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Cardano price, market cap on Coin360 heatmap

Cardano(ADA)

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$0.317121
(-2.92%)
0.00001868 BTC
Market Cap (Rank#9)
$10,927,770,341
643,626 BTC
Vol 24h
$74,747,635
4,402 BTC
Circulating Supply
34,459,303,074.82
Max Supply
45,000,000,000
14h agocointelegraph
Price analysis 12/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT
Crypto markets appear to be losing some of their recent bullish momentum, but a favorable tailwind from equities markets could catalyze a breakout in Bitcoin and select altcoins.
19h agocoindesk
Most Influential Artist: Adam Levine
The artist made a portrait of crypto critic Molly White, and went down the Web3 rabbit hole she opened up.
20h agocryptodaily
Sparklo (SPRK) Could Compete With Shiba Inu (SHIB) And Cardano (ADA)
Anyone who is looking for profitable cryptocurrency investments should take a look at new alternative investments. That’s because cryptocurrency investments such as Cardano (ADA) and Shiba Inu (SHIB) are no longer delivering the best returns to investors. Among new investment opportunities available to investors, Sparklo is one showing a promising outcome. Cardano (ADA) Investors Not Happy With Current Trend Cardano (ADA) was among the top 10 most powerful crypto projects out there. The project came out as an Ethereum (ETH) killer. It was designed to help people overcome inefficiencies associated with Ethereum (ETH). Users enjoy the faster transaction speeds that Cardano (ADA) offers. However, Cardano (ADA) got halted in the bear market. Currently, the value of Cardano (ADA) is stuck in a downward trend. Due to the same reason, investors are looking forward to moving into alternative investments like Sparklo. Shiba Inu (SHIB) Shows Decreasing Trend Shiba Inu (SHIB) is another successful cryptocurrency, but it is going through a series of challenges. The meme coin was highly popular back in the year 2021. However, cryptocurrency whales who invested in Shiba Inu (SHIB) gave up their investments in the same year. Since then, the token value of Shiba Inu (SHIB) has continued to drop. Shiba Inu (SHIB) investors have lost their hopes, and they are now searching for more promising investments such as Sparklo. Sparklo (SPRK) Will Be An Excellent Alternative Investment Most investors are interested in investing in precious and rare metals such as gold, silver, and platinum bars. With this, Sparklo will create the first alternative-investment platform tailored for cryptocurrency investors interested in buying and trading fractionalized NFTs backed by silver, gold, and platinum. Stage 1 presale of Sparklo has only just launched with the current price only $0.013. This is expected to increase by 4,000% in the coming months. Anyone interested in getting hands on this innovative project should invest early to enjoy maximum gains. The team will lock liquidity for 100 years, while team tokens will also be locked. After much research we believe Sparklo will be a great investment for those buying in early. We recommend checking out Sparklo now. Find out more about the presale: Buy Presale: https://invest.sparklo.finance Website: https://sparklo.finance Twitter: https://twitter.com/sparklo_finance Telegram: https://t.me/sparklofinance Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
21h agocoindesk
Blending the World’s Most Successful Loyalty Program With Web3
The brains behind Starbucks Rewards, which now counts 60 million members worldwide, is back to design Starbucks Odyssey, a Web3 loyalty program. That's why Adam Brotman is one of CoinDesk’s Most Influential 2022.
21h agocoindesk
The Organizer of the Freedom Convoy Who Got Its Crypto Assets Frozen
Canada’s trucker protest organizers unwittingly taught us that a private citizen in that country can successfully petition a judge to freeze someone else’s crypto. That's why Tamara Lich is one of CoinDesk’s Most Influential 2022.
1 day agozycrypto
Cardano’s Hoskinson Praises Algorithmic Stablecoins, Touts Them As The Gold Standard Of The Digital Age
Charles Hoskinson believes that algorithmic stablecoins are the way to go and that they have the ability to...
2 days agocryptodaily
Dogecoin (DOGE) explodes after Elon buys Twitter, Investors drop Big Eyes (BIG), for Orbeon Protocol (ORBN)
This week, the crypto community can&rsquo;t stop talking about Big Eyes (BIG), Orbeon Protocol, and Dogecoin (DOGE). Dogecoin is the long-reigning king of meme coins, and the other two projects are in their presale phase and have massive upside potential. Experts predict that Orbeon Protocol (ORBN) will rise by 60x in the weeks ahead. Let&rsquo;s compare these three projects so that you can make the best decision for your portfolio. >>BUY ORBEON TOKENS HERE>BUY ORBEON TOKENS HERE<< Dogecoin (DOGE) Dogecoin was the first dog coin and the first meme coin. Dogecoin started with humble beginnings as a joke by software engineers Billy Markus and Jackson Palmer. The two wanted to make light of the wild speculation in the crypto space. The joke worked a little too well, and now Dogecoin has a larger market cap than most corporations can ever dream of, reaching $85 billion in the spring of 2021. It was one of the coins that helped to bring mainstream attention to the crypto space, which led to some buyers leaving Dogecoin for more &ldquo;mature&rdquo; cryptocurrencies like Cardano. Big Eyes Coin is attempting to emulate DOGE while also trying to take a portion of its market cap, while Orbeon is offering real use cases in the venture capital and crowdfunding space. Find Out More About The Orbeon Protocol Presale Website: https://orbeonprotocol.com/ Presale: https://presale.orbeonprotocol.com/register Telegram: https://t.me/OrbeonProtocol Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
2 days agozycrypto
Cardano Reigns As The Most Developed Crypto Asset As ADA Leaps Forward
Per data from the on-chain analytics platform, the Cardano blockchain's GitHub code repository recorded 18% more...
3 days agocointelegraph
Price analysis 12/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
Bitcoin and altcoins are beginning to flash signals of a potential trend change, but a handful of downside risks remain.
3 days agocryptodaily
What is the future for privacy coins?
