Cardano's ADA token dropped below $0.20 for the first time in over five years, falling nearly 10% after founder Charles Hoskinson announced he is "taking a break". Hoskinson warned of a "wave of failures" in the Cardano ecosystem following setbacks like the shutdown of analytics platform TapTools and the cancellation of the 2026 Cardano Summit due to community votes against funding. ADA has lost nearly 70% of its value over the past year amid deteriorating market conditions and limited community support for treasury spending to boost ecosystem projects. Hoskinson's break and ecosystem challenges highlight ongoing struggles for Cardano's growth and stability.
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...
More than half of all bitcoin in circulation is now held at an unrealized loss, with 10.5 million BTC underwater compared to 9.8 million BTC in profit. This crossover, which has historically marked major bear market bottoms, coincides with bitcoin te...
XRP and Cardano (ADA) are struggling after breaking key support levels, showing bearish trends and seller dominance. XRP trades below major moving averages and risks deeper declines unless it recovers former support. ADA also broke important support ...
