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Cardano News
Bitcoinist
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Dogecoin Payments On X: Cardano Founder Offers Elon Musk Bitcoin Roadmap For Implementation
- Cardano Founder Charles Hoskinson hints at possibility of Dogecoin payment option on X, offering Elon Musk his Bitcoin roadmap for implementation.
- Hoskinson sees potential for DOGE to become a standard currency on X and proposes integrating Dogecoin payments into the platform.
- Musk has shown interest in DOGE and previously hinted at digital asset payments on X, leading to speculation about the meme coin being a contender for payment option.
- Hoskinson's proposal faces criticism from some community members who question the choice of Dogecoin over Cardano for X's payment infrastructure.
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Bitcoinist
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Cardano Foundation Partners With World’s Largest State-Owned IT Company
- The Cardano Foundation has partnered with SERPRO, the world’s largest state-owned IT company.
- The collaboration aims to advance blockchain-based innovation, digital infrastructure, and education for Brazil's federal administration.
- SERPRO will integrate Cardano's solutions into their network to enhance transparency and improve service delivery.
- The partnership will strengthen Brazil's blockchain capabilities and increase efficiency in government processes.
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Crypto-News-Flash
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Cardano Secures SERPRO Partnership to Drive Blockchain Adoption in Brazil
- Cardano Foundation and SERPRO are partnering to bring blockchain technology to Brazil’s public sector to improve security and efficiency.
- The collaboration includes blockchain education for SERPRO employees and aims to enhance Brazil’s digital government services.
- The partnership aims to integrate improved security measures, increased effectiveness, and greater transparency in Brazil's public sector operations.
- SERPRO will receive the Cardano Academy educational program for its 8,000 personnel, including advanced blockchain training for its employees.
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Bitcoinik
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Hoskinson Defends Cardano $ADA’s Inclusion in U.S. Crypto Strategic Reserve Amid Criticism
- Charles Hoskinson says he was not aware of the $ADA coin inclusion in the Crypto Strategic Reserve (CSR).
- FUDsters claim Cardano is not a US-based crypto project.
- Hoskinson defended FUD with multiple facts.
- The current trade price of the $ADA coin is $0.82, 29% higher over the last 7 days of the trading period.
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Bitcoinik
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Ripple Launches National Cryptocurrency Association (Nca), Cardano ($ADA) Founder Backs It!
- Ripple backed the launch of the National Cryptocurrency Association (NCA).
- Cardano founder Charles Hoskinson also showed his support for the launch of NCA.
- The Cardano crypto project faced a new fud regarding its country of origin because of Hoskinson’s citizenship.
- The National Cryptocurrency Association aims to educate US-based crypto investors about crypto and blockchain technology.
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Bitcoinik
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Cardano Founder Charles Hoskinson Not Invited to White House Crypto Summit!
- The White House Crypto Summit is scheduled to be held on 7 March 2025.
- Notable crypto leaders, including Ripple and Cardano founders, did not receive invitations, sparking backlash within the crypto community.
- The summit focuses on shaping cryptocurrency regulation and adoption in the U.S.
- President Donald Trump plans to host the Crypto summit featuring prominent crypto figures.
- Several top cryptocurrency executives, like Michael Saylor, David Bailey, and Matt Huang, have received invitations.
- Charles Hoskinson, the Cardano founder, did not receive an invitation to the summit.
- The event will discuss topics like the U.S. Strategic Crypto Reserve, regulatory framework development, and industry collaboration.
- The summit aims to involve crypto stakeholders in regulatory efforts and position the U.S. as a crypto capital.
- Ripple CEO Brad Garlinghouse also did not receive an invitation to the White House Crypto Summit.
- Discussions will center around establishing regulatory laws, stablecoin legislation, and federal digital assets reserves.
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Cryptoticker
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Cardano Price Prediction: ADA Eyes Breakout Above $1.50 Resistance for a Major Rally
- Cardano (ADA) is potentially on the verge of a breakout above the $1.50 resistance level, indicating a major rally.
- Analysts predict that if Cardano replicates its past bull cycles, it could surge towards $2.50, representing a 250% increase from its current valuation.
- Whales have accumulated over 420 million ADA tokens, indicating growing confidence from institutional investors and reinforcing the bullish sentiment around ADA's price movement.
- With technical indicators aligning and historical price patterns repeating, Cardano's breakout above $1.50 resistance level is anticipated, potentially leading to an extended rally towards $2 and $2.50 in the coming months.
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Pymnts
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This Week in Crypto: A Flock of Black Swan Events
- The cryptocurrency sector is in turmoil after a dramatic week with ongoing government intervention.
- The US President announced the creation of a US strategic cryptocurrency reserve and specified the digital assets it would include.
- Mixed reactions were seen from the crypto space, with some questioning the selection of digital assets for the strategic reserve.
