Cardano Soars 13% On Rumors Of Burn Mechanism Rollout, Charles Hoskinson Reacts

Cardano Soars 13% On Rumors Of Burn Mechanism Rollout, Charles Hoskinson Reacts

In the last 7 days, Cardano is one of the best performers on the crypto top 10 by market cap. Proof-of-Stake networks lead the market, as Bitcoin and others stand in the back. Related Reading | Cardano (ADA) Takes A Tumble After Hoskinson Is Accused Of Falsifying Credentials Avalanche (AVAX) records almost 30% in profits, as Ethereum (ETH) records 16% and Cardano (ADA) 13% profits over the past week. ADA’s price trades at $0.89, as of press time, and could see further gains in the short term as the market experiences further gains. ADA’s price appreciation could be fueled by rumors....


Related News

Here Are The Projects Pushing Cardano’s Price To The Upside

Cardano was pushed down in the crypto top 10 by market cap as LUNA and XRP took over its former place. However, ADA’s price has been surging in the last month and could reclaim previous highs as the general sentiment turns bullish. Related Reading | Cardano Soars 13% On Rumors Of Burn Mechanism Rollout, Charles Hoskinson Reacts At the time of writing, Cardano (ADA) trades at $1.20 with a 30% rally over this period. This makes ADA the best-performing cryptocurrency by market cap. ADA’s price has been recovering from a multi-month downside that saw its price drop from an all-time high....

Cardano Completes Network Upgrade, ADA Reacts To The Upside

Cardano remains one of the best performing assets in the crypto top 10 by market cap for the past 7 days. ADA’s price, with Avalanche (AVAX), Ethereum (ETH), and Solana (SOL), trades with over 15% in profit over this time period, and gains could extend on different timeframes. Related Reading | Cardano Soars 13% On Rumors Of Burn Mechanism Rollout, Charles Hoskinson Reacts At the time of writing Cardano trades north of $0.90 with a 2.5% profit in the last 24 hours. While Bitcoin and larger cryptocurrencies by market cap move sideways, Cardano’s reaction to the upside could be driven....

Backlash Following Later Than Expected Rollout For Cardano Smart Contracts

At yesterday’s Cardano 360 event, IOHK CEO Charles Hoskinson gave an update on the long-awaited Alonzo upgrade. Due to stress testing and exchange integration, Hoskinson expects a rollout in mid-August. IOHK had previously penciled in a date of the end of March 2021 for this to happen. A five-month delay hasn’t gone down well with […]

Here’s How Cardano Could Fail, According To Its Creator Charles Hoskinson

Charles Hoskinson, the creator of Cardano and IOG’s CEO, was interviewed by Lex Fridman for his podcast. Hoskinson talked about the past, present, and future and this platform in a discussion almost 5 hours long. Hoskinson played the devil’s advocate and also discussed Cardano’s potential weakness that could lead the project to complete failure. Many […]

Charles Hoskinson Discusses Cardano’s 2022 Plans, Founder Says Project ‘Needs...

The digital currency cardano has jumped over 8% in value during the last 24 hours and 25% over the last seven days. The price move follows an update on Charles Hoskinson’s and IOHK’s plans for the Cardano network in 2022. Charles Hoskinson’s 2022 Cardano Outlook: ‘A Formal Open-Source Project Structure Is Going to Be Formed’ Cardano (ADA) supporters were pleased to get two updates from IOHK, the team behind the crypto project’s development. On December 24, the founder of Cardano, Charles Hoskinson, spoke for 30 minutes in a new video....