IOHK CEO Charles Hoskinson Announces Upcoming Release of Cardano v1.6

Charles Hoskinson, a former CEO of the Ethereum Network and current CEO of IOHK, has announced that IOHK-supported project Cardano is rolling out version 1.6 within a few days’ time. Hoskinson teased the upcoming launch in a Twitter post on Aug. 13. Hoskinson also asked users to send screenshots and comments on the latest version of Daedalus, which is an open source cryptocurrency wallet also backed by IOHK. As per IOHK’s website, Cardano is a blockchain platform that uses the proof of stake algorithm Ouroboros. Its native cryptocurrency, ADA, is…

Cardano (ADA) Sellers of 2018 Flow Back, Prices Sink 32.7%

Cardano (ADA) sheds 32.7 percent week-to-date Emurgo releases Yoroi update There’s a new Yoroi wallet update introducing further improvements like the hide balance option. However, that is not enough to support ADA as prices are down 32.7 percent. Cardano Price Analysis Fundamentals Research and peer-reviewing of code underpin Cardano. Promising to dislodge Ethereum as the king of smart contracting, the Cardano development team is after perfecting their system. Delaying in phase transition, their leaning on quality and satisfactory experimentation is top priority. Presently, Shelly test net is live. While developers…

Cardano Plans To Boost Liquidity As ADA Bears Strike

Cardano (ADA) down 17.7 percent week-to-date.  AlgoZ and Cardano partner for liquidity Charles Hoskinson’s Cardano is distinct because of their insistence on quality and research. Therefore, despite recent sell-off, their deal with AlgoZ could attract institutional backing. Meanwhile, ADA is down 17.7 percent week-to-date. Cardano Price Analysis Fundamentals That Cardano has potential as a top-tier digital asset and smart contracting platform is true. Boasting high trading volumes and managing to compete with the likes of Ethereum and Tron in the liquidity leaderboard, ADA is proving that it deserves to be…

ADA Indecision, Down 4.8% As Confidence in Cardano Increase

Cardano (ADA) slides 4.8 percent Weiss Ratings endorsement is bullish For fronting quality and research, Weiss Ratings is confident of Cardano. On several occasions, the rating firm has expressed their optimism of ADA future and Cardano’s path towards becoming a leading dApp platform. Presently, ADA is down 4.8 percent. Cardano Price Analysis Fundamentals Behind Cardano and Charles Hoskinson is the desire to stay on top of things and promote quality. It is perhaps one of the few crypto projects that will audit dApps before rolling them out to the public.…

Cardano Founder Responds To Critics, ADA On The Chopping Board

Cardano (ADA) crumbling, down 18.7 percent Facebook gives nothing in return says, Charles Hoskinson Charles Hoskinson, the co-founder of Cardano, is often brazen. After forcing changes in the Cardano Foundation, he now says Facebook enslaves and gives nothing in return. Presently, ADA is down 18.7 percent week-to-date. Cardano Price Analysis Fundamentals Online commentators believe that Facebook is a primer, readying crypto assets to new highs. With a broad user base of over 1.7 billion spread across the globe, Facebook’s stablecoin in Libra will indeed shed light on what crypto and…

Singaporean Exchange Bitrue Gets Hacked, Losing $5 Million in XRP, Cardano

Singapore-based crypto exchange Bitrue has suffered a major hack, losing 9.3 million XRP and 2.5 million cardano (ADA) from its hot wallet. The news was revealed in an official statement from the exchange published as a twitter thread on June 26. At the time of the breach — 1 a.m. GMT+8 June 27 — the stolen funds would have been worth over $4.5 million in XRP (valued at $0.488) and $237,500 in ADA (valued at $0.095), according to CoinMarketCap data. The exchange states that a purportedly single hacker first “exploited…

Cardano (ADA) Leads Crypto Market With Staggering 24% Gain in 4 Days

Cardano (ADA) was trading around $0.095 by 10:00 UTC on the crypto exchange Binance on Wednesday, up 8.52 percent since the Asian market opened, marking the asset’s most towering one-day performance since May 15. The upward price action pushed ADA’s market capitalization to $2.412 billion, or 0.95 percent of the global cryptocurrency market valuation. At its prime, ADA’s net assessment was $29.948 billion, per the data provided by CoinMarketCap.com. Cardano (ADA) Records 24% Gains in Last 4 Days | Image Credits: TradingView.com The past 24 hours witnessed the ADA/USD instrument…

Cardano Success Depends on Shelly, ADA Shaky Below 9.5 Cents

ADA down 2.1 percent Shelly TestNet set for June Focus is on Shelly and what it brings to Cardano: Decentralization. Test Net said to be this month. According to commentators, its success could either mean success or failure for IOHK and Charles Hoskinson. At the time of writing, ADA is shaky, falling 2.1 percent from last week’s close. Cardano Price Analysis Fundamentals There is evidence that the crypto space is full of talented developers. Diluting their building efforts are schemers and pump and dump artists. Their artistry can be at…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Bitcoin SV, Stellar, Cardano: Price Analysis May 31

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Michael Novogratz, founder and CEO of cryptocurrency merchant bank Galaxy Digital, believes that the adoption of the blockchain technology by mainstream technology companies and interest by Wall Street firms helped start the rally. He now expects Bitcoin to remain range bound between $7,000 and…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 29

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The chief commercial officer of cryptocurrency payments processor BitPay believes that Bitcoin will only rise higher, led by business interest and real use cases for cryptocurrencies around the world. Contrary to this opinion, a report by the United States think tank, the Congressional Research Service,…