Cardano's Impressive Leap Forward... In a turn of events for the Cardano network and its enthusiasts, 2023 was a year marked by monumental growth and innovation. With its Total Value Locked (TVL) skyrocketing by an astounding 693% year-over-year and a significant 166% quarter-over-quarter increase, Cardano's ecosystem has not just expanded; it's exploded. This remarkable surge catapulted Cardan...
Covered Topics: - Total Value Locked on Cardano - Engagement Metrics - dApp Ecosystem - Stablecoin Market - Staking - Regulatory Uncertainty Cardano's Impressive Growth and Challenges in Q2 2023: In the dynamic world of cryptocurrency, Cardano has made substantial strides thus far in 2023. The Total Value Locked (TVL) in USD surged by a remarkable 9.7% QoQ, and an astonishing 198.6%...
Covered Topics: - Cardano TVL ✅ - Recommended Dex's ✅ - Recommended Lending/Borrowing ✅ - Top Protocols on the Cardano Blockchain ✅ _______________________________________________ Cardano's Total Value Locked (TVL): Why is Total Value Locked important? The cryptocurrency market is almost evolving, with investors seeking valuable insights to assess risks and potential benefits. One ...
BlackRock, the largest asset management fund in the world, has boldly submitted its application for a spot Bitcoin ETF. Buckle up for an explosive shift in the financial markets once this is likely approved (BlackRock boasts an impressive record of 575-1 regarding ETF applications). In a resounding affirmation of Bitcoin's immense potential, BlackRock has chosen none other than Coinbase Custody...
Investing in cryptocurrencies can be challenging, especially when it comes to evaluating their actual value and utility. The cryptocurrency market is now saturated with meme coins, which are highly speculative and often lack real value. This makes it even more difficult for investors to identify which cryptocurrencies are worth investing in. The Cardano Community has certainly witnessed it's share...
Staking is a fascinating and potentially lucrative concept in the world of cryptocurrency. For those who are just starting to learn about staking, the basic idea is simple: by holding certain cryptocurrencies, you can earn rewards over time. However, there's a lot more to it than that, and understanding how and why staking works can give you a deeper appreciation for the technology behind it. ...
Active ADA Addresses Quadrupled in The month of November to 216,072 active addy’s According to CryptoCompare’s recent Asset Report, in October there were 50,506 active addresses on the Cardano blockchain, while in November there were a total of 216,072 active addresses. ( https://www.cryptoglobe.com/latest/2021/12/cardano-active-ada-addresses-quadrupled-in-november-report-reveals/amp/ ) ...
BTCvsETHvsADA Bitcoin (BTC) is a Generation 1 Blockchain. Essentially a store of value and nothing more than P2P. It’s digital gold, a Proof-of-Work algorithm. Society deems its value, it can also be worthless. "...sell me the value of this pen." Ethereum (ETH) is a Generation 2 Blockchain, is programmable and used for digital currency and trading but also as a platform whe...
Lace Wallet was extremely straightforward. It took me about 5 minutes to get set up and it was very easy to navigate. I loved the fact that you could create multiple wallets, inside of a single wallet address. I was able to stake my funds easily and they had a wide range of stake pools to choose from. If I had any questions at all, they have a FAQ tab on the right side of the page with a great dea...