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blockonomi.com The Best Crypto to Invest in Right Now as XRP ETF Draws $5.3M and Cardano Builds Toward August Catalyst

The best crypto to invest in right now reveals itself when capital moves before headlines catch up. XRP spot ETFs pulled $5.3 million in weekly net inflows on June 18 while Bitcoin ETFs posted outflows per CoinGecko, and Cardano’s Leios testnet launches June 23 with the SEC spot ETF threshold landing in August per CoinMarketCap. [...] The post The Best Crypto to Invest in Right Now as XRP ETF Draws $5.3M and Cardano Builds Toward August Catalyst appeared first on Blockonomi.

blockonomi.com Cardano Security May Depend on Fee Growth, DRep Warns

TLDR Cardano DRep Jaromir Tesaf said the network’s long-term security may depend on transaction fees replacing reserve subsidies. Tesaf noted that Cardano’s reserve has fallen from ₳13.3 billion in epoch 209 to about ₳6.3 billion. Cardano’s Treasury has declined from its ₳1.82 billion peak to about ₳1.49 billion, according to Tesaf. Current fee revenue averages [...] The post Cardano Security May Depend on Fee Growth, DRep Warns appeared first on Blockonomi.

blockonomi.com Can Cardano Pass Bitcoin? Hoskinson’s Claim Sparks Debate

TLDR Charles Hoskinson said Cardano could eventually surpass Bitcoin through sustained ecosystem growth and community support. Critics argued ADA would need a roughly 205-fold increase in market capitalization to overtake Bitcoin. Glyde co-founder Sweep questioned the prediction and highlighted Cardano’s recent ecosystem challenges. The Wolf of Crypto Streets said most cryptocurrencies still depend heavily on [...] The post Can Cardano Pass Bitcoin? Hoskinson’s Claim Sparks Debate appeared first on Blockonomi.

news.bitcoin.com Cardano’s Hoskinson Says Disputed 1,096 Bitcoin Funded a 2016 Audit Amid $70 Million Mystery

Cardano co-founder Charles Hoskinson has said that 1,096 BTC, worth roughly $70 million today, held by an Isle of Man foundation was used to cover audit costs from the project’s 2016 crowdsale. Founder Addresses a Long-Running Mystery Charles Hoskinson, the co-founder of Cardano and chief executive of Input Output, has clarified the fate of 1,096 […]

cryptobriefing.com Cardano’s Charles Hoskinson clarifies disputed 1,096 BTC payment from project’s early days

The dispute highlights the need for transparency in crypto governance, potentially impacting investor trust and regulatory scrutiny on Cardano. The post Cardano’s Charles Hoskinson clarifies disputed 1,096 BTC payment from project’s early days appeared first on Crypto Briefing.

blockonomi.com SEC Clock Ticks as Cardano Futures Edge Toward ETF Qualification

TLDR Cardano futures launched on CME on February 9, 2026. SEC requires a six-month regulated futures market for ETF eligibility. ADA futures are expected to meet the requirement on August 9, 2026. Grayscale Cardano Trust ETF decision expected around October 2026. ADA is included in the Bitwise 10 Crypto Index ETF and the Grayscale fund. [...] The post SEC Clock Ticks as Cardano Futures Edge Toward ETF Qualification appeared first on Blockonomi.

bitcoinist.com Cardano And $67.5 Million In Bitcoin, What Happened With 1,090 BTC?