A leaked EU proposal to restrict privacy enhancing coins could be a serious worry for this crypto niche. With regulators seemingly on the warpath against any form of monetary privacy, things do not look good for privacy projects. TornadoCash is one example of harsh law enforcement whereby a developer for the project has ended up facing jail time just for writing some of the code. Why privacy-enhancing coins? The blockchain is by definition completely public and transparent. Every transaction that is made is stored forever and anybody can see which wallet it is sent from and which wallet received it. However, in spite of the advantages of transparency, these come with the disadvantage that every single transaction made by someone can be transparently viewed - no matter how private or potentially embarrassing it might be. Those viewing your transactions could be anyone, including your boss who knows your salary history to the exact dollar - pretty disadvantageous for your next salary negotiation. Or how about nefarious actors? Fraudsters, thieves and any other criminals would be able to see how much you are worth and if it&rsquo;s worthwhile kidnapping you in order to extract your private keys to the wallets you own. The long and short of it is that blockchain technology is not going to be used if this means that people&rsquo;s financial history is made public. Therefore, this is where privacy-enhancing coins come in. There are various ways in which these work. Some utilise mixers that jumble transactions in order to conceal the wallet identities of the senders and receivers. Cryptographic technologies such as zero-knowledge proofs, homomorphic encryption, and multiparty computation are used to obfuscate the data and make it impossible for any third party to unravel. Why the EU would want to ban privacy-enhancing coins Privacy-enhancing technology is extremely complex and it could easily be imagined that regulators just wouldn&rsquo;t have the technical know-how with which to grasp and fully understand everything, let alone be able to competently lay out regulations that can keep up with such a fast-moving technological space. The EU view will likely be that privacy-enhancing coins will make it far more difficult to uncover their potential use for money laundering and other illegal activities. The leaked EU proposal The part of the leaked draft that is causing some consternation in crypto circles is the following: &ldquo;Credit institutions, financial institutions, and crypto-asset service providers shall be prohibited from keeping &hellip;anonymity-enhancing coins&rdquo; This is suggesting that centralised exchanges etc. will not be able to list privacy-enhancing coins. The leaked draft also includes that no transaction over 1000 EUR can remain private. KYC would even be required for amounts under 1000 EUR. This would appear to open the door to a complete restriction on user privacy, and would potentially leave their details open to being doxxed. Dusk Network - privacy with full regulatory compliance The goal for Dusk Network is user privacy for transactions while simultaneously remaining compliant with regulations. Dusk highlights that &ldquo;privacy is an inalienable right, formally enshrined in the Charter of Fundamental Rights here in the EU&rdquo;. Dusk also posits that in order to comply with EU GDPR rules, all user data stored on the blockchain must have a proper level of privacy built in, which Dusk provides. The Dusk zero-knowledge proof technology builds in compliance at the core level. The protocol is being developed with KYC for DeFi as an absolute requirement, meaning that users remain compliant as they transact. For example, if the user tries to transact, knowingly or unknowingly, with persons in a sanctioned country, the code will not allow the transaction. Dusk Network is well aware that the regulatory environment is constantly shifting, and for that reason it is constantly monitoring the situation. However, it believes that it has the solution to the problem as explained in a Dusk blog post on the matter: &ldquo;Auditors are able to ensure that what is happening on our network complies to the regulations, in addition to compliance being built in from the core. If you&rsquo;re not allowed to turn left, there is simply no option to turn left. You don&rsquo;t need to monitor that people aren&rsquo;t turning left, as it were. Institutions are able to use our technology without fears of being penalized as we are compliant with the rules, and users are able to have a system that gives them control over their assets, the chance to use them outside of the crypto sandbox, without having to air their dirty laundry for all to see.&rdquo; Dusk Network is optimistic for a privacy future that includes regulated DeFi. It also holds the belief that traditional finance needs to merge with blockchain and decentralisation in order to bring a better, faster and more innovative system that can adapt to the modern world that we live in. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
3 days agocryptodaily
3 Altcoins That Could Skyrocket In 2023: Decentraland (MANA), Cardano (ADA), And Plona (PLON)
The year is almost over, and many investors are already searching for cryptocurrencies that could skyrocket in price. For some time now, Bitcoin (BTC) has remained Below the $25k resistance level, dampening investors' hope of a bull run this year. But, some coins are poised to do well next year, like Plona (PLON). While Decentraland (MANA) and Cardano (ADA) are well-known in the crypto space, a new cryptocurrency, Plona (PLON), could be more profitable than these coins as it is currently on presale. Cryptocurrencies on presale generally reward investors more than well-established coins. Decentraland (MANA): The Metaverse is a big concept right now, with big companies like Nike and Meta (formerly Facebook) investing heavily in the virtual world concept. One of these virtual worlds is Decentraland (MANA), which allows people to explore the Metaverse, buy virtual land, and host events. As the Metaverse continues to grow in popularity, investors can expect Decentraland&rsquo;s (MANA) price to rise. There are so many things Decentraland (MANA) users and visitors can buy stuff via the in-site marketplace, like digital wearables, properties, and custom names. Most of these transactions occur with Decentraland&rsquo;s native currency (MANA). More activity