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Charleshoskinson

ADA | Crypto, Congress & CardanoCharles Hoskinson & Trump Team Up to Tame the Wild West of Crypto The trading volume for Cardano reached $ 5,150,683,356 over the last 24 hours, marking a significant 390% increase from the previous day and reflecting a recent surge in market activity. Cardano's founder, Charles Hoskinson, has confirmed plans to work with the US government under Donald Trump's leadership to help shape cryptocurrency legislation. The primary objective is to establish clear regulatory frameworks for the cryptocurrency sector, which has long dealt with uncertainty and regulatory hurdles. In his latest comments, Hoskinson emphasized that developing favorable policies for cryptocurrency would require support from both Democratic and Republican parties. This announcement comes as Cardano and other major blockchain networks, like Bitcoin, continue to face legal challenges from US agencies Hoskinson underscored the significance of bipartisan cooperation, noting that the recent FIT21 bill passed in the House with support from over 60 Democrats, reflecting growing momentum for bipartisan crypto legislation. He also acknowledged the potential influence of a future Republican-controlled Senate, House, and presidency, suggesting that the current political landscape could provide the crypto industry with a long-sought path to legal clarity. Honestly this is the only miracle that could happen for ADA holders and the only factor that could move ADA cuz they missed so many opportunity includin ETFs ADA next major resistance is 0.79$ and if BTC keeps lagging alts will follow the pump too
Long
by moonypto
2
Cardano / ADA Cardano price today is $0.37with a 24hour trading volume of 610 million dollar. ADA price is up 3% in the last 24 hours and 45% up since last month what is cardano? well, cardano is a proof of stake blockchain cryptocurrency founded in 2017 by Charles Hoskinson, who also co-founded Ethereum. The Cardano blockchain was created for decentralized application distribution and it hopes to solve issues such as scalability, interoperability, and sustainability. Smart contracts are also adapted in the design of Cardano to ensure the blockchain platform can run independently without the need for any professional or third party oversight. now lets talk about ada price as you can see Ada stuck in a blue channel and bulls trying to break it and back to 0.41 which is another important resistance, if ada breaks it then 0.45 and 0.49 are next targets
Long
by moonypto
21
Ready to Move?Here we go! Things look ready to move relatively soon. -Volume decreasing linearly, usually the sign that big players have taken their profits and steered price action the way they wanted. Sets up for the next big move. - Fisher ribbons aligning, can give direction and strength of a move when combined with other tools -Volatility decreasing, a sign that a relatively large move is coming - Stochastics pointed in the positive direction with low volatility usually means price action will break that same direction -FED to cut interest rates in September Question is, what will we do if it breaks to the downside... ACCUMULATE, Seanders
KRAKEN:ADAUSDLong
by seanders_
2
ADA - weekly is TIGHTThe moving averages are getting tighter and tighter for ADA, which typically leads to big moves. What I'd like to actually see is these get even tighter, so spending another month or two in this .45 - .60 cent region will actually lead to a bigger move long term. PRICE TARGET $1.25-1.75 AUG-NOV timeframe. What I expect to see is BTC shoot up to 83k in the next couple weeks, then 125k after that. I expect a big blow off top for BTC towards the end of the year. ADA will not keep up in that time frame. After BTC's high, then it will be alt season. Thats when I expect ADA to potentially make new highs, but I am not too optimistic about that this cycle. If you like to look at other instances of this set up, look at BTC and ETH weekly moving averages back in October of 2023. The majority of the moving averages were within a 7% spread. ADA is currently around 14% spread.
