2018 has been a tough year for cryptocurrencies.
As I write these lines, the prices of major cryptocurrencies such as Bitcoin, XRP, and Ethereum are the lowest they’ve been in over a year. The price decline, which started roughly in January, ha…
Category: Cardano
Cardano: a rising cryptocurrency that wants to change the world
On Oct. 1, 2017, an unusual event caused a collective gasp in the world of cryptocurrencies. A little known cryptocurrency called Cardano — or ADA, as its corresponding coin is called — showed up on crypto-tracking sites with a market cap of about $600 million.
At the time, it was unusual to see a new coin appear out of thin air with such a high market cap. But Cardano is different. It’s an incredibly ambitious product with a strong team and tons of buzz. By year’s end, the market cap of Cardano was more than $10 billion, despite the fact that the project was in a fairly early stage. In January, it briefly soared to more than $33 billion before receding back to roughly $10 billion as the overall cryptocurrency market shrunk. It is currently the sixth largest cryptocurrency by market cap, behind Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Read more…
More about Cardano, Ada, Charles Hoskinson, Tech, and Sharing Economy
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Bitcoin takes a break but Ethereum and other cryptocoins reach new highs
Ethereum, the second largest cryptocurrency by market cap, is having a field day. It’s currently trading at $850, a new all-time-high, after an incredible rally in which it nearly doubled its price in nine days.
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Bitcoin takes a break but Ethereum and other cryptocoins reach new highs
Ethereum, the second largest cryptocurrency by market cap, is having a field day. It’s currently trading at $850, a new all-time-high, after an incredible rally in which it nearly doubled its price in nine days.
Ethereum’s current market capita…