in this virtual world could cause the coin&rsquo;s price to soar over the following years. Cardano (ADA): Launched in 2017, Cardano (ADA) is one innovative project that has stayed on top of the crypto market in relevance and market cap for about 2 years, attracting new investors. Cardano (ADA) was formulated to be a better alternative to Ethereum (ETH) and was developed by a team that includes an Ethereum co-founder Charles Hoskinson. Cardano(ADA) is an open-source blockchain that allows developers to create smart contracts and build projects around it. Its coin, ADA, has much potential to do well as the Cardano (ADA) blockchain constantly rolls out innovative solutions. Plona (PLON): This new altcoin has the power to give the most ROI to investors because of its unique proposition. As the premier luxury car Metaverse platform, Plona (PLON) comes with an all-inclusive approach to help users make practical money. While you may not have enough money to buy virtual land, you can channel your funds into a luxury car as an NFT. The NFTs can be used as collateral. The excellent news: Plona (PLON) is currently on its presale round, meaning you can buy it right now and watch your gains compound next year. To buy Plona (PLON), you just need some cryptocurrency, an ERC-20-compatible wallet to receive the Plona (PLON) airdrop, and 2-3 minutes to buy into the presale. You certainly do not want to miss the opportunity of buying a coin on presale: it is golden. Got any questions? Visit the links below: Presale: https://buy.plona.io Website: https://plona.io Twitter: https://twitter.com/plonatoken Telegram: https://t.me/plonatoken Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
3 days agocryptopotato
Crypto Price Analysis Dec-2: ETH, XRP, ADA, MATIC, and DOGE
This week, we take a closer look at Ethereum, Ripple, Cardano, Polygon, and Dogecoin. Ethereum (ETH) Ethereum had a good week, with the price managing to break above the $1,220 resistance level and booking a 6.5% increase in the process. This bullish momentum is expected to continue if buyers can manage to turn the previous […]
4 days agocointelegraph
New Cardano algorithmic stablecoin evokes old fears for the community
“I thought we already figured this out, algorithmic stablecoins, not the best option,” a community member wrote on Twitter.
4 days agonulltx
Top 3 Polkastarter Tokens to Watch in November 2022
The Leading Web3 Fundraising Platform, Polkastarter, enables Web3 projects to build fixed swap token pools that are decentralized. Polkastarter Tokens has a total market capitalization of $178,969,467 and a total trading volume of $18,512,500. Note: This List is sorted by their market capitalization from lowest to highest. MahaDAO (MAHA) Price Unit: $1.00 Market Cap: $3,077,371 […] The post Top 3 Polkastarter Tokens to Watch in November 2022 appeared first on NullTX.
4 days agocointelegraph
NYDFS proposes regulation to assess costs of 'supervision and examination' for licensed crypto firms
Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross.
4 days agocryptodaily
DappRadar: Blockchain Gaming Activity Hardly Impacted by FTX Crypto Blast
Kaunas, Lithuania, 1st December, 2022, ChainwireDappRadar, the global dapp store, said today in a report the blockchain gaming sector showed strong resilience throughout the month of November, despite negative pressure on the wider crypto industry that resulted from the collapse of the once-popular FTX cryptocurrency exchange. Blockchain games brought almost half of the blockchain activity DappRadar's latest Blockchain Games Report shows that blockchain gaming activity largely managed to brush off the events at FTX. The number of daily unique active wallets (UAW) averaged 800,875 in November, down slightly from just over 900,000 UAWs in the previous two months. All told, blockchain games accounted for a healthy 46% of all blockchain activity, ensuring it remains the biggest segment in the overall crypto space, ahead of decentralized finance. The most popular blockchain for gaming was, once again, Wax, which actually saw an increase in daily activity with an average of 344,284 daily UAWs in November, up more than 4% from October. BNB Chain was the second-most popular gaming protocol in October with an average of 171,269 dUAW but took a big hit in November and that number decreased by 35%. Taking BNB Chain&rsquo;s spot as the second-most popular gaming protocol in November was Hive, which also declined from the previous month by 8%, but maintained an average of 156,369 dUAW this month. There were a number of blockchains that suffered as a result of the fallout from the FTX collapse, though. In particular, gaming on the Solana blockchain - which was closely linked to FTX - appears to have taken a big hit.In November, it saw its gaming activity fall by a stunning 89.42% to just 2,326 daily UAWs, the lowest number it has registered thus far. Top-ranking games pick up speed while metaverses take a hit in sales Most of the games ranking in the top ten in terms of users put in a strong showing throughout the month. For instance, the Wax-based Alien Worlds managed to grow its user base by an impressive 25% to emerge as the most-played game of all, with 212,000 dUAWs. Splinterlands came in at number two with 169,000 dUAWs, up 5% from the previous month, November was a busy month for metaverse gamers too, with The Sandbox completing one of its most hyped events thus far, Alpha Season 3, with more than 353,000 unique users across 98 brand-generated experiences. While The Sandbox saw its NFT trading volume fall by around 33% last month to just over $1 million, it ended the month by announcing another big land sale. The upcoming sale promises to be a big event, with The Sandbox poised to auction off 1,967 LANDs, including 50 estates, 695 regular LANDs, 134 premium LANDs and 19 one-of-one LANDs. Both standard and premium LAND sales will be allocated via a blind ballot system. The sales actually kicked off on Nov. 24 and will continue until early in the New Year, so don't be surprised to see a significant uptick in The Sandbox's trading volume next month. Another popular metaverse, Decentraland, also witnessed a decline in November, with trading volume down 54% and sales down more than 23%. The decline in metaverse land sales is almost certainly a consequence of the goings on at FTX, which helped to