Tag: Cardano

EU’s Data Act Still Contains Controversial Smart Contract Kill Switch, Despite Lobbying by Polygon, NEAR, Stellar, Cardano

CryptoX – Cryptocurrency Analysis and News Portal Negotiators said they had struck a deal on the controversial text on June 28, shortly after organizations linked to numerous blockchains, including Stellar, Polygon, NEAR and Cardano, expressed their concerns in an open letter, but no text has been released until now. Source The post EU’s Data Act Still Contains Controversial Smart Contract Kill Switch, Despite Lobbying by Polygon, NEAR, Stellar, Cardano appeared first on CryptoX. CryptoX Portal

Tim Draper sets bitcoin target of $250k, DigiToads and Cardano poised to 100x

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied While US major investor Tim Draper believes bitcoin will hit $250,000, other analysts think DigiToads and Cardano are poised to grow by 100x. DigiToads investors anticipate value increase DigiToads’ presale success has made it one of the most sought-after cryptocurrencies. Crypto enthusiasts believe this cryptocurrency could grow by 100x once it launches, increasing the value of investors’ portfolios. The crypto project recently unveiled a collection of trending NFTs that allow users to make money from DigiToads’…

Cardano price turns bullish, but is there substance to the ADA rally?

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Cardano experienced a remarkable price surge of 23.9% on July 13, leaving investors curious about the potential for further gains. This significant rally comes on the heels of a favorable judicial decision regarding XRP (XRP), leading many to question if Cardano (ADA) has what it takes to break above the $0.40 mark. Cardano 1-day price in USD at Coinbase. Source: TradingView There are three reasons to support Cardano’s bullish momentum, including its potential to integrate other blockchains, increased activity in decentralized applications (DApps) and the decreased regulatory risk, although the latest XRP…

Ethereum, Solana, Cardano Tops New Crypto ESG Ranking, Bitcoin Downgraded for Energy Usage

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The benchmark measured environmental, social and governance risks for and opportunities of digital assets, taking into account a range of metrics including decentralization, energy consumption, community engagement. Then, the points for each metric were aggregated and weighted for an overall score of maximum 100 points, making up the final grade from AA (best) and E (worst). Original

Cardano network activity and ADA’s oversold price action hint at a powerful breakout

Caradano’s native gas-paying token ADA received a big blow at the start of June when the SEC regarded it as a security in its lawsuit against Binance and Coinbase. The lawsuit triggered a 42.5% drop in ADA’s price from $0.37 to a two-year low at $0.21 within a few days after SEC’s lawsuit. Additionally, the token faced further downside selling pressure due to delisting on U.S.-based trading apps Robinhood and eToro. However, under the hood, the network has been making progress with an uptick in DeFi activity after a scalability…

Cardano releases development updates, ADA is recovering

Cardano has just released this week’s updates highlighting the technical developments on the network, including smart contracts, governance, Project Catalyst, and scaling. Meanwhile, its native token, ADA, has begun recovering and trades in the green. The Cardano update shows that the network has launched 131 projects, while 1,261 projects are being built. In addition, it recently achieved a 70 million transaction milestone.  Cardano has so far launched 131 projects and 1,261 projects are currently being built on its network. In addition, it recently marked a 70 million transaction milestone. —…

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

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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…