The nonprofit foundation supporting the Cardano ecosystem, the Cardano Foundation, has revealed in a recent report that as of Dec.31, 2023, it held $478.24 million in assets, with 82.5% of those being held in ADA, 10.1% in BTC, and the rest in cash and cash equivalents. According to the report, the foundation allocated $19.
Cardano (ADA) price has surged 52% in the last seven days, but has seen a pullback of over 5% in the past 24 hours. Despite the recent rally, there are signs that the current uptrend might be losing momentum.
Given that its price recently hit the $0.00003 mark, Shiba Inu has been showing encouraging growth potential. As the market expects more gains, this increase demonstrates the SHIB community's renewed interest and momentum.
Robinhood expanded its crypto offerings for US investors, adding Solana (SOL), Cardano (ADA), XRP, and Pepe (PEPE) to its lineup. This brings Robinhood's total crypto offerings to 19 assets.
The crypto-friendly trading app Robinhood has considerably expanded its altcoin offering for its United States customers just a week after Donald Trump's reelection as the next U.S. president, which is expected to usher in a more favorable regulatory environment for crypto.
Widely followed analyst Benjamin Cowen is issuing a warning on Cardano (ADA) as the Ethereum (ETH) rival rallies. In a new video, Cowen tells his 822,000 YouTube subscribers that ADA could suddenly turn bearish against Bitcoin (ADA/BTC) on the weekly timeframe, similar to what happened in December 2020.
Retail trading giant Robinhood is announcing the addition of new crypto assets to its burgeoning suite of products. In a new press release, Robinhood says its adding smart contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE), and XRP.
Renowned for its emphasis on sustainability and scalability, the blockchain platform Cardano has seen a notable increase recently. ADA, its native token, is surging nearly 80% in the last week, to the delight of investors.
Robinhood, the prominent crypto trading platform has relisted Solana (SOL), Cardano (ADA), and Ripple (XRP) on its platform. It also added PEPE to its offerings. Coins Rally Post Listing News This move follows significant customer dissatisfaction after the removal of SOL when the SEC classified it as a security.
Charles Hoskinson and Brad Garlinghouse let bygones be bygones, stirring speculation of a Cardano-Ripple tie-in.
Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.
Cardano's native token ADA has performed exceptionally well in the past few days despite struggling as one of 2024's worst-performing cryptocurrencies.
On Wednesday, the Cardano Foundation- a not-for-profit entity responsible for developing and maintaining the Cardano network- released its first-ever Financial Insights Report. It detailed how it spent funds in 2023, totaling $19.22 million across operations, education, and adoption.
Recently, Robinhood announced that it will list PEPE, Solana (SOL), Cardano (ADA), and XRP, a strategic move that could have a significant impact on the market and the spread of cryptocurrencies.
The Cardano Foundation has released its first Financial Insights Report, disclosing that its assets totaled $478.24 million as of Dec. 31, 2023, according to a Nov. 13 statement shared with CryptoSlate. Of the reported assets, the Foundation holds 82.7% in ADA, 10.1% in Bitcoin, and the remainder in USD liquidity.
Robinhood pared back its crypto listings amid an industry-wide crackdown last year, but it's brought a couple back—along with newcomers.
TL;DR The Cardano Foundation presented its first financial report, detailing the allocation of resources and achievements in key areas for 2023. The organization allocated $19.22 million to operational resilience, education, and adoption, in addition to $4.55 million for central operating expenses.
For the first time in history, the Cardano Foundation has published a Financial Insights Report, showing it holds $478.24 million in assets, mainly in ADA, with a bit of Bitcoin sprinkled in. CEO Frederik Gregaard, who's driving this “open-book” approach, says the report goes hand-in-hand with Cardano's 2023 Activity Report.
The Cardano community is buzzing with expectation as the much-awaited Chang 2 hardfork brings two significant updates this week.
Robinhood has reinstated Solana (SOL), Cardano (ADA), and Ripple (XRP) on its platform, while also adding PEPE to its listings. This follows the earlier removal of SOL, prompted by the SEC's classification of the token as a security.
Robinhood adds SOL, PEPE, ADA, XRP, Coinbase adds PEPE
Robinhood's relisting of major altcoins may boost user engagement and diversify investment portfolios, enhancing crypto market accessibility. The post Robinhood US relists SOL, ADA, and XRP, introduces PEPE appeared first on Crypto Briefing.
The Cardano Foundation, a not-for-profit organization supporting the Cardano network, disclosed its Bitcoin holdings in its 2023 Financial Insights Report. The foundation's Bitcoin reveal highlights the increasing adoption of the world's leading digital assets among prominent blockchain networks.