accelerate a decline in land trading volume that began in July. It'll be interesting to see if the new LAND sale at The Sandbox can help to arrest the slide or not. Despite the decline in metaverse sales, the health of the blockchain gaming space looks positive overall, especially if the amount of cash being thrown at it from investors is anything to go by. The report notes that blockchain games and metaverse projects raised a combined $534 million in new funding throughout November. The highlight of the month was Web3 games publisher Fenix Games, which raised a hefty $150 million in the month to acquire, invest and distribute its portfolio of blockchain games. About DappRadar Founded in 2018, DappRadar is the The World's Dapp Store: a global decentralized applications (dapps) store, which makes it easy for its base of more than 1 million users per month to track, analyze, and discover dapp activity via its online platform. The platform currently hosts more than 12,000 dapps across 49 protocols and offers a plethora of consumer-friendly tools, including comprehensive NFT valuation, portfolio management, and daily industry-leading, actionable insight. Socials: Twitter - Discord - Reddit - Telegram - FacebookContactDan [email protected]
4 days agocryptodaily
SubQuery Announces Integration with Flare Network
Dubai, UAE, 1st December, 2022, ChainwireSubQuery is excited to announce it has extended its data indexing support to Flare Network, the blockchain that aims to connect everything. The partnership was made possible after SubQuery received a grant from the Flare Ecosystem Support Programme. Flare is a blockchain which presents developers with a simple and coherent stack for decentralized interoperability, allowing dApps to serve multiple chains through a single deployment. This cross-chain approach is consistent with SubQuery&rsquo;s continuous effort to become the universal blockchain indexing tool for web3 developers. Flare supports EVM-based smart contracts, and has data and interoperability infrastructure built natively into the blockchain, providing dApps with highly decentralized price feeds and secure state acquisition from other blockchains. Flare is also building the capability to create decentralized, multilateral and insured bridges between different blockchain networks to achieve trustless interoperability. Hugo Philion, Flare Co-founder & CEO, said, &ldquo;We admire SubQuery's decentralized data indexing solutions and are excited for them to launch on Flare mainnet. This will complete another important piece of Flare's developer engagement strategy." SubQuery provides decentralised data indexing infrastructure to developers building applications on multiple layer-1 blockchains including the Cosmos ecosystem, Polkadot, Algorand and Avalanche. As an open data indexer that is flexible and fast, it helps developers build APIs in hours and quickly index chains with the assistance of dictionaries (pre-computed indices). Engineered for multi-chain applications, SubQuery allows developers to organize, store, and query on-chain data for their protocols and applications. SubQuery eliminates the need for custom data processing servers, helping developers focus on product development and user experience. &ldquo;We&rsquo;re proud to be supporting teams building on Flare Network with our fast, flexible and universal indexing solution. We are excited to deliver another integration that enables Flare developers to index their data faster and easier, and build complex dApps with the help of SubQuery.&rdquo; &mdash; Marta Adamczyk, Technology Evangelist at SubQuery Flare Network developers will benefit from the full SubQuery experience, including the open-source SDK, tools, documentation, developer support, and other benefits developers receive from the SubQuery ecosystem. Additionally, Flare Network is accommodated by SubQuery&rsquo;s managed service, which provides enterprise-level infrastructure hosting and handles over 400 million requests each day. SubQuery is now focused on launching the Kepler canary network before decentralising and tokenizing the protocol to build the SubQuery Network. If you would like to join SubQuery as a Flare launch partner, please reach out to [email protected] Getting Started The best way is to start with our starter project which contains a running project with an example of all mapping functions. You'll need to install a recent version of @subql/cli via npm i -g @subql/[email protected] If you don't want to see a kitchen sink example, you can follow a step by step guide on how to create a real world example. Follow our quick start tutorial to see how to index all Flare FTSO Rewards on the Songbird network in less than 15 minutes. With SubQuery's Flare integration, we can index the following: BlockHandler: All blocks and their hash and height TransactionHandler: All transactions and their hash, height, and timestamp LogHander: Logs and other on chain messages as a result of transactions made SubQuery's Flare implementation has been designed to operate almost identically to SubQuery's Avalanche, Polkadot, Cosmos, and Algorand support, and in a similar way to the Graph's approach. We've updated the SubQuery Documentation to add Flare specific information. You can begin by following this excellent getting started guide here. Key Resources Developer documentation (SubQuery Academy) Starter project (Github) Example project that indexes FTSO rewards Discord community (including technical support) About Flare Network Flare is a blockchain built to connect everything. It presents developers with a simple and coherent stack for decentralized interoperability, allowing developers to serve multiple communities and ecosystems simultaneously through a single deployment. Flare&rsquo;s protocols now provide: Scalable EVM-based smart contracts. Highly decentralized price feeds. Secure state acquisition from other blockchains. Flare and ecosystem partners are also building: Insured smart contract token bridging. Non-smart contract token bridging. Secured data relay. Horizontal scaling through a fully interoperable multi-chain ecosystem. Website | Twitter | Discord About SubQuery SubQuery is a blockchain developer toolkit facilitating the construction of Web3 applications of the future. A SubQuery project is a complete API to organise and query data from Layer-1 chains. Currently servicing Polkadot, Avalanche, Algorand, and Cosmos projects, this data-as-a-service allows developers to focus on their core use case and front-end without wasting time building a custom backend for data processing activities. In the future, the SubQuery Network intends to replicate this scalable and reliable solution in a completely decentralised manner. ​​Linktree | Website | Discord | Telegram | Twitter | Matrix | LinkedIn | YouTube ContactDan [email protected]
