Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Cardano founder Charles Hoskinson steps back from public view, says ADA price growth was never his duty.

Market News
04 Jun 2026
Tokenpost
View Source
Bearish
pluang ai news

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 token speculation over innovation. Hoskinson also expressed frustration with the Cardano Foundation's governance and called for reforms and new leadership. Despite challenges, he remains optimistic about Cardano's future, emphasizing the community's role in its success rather than market price.

More News (ADA)

Short positions dominate 75% of Cardano's derivatives as confidence in ADA's growth wanes.

Short positions dominate 75% of Cardano's derivatives as confidence in ADA's growth wanes.

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...

Market News
Bearish
8 hours ago
XRP and Cardano prices slump amid leadership shifts and crypto market liquidity drains to AI and SpaceX futures.

XRP and Cardano prices slump amid leadership shifts and crypto market liquidity drains to AI and SpaceX futures.

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...

Market News
Bearish
17 hours ago
Cardano's ADA crashes 12% as founder warns of ecosystem failures and takes a break.

Cardano's ADA crashes 12% as founder warns of ecosystem failures and takes a break.

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...

Market News
Bearish
17 hours ago
Bitcoin dips below $62,000 amid $3B liquidations and bearish derivatives signals

Bitcoin dips below $62,000 amid $3B liquidations and bearish derivatives signals

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...

Market News
Bearish
19 hours ago
Bitcoin's unrealized losses surpass profits, signaling a historic bear market bottom near $61,300 support.

Bitcoin's unrealized losses surpass profits, signaling a historic bear market bottom near $61,300 support.

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...

Market News
Neutral
19 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App