Litigation expert Thomas Braziel has questioned the Cardano Foundation on the 1,090 BTC it allegedly received after its predecessor, the Isle of Man foundation, was dissolved. This is said to have occurred around the Cardano ICO, with 108,000 BTC said to have been raised around the ICO event.  Expert Questions Cardano Foundation Over 1,090 BTC […]

bitcoinist.com Cardano Founder Hoskinson Accused Of Selling 1.5 Billion ADA In 2021 Rally

Cardano founder Charles Hoskinson is facing a new round of allegations after NFT creator Masato Alexander published additional on-chain tracing work tied to large ADA movements during the 2021 market rally. The claims add another layer to an already contentious debate over Cardano’s early allocation history, governance structure, and voucher redemption process. Large Cardano Flows […]

blockonomi.com Cardano ADA On-Chain Metrics Signal Dormant Wallet Activity Amid 25% Weekly Price Drop

TLDR: ADA Age Consumed hit its largest spike since April amid a 25% weekly price decline to $0.1605.  Mean Dollar Invested Age paused after a steady climb, signaling older coins re-entered circulation. Santiment says Age Consumed clusters near key turning points but stopped short of a reversal call. Cardano Foundation signed a three-year deal with [...] The post Cardano ADA On-Chain Metrics Signal Dormant Wallet Activity Amid 25% Weekly Price Drop appeared first on Blockonomi.

bitcoinist.com Hoskinson Claims Cardano Can Surpass Bitcoin By Solving Crypto’s Trust Problem

Charles Hoskinson says Cardano is not merely competing for crypto market share, but for a much larger role: becoming the infrastructure layer for global trust. In a June 8 livestream titled “Why Cardano is the only Ecosystem that can run the world,” the Cardano founder argued that ADA’s long-term value depends on whether the network […]

blockmanity.com UNDP Launches Blockchain Advisory Group with Ethereum Cardano and Stellar for Global Good

The United Nations Development Programme has started a fresh effort to use blockchain in meaningful ways. It created a new group that brings together major networks like , , and along with 23 other organizations. What the New Group Aims […] The post UNDP Launches Blockchain Advisory Group with Ethereum Cardano and Stellar for Global Good appeared first on Blockmanity.

bitcoinist.com Cardano Just Took Another Major Hit Amid Zombie Chain Allegations

Cardano analytics platform TapTools has announced that it is shutting down, providing a major blow to the ADA ecosystem. This comes amid allegations that the network is a ‘Zombie Chain’ with low user activity.  Cardano’s TapTools Announces It Is Winding Down In an X post, TapTools announced that they are preparing to wind down their […]

blockonomi.com Cardano Enters Make-or-Break Phase as ADA Activity Surges

TLDR Cardano fell below $0.16 for the first time since December 2020. Social dominance climbed to 0.52%, the highest level in 2026. Daily active addresses rose to 28,459, a four-month high. Charles Hoskinson said he is taking a break after warning of project failures. Santiment described the coming weeks as a make-or-break period for ADA. [...] The post Cardano Enters Make-or-Break Phase as ADA Activity Surges appeared first on Blockonomi.

bitcoinist.com Hoskinson Denies Cardano Exit Rumors: ‘I’m Not Leaving’

Cardano founder Charles Hoskinson rejected speculation that he is leaving the ecosystem, saying in a June 4 livestream that he is stepping back from public-facing communication but not resigning from Cardano. The comments came after his brief “taking a break” post on X triggered concern across the community and inquiries from journalists Hoskinson opened the […]

bitcoinist.com Cardano (ADA) Crashes To Five-Year Low: Top Analyst Targets $0.051 After Hoskinson’s Warnings

Cardano (ADA) is facing a sharp downturn, having suffered a major monthly drop of around 30% and slipped below the crucial $0.20 support level on Thursday for the first time in over five years.  The selloff is unfolding against two pressures at once: bearish momentum across the broader crypto market and fresh warnings from Cardano […]

bitcoinist.com Cardano Founder Hoskinson Says He’s ‘Taking A Break’: Here’s What Happened

Charles Hoskinson, the founder of Cardano and CEO of Input Output, abruptly told followers on X that he is “taking a break,” following a tense livestream on June 2 in which he questioned what power he actually has to stop project failures and funding disputes inside Cardano’s decentralized governance system. The post was brief: “I’m […]

bitcoinist.com Is Cardano Over? Charles Hoskinson Warns Of A “Wave Of Failures” — And His Own Community Is Furious

