Cardano founder Charles Hoskinson sought to clear the air after new evidence emerged about his past involvement with the Ethereum Foundation.
Read more on: https://thecryptobasic.com/2023/11/20/cardano-founder-debunks-pathological-liar-claims-as-new-evidence-from-ethereum-days-emerges/
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A popular crypto trader thinks Ethereum (ETH) competitor Cardano (ADA) could be mimicking price movement from a past market cycle and primed to surge soon.
The crypto analyst Ali Martinez tells his 32,800 followers on the social media platform X that ADA’s current consolidation trend “eerily mirrors” the asset’s 2018-2020 phase if the 2020 COVID-19 price crash is ignored.
“If so, ADA could break through the $0.45 resistance around the first week of December. The upswing could send ADA to $0.75 by late December.”

A pump to $0.75 would represent a more than 100% increase for ADA, which is trading around $0.372 at time of writing.
The 9th-ranked crypto asset by market cap is up more than 51% in the past month but still remains 88% down from its all-time high of $3.09, which it hit in September 2021.
In terms of other crypto assets, Martinez also points out that peer-to-peer payments network Litecoin (LTC) saw its biggest spike in daily activity ever this week, with the project registering more than 1 million LTC transactions on Tuesday.

LTC is trading at $71.20 at time of writing. The 18th-ranked crypto asset by market cap is down 4% in the past 24 hours but remains up by more than 14% in the past month.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
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Charles Hoskinson, the founder of Cardano, denies being affiliated with any memecoin like Freya after his controversial tweet left many investors in huge losses.
Read more on: https://thecryptobasic.com/2023/12/11/cardano-founder-says-he-has-nothing-to-do-with-projects-like-freya-or-other-nft-plays/
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Cardano founder Charles Hoskinson has taken to X to explain how decentralized protocols operate.

Read more on: https://thecryptobasic.com/2024/01/26/hoskinson-reacts-to-statement-that-cardano-cannot-advertise-like-solana/
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Helius Labs founder Mert Muntaz has called out XRP and Cardano (ADA) as two hyped chains without basis, a position that has stirred a heated debate.
Read more on: https://thecryptobasic.com/2023/12/04/helius-labs-ceo-asks-how-xrp-and-cardano-are-still-around-community-sets-him-straight/
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#Write2Earn Cardano's founder, Charles Hoskinson, has outlined the monumental challenge and opportunity facing the blockchainCharles Hoskinson, the founder of #cardano , shed light on what he believes to be the most significant challenge facing the blockchain industry, particularly Cardano, in 2024. According to Hoskinson, the main hurdle is not technological but rather human: the complexity of achieving effective and efficient on-chain governance. He points out that #SatoshiNakamoto 's introduction of proof of work solved a significant problem within the digital currency space, but it pales in comparison to the intricacies involved in decentralized governance. Emphasizing the novelty and complexity of this endeavor, he suggested that achieving effective on-chain governance within Cardano could be considered "the single biggest innovation in collective governance in human history, it's worth a Nobel Prize."Decentralized governance: a new frontierHoskinson elaborates on the unprecedented nature of the task at hand, arguing that Cardano's success in implementing decentralized governance would not only be a monumental achievement in the #cryptoWorld but could also pave the way for a new era of collective governance on a global scale. "It's a much greater problem than Satoshi ever solved... It's like AI alignment; it's a super hard problem," he addedThe goal, as Hoskinson outlines, is to build a governance model that can be applied not just within Cardano, but also in corporate, club, and even governmental structures, potentially revolutionizing how societies operate and address common challenges.The impact on global governanceHoskinson doesn't shy away from the grand vision he has for Cardano, suggesting that solving the puzzle of decentralized governance could lead to the most significant transformation in human governance witnessed in our lifetimes. He reflects on historical shifts in governance and societal structures, suggesting that we are on the cusp of another major transformation that could redefine human collaboration and governance. The founder's optimism is tempered with a call to action, urging the #CardanoCommunity and beyond to remain vigilant and engaged in the pursuit of this groundbreaking innovation."Every 50 to 100 years, the whole human race reboots the way things work, and this is the next reboot cycle that we're going through right now," he stressed. 

Barely a week after unveiling a major upgrade, Cardano-based Lace Wallet has followed up with a new version to address bugs reported by users.
Read more on: https://thecryptobasic.com/2023/11/23/cardano-lace-wallet-announces-quick-update-to-fix-new-bugs/
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Cardano founder Charles Hoskinson has thrown his weight behind John Deaton in the lawyer’s bid to replace crypto-hostile Senator Elizabeth Warren.

Read more on: https://thecryptobasic.com/2024/03/05/cardano-founder-backs-john-deaton-with-maximum-donation-against-senator-warren/
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#AVAX The Voltaire era is the final stage in #cardano 's development roadmap, marking a significant shift toward a self-sustaining system. With the new governance model, network participants are now empowered to use their stake and voting rights to shape the future development of the network, a move that resonates deeply with the ethos of blockchain technology​​​​​​.The Voltaire upgrade introduces a treasury and voting system that allows Cardano users to participate directly in governance and decision-making processes. This level of community engagement is designed to allow impactful decisions regarding software updates, technical improvements and funding decisions through Cardano Improvement Proposals (CIPs) and Funding Proposals (FPs). These proposals enable the #CardanoCommunity to steer the platform in line with collective interests and aspirations​​.ADA/USDT Chart by #tradingview As Cardano strides toward this new era of decentralization, its market traction has similarly been noteworthy. Recent analyses indicate that ADA, Cardano's native token, has gained momentum and is trading around $0.3537. The asset is gaining traction with reemerging buying pressure and, if it surpasses the resistance level of $0.3550, further gains are anticipated in the near term​​.The price displays a rounding bottom breakout on the daily chart, and after crossing the $0.35 mark, it teases a potential high-speed rally. Should ADA exceed $0.40, analysts suggest the bullish trend could propel it toward the $0.45 benchmark​​. Additionally, the price has recently surpassed the 50-day Exponential Moving Average (EMA), a bullish signal for many traders, hinting at a strong recovery and potential for further increases​​.The live price data reflects a -2.92% change in the past 24 hours but a notable +4.40% increase over the past week. ADA's resilience is demonstrated by its jump to a high of $0.4100, its peak since April of this year, representing a surge of over 66% from its lowest level this year​​​​.#Pyth