KRAKEN:ADAUSDLong
by seanders_
2
ACCUMULATE ADA - 5daySeems time to accumulate CRYPTO:ADAUSD if you are in the know about Cardano. - Fisher Transform Indication bands need to align themselves. - Price will bounce around tightly packed moving averages between .32 cents and .44 cents. - Price breakout to occur early Aug to early September. - Volume structure also indicates this breakout. - Historical volatility also on the decline which also reinforces this breakout period. ACCUMULATE, seanders not financial advise
KRAKEN:ADAUSDLong
by seanders_
2
Charles Hoskinson Accuses Biden of Trying to Kill CryptoCharles Hoskinson, founder of Cardano ( CRYPTOCAP:ADA ), has criticized President Biden's pledge to veto a bill aimed at reigning in the SEC's crypto crackdown. This comes as the American crypto and blockchain community perceives the Democratic party as a threat. Hoskinson has accused the White House of trying to "destroy the American cryptocurrency industry" and stated that a vote for Biden is a vote against cryptocurrency. The Cardano ( CRYPTOCAP:ADA ) founder claims to speak for the entire industry and has criticized the Securities and Exchange Commission (SEC)'s efforts to sue major crypto companies in the United States, which Hoskinson and his peers call "regulation by enforcement." He added that this policy has cost tens of thousands of American jobs and the loss of a trillion-dollar-plus industry. Hoskinson's intervention in the matter stems from President Biden's veto of a Congressional joint resolution that would reign in the SEC's crypto crackdown. Blockchain leaders lobby for change, with Messari CEO Ryan Selkis and the Winklevoss twins being some of the party's fiercest critics. Brian Armstrong and Brad Garlinghouse have taken a more neutral stance, while Coinbase and Ripple CEOs have turned the crypto lobby into a heavyweight political fundraiser. One of Biden's only notable supporters in the crypto sector comes from Donald Trump's former communications director Anthony Scaramucci, who founded the crypto hedge fund SkyBridge Capital. Scaramucci's lukewarm endorsement of Biden stems from concerns over Trump's unpredictable leadership style, predicting that a Trump administration would be better for crypto regulation in the short term but creating havoc and unpredictability in the legal system in the long term. Charles Hoskinson has also criticized the World Economic Forum's Contributor Yuval Noah Harari over his remarks on Bitcoin and crypto assets. Hoskinson termed the analysis "Duning-Kruger on steroids," garnering support from the wider crypto community on social media spaces. Crypto analysts have long criticized traditional finance players for their poor assessment of the market without fully embracing aspects of the technology. Crypto executives continue to defend the cryptocurrency industry against criticisms from traditional finance players and unfair regulatory scrutiny in recent times. Harari stated his dislike for Bitcoin because it was developed based on distrust of centralized institutions and that developments over the century show that it's a good idea to give the government and banks the ability to create more money to build trust in society. Digital asset users have rallied around Hoskinson, firing at previous criticisms of most traditional finance analysts. Technical Outlook Cardano ( CRYPTOCAP:ADA ) has been on a falling wedge consecutively since the start of January. The price of CRYPTOCAP:ADA has been highly volatile with the asset falling and reversing to new highs. CRYPTOCAP:ADA has a Relative Strength Index (RSI) of 37.79 which is slightly oversold. A bullish reversal is on the horizon with the asset already in a falling wedge pattern.
Long
by DEXWireNews
An optimistic Bull run scenario for #Cardano #ADAADA has already broken out from a W bottom with a pattern target of just under $1 A big question for ADA investors is, can Charles, help push Cardano to make a new #ATH We don't know Charles doesn't know But let's have an optimistic mindset there is a scenario I can see playing out where ADA males an inverse head and shoulders in the future and points to roughly 2X ing the previous. Bull trapping people who will assume it can got to $10 and beyond. Obviously any value above $3 is in the danger zone
KRAKEN:ADAUSDLong
by BallaJi
3
Bunching of Moving AveragesTypically, when you see moving averages get tighter and tighter together, there is a big move coming and its typically in the direction of the side that current prices action is on. This bunching of moving averages happens on many assets but for crypto, the moves that happen after are exponential. As an avid Cardano contributor and trader, here is what I am seeing on a 5day (can also be seen on a weekly). Examples of this same bunching of moving averages can be seen on ETH, DOGE, BTC, etc. if you go back in time. Currently, Cardano is one of the only ones that is in this position.
