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Crypto News

More countries to follow El Salvador’s Bitcoin move, Cardano creator says

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“El Salvador’s Bitcoin acceptance is a major win for the cryptocurrency industry, Cardano founder Charles Hoskinson believes.

Following El Salvador’s historic adoption of Bitcoin (BTC) as legal tender on Tuesday, Cardano founder Charles Hoskinson predicted that a lot more countries will eventually follow in the Latin American country’s footsteps.

El Salvador’s Bitcoin acceptance further legitimizes the belief that people should be in control of their money, Hoskinson said in his “Congratulations Bitcoin” YouTube video on Sept. 7.

The Cardano founder expressed confidence that cryptocurrencies like Bitcoin are the future of money as the younger generation will inevitably trigger mass adoption of crypto. “The majority of people under the age of 25 have a positive view on cryptocurrencies, and a lot of them own them. That’s the future. Their children will grow up with those values and those beliefs about the nature of money” he said.

Hoskinson further predicted that more countries all over the world will move into the cryptocurrency industry by accepting crypto as part of diverse government structures, stating:”

“In the coming years, many more nation-states will use crypto as part of their monetary policy, either as reserves in their central banks or using cryptocurrency rails for central bank settlements, or potentially just simply taking a cryptocurrency as El Salvador has done and make it the national currency.” Cointelegraph

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto News

ADA : Brief Update on Alonzo

ADA : Brief Update on Alonzo Charles Hoskinson

offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto Data

DEXs built on top of the Blockchain

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto News

Saturday Night Thoughts


Charles Hoskinson : Saturday Night Thoughts

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto Data

Cardano Hits New All-Time High

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“Cardano’s native token, ADA, has hit a new all-time high just a week after overtaking Tether as the industry’s third-largest cryptocurrency.

The price of ADA has skyrocketed by 17.4% over the last day, reaching a new all-time high of $2.54 in the early hours on Friday.

Last week, Cardano’s token swept past Tether (USDT) and Binance Coin (BNB) to become the third-largest cryptocurrency by market capitalization. With its current market value of nearly $80 billion, the asset has only bolstered its position since then.

By press time, the token has slightly backtracked from its record high, changing hands at $2.48, per CoinGecko.

ADA’s price is largely boosted by the imminent Alonzo hard fork, which will bring the long-awaited smart contract functionality to the Cardano proof-of-stake (PoS) blockchain.”

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto News

40% of Crypto Investors in Singapore Own Cardano ($ADA) According to Recent Survey

“According to the results of a recent survey (partly sponsored by crypto exchange Gemini), Cardano’s $ADA token is the third most popular cryptocurrency in Singapore.

Gemini’s “State of Crypto in Singapore 2021” report says the purpose of this survey was to find out what investors (both those with and without any crypto holdings) in Singapore think about the cryptocurrency asset class. The results are based on a survey of 4,348 Singapore-based adults (between the ages of 18 and 65).

The polling of the respondents was done between June 29 and July 9. Out of the 4,348 respondents, 2,862 were existing crypto holders and 1,486 were consumers “who might be interested to learn more or start investing in cryptocurrency.” The figures quoted below are in Singapore Dollars (SGD).

Here are a few of the more interesting highlights from this report:

  • 79.9% of those holding crypto are men, and 80.2% of the crypto holders are under 34.
  • 34% of the those who don’t already own crypto are planning to buy some in the next 12 months.
  • Female crypto holders seem to be risk-averse than their male counterparts; for example, out of the crypto investors who have less than 5% of their overall portfolio in crypto, 46% are women and 34% are men.
  • The top eight most popular cryptoassets and the percentages of the crypto holders that own these coins are as follows: Ethereum (78%), Bitcoin (69%), Cardano (40%), Binance Coin (31%), XRP (25%), Tether (25%), Polkadot (22%), and Chainlink (18%). 
  • 67% of crypto holders put more money into crypto due to the COVID-19 pandemic, perhaps as a way to hedge against potential future high inflation.
  • 68.8% of non-crypto holders said that the main reason for not owning any crypto is their lack of understanding of crypto.
  • 81% of the crypto holders are HODLers (i.e. adopting a “buy and hold” strategy).

As reported by crypto news outlet Decrypt, back in March, Voyager Digital released the results of its first Digital Asset Investor Sentiment Survey. Among those retail U.S. investors who were surveyed, the cryptocurrency they were most bullish on was Cardano (with 31.8% of the votes); Bitcoin and Ethereum took the second and third spots.” Cryptoglobe

Source: Voyager Digital

Steve Ehrlich, CEO of Voyager Digital, told Decrypt:

This clearly demonstrates the enthusiasm that our user base has towards cryptocurrencies, both from the investment and trading perspectives… Of course, everyone is talking about Bitcoin these days, but seeing Cardano coming ahead of it was a really big surprise for us.

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Crypto News

Cardano (ADA) passed strict crypto regulatory checks

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“Cardano (ADA) has finally acquired regulatory approval to be listed on Japanese crypto exchanges.

ardano (ADA) just became one of the rare tokens that succeeded to receive approval to be listed on crypto exchanges in Japan.

Big boost to Cardano’s legitimacy

According to Sebastien Guillemot, CTO of dcSpark, a blockchain company that builds software products on Cardano, Japan has draconian rules for listings on crypto exchanges and the importance of acquiring regulatory approval cannot be overstated.

“Japan has extremely strict rules for crypto exchange listings. Only a small number of tokens can be listed in Japan, and ADA is now on that list,” said dcSpark CTO, whose crypto startup is currently working on a decentralized application browser for Cardano dubbed “Flint” and “Milkomeda,” which will simplify the use of smart contracts.” CryptoSlate

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Crypto News

Being Productive in the Face of Chaos

Being Productive in the Face of Chaos

Charles Hoskinson


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Crypto News

Big Cardano (ADA) deal in the works in Africa

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“The end of April saw Cardano developers Input-Output Global (IOG) announce significant partnership deals with the governments of Ethiopia and Tanzania.

But according to IOG’s Director of African Operations, John O’Connor, another significant deal is in the works. Like the Tanzania tie-up, this will likely feature cooperation between a local government and the private sector, with IOG technology bridging the partnership.

The focus of the Tanzania deal is to build scalable infrastructure in conjunction with World Mobile. The project intends to provide mobile internet access to Tanzania while also offering digital identity to form the basis for socio-economic development.

Although O’Connor is keeping quiet on the specifics of the new deal, he did let slip that it relates to payments and open finance.

An additional 1 million users coming on board the Cardano network

Earlier this month, O’Connor tweeted about bringing on board an additional 1 million users to the Cardano ecosystem.” CryptoState

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Crypto News youtube

TOP 10 BIGGEST Crypto Partnerships in 2021!! 🤑

TOP 10 BIGGEST Crypto Partnerships in 2021!! 🤑

” 👨‍🏫Types Of Crypto Partnerships👨‍🏫 Crypto partnerships typically fall in to one of four categories: crypto to crypto, crypto to private sector, crypto to public sector, and sponsorships. Crypto to crypto don’t really improve adoption or exposure 👨‍💻Reddit And The Ethereum Foundation👨‍💻 The goal of this partnership is to create a specialized scaling solution for Ethereum that will be used to distribute community points to Reddit’s 430 million monthly users 🏦Visa, Circle, Crypto.com and Anchorage🏦 The goal if this partnership is to make it possible for select Crypto.com clients to pay for goods and services in USDC directly using their Visa crypto debit cards 💱NYDIG And NCR💱 The goal of this partnership is to make it possible for every American to buy and sell cryptocurrencies directly from bank accounts 🌟Stellar And Ukraine🌟 The goal of this partnership is to develop a central bank digital currency or CBDC for Ukraine’s 44 million citizens 🆔Cardano (IOHK) And Ethiopia🆔 The goal of this partnership is to create a digital identity system for over 5 million students and teachers in the country to keep track of grades 💸Strike And El Salvador💸 The goal of this partnership is well known, and that’s to make Bitcoin legal tender. El Salvador’s Bitcoin law was passed just one day after it was proposed 🏒Crypto.com Sponsors Montreal Canadiens🏒 While the exact details of the partnership have yet to be defined, Crypto.com’s logo will be front and center at the Bell Center, which is the home turf 🏎Tezos Sponsors Redbull F1🏎 This sponsorship is a bit closer to a partnership as it will not only see the Tezos logo on the side of Red Bull’s cars but will also see Red Bull NFTs minted on the Tezos blockchain ⚾FTX Sponsors MLB⚾ This sponsorship will see the FTX logo embroidered into the jersey of every umpire in the league 🤼‍♂️Crypto.com Sponsors UFC🤼‍♂️ This sponsorship will see the Crypto.com logo added to everything, really ~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. ” by Coin Bureau