Cardano losing traction, investors opt for potent crypto projects like InQubeta

The cryptocurrency market is a dynamic ecosystem constantly evolving with new projects and innovations. While some altcoins may experience a decline in interest, others emerge to revolutionize the industry. InQubeta is one such project reshaping the crypto landscape with its artificial intelligence (AI) innovation. As interest in top altcoins like Cardano fades, InQubeta’s technology could allow investors to be part of the future of crypto. InQubeta’s AI innovation InQubeta is at the forefront of a paradigm shift in the crypto industry, bridging the gap between artificial intelligence (AI) and blockchain technology. By…

Celsius to Potentially Sell More Than $170M in Cardano (ADA), Polygon (MATIC), Solana (SOL) and Altcoins for BTC, ETH

According to court documents from last December, Celsius controlled 90 million MATIC, 103 million ADA, 161,000 SOL, 3.3 million LINK, 1.8 million polkadot (DOT), 200,000 litecoin (LTC) and 106,000 AAVE on November 25, 2022. It was not entirely clear what the company’s current positions are in those assets and how much of those are to be excluded from the sale. Source

The best blockchain “does not exist” — Cardano Foundation exec

While many community members enjoy arguing about what the ultimate blockchain is, an executive from the Cardano Foundation believes that these arguments should stop, as use cases dictate which blockchain is most appropriate for specific projects.  At the World Token Summit in Dubai, Cointelegraph spoke with Mel McCann, vice president of engineering at the Cardano Foundation. The executive spoke about various topics, including enterprise adoption and the need to stop arguing about what blockchain is the best. Cardano Foundation’s Mel McCann (left) with Cointelegraph reporter Ezra Reguerra at the World…

Cardano founder quashes rumors, denies collaborating with Ripple

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Charles Hoskinson, the founder of Cardano, has clarified misconceptions and denied claims of collaboration with Ripple. He emphasized that he is frequently mistaken for Vitalik Buterin, the co-founder of Ethereum. Hoskinson utilized Twitter to address and rectify the ongoing misunderstandings within the cryptocurrency industry. Why do I keep seeing people claim I worked at Ripple as an intern? I never worked for them in any capacity. You’re confusing me for Vitalik who I believe was an…

Cardano (ADA), Ether (ETH) Surge as Bitcoin (BTC)-Led Rally Sees Short Traders Lose $125M

“Blackrock’s ETF presents a statement or unique ‘solution’ if you will that makes it different from previous ETF filings,” shared Eitan Katz, CEO of Kima, in a Telegram message. “It includes a surveillance sharing agreement with Nasdaq, which means that Nasdaq will have access to the trading data, including customer IDs –all with the intention to make it significantly more immune to market manipulations by traders.” Original Source 125MADABitcoinBTCLedCardanoETHEtherLoseRallySeesShortSurgeTraders CryptoX Portal

Latest Cardano Node Upgrade Goes Live on Mainnet

Epochs refer to the time periods on the Cardano blockchain. Each epoch lasts 432,000 slots, and each slot lasts 1 second – meaning a single epoch lasts roughly five days. ADA tokens are staked during these epochs during which new blocks on the Cardano network are produced. Source

Why is Cardano price down today?

The price of Cardano (ADA) is down over 3% on June 19 after dropping over 30% in the past two weeks. Is ADA price headed for its fourth red weekly candle in a row?  No respite for Cardano price bulls On June 19, ADA price fell over 3% to daily lows of $0.257 as traders continued to assess Cardano’s mention in the list of crypto assets that the U.S. Securities and Exchange Commission (SEC) considers “unregistered securities.” ADAUSD daily price chart. Source: TradingView In addition, Federal Reserve’s hawkish guidance last week…

Cardano founder Charles Hoskinson goes hunting for aliens & UFOs

Cardano founder Charles Hoskinson is currently searching for a UFO — or some sort of space object — that has crashed near the coast of Papua New Guinea in the Pacific Ocean. The search is part of the Galileo Project that received $1.5 million in funding from Hoskinson in March. The project is operating an expedition led by Harvard astronomer Avi Loeb and his student Amir Siraj, who identified a “meteor of interstellar origin” that crashed into Earth from outer space back in 2014. Yes. — Charles Hoskinson (@IOHK_Charles) June…

Bitcoin, Cardano, and CryptoCurrency forums on Reddit limit access, protest API changes

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin, Cardano, and CryptoCurrency, three of the largest crypto-centric subreddits, are joining other popular forums on Reddit to protest against planned API and tools policy changes that will prevent users from freely using the interface from July 1.  Reddit API changes As of June 12, users wishing to browse the three popular subreddits must request the moderator for access as the protesting subreddits are in “private” mode.  More than 3,500 subreddits reportedly have limited access, rejecting Reddit’s…

Cardano, Solana, and Algorand Plummet to New Lows

While the SEC’s designation of some cryptocurrencies as securities has shaken the market, the development companies behind these assets have strongly rejected the regulator’s characterization. The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance and Coinbase has resulted in widespread volatility in the crypto market. As part of its legal actions, the regulator identified 19 new cryptocurrencies as securities. According to the SEC, “Coinbase makes these crypto assets available for trading without restricting transactions to those who might treat the asset as anything other than as an investment.”  Market…