KRAKEN:ADAUSDLong
by seanders_
1
Cardano's Rise to Prominence: A Journey Towards the $1 MarkCardano ( CRYPTOCAP:ADA ) has emerged as a beacon of hope and optimism, charting a remarkable path towards its yearly high amidst Bitcoin's historic rally. With each upward surge, CRYPTOCAP:ADA finds itself inching closer to the coveted $1 mark, igniting excitement and anticipation among investors worldwide. February's Fantastic Performance: Cardano's performance throughout February has been nothing short of spectacular. Starting the month with uncertainty below $0.5, CRYPTOCAP:ADA defied expectations by closing above $0.70 for the first time since 2022. This surge in value was fueled by a relentless momentum, as CRYPTOCAP:ADA shattered key resistance levels week after week, instilling confidence and optimism in its trajectory. Surpassing Expectations: Despite initial doubts, Cardano ( CRYPTOCAP:ADA ) showcased its resilience by surging to a new yearly high of $0.71, surpassing expectations and solidifying its bullish structure. With an overwhelmingly positive long-to-short ratio, market sentiment remains bullish, with widespread anticipation for ADA to breach the $1 milestone. Challenges and Opportunities: However, CRYPTOCAP:ADA 's journey towards $1 is not without challenges. Liquidity gaps, resulting from rapid price surges, pose a potential obstacle that CRYPTOCAP:ADA must overcome to sustain momentum. Yet, amidst these challenges lie opportunities, as Bitcoin's rally paves the way for increased market participation and potential capital inflows into $ADA. Looking Ahead: As CRYPTOCAP:ADA navigates the coming weeks, the cryptocurrency community eagerly awaits to witness whether Cardano can achieve the highly anticipated $1 milestone or consolidate at its current levels. Market dynamics remain unpredictable, emphasizing the importance of considering alternative perspectives and opinions when evaluating ADA's future performance. Why It Matters: Cardano's ascent amid Bitcoin's rally underscores the interconnected nature of the cryptocurrency market. As Bitcoin stabilizes, the potential for funds to flow into ADA presents an exciting opportunity for market participants and CRYPTOCAP:ADA holders alike, potentially propelling ADA's price beyond $1 for the first time in nearly two years. In Conclusion: Cardano's journey towards the $1 mark symbolizes more than just a numerical milestone—it represents resilience, optimism, and the transformative potential of cryptocurrencies. As CRYPTOCAP:ADA continues to make strides in the crypto landscape, its pursuit of $1 serves as a testament to its growing prominence and significance within the broader crypto ecosystem.
Long
by DEXWireNews
Can Cardano (ADA) Return to Its Upward Trajectory?CRYPTOCAP:ADA , like many other altcoins, is currently in a downward trend. The asset has recently broken through another support level, reaching a local low of $0.450. Given its strong correlation with CRYPTOCAP:BTC , a further decline in CRYPTOCAP:ADA appears likely. Potential support levels for sellers might be found at $0.430 and in the range of $0.398–$0.417. For a reversal of this downward trend, BTC needs to stabilize above the resistance level of $42,000, which could positively influence altcoins, including Cardano ( CRYPTOCAP:ADA ). In such a scenario, CRYPTOCAP:ADA might test resistance zones at $0.471–$0.486 and $0.517–$0.536, possibly signaling a return to an upward trajectory.
Short
by DEXWireNews
Cardano's ($ADA) Golden Cross MovementTechnical Analysis After trading sideways for the entire month of November 2023, ADA has reignited its upward trend, reaching a yearly high of $0.49. This increase in ADA’s value could be partially credited to the stabilization in the BTC price, which has enabled various altcoins to start regaining strength. The immediate target for ADA investors is the psychological level of $0.5. Reaching this mark could lead to a temporary pullback. However, if ADA successfully surpasses this level promptly, it could potentially accelerate the uptrend. A downward correction for ADA seems unlikely for now. In the event of a decrease, the asset might test support levels at $0.440-$0.460, $0.430, and $0.407-$0.420. ADA's overall positive trajectory is likely to continue as long as the BTC price remains stable above $39,000. Candle sticks indicating bullish Movement Three white Soldiers is depicted on this candle stick with a long doji being the retest here the market will keep on surging till the bulls get tired. The 50-day Moving Average interpolates and crosses the 200-day moving average showing signs of a "Golden Cross" indicating further bullish trend.
