English < Article List - DigitalToday

Search results for Cardano

Crypto

Cardano down 75 percent, but analyst says $4 possible in next bull market

Cardano has given back most of its earlier gains after a sharp drop, but some analysts say its long-term weekly chart still leans bullish. One analyst said investors are missing an opportunity by focusing on short-term volatility. The analysis points to a bullish cup pattern and a multi-year trading range that has held since 2022. Price targets cited include $1.01 and, in the next bull market, about $4, provided support near $0.235 holds.

Crypto

Charles Hoskinson says quantum computers likely to be commercialised before 2033, need to prepare now

Charles Hoskinson, founder of Cardano (ADA), warned there is more than a 50 percent chance quantum computers will pose a practical threat to cryptocurrencies before 2033. He said the risk should be treated as a near-term technical deadline. Cardano is pushing a shift to lattice-based cryptography and plans to reflect U.S. NIST post-quantum standards, including FIPS 203 to 205. Similar preparations are under way at Solana.

Crypto

Coinbase adds SOL-backed onchain loans of up to $100,000

Coinbase has added Solana-backed onchain loans, allowing users to deposit their SOL and borrow up to $100,000. The loans use the same structure as Coinbase’s existing crypto-collateral lending, which links to Morpho on Base, The Block reported. Coinbase said the SOL addition is aimed at making the platform more suitable for Solana trading and