5 days agocoindesk
Canada's Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining: Reports
The local heavily indebted utility has received up to 4.6 GW of requests from miners looking to connect to the grid.
5 days agocryptodaily
Telegram To Build Decentralized Exchange, Crypto Wallets
Messaging app Telegram has announced plans to build a decentralized exchange and non-custodial wallets in the wake of the FTX collapse. Telegram founder and CEO Pavel Durov stated that the messaging app plans to push ahead with its buildout of crypto infrastructure. Decentralized Exchange, Wallets In The Works With the crypto space rocked by the collapse of the FTX exchange, Telegram has announced plans to build decentralized and trustless alternatives. Telegram founder and CEO Pavel Durov made the announcement on his Telegram channel on Wednesday. Durov stated that the company would be building decentralized exchanges and non-custodial wallets, enabling millions to use and trade their crypto safely. According to Durov, this would be a start to fixing problems caused by excessive decentralization. &ldquo;This way, we can fix the wrongs caused by the excessive centralization, which let down hundreds of thousands of cryptocurrency users.&rdquo; According to Durov, the project should be feasible, citing the development of Fragment, Telegram&rsquo;s decentralized auction platform, which took only five weeks, and five people to develop. Building Crypto Infrastructure Telegram has been relatively successful in bootstrapping and building out its own crypto infrastructure, having sold $50 million in usernames through Fragment, its blockchain-based auction platform. Fragment has been built on the Telegram Open Network. The Telegram Open Network was initially abandoned by Durov after coming under significant regulatory pressure. However, the blockchain&rsquo;s community successfully kept the protocol alive. With the success of Fragment, Durov intends to enable Telegram to build further decentralized infrastructure, which could benefit millions of users. Pushing The Industry Back Towards Decentralization Durov called for the developer community to steer the crypto industry back towards decentralization and decentralized applications. He stressed on moving away from third parties who have led to uncertainty in the crypto space. According to Durov, the over-reliance on centralized entities has led to many users to lose their savings, as demonstrated by the FTX collapse. FTX has been accused of mismanaging funds, lending them out to its sister concern, Alameda Research. This is a strict no-no for exchanges that handle customer funds. As a result of the collapse, other exchanges are rushing to implement robust mechanisms and better checks and balances. These include proof of reserves systems that verify possession of client funds on-chain. Others Echo Durov&rsquo;s Sentiments Durov&rsquo;s views about FTX found support in several quarters. Cardano founder Charles Hoskinson echoed the Telegram CEO&rsquo;s views when speaking at the Financial Times Crypto and Digital Assets Summit, stating, &ldquo;The failures we&rsquo;re having aren&rsquo;t failures of protocols, aren&rsquo;t failures of DeFi. They&rsquo;re failures of trust, they&rsquo;re failures of regulation, they&rsquo;re failures of people.&rdquo; Other crypto users seem to feel the same way as well. Analysts at JP Morgan stated that they had seen a significant outflow of funds from other centralized exchanges such as Crypto.com, OKX, Gemini, and others after the FTX collapse. Other firms, such as BlockFi, have filed for bankruptcy, while trading desk Genesis has halted withdrawals. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
5 days agocryptodaily
Utherverse Partners with Tokensoft to Launch IDO for Native Metaverse Token
New York, NY, 30th November, 2022, ChainwireUtherverse, one of the largest metaverse platforms in the world, has signed a partnership agreement with Tokensoft, the leading technology platform for launching digital assets. The deal will facilitate the first and second presale rounds of Uther Coin (UTHX) as part of the token&rsquo;s initial decentralized offering (IDO). Uther Coin will be the primary token used for transactions throughout the next generation Utherverse Software Platform. Utherverse powers one of the most popular and advanced metaverses ever built. As such, Uther Coin will be needed by everyone accessing the preeminent metaverse. &ldquo;Tokensoft has proven itself a credible resource for IDOs that delivers on its promises and the recent launch of its Web3-enabled platform makes it one of the strongest performers out there,&rdquo; said Brian Shuster, founder and CEO of Utherverse. &ldquo;We are anticipating a tremendous response to Uther Coin from our international community. Utherverse is going to significantly change the metaverse landscape and our coin will likely be a top performer among IDOs as we approach the launch of the Utherverse.&rdquo; As part of the agreement, a pre-sale of Uther Coin will be made available to buyers outside the United States and Canada beginning December 1. Interested persons should go to https://www.utherverse.io/UTHX to get approved and listed for the sale. Founded in 2017, Tokensoft is a technology platform for creating and managing digital assets, based in Austin, Texas. The Tokensoft platform helps customers comply with applicable regulations internationally to access a global user base. To date, Tokensoft has helped create over $18 billion in market capitalization with projects such as Avalanche, The Graph and Moonbeam. Utherverse is a metaverse platform that enables developers to build interconnected virtual worlds, provides hyper-realistic immersive experiences for consumers and opportunities for companies to market and monetize their products and services. Utherverse generates revenue from custom metaverse building services, sales of NFTs and a variety of business verticals including advertising/marketing, shopping/retail, conferences/conventions, education, dating, lifestyle, entertainment events/performances, VIP experiences and virtual offices. About Utherverse The Utherverse platform was launched in 2005 by internet visionary Brian Shuster. A beta version of the next generation Utherverse platform is expected to launch in early 2023. The platform has served 50 million+ users with 32 billion+ virtual commerce transactions. Utherverse has developed the technology and received more than 40 patents critical toward operating large-scale metaverses. The company is based in British Columbia, Canada. More information can be found online at Utherverse.io For more information please visit/follow us on: Twitter Instagram Facebook LinkedIn Telegram Discord: Utherverse.ioContactSteve HonigThe Honig Company, [email protected]
