Cardano’s DeFi TVL surges past 500 million ADA amid growing ecosystem interest

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Cardano rises 6% against Bitcoin despite broad market sell-off

Ad Cardano’s ADA has risen by nearly 6% against Bitcoin despite the broad market sell-off in the last 24 hours, according to CryptoSlate’s data. The ADA/BTC spot pair on Binance increased by 0.00000087 during the reporting period to as high as 0.00001571. However, it has retraced to 0.00001562 at the time of writing. Source: Tradingview…

Cardano’s DeFi ADA tokens TVL touches new all-time high of 341M

Ad The total value of assets locked (TVL) on Cardano in terms of the ADA token reached a new all-time high of 341.42 million on March 7, according to DeFillama data. The ADA token TVL  has fallen to 333.16 million as of press time. Source: DeFillama In US Dollar terms, Cardano’s DeFi TVL sits at…

Cardano ADA sees increased whale transactions, DeFi TVL doubles

Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac · 4 days ago

Cardano DeFi TVL jumps 20%, ADA token rallies

The total value of assets locked (TVL) in Cardano’s DeFi ecosystem surged by 20% over the last 24 hours to $65.91 million, according to Defillama data. Cardano’s DeFi TVL fell below $60 million on Nov. 10, 2022, finishing the year below the threshold. However, the ecosystem has made a gradual comeback since the start of…

FTX Sam Bankman-Fried hints at Cardano listing

FTX founder Sam Bankman-Fried has hinted that the exchange could soon be listing Cardano’s ADA for spot trading in an Oct. 23 tweet. definitely not the case! we have https://t.co/mST1XOz1mv listed internationally; adding spot ADA too is on our roadmap — SBF (@SBF_FTX) October 23, 2022 According to SBF, FTX International has ADA perpetual contracts…

L2 solution makes Cardano, Algorand network interoperable

Cardano (ADA) founder Charles Hoskinson announced that Algorand (ALGO) is now on the Cardano network in reaction to the news that Mikomedia A1 Rollup is live on Algorand. And by the power of blockchain transitivity, Algorand is now on Cardano https://t.co/wpKDNB6LFW pic.twitter.com/1N6SlyRRdz — Charles Hoskinson (@IOHK_Charles) October 19, 2022 What is Milkomedia? Mikomedia is a…

Cardano up 3% following completion of Vasil hard fork

Cardano’s ADA has reacted positively to news of the successful completion of the Vasil upgrade, rising 3.6% in the last 24 hours to trade at $0.4638. The Vasil upgrade went live at 9:44 pm UTC on Sept. 22, according to an announcement from Input Output. #Vasil mainnet HFC event successful!🍾 We’re happy to announce that today,…

Cardano founder Charles Hoskinson calls Ethereum ‘Hotel California of Crypto’

Cardano (ADA) founder Charles Hoskinson has called Ethereum (ETH) the “Hotel California of Crypto” in response to a tweet that claimed that ETH staking withdrawals might be delayed beyond the Shanghai upgrade. The Hotel California song is about a prison where no one escapes from. Ethereum is becoming the Hotel California of Crypto https://t.co/oRUw4kxvfS —…

Bitcoin, Ethereum shed gains before looming Fed interest rate hike

With the Federal Reserve expected to raise the interest rate by at least 75 basis points on July 27, the crypto market cap has shed roughly 4% as the value of Bitcoin (BTC), Ethereum (ETH), and other crypto assets have dropped in the last 24 hours. Coinglass data showed that over $150 million in positions…