Cardano (ADA) Price Drops 5% Amid Trader Shorts, Hoskinson Blames Community f...
Cardano (ADA) continued its downward slide on Monday, falling over 5% to trade around $0.57, extending last week’s 10% decline. Related Reading: XRP’s Next Earthquake: Billions Set To Flow In, ‘Supply Shock’ Coming—Analyst Market data from CoinGlass shows trader sentiment turning increasingly bearish, with ADA’s long-to-short ratio at 0.75, the lowest this month. The metric indicates that more traders are betting on further declines. On-chain data mirrors this negative outlook. According to Santiment, daily active addresses on the Cardano network dropped from 32,115 in mid-October to....
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Cardano founder Charles Hoskinson delivered a new message to the community on April 12, declaring that the Cardano ecosystem has reached full decentralization while hinting at a potential step back from active involvement. In a livestream titled “See you on the other side”, Hoskinson reflected on a decade-long journey with Cardano, praised recent governance milestones, […]
IOHK CEO Charles Hoskinson vents his disappointment over Wikipedia’s refusal to list a Cardano page. In a Periscope video, Hoskinson hits out following his discovery that the online encyclopedia sees Cardano as lacking credibility. What’s more, considering Cardano’s scientific credentials, Hoskinson believes there is more at play than merely inadequate source data on the project. […]
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