A widely followed crypto analyst is staying bullish on Bitcoin (BTC) while updating his outlook on layer-1 blockchain Aptos (APT) and one memecoin that has printed massive gains during the last 10 months.
Crypto prices for some coins rose sharply as the cryptocurrency market experienced notable gains on Friday, October 11. Bitcoin reclaimed $62k and most top altcoins traded higher, with notable surges for Ethena and Celestia.
Argentina has officially taken a significant step toward integrating blockchain technology into its legal and economic framework and could be on the verge of officially adopting Cardano's ADA cryptocurrency as a recognized payment method for loans.
Cardano, the eleventh largest cryptocurrency by market capitalization, has seen an almost 5% price increase in the last 24 hours as Bitcoin regained some ground and traded above $61,000 on Friday.
TL;DR Charles Hoskinson addresses negative sentiments: Cardano's co-founder reassures the community that the project is not dying and highlights the transformative potential of the upcoming Voltaire update.
Charles Hoskinson, co-creator of Cardano (ADA), addressed the recent shift in sentiment surrounding Cardano in a post on X on October 10. According to Hoskinson, the negative discourse is not indicative of failure but rather a consequence of the implementation of the Voltaire governance phase.
The Cardano network has achieved a major feat by hosting its first legally enforceable smart contract signed in Argentina and under the jurisdiction of its courts.
Cardano's Co-founder, Charles Hoskinson, has taken it upon himself to address the upsurge in negative sentiments surrounding the Cardano ecosystem. Hoskinson highlighted a continuing trend of conversations amongst X users leaning towards a bearish position but insisted that it does not encapsulate the actual state of the Cardano network.
Cardano's founder Charles Hoskinson is calling out the cryptocurrency community. In a blunt statement on Twitter, he accused critics of targeting Cardano unfairly while backing shady projects.
Despite a recent drop, the market outlook for APT remains optimistic.
ADA's price remained steady despite Cardano's historic and legally enforceable loan contract.
On October 10, Ethena unveiled the assets selected by its risk committee to allocate its Real World Assets (RWA) reserve fund.
Argentina is making strides in embracing Bitcoin (BTC) and cryptocurrency.
Cardano founder Charles Hoskinson took X to defend the project from its detractors, arguing that the network has continued to grow and thrive despite the criticism. As ADA's price falls 2.9%, some analysts warn of the next key level to watch out for.
Popular crypto chartist Ali Martinez has suggested that Cardano (ADA) investors are currently navigating the “depression” phase of the market cycle. Despite the prevailing pessimism, he hints at the potential for a rally, recommending that investors consider accumulating ADA during this downturn.
Aptos (APT) is making waves in the cryptocurrency market, showcasing significant bullish momentum that has caught the attention of both day traders and long-term investors. Recent price movements indicate that APT is on a strong upward trajectory, but the critical question remains: can it sustain this climb, or is a market correction on the horizon?
Input Output CEO Charles Hoskinson addressed the recent negative sentiment about Cardano's future, attributing the criticism to the impact of its new governance framework, Voltaire.
Cardano's (ADA) longstanding price woes have dampened crypto traders' enthusiasm about the smart contract platform's future, but one analyst thinks that lack of enthusiasm indicates a potential opportunity. Ali Martinez tells his 73,700 followers on the social media platform X that he thinks it's actually a good time to buy more ADA.
APTOS Unlock date - Oct 11th 2024 Number of tokens unlocked- 11.31 million APT (2.25% of its circulating supply) Current Circulating Supply - 503.5 million APT billion OP Previous token unlock - Sep 11th, 2024 Aptos is an independent Layer 1 blockchain platform focused on safety and scalability driving growth within a decentralized network and developer ecosystem.. Token distribution Community - 3.21M tokens (0.63%) Core contributors - 3.96M tokens (2.08%) Foundation - 1.
Aptos (APT) has emerged as a noteworthy player in the cryptocurrency landscape, having recently surged an impressive 112% over the past two months. As the altcoin market begins to recover from recent lows, Aptos is currently positioned at a pivotal moment.
Cardano (ADA) co-creator Charles Hoskinson is dispelling rumors that the Ethereum (ETH) competitor is a dying blockchain.
Decentralized finance protocol Ethena will allocate $46 million of its Reserve Fund in various tokenized real-world assets. Ethena (ENA) announced the decision on Oct.