Charles Hoskinson, co-founder of Cardano and Input Output Global, sparked one of the most uncomfortable public debates in the blockchain’s history this week — warning in a video posted on YouTube that the second half of 2026 will bring a wave of project failures, forced consolidation, and DeFi shutdowns across the ecosystem, as ADA fell […]

blockmanity.com Cardano ADA Crashes Hard: Hits 6-Year Low After Failed Summit Vote

Cardano ADA Crashes Hard: Hits After Failed Summit Vote Cardano’s ADA token is in trouble. It just hit a and is trading around 21 cents. This drop comes after the project canceled its big yearly event and the whole crypto […] The post Cardano ADA Crashes Hard: Hits 6-Year Low After Failed Summit Vote appeared first on Blockmanity.

bitcoinist.com Hoskinson Warns Of Cardano ‘Wave of Failures’ After TapTools Shutdown

Charles Hoskinson warned that Cardano could face a broader “wave of failures” across its ecosystem after TapTools said it is preparing to wind down operations over the next two weeks, citing leadership departures and difficult platform economics. The June 2 livestream marked one of Hoskinson’s sharpest public interventions on Cardano’s current governance and commercialization debate. […]

forklog.media Cardano Platform TapTools to Shut Down Operations

The platform TapTools, which provides analytics and infrastructure solutions for the Cardano ecosystem, will cease operations within two weeks. The primary reasons cited are the departure of key employees and high operational costs. After four years of building for Cardano, today we have difficult news to share. pic.twitter.com/eBN9J9FErx— TapTools (@TapTools) June 2, 2026 Earlier this year, two co-founders, as well as the COO and CTO, left the project. The interim CTO appointed later also moved to another project. TapTools emphasized that technical support for a platform of this scale requires significant infrastructure and development costs, which the project cannot sustain under current conditions. Cardano founder Charles Hoskinson commented on the situation, noting that TapTools' exit reflects the overall pressure on projects within the network. TapTools https://t.co/Z2EjQXUBKQ— Charles Hoskinson (@IOHK_Charles) June 2, 2026 He warned of a potential "wave of failures" in the second half of the year, affecting DeFi protocols and other startups due to unfavorable market conditions. The TapTools team added that they remain open to acquisition offers or external funding, which could allow the service to continue operations. Launched in 2022, the project was considered one of the key tools for monitoring tokens and activity in the Cardano ecosystem. In May, the Cardano Foundation canceled the Cardano Summit 2026 in Singapore after a treasury funding proposal failed to gain the necessary support in an on-chain vote.

blockonomi.com Cardano Foundation Partners With Brazilian Olympic Committee in Blockchain Push

TLDR: Cardano partners with Brazil Olympic Committee to deploy blockchain across sports governance. Three-year roadmap targets digital identity, fan engagement, equipment tracking, and governance. Pilot programs begin after executive workshops, focusing on verifiable athlete certifications. Public blockchain use aims to boost transparency, efficiency, and trust in sports institutions. The Cardano Foundation has entered a strategic [...] The post Cardano Foundation Partners With Brazilian Olympic Committee in Blockchain Push appeared first on Blockonomi.

bitcoinist.com Cardano Or Solana? Expert’s Top Pick After ADA, SOL Dip 10%

The broader crypto market pulled back as Bitcoin (BTC) briefly slipped below the $67,000 level on Tuesday, and that weakness quickly spread to other major chains. In the weekly timeframe, Solana (SOL) and Cardano (ADA) each recorded a 10% retrace.  Against that backdrop, market expert Anders Bylund of The Motley Fool published a fresh comparison […]

bitcoinist.com Cardano Conference Scrapped As Community Rejects Funding Proposal

The Cardano network has generated just $356,400 in transaction fees so far in 2026 — a sharp drop from the $8.35 million it recorded four years ago. That financial backdrop loomed large over the weekend when the Cardano Foundation announced it was canceling its annual Cardano Summit after failing to secure community approval for the […]

bitcoinist.com How The Likes Of XRP, Solana, And Cardano Could Make A Comeback With This New Crypto Bill

