Cardano Founder Charles Hoskinson Says Fears of Crypto Market Collapse Overblown, Sets Timeframe for Recovery

Cardano (ADA) founder Charles Hoskinson says large corrections are routine parts of the crypto industry and that the hysteria surrounding the latest market crash is inflated. In a new video update, Hoskinson says that seasoned investors seem unfazed by the most recent sharp market downturn as they have witnessed similar-sized corrections in the past, while The post Cardano Founder Charles Hoskinson Says Fears of Crypto Market Collapse Overblown, Sets Timeframe for Recovery appeared first on The Daily Hodl.

Timeline of Cardano

Post the ongoing bloodbath, the global market cap crashed all the way down to the $1.25T-mark at press time. As a result, Cardano, Dogecoin, and Shiba Inu found newer multi-month lows while their 4-hour technicals flashed oversold readings.

The Cardano price analysis indicates a sharp decline in price levels as the price has now moved down to meet $0.418. The progress has been in the bearish direction, as the bearish momentum has been continuously intensifying.

Cardano founder Charles Hoskinson said that ADA's $723 million treasury is decentralized. The post Hoskinson says Cardano has decentralized treasury valued at $723M in ADA, pokes fun at Terra appeared first on CryptoSlate.

On Tuesday (May 10), In the wake of the fall from grace of Terra ecosystem's algorithmic stablecoin TerraUSD ($UST) in the past few days, FinTech startup COTI Group CEO Shahaf Bar-Geffen explained how his algorithmic stablecoin Djed (which is built on Cardano) is different and why its dollar peg has not been affected. What Is Djed? On Sunday (September

The decline in the usage of tangible money demonstrates a shift in society's thinking. As  we're no longer restricted to the things we can touch, there's an entire world out there that we've just begun to scratch.

Introduction Many crypto beginners are unaware that cryptocurrencies also offer the potential for passive income. As cryptocurrencies become more and more popular, they create new opportunities for creating money.

The growth and traction of Tangent, a new cryptocurrency project launching on the Cardano (ADA/USD) blockchain in 2022, is attracting a lot of attention from news outlets and other highly visible platforms. Tangent's website is now live, and the team also released its highly-anticipated whitepaper. The presale of the TANG token starts in 24 days. The post Tangent launches on Cardano, highly anticipated website now live appeared first on Invezz.

Cardano Foundation has been an active member of the Cardano community participating in making the blockchain a thriving and leading DeFi ecosystem. As reported by AMBCrypto, Cardano finished its voting on the Project Catalyst Fund seven back in March, and the community is now beginning to vote on Fund eight.

LUNA has fallen around 84% within 72 hours following the ruckus around the stablecoin UST. UST de-pegged from the dollar and fell below $1, as low as $0.65 before recovering to $0.94 and dropping toward $0.7 once more.

Cardano price analysis shows a bearish trend ADA/USD is currently trading at $0.66 Cardno resistance is present at $0.7 Cardano price analysis is currently undergoing a slight correction after yesterday's price hike. The market had seen a massive bullish run that lasted for almost two weeks prior to the retracement.