To become a crypto giant, tokens must first prove themselves by outperforming established players. Experts have identified certain tokens, like Aptos (APT) and Fantom (FTM), with the potential to challenge crypto giants in 2024. Notably absent from this list is Cardano, despite its strong market performance in Q1 and Q2.
Market intelligence firm DappRadar says that layer-1 crypto projects Sui (SUI) and Aptos (APT) emerged as the standout performers in the decentralized finance (DeFi) space in Q3 of 2024.
Year-to-date, Cardano's (ADA) price has decreased by 46%. As a result, ADA holders are losing faith in the token's long-term potential as it pushes closer to the critical $0.30 mark.
Charles Hoskinson, the founder of the Cardano blockchain, has recently addressed the growing criticisms surrounding Cardano. In a detailed explanation, Hoskinson discussed the transition into the Voltaire era of the blockchain, which he believes is a significant phase meant to address long-standing issues and enhance governance.
Cardano has marked a significant legal milestone in Argentina with the signing of what is described as the first legally and judicially enforceable contract on the ADA blockchain network, fully compliant with Argentine law.
TL;DR Ethena has allocated $46 million of its Reserve Fund to real-world asset-backed (RWA) assets. Selected assets include BUIDL, USDS, USDM and USTB, seeking diversification and yield. This move aligns with the trend of DeFi platforms investing in real-asset-backed products to generate yield.
Ethena's $46 million allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails.
The founder of IOG, the company that built the Cardano blockchain, Charles Hoskinson has taken to his X (widely known as Twitter) account in the past to discuss why the sentiment around the network he built has become more negative recently.
Cardano has achieved a significant milestone by hosting its first legally enforceable smart contract in Argentina.
The Cardano price has dipped by 1% in the past 24 hours, dropping to $0.339 as the crypto market as a whole loses 2.5% today.
Cardano (ADA) continues to make waves in the crypto market with significant developments that have strengthened its network, positioning it as one of the most robust blockchain projects. According to crypto analyst Dan Gambardello, Cardano has grown 10 times stronger than it was during previous market cycles.
The cryptocurrency sector has taken a turn for the worse yet again, and this time, it appears to be Cardano (ADA) that is ready for a big fall. Currently trading at $0.35, a popular top trader has given some serious concern to the investors: Now is the time to get out of Cardano. After $0.
After a considerable surge for relatively new layer 1 networks $SUI and $APT, both have been cooling off over the last two or three days. With both coming down to support, could the next bounce be about to take place?
Cardano Ambassador Mauro Andreoli announced on October 8, via social media platform X, that he and Lucas Macchia had signed the first legally and judicially enforceable contract on the Cardano network. This agreement, compliant with the laws of the Argentine Republic, represents a major step forward for the adoption of blockchain technology in legal transactions.
A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) while offering his outlook on three altcoins.
Cardano price trends in a crucial zone as the crypto markets struggle to rise against Bitcoin's sell-off. In the meantime, ETH seized in the PlusToken scam has been transferred to centralized exchanges and is likely to be sold.
The Cardano blockchain has just hosted the launch of the first legally recognized smart contract by the courts in Argentina.
Uniswap's native token has defied the broader market sentiment, with a 6.5% daily increase.
Cardano is host to the first smart contract where Argentina's courts have jurisdiction after the country legalized crypto as a payment method in commercial contracts last December.
Cardano (ADA) is now at a crucial price level after weeks of intense volatility and uncertainty. Following a dramatic series of price swings—first a 27% surge, then a 20% retrace, then a 10% rise, and now a 7% dip to $0.34—Cardano finds itself at one of its most critical support levels.
Cardano (ADA) continued to trade under pressure on Wednesday. The recently ranked top-10 cryptocurrency ranked 11th by market capitalization after being overtaken by Toncoin (TON).
Cardano (ADA) price forecasts are downbeat at the moment, as the ADA price slides towards fresh monthly lows at $0.33.
Aptos shows strong growth in TVL, staking, and user adoption, signaling bullish potential.
Aptos (APT) could see further price increases with just two days remaining before a major cliff token unlock. Over the past week, APT's price has climbed 20%, nearing the $10 mark.
Aptos (APT) has recently made headlines by recording a remarkable 14% price increase over the past week. This surge caught the attention of traders and investors alike, especially as the digital currency market continues to fluctuate.