Robinhood has relisted Solana (SOL), Cardano (ADA), and Ripple (XRP) on its US platform and added PEPE to its offerings. This move follows significant customer dissatisfaction after the removal of SOL earlier this year when the SEC classified it as a security.
Popular commission-free trading app Robinhood has significantly expanded its altcoin offering for American customers.
Popular commission-free trading app Robinhood has significantly expanded its altcoin offering for American customers.
Our column dedicated to the analysis of the crypto world returns, the assets we will analyze today are Polkadot (DOT), The AI Prophecy (ACT), and Cardano (ADA). Prices and market statistics of the crypto DOT, ACT, and ADA Polkadot (DOT) is one of the most relevant cryptocurrencies in the sector, currently ranked 17th in popularity.
In the latest development, the Cardano Foundation has launched its first Financial Insights Report 2023 today. The report is an important milestone in its ongoing commitment to uphold the principles of openness, integrity, and community engagement.
Binance just announced a new zero-fee spot trading promotion for XRP, Dogecoin (DOGE) and Cardano (ADA) trading pairs with the Japanese yen (JPY). This is great news for users in Japan's cryptocurrency market.
Despite its ups and downs, Cardano (ADA) has remained constant within the crypto market thanks to its technical indicators giving valuable hints of a potential price surge close to $2.76 in the future. Currently, the ADA token is priced at $0.
"I'm excited to see how the future unfolds," Hoskinson stated.
Cardano price suffered has suffered a harsh reversal, falling for two consecutive days, and moving into a technical bear market. After soaring to $0.6897 on Monday, ADA has dropped by 23% and is trading at its lowest level since November 10.
Of the funds, 82.5% were held in ADA tokens, 10.1% in Bitcoin, and the rest were in US dollars.
Cardano Foundation, a not-for-profit organization that develops and supports the Cardano network, launched its first Financial Insights Report on Wednesday detailing spending across operations, education and adoption for 2023.
Cardano (ADA) is in the spotlight as it hits the five-month high, following an increase of more than 75% over the last two weeks. Ripple (XRP) has also staged a good recovery, trading again at $0.60, and has created interest among investors again.
Amid shifting market dynamics, major Toncoin and Cardano investors are pivoting to Rollblock, seeing it as a promising opportunity for enhanced returns. The appeal of Rollblock lies in its unique position within the decentralized finance (DeFi) sector, which offers diverse revenue streams and incentives like staking and yield farming.
Cardano co-founder Charles Hoskinson recently revealed that he had had a conversation with Ripple CEO Brad Garlinghouse.
Cardano founder Charles Hoskinson recently sparked excitement in the crypto community by praising Ripple CEO Brad Garlinghouse, calling him a “great CEO” and describing their conversation as “highly collaborative.” This positive exchange has led to speculation about a potential partnership between Cardano and Ripple, as both companies are facing similar regulatory challenges.
Cardano founder Charles Hoskinson has hinted at a potential collaboration with Ripple, sparking excitement across the crypto community. In a recent post on X (formerly Twitter), Hoskinson praised Ripple CEO Brad Garlinghouse, calling him a “great CEO” and describing their interaction as “extremely collaborative.
Recently, the Cardano price surged past a pivotal threshold, reigniting discussions about its potential. However, amidst this resurgence, analysts have turned their gaze toward an upcoming contender: RCO Finance (RCOF).
Cardano recently reached $0.657, marking its highest price since March 30 and a 138% increase from its year-to-date low. However, the cryptocurrency has since corrected, as ‘BitBoy' Ben Armstrong recently predicted.
Cardano (ADA), the ninth largest cryptocurrency by market capitalization, has seen a surge in Large Holder Netflows, an indicator that estimates changes in the positions of whales, this week.
The crypto market is experiencing a robust surge, with selected tokens showing potential for quick, substantial gains. Bitcoin's recent rise above $88K has sparked bullish sentiment, spurring further price increases in altcoins.
TL;DR Cardano (ADA) has seen a 72.97% increase over the past 7 days, reaching a price of $0.5801. Although ADA has seen a slight drop of 2.36% in the last 24 hours, it remains in the top 10 of the cryptocurrency rankings.
ADA rallied by 114% before facing a strong resistance at the $0.70 level in the short term.
Cardano (ADA) continues to ride on the bullish momentum rocking the crypto market thanks to a weekly surge of 80.4%, according to CoinGecko data.
After recording a bullish price action for 7 consecutive days, the Cardano price has been on the verge of breaking its streak by recording a negative price sentiment in the past day.