5 days agocointelegraph
Price analysis 11/30: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable?
6 days agocryptodaily
50 days left until Digital Assets Summit in Switzerland
Zurich, Switzerland, 30th November, 2022, ChainwireOne of Europe&rsquo;s most exciting blockchain conferences &mdash; the World Crypto Conference 2023 &mdash; will be held from Jan. 13 to 15 in Switzerland, the global center of traditional finance and one of the world&rsquo;s most crypto-friendly countries. Fittingly, the WCC2023 takes place just before the annual World Economic Forum in Davos. Delegates to both events will be debating the economic and social impact of technology, and especially the transition to Web3. The specific goal of the WCC2023 is to bridge the gap between the traditional world of finance and business (TradFi) and the crypto world. It also aims to facilitate mass adoption of crypto assets and the creation of sustainable, fast and secure financial systems. It will encourage collaboration and networking between TradFi and DeFi companies, and connect traditional IT companies with Web3. The event timing could not be better, coinciding with the move of several TradFi institutions toward blockchain solutions. Who would have expected the conservative Deutsche Bank or the Nasdaq to be building capabilities for digital assets? &ldquo;The move is driven by clients demanding institutional-grade solutions in the crypto space,&rdquo; said Robin Vince, CEO of BNY Mellon, America&rsquo;s oldest bank, with $43 trillion in assets under management. A survey in early 2022 showed that 91% of large institutional asset managers, asset owners and hedge funds were interested in investing in tokenized assets. Rubbing shoulders with the experts Crypto&rsquo;s top players and pioneers, blockchain evangelists and business leaders will meet in Zurich to discuss the future of digital assets, DeFi, CeFi, TradFi, GameFi, NFTs, the Metaverse, Web3, DAOs, cross-border payments, tokenization and fractional ownership, regulation and more. Key opinion leaders, including Carl Runefelt (The Moon Group), Ben Armstrong (Bitboy Crypto) and other influencers will host live fan meetups, sharing how to build financial freedom and authentic social media channels and communities. Some of the biggest traditional banks and their digital asset departments have accepted the invitation to get to know the people in the crypto space, get in touch with blockchain builders, developers and general enthusiasts while increasing their trust in the possibilities of Web3. Industry leaders such as Huobi, Sandbox, BitMEX, Sygnum, Animoca Brands, Coinbase, IBM and others will be there. Many more will join in the coming weeks. Delegate experience is top of mind There are exciting features to ensure active participation from delegates. Even buying a ticket will be an experience &mdash; and comes with an NFT. This way, people will gain first-hand experience with this blockchain technology, and how it can be adapted to other economic sectors. There are also limited tickets for students at special rates. The WCC2023 is the first conference to be held on the Metaverse, and will be live-streamed for those who cannot attend in person and for those who want to experience it all over again. Delegates will get crypto trading tips by watching top influencers trading live on CEX exchanges, and they can participate in a trading competition. Delegates can also attend crash courses and learn about the newest trends in Web3, NFTs and the Metaverse on Day One. On Day Three, 10 top crypto projects will present their pitches to compete for an investment prize established by VCs. There will also be networking opportunities aplenty, with dinners, parties, breakfasts, workshops and special events for those with VIP or Whale passes. What&rsquo;s on the agenda? Conference success depends on the quality of the speakers, the range and relevance of the topics, and the opportunity for delegates to meet and debate the issues. WCC2023 will certainly meet these criteria. Just three names in the current list of 50 speakers: Mehdi Farooq &mdash; senior tokenomics analyst at Animoca Brands Michela Silvestri &mdash; institutional business development at Huobi Global Peter Hofmann &mdash; regional manager at Coinbase There will also be experts from Sygnum, the world&rsquo;s first digital asset bank, GSR, a global leader in crypto trading and market making, Ledger, the digital wallet company, and Animoca Brands, a Hong Kong-based game software company. Alexandre Auriol from Sandbox and Julien Bouteloup of Curve Finance will provide perspectives of companies at the cutting edge of blockchain and DeFi. TradFi will be well represented at the event, with Luc Froehlich from Fidelity International, a London-based investment management company founded in 1969 and with $813 billion in AUM; Alexander Bechtel from DWS, a German asset management company established in 1956 and with 928 billion euros in AUM; and Niccol&ograve; Bardoscia, vice president at Intesa SanPaolo, Italy&rsquo;s largest bank by total assets and the world&rsquo;s 27th-largest. The World Crypto Conference 2023 promises to be well-timed, well-placed and well-attended. For more information and to secure tickets, visit the event site, Telegram, or Twitter.ContactFounderGabriele PauliukaiteWorld Crypto [email protected]+4593846272
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About Cardano