Long
by DEXWireNews
ADA PREPING FOR A 6% MOVE UP!ADA has had a slow move up and is now rangebound in a beautiful bull-flag pattern. When looking at the bull-flag, we can see that the price seems to want to move higher. If in fact it does begin to move higher and breakout, the next major resistance would be the range highs around 41 cents. Lets stay patient and see if we will get a breakout which would mean an opportunity to long! i]Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
AI Integration Deepens in Cardano with Girolamo Chatbot LaunchCardano integrates AI with Girolamo launch, advances in blockchain with Mithril, and prepares for a pivotal governance vote. Cardano (ADA), a prominent blockchain platform, has taken a significant leap in integrating artificial intelligence with its ecosystem. The recent beta launch of Girolamo, an internet-enabled generative chatbot, marks a pivotal moment in Cardano’s AI journey. This development aligns with Cardano’s ongoing efforts to intertwine blockchain technology and AI, showcasing a blend of innovation and practical application. Girolamo Launch Marks Cardano’s AI Evolution Girolamo, named after the renowned Italian mathematician Girolamo Cardano, represents a groundbreaking step for Cardano in AI. This chatbot is designed to handle a broad spectrum of queries, from industry-specific to general everyday questions. Remarkably, Girolamo also boasts the capability to generate and interpret images, adding a visual dimension to its functionality. ADA’s engagement with AI technology traces back to 2021, with the unveiling of Grace, an AI robot developed by Awakening Health. This venture was a collaboration between Hanson Robotics and SingularityNET, a blockchain partner of Cardano. The synergy between blockchain and AI has been a focal point for Cardano, particularly highlighted by the launch of the AGIX converter bridge in the past year. Charles Hoskinson, the founder of Cardano, reached out to Sam Altman, CEO of OpenAI, proposing a collaboration. This gesture reflects ADA’s aspiration to expand its blockchain ecosystem, potentially exploring a partner chain with OpenAI. Such collaborations signify Cardano’s commitment to staying at the forefront of blockchain and AI integration. In parallel, ADA’s lightweight wallet, Lace, updated version 1.7.1. This update addresses various issues, including enhancing dApps connectivity with the Lace wallet. These improvements are crucial for streamlining user interactions within the ADA network. Cardano Advances with Mithril Relay Prototype Cardano’s decentralization efforts took a step forward with the Mithril team’s completion of the prototype implementation of the Mithril relay. This development is key in enabling peer-to-peer signature broadcasting, a fundamental aspect of decentralized networks. Moreover, ADA is gearing up for a significant governance milestone. The community is preparing for a special ballot vote under CIP-1694, focusing on assessing advancements in on-chain and off-chain governance. The snapshot for participating wallets was taken on November 21, with the voting process scheduled from December 1 to December 11. The series of developments in the ADA ecosystem has been met with optimism in the cryptocurrency market. Following the announcements, ADA, Cardano’s native cryptocurrency, saw a positive price movement. In the last 24 hours, ADA experienced a price increase of 0.40%, trading at $0.3937.
Long
by DEXWireNews
ADA Might Break Through The Current Resistance ZoneCardano (ADA) Cardano is currently trading between a support level of $0.354 and a resistance zone of $0.38-$0.41. This price range has been tested three times over the past two weeks. If Bitcoin continues its upward trend, the next goal for Cardano would be to reach new highs. In this scenario, ADA could break through the current resistance zone and test the $0.43 level. A subsequent stabilization of its price within the $0.41-$0.43 range is a likely outcome. On the other hand, should Bitcoin undergo a correction, Cardano might drop to support zones around $0.330-$0.342, $0.325, and $0.305-$0.315. Further declines in ADA's value would largely depend on the trajectory of Bitcoin's price movement.
Long
by DEXWireNews
Cardano (ADA) Rallies 10% Over the past week, both altcoins and Bitcoin underwent a widespread correction, prompting tokens like Cardano, Ethereum, and Solana to look for stable ground. Despite this setback, the prevailing optimism has reignited enthusiasm in the market, hinting at an imminent bullish comeback. Cardano (ADA) Moves With Confidence Cardano has showcased remarkable resilience, staging an impressive recovery after weathering two underwhelming quarters. In its recent ascent, ADA briefly breached the $0.4 price level for the first time since April. However, the excitement was short-lived, as ADA quickly turned its hull towards the bottom, sinking to the liquidity zone at $0.348 over the past week.  Despite this temporary setback, ADA is once again moving with confidence, orchestrating an impressive 10% rally over the weekend to reach $0.385. The surge coincides with Bitcoin gearing up for a potential retest of its yearly high at $38,000. In the upcoming week, Cardano, fueled by its newfound vigor, could retest $0.4, potentially flipping it into support – hinging on Bitcoin’s success.  Should it succeed, Cardano’s trajectory could extend to $0.5, setting a new yearly high. At the time of writing, investor sentiment exhibited a subtle bearish tint, particularly on-chain, as some users opted to cash out profits amid ADA’s recent performance. 
