Cardano's ADA price fell below $0.16 for the first time since December 2020 after founder Charles Hoskinson announced he is taking a break due to an expected wave of project failures and funding issues within the ecosystem. This announcement sparked a surge in social media discussions and on-chain activity, with daily active addresses hitting a four-month high. Despite the crisis, Cardano retains a loyal community, but the project faces a critical period ahead as ADA is down 94% from its peak.
Charles Hoskinson, founder of Cardano, announced he is reducing his public appearances and social media activity due to hostile interactions online. He clarified that increasing ADA's price was never his responsibility and criticized the focus on tok...
Cardano's ADA has been under sustained selling pressure since losing a key support level in mid-May, with short positions making up about 75% of derivatives exposure. Despite increased trading activity, much of it reflects bearish bets rather than re...
XRP's price dropped to $1.14, with Ripple's former CTO David Schwartz stating crypto prices often defy logic amid retail investor frustration. Cardano's ADA hit a 5-year low at $0.1917 as founder Charles Hoskinson announced a break following internal...
Cardano founder Charles Hoskinson announced he is taking a break after warning of a coming wave of project failures in the Cardano ecosystem, causing ADA to drop 12%. He expressed frustration over the community's reluctance to use treasury funds to s...
Bitcoin briefly dropped to $61,300 before recovering to around $62,500, triggering $3 billion in liquidations over two days. Derivatives markets show strong bearish sentiment, with increased put option activity at the $60,000 strike and rising implie...