XRP, Solana (SOL), and Cardano (ADA) are among the few cryptocurrencies that analysts believe could be significantly impacted by the upcoming CLARITY Act crypto bill. Recent updates show that the bill is still moving through the approval process, with a Senate vote expected this June. If the legislation is passed, it could mark a major […]

bitcoinist.com Cardano Strengthens Cross-Chain Connectivity Across The Blockchain Ecosystem – What This Means For The Network

The blockchain space is broad and complex, but leading networks such as Cardano are navigating this dynamic sector. The network is witnessing one of its most significant moments this year as its connectivity to other chains notably improves, allowing for seamless operations for users. A Path For Cardano To Become Fully Connected Multi-Chain Following several […]

forklog.media Cardano Foundation Cancels 2026 Summit After Funding Vote Fails

The non-profit Cardano Foundation has canceled the Cardano Summit 2026 in Singapore after a proposal for treasury funding failed to gain the necessary support in an on-chain vote. Governance requires not only participation, but also a commitment to accept collective decisions. The Cardano community has spoken and we respect the outcome.Following the outcome of the Treasury proposal votes, the Cardano Foundation's proposed Cardano Summit 2026, will not…— Cardano Foundation (@Cardano_CF) May 30, 2026 The final initiative proposed allocating 7.8 million ADA — approximately $2 million — for the two-day event. This was a revised version of the proposal following community criticism. The Cardano Foundation stated that they reduced the budget by 22% and emphasized the ecosystem impact of the summit. Initially, the foundation, in collaboration with EMURGO, requested 14,076,539 ADA, or about $3.66 million, to host the Cardano Summit 2026 and for title sponsorship of the TOKEN2049 conference in Singapore, scheduled for October 5-8. The Cardano Summit and participation in TOKEN2049 were intended to strengthen the ecosystem's institutional presence in Asia. Singapore was chosen due to its status as a global financial hub. The Cardano Foundation warned that if the proposal was rejected, the summit would not take place, and the organization would focus on other, more limited initiatives for the corporate and institutional segments. After the vote concluded, the foundation confirmed this scenario. Approval for treasury fund withdrawal required about 66.67% of active DRep votes. According to publications on the voting process and its results, the proposal received around 65% support, falling short of the required threshold. Meanwhile, EMURGO's initiative for sponsoring TOKEN2049 was approved. The Cardano Summit website states that the foundation respects the community's decision, and EMURGO's proposal for participation in the October 7-8 conference passed the vote. Hours before the deadline, the Cardano Foundation and Cardano founder Charles Hoskinson urged DRep to support the revised proposal. However, this was insufficient for its approval. Network Metrics In the second quarter, Cardano's fee volume amounted to $764,953. By comparison, the decentralized exchange Hyperliquid generated over $195.67 million in fees during the same period. Source: DefiLama. The DeFi sector on Cardano also shows stagnation. The total value locked amounted to $130 million, which is hundreds of times less than Ethereum's. Source: DefiLama. Trading volume on the platform's largest DEX amounted to $66.51 million. Source: DefiLama. The number of active addresses decreased to approximately 13,500 (7 DMA). At its peak in November 2021, the figure approached 415,000. Back in February, Hoskinson reported unrealized losses exceeding $3 billion.

blockonomi.com Cardano Summit 2026 Canceled After Treasury Vote Falls Short of Supermajority

TLDR: The Cardano Summit 2026 was canceled after the treasury vote reached only 65.21%, missing the 66.67% supermajority required. A revised 7.8M ADA proposal replaced an original 14.07M ADA request, adding audited fund management and milestone-gated payments. Despite 135 DReps voting in favor versus 61 against, stake-weighted rules prevented the summit proposal from passing. EMURGO’s [...] The post Cardano Summit 2026 Canceled After Treasury Vote Falls Short of Supermajority appeared first on Blockonomi.