- In addition to the presidential announcement, regulatory developments and advancements in the mainstream adoption of cryptocurrencies were observed.
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Bitcoinist
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Trump-Powered Rally Triggers Heavy Dumping From XRP Whales, Here’s How Much
- XRP experienced sharp fluctuations over the past two weeks, dropping below $2 and then reaching as high as $2.8.
- The bounce back in the crypto market was influenced by Donald Trump hinting about a crypto reserve in the US.
- However, on-chain data indicates that XRP whales have been selling off the token heavily after the Trump-fueled rally.
- The distribution phase is observed as early investors cash out, and exchange data shows a concurrent jump in XRP supply on trading platforms.
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Insider
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Crypto insiders say Trump's love for bitcoin is more than a fling — even though he may be making an 'unforced error'
- Industry insiders believe that President Donald Trump is serious about his support for cryptocurrencies like bitcoin.
- Despite facing criticism, Trump's announcement regarding a strategic crypto reserve has generated enthusiasm within the crypto community.
- The inclusion of alternative coins like ripple, solana, and cardano in the US crypto reserve announcement caused a surge in the market initially.
- However, some experts fear that Trump's decision might have been a misstep, especially in including altcoins alongside bitcoin.
- Prominent figures in the crypto space, such as Anthony Pompliano and Tyler Winklevoss, have expressed concerns about the composition of the strategic reserve.
- While opinions vary on the potential impact of the strategic reserve, many are cautiously optimistic about its implications for the industry.
- The crypto community remains hopeful about the positive momentum in the industry under the Trump administration's pro-crypto stance.
- Participants at the Bitcoin Investor Week conference praised the shift from the previous administration's anti-crypto stance to Trump's more supportive position.
- Despite some uncertainties surrounding the strategic reserve, the overall sentiment is positive towards increased government support for cryptocurrencies.
- The crypto industry anticipates further progress on the policy front under the new regime, aiming to overcome obstacles and foster growth.
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Crypto-News-Flash
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407
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ADA & XRP Get ‘Blue Chip’ Status from Cardano Founder – Solana Not So Much
- Cardano founder Charles Hoskinson endorses ADA and XRP as safe, blue-chip cryptocurrencies.
- Hoskinson praises Cardano's ability to withstand challenges and XRP's stability.
- He dismisses Solana (SOL) as a mid-level cryptocurrency.
- Hoskinson speculates on other altcoins that might be included in the national reserve.
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Newsbtc
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Whales Bought 420 Million Cardano After Trump’s U.S. Strategic Crypto Reserve Announcement – Insights
- Cardano experienced significant volatility after President Trump's announcement that ADA would be included in the U.S. Strategic Crypto Reserve.
- Despite a 35% drop in the following days, analysts and investors remain optimistic about Cardano's performance in the future.
- On-chain data reveals that whales accumulated over 420 million ADA following the news, indicating confidence in its long-term potential.
- Cardano's price is currently testing crucial resistance levels, and if it can break through, it may experience a major rally.
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Zycrypto
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190
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Economist Schiff Accuses Trump of Manipulating BTC, ETH, ADA, XRP Prices, Claims Crypto Reserve is Inflationary
- Economist Peter Schiff accuses Donald Trump of manipulating prices of Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Ripple (XRP) through a pump and dump scheme.
- Schiff claims that Trump's announcement of a US crypto reserve, including BTC, ETH, XRP, Solana, and Cardano, led to price jumps up to 20% in some cryptocurrencies.
- Schiff alleges that two posts on Trump's Truth Social account were responsible for the price spikes, benefiting those who had advance knowledge of the announcement.
- Schiff argues that a crypto reserve would slow economic growth, increase inflation, and ultimately benefit gold and potentially Bitcoin.
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Coin Telegraph
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Why is Cardano (ADA) price up today?
- Cardano (ADA) price has surged, bouncing 30% from March 4 low of $0.7570 to an intraday high of $0.9792.
- The first-ever White House Crypto Summit, scheduled for March 7, 2025, is generating significant buzz across the crypto industry and boosting ADA price.
- Cardano's total locked value (TVL) in DeFi protocols has risen by 52% in six days, reaching $408 million, improving investor trust.
- ADA price is confirming a bull flag pattern and is currently testing the resistance level at $1.20 with a potential upside target of $3.20.
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TheNewsCrypto
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Cardano (ADA) Bounced Back After Dropping 24% In a Day
- Cardano (ADA) price experienced high volatility but recently broke out above key EMAs.
- Last week, ADA price surged by 38% following the announcement of Trump's US crypto reserve.
- Currently, ADA price is trading above key EMAs, and RSI and MACD indicators indicate a bullish trend.
- If ADA successfully breaks the $1 psychological level, a potential rally is expected.
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