Long
by DEXWireNews
Midnight: A new privacy and data protection protocol on CardanoProtecting personal data has long been debated in the crypto community. The Midnight protocol, powered by Cardano, will create new conditions for online interaction. It can grant access to regulators while maintaining user privacy. Midnight: A new privacy and data protection protocol on Cardano With the advent of Web2, it became possible to create social networks where people can freely communicate and share information. But these platforms are owned by centralized companies, which can expose users to restrictions or surveillance, and confidential information and personal data can be "leaked" to the network. Web3 can create an environment without censorship or control over user data. But the implementation of decentralized projects either reveals too much information about users or leads to an overly closed system. Here's the dilemma: by making payments on the Internet using cryptocurrencies, users can thus remain anonymous by not providing their personal data to third parties. On the other hand, the more anonymous the digital process is, the more negatively the regulatory authorities treat it due to lack of control. And to solve this dilemma, IOG is set to launch a new platform called Midnight. Midnight is a blockchain that helps protect personal and commercially sensitive data. Such a solution will be fundamentally new in online interaction: users can decide what information they want to disclose. Midnight will operate as a sidechain on the Cardano blockchain and inherit its security and decentralization.This will significantly expand the usefulness of Cardano, as it will be possible to create an extensive network with secure data. The platform will enable commercial companies to exchange critical information directly with each other. For example, they can transfer financial data without fear of leaks or disclosing confidential information. And private users will be able to safely share their personal data on the Internet and not be afraid that they will be misused. Midnight will make it easier for developers to create smart contracts than ever before. In this case, you can use various popular programming languages, starting with Typescript. Charles Hoskinson, the founder of Cardano, explained the paradox of having a privacy law and a disclosure law at the same time: "Every time you engage in a regulated business, there’s a privacy requirement because a regulated business requires you to give away some personally identifiable information and there’s a privacy law on the other side that says you have to keep it secret. The problem is, if you try to do that in a blockchain setting, your private information becomes public to everybody." Midnight solves this problem with several new features. An important component will be private smart contracts to help ensure regulatory compliance. Another feature would be that blockchain relies on zero-knowledge proof. It is a form of encryption and transaction verification that allows one party to prove to another that they know something without revealing the information itself. To put it very simply, it can be explained as follows: Imagine a cave where there is one entrance, which is divided into two paths: A and B. These two paths are connected by a closed door with a code phrase. Bob wants to check if Alice knows the code for the door. But Alice wants to keep the code from Bob. To do this, they make a check: Bob is standing outside the cave, and Alice goes inside and takes one of two paths, and Bob needs to know which one. Next, Bob asks Alice to come back using one of the paths chosen at random. If Alice took path A, and Bob asked to exit using path B, then Alice must open the door using the passphrase. This way, she will prove that she knows it without revealing the phrase itself. Simply put, a platform can provide access to regulators while maintaining user privacy. Midnight is currently in development. It is worth noting that the new blockchain will have its own DUST security token, and with the help of anonymous smart contracts, the level of privacy will be transferred to the user's hands. And according to Charles Hoskinson, Midnight will replace existing confidential coins, such as Zcash and Monero. In conclusion, Midnight is vital to Cardano's global goal of creating secure blockchain technologies. This protocol aims to solve one of the main problems in the crypto community that worries many users. This again proves that the developers remain true to their philosophy and values: making a product for people while preserving their rights and freedoms. "Midnight – designed for developers, built for humanity."
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by SpaceFinance
1
#Cardano Big picture... back to the Teens#ADA's recent price performance has been extremely weak to say the least. And unlike many other stronger #Alts is testing and breaking the June lows. No comment on the Technology , (strengths or shortcomings) of the ecosystem. Simply observations from a Technical perspective, This coin has given plenty of opportunities on the upside, as shown by the previous bear market inverse head and shoulders / double bottom. Which made target with over-performance. Exactly what you need to comfortably exit your holdings accumulated during the winter period. Which takes us to the final leg down NOW... setting us up for what I believe could be an epic final drop. I would not be surprised to see it back to 10 cents area (maybe high single digits, in a great unwind) @TheCryptoSniper
Short
by BallaJi