Cardano Price Support in Peril as Robinhood Delists ADA
As a result of delisting Cardano, SOL, and MATIC on Tuesday, the leading trading app Robinhood triggered a minor sell-off. Cardano price is perilously close to falling off a cliff due to another investor exodus prompted by the SEC’s assault on the cryptocurrency market earlier this month. ADA, the Cardano ecosystem’s native token, was listed […]
Cardano Foundation Disagrees With the US SEC
Concerns regarding regulatory clarity and conformance plague Cardano (ADA), Solana (SOL), and Polygon (MATIC) in the United States. After The United States Securities and Exchange Commission (SEC) filed a lawsuit against Binance, the SEC classified prominent cryptocurrencies as securities, including Cardano (ADA). However, the CEO of the Foundation disagrees with this classification and stresses the […]
Cardano Foundation Appoints New Technical Director For Open-Source Development
The Cardano Foundation announced the appointment of Mr. Benkort as the new technical director for open-source development New Technical Director For Cardano Foundation Matthias Benkort, a software developer at Cardano’s Input-Output Global who is best known for his work on the second-layer scalability solution Hydra, joins the Cardano Foundation in a new role. Mr. Benkort, […]
Daily transaction volume on Cardano blockchain surges but the reverse is the case for ADA
The Cardano blockchain has seen a surge in on-chain activity, making it one of the most active networks by transaction volume. It currently trails only Bitcoin in 24-hour transaction volume while overtaking Ethereum. According to data from on-chain analytics firm Messari, Cardano (ADA) currently has $17.04 billion in 24-hour transaction volume. According to Messari, Cardano […]
Price Analysis 1/21: ETH, XRP, BNB, and ADA
Following the bulls’ failed attempt to seize the initiative, the main coin price have continued to fall. Can one expect any short-term rise soon? Following the bulls’ failed attempt to seize the initiative, the main coin rates have continued to fall. ETH/USD The Ethereum (ETH) price tested the POC line ($3,250) yesterday, as bullish momentum […]