The live price of Cardano (ADA) today is 0.317121 USD, and with the current circulating supply of Cardano at 34,459,303,074.82 ADA, its market capitalization stands at 10,927,770,341 USD. In the last 24 hours ADA price has moved -0.002574 USD or -0.01% while 92,826,460 USD worth of ADA has been traded on various exchanges. The current valuation of ADA puts it at #9 in cryptocurrency rankings based on market capitalization.

Learn more about the Cardano blockchain network and how it works or follow the price of its native cryptocurrency ADA and the broader market with our unique COIN360 cryptocurrency heatmap.

Launched in 2107 by Charles Hoskinson, one of Ethereum’s co-founders, ADA is the native coin of Cardano, a decentralized proof-of-stake (PoS) blockchain platform. The token is named after Ada Lovelace, a 19th-century mathematician and computer programmer. Cardano’s development is collectively supervised and overseen by Emurgo, IOG (Input Output Global) and the Swiss-based Cardano Foundation.

Cardano dubs itself as the third-generation blockchain which aims to solve the scalability and inefficiency issues of its proof-of-work predecessors, namely – BTC and ETH – in an eco-friendly way. It facilitates easy creation, deployment and running of smart contracts and DApps, thereby directly rivaling Ethereum. Cardano network is positioned towards "changemakers, innovators and visionaries" in the Web3.0 space.

However, the project is not without its detractors and is often criticized for its slow pace of development and an overly academic approach.

While the ADA cryptocurrency can be actively used for secure exchange of value without any third-party mediation, each ADA holder receives a stake in the Cardano network too and can participate in its governance. Holders can also delegate or pledge their ADA coins to a staking pool and earn rewards. The coin is also actively used to pay transaction fees on the Cardano network.

ADA price

ADA price remained in the vicinity of $0.02 post its launch in September 2017. This was the time when the crypto market was gearing up for a major bull run. The timing proved just right for ADA coin, and it rallied on to hit an all-time high of around $1.3 on Jan. 4, 2018. 

However, a gradual downtrend followed soon after, which spiraled into a market-wide bearish phase by mid-2018. This bearish trend continued for almost two years, with ADA price staying under $0.10 for the most part and even trading below $0.02 during the March 2020 market crash. 

According to our ADA live chart, the coin started to show some signs of revival only around July 2020 and breached the $0.15 resistance after a long time on July 26. This price resurgence occurred shortly after Cardano blockchain’s second development phase ‘Shelley’ went live in June 2020.

Thereafter, the ADA price chart mostly moved sideways up until late 2020, gathering momentum around January 2021. Buoyed up by a crypto market boom, ADA coin closed in on $2.5 for the first time on May. 16, 2021. The excitement was short-lived, however, and it began testing the newly-formed $1 support level in the months that followed.

Cardano’s third development stage ‘Goguen’ was announced in August 2021, and was scheduled to launch through the Alonzo hard-fork in September 2021. This stage was meant to introduce smart contracts functionality on the Cardano blockchain. The news caused a significant surge in ADA price once again, catapulting it to an ATH of $3.1 on Sept. 2, 2021. ADA’s fully diluted valuation stood at well over $135 billion that day. After that the coin lost a fair bit of ground and continued to trade around $1 during Q1, 2022.

How ADA works

ADA’s blockchain features two different layers, each responsible for different tasks, so as to improve its overall efficiency. These are:

Cardano Settlement Layer (CSL) - which facilitates the settlement of ADA transactions, and the Cardano Computational Layer (CCL) - used for the execution of smart contracts.

Cardano employs an "environmentally sustainable, verifiably secure" proof-of-stake consensus protocol called Ourobros. Ouroboros has a time-period system referred to as ‘epochs’ for verifying transactions and creation of new blocks. Each epoch lasts 5 days and comprises 21,600 units of 20-second time frames called ‘slots’. A different stake pool is randomly picked up as the ‘slot leader’ for each slot, and is tasked with the block creation activity for that timeframe.

Given their differences, PoS blockchains consume negligible energy as compared to their PoW counterparts. In February 2021, Charles Hoskinson estimated that Cardano blockchain uses 6GWh of power per year, which is less than 0.01% of Bitcoin network’s 110.53 TWh consumption.

ADA news, updates and highlights

The Cardano team follows a clearly laid out roadmap for the protocol’s continuous development, which is collectively overseen by three different entities – IOG (Input Output Global), Cardano Foundation and Emurgo.

In September 2021, Cardano launched a significant upgrade via the Alonzo hard fork and introduced smart contracts as part of its third, "Goguen" stage. 

Thereafter, in February 2022, Cardano achieved a noteworthy adoption milestone as the number of ADA wallets crossed the 3 million mark. This was a major improvement from around 190,000 wallets recorded in December 2020. 

In other ADA news, the blockchain platform announced in March 2022 that its much-anticipated Vasil hard fork will be implemented in June 2022. This Cardano update is expected to help the network further enhance its transaction throughput by increasing the block size.

Frequently asked questions about ADA

  • Can you mine or stake ADA?

While it's not possible to mine ADA, you can stake it to earn handsome rewards. This can be done by either delegating or pledging your ADA to a stake pool.

  • What are some of the best ADA wallets?

Cardano recommends its native Daedalus or Yoroi desktop wallets for ADA storage. Some other popular ADA wallets include Ledger Nano X, Trezor Model T and the Exodus Wallet. 

  • What can you do with ADA?

You can use ADA to pay for transactions on the Cardano network and/or trade it with other cryptocurrencies on exchange platforms. Alternatively, you may also stake your ADA coins to earn staking rewards.

  • How to buy ADA?

You can buy ADA on almost any well-known cryptocurrency exchange, using crypto or fiat currencies. 

Cardano Price0.317121 USD
Market Rank#9
Market Cap10,927,770,341 USD
24h Volume74,747,635 USD
Circulating Supply34,459,303,074.82 ADA
Max Supply45,000,000,000 ADA
Yesterday's Market Cap11,005,566,000 USD
Yesterday's Open / Close0.321982 USD / 0.319408 USD
Yesterday's High / Low0.328588 USD / 0.31756 USD
Yesterday's Change
-0.01% ( 0.002574 USD )
Yesterday's Volume92,826,460 USD
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