Cardano Witnesses Real Adoption Despite Harsh Conditions as ADA TVL Sees 148% Growth This Year Alone
June 28 (Cointime) - Cardano founder Charles Hoskinson has highlighted the growing adoption of the Cardano ecosystem despite unfavorable conditions in the crypto industry. He emphasized that Cardano is expanding in a completely decentralized manner, similar to Bitcoin's explosive growth.
Cardano Founder Charles Hoskinson Counters FUD with Facts, Highlights Real Adoption and Decentralization
June 28 (Cointime) - Cardano founder Charles Hoskinson is pushing back against critics spreading fear, uncertainty and doubt (FUD) about the blockchain. Responding to claims that Cardano DeFi has no total value locked (TVL) and institutions are not interested in the protocol, Hoskinson urged the community to look for positive signals and emphasized that Cardano is gaining real adoption and growing in a completely decentralized way.
Cardano Founder Claims ADA Ecosystem is Growing Despite Crypto Market Uncertainty
June 28 (Cointime) - The recent SEC attack on major crypto exchanges, Binance and Coinbase, caused a decline in top crypto prices, including Cardano (ADA). Despite this, Cardano's founder, Charles Hoskinson, believes that the ADA ecosystem is growing amidst market uncertainty.
Cardano Price Dangles on Edge of Cliff Amid SEC Crackdown and Robinhood Delisting
June 28 (Cointime) - The price of Cardano has been affected by the recent crackdown on the crypto market by the US Securities and Exchange Commission, with ADA being among the 64 cryptocurrencies alleged to be securities. This has caused instability in the market, with Cardano's price falling from highs above $0.45 to $0.22 on June 10.
Cardano's Resilience in Bear Market Outpaces Previous Cycle, Says CEO of ITC Crypto
June 27 (Cointime) - Benjamin Cowen, CEO and founder of ITC Crypto, has highlighted Cardano (ADA) for its performance during the current bear market. Cowen's analysis shows that Cardano's resilience in the current bear market is outpacing its performance during the 2018-2020 bearish phase.
Robinhood to Delist Cardano (ADA) and Solana (SOL) as SEC Lawsuits Name Tokens as Securities
June 27 (Cointime) - Cardano (ADA) and Solana (SOL) experienced a greater decline than the overall cryptocurrency market on Tuesday, ahead of their delisting from trading app Robinhood at 6:59 p.m. ET. Robinhood had previously announced that it would stop supporting ADA, SOL and MATIC on June 27, following the Securities and Exchange Commission's (SEC) lawsuits against Binance and Coinbase.
Cardano Community Concerned About Potential Massive Sell-Off of ADA by Robinhood and Celsius
June 27 (Cointime) - The Cardano community is currently discussing the potential for a large sell-off of ADA by major platforms such as Robinhood and Celsius, which has raised concerns about a significant dump.
SEC Lawsuits Against Binance and Coinbase Cause $5 Billion Loss for Solana, Polygon, Cardano, and Other Tokens
June 27 (Cointime) - According to a Decrypt analysis of CoinGecko data, Solana, Polygon, Cardano, and other tokens involved in the SEC court battles have lost $5 billion, or 15%, of their collective market capitalizations. The SEC filed lawsuits against Binance and Coinbase on June 5 and 6, accusing them of selling unregistered securities. The lawsuits named several cryptocurrencies, including Solana, Cardano, and Polygon, which have suffered losses since the lawsuits were filed. Despite the drops in token prices, the crypto market has been on a bullish rally over the past week, with Bitcoin reaching over $31,000 for the first time in months.
Huobi Removes Cardano Trading Pair Amid SEC Investigation
June 26 (Cointime) - Huobi, a major cryptocurrency exchange, has removed the Cardano (ADA) trading pair from its platform, citing a commitment to enhancing the trading experience for users.
Cardano Founder Denies Working with Ripple as an Intern, Says People Confuse Him with Ethereum's Co-Founder Vitalik Buterin
June 24 (Cointime) - Charles Hoskinson, the founder of Cardano, has denied rumors that he worked as an intern for Ripple. He took to Twitter to clarify that he never worked for Ripple in any capacity and that people are confusing him with Ethereum co-founder Vitalik Buterin, who applied for an internship at Ripple in 2013 but was unable to work there due to visa issues. Hoskinson's tweet sparked reactions from the crypto community, with some making fun of the situation while others urged him to focus on building Cardano. Former Ripple executive Matt Hamilton confirmed that Buterin had applied for an internship at Ripple.