blockonomi.com Cardano (ADA) Made Early Believers Wealthy And Some Investors Think Ruvi AI (RUVI) Could Be the Next Opportunity

You watched the Cardano founder shut down a roughly 250 million dollar hospital venture this month, saying the closure would refocus effort on Cardano and Midnight. That is the headline: a leader closing a quarter-billion-dollar side project to refocus on the chain he already runs. ADA trades near $0.2421 this week.  Meanwhile the Ruvi AI [...] The post Cardano (ADA) Made Early Believers Wealthy And Some Investors Think Ruvi AI (RUVI) Could Be the Next Opportunity  appeared first on Blockonomi.

blockonomi.com This Top Coin Under $1 Could Deliver a 40x ROI in Under 2 Months; Surprisingly, It’s Not Cardano (ADA) or Dogecoin (DOGE)

While the broader market often remains fixated on the price action of established giants, a new contender is quietly rewriting the playbook for retail wealth generation. Little Pepe, trading under the ticker LILPEPE, has emerged as a formidable force in the sub-one-dollar category, positioning itself to potentially deliver a 40x return on investment in less [...] The post This Top Coin Under $1 Could Deliver a 40x ROI in Under 2 Months; Surprisingly, It’s Not Cardano (ADA) or Dogecoin (DOGE) appeared first on Blockonomi.

blockonomi.com Cardano (ADA) Holders Are Quietly Discovering Ruvi AI (RUVI) And Many Believe They’re Still Early

On-chain firm Santiment flagged that large Cardano wallets accumulated roughly 140 million ADA in recent weeks, while ADA trades near $0.2421 this week. Analyst Ali Martinez noted the same accumulation band and pointed to developer activity holding strong near 680 weekly commits across more than 80 repositories.  CoinCodex models a $0.38 mid-2026 target if momentum [...] The post Cardano (ADA) Holders Are Quietly Discovering Ruvi AI (RUVI) And Many Believe They’re Still Early  appeared first on Blockonomi.

bitcoinist.com Cardano (ADA) Ecosystem Growth Fuels Strong Increase In Staking Activity

Investors’ confidence and interest in Cardano (ADA) and its network capabilities are rising sharply, particularly in the staking sector. While the price continues to face downside pressure, ADA is experiencing a significant increase in staking activity, a trend that allows for a more secure blockchain. Staking Activity On Cardano Accelerates Without a doubt, staking operations […]

blockonomi.com Cardano Whales Accumulate ADA as TVL Falls Below $125M

TLDR Cardano whales increased their holdings to 25.11 billion ADA despite the token’s sharp yearly decline. Santiment said millionaire ADA wallets now control 67.5% of the total Cardano supply. ADA has lost more than 70% in the past year and remains below the $0.25 resistance level. DeFiLlama data shows Cardano’s TVL has dropped below $125 [...] The post Cardano Whales Accumulate ADA as TVL Falls Below $125M appeared first on Blockonomi.

bitcoinist.com Hoskinson Says Failed Wyoming Clinic Refocused Him On Cardano And Midnight

Charles Hoskinson said the closure of his family-backed Wyoming medical clinic has reinforced where his attention now belongs: Cardano, Midnight and the crypto ventures where he believes he has the most direct agency. In a May 27 livestream, the Cardano founder gave an detailed account of why the Gillette, Wyoming clinic is being shut down, […]

bitcoinist.com Hoskinson Says This Cardano App Could Become Crypto’s Most-Used By 2030

Charles Hoskinson said Midnight.city, the interactive simulation tied to Cardano’s privacy-focused Midnight ecosystem, is preparing for a new beta-testing phase that he believes could put it on a path to become crypto’s most-used application by 2030. The Input Output founder framed the next version of Midnight.city as more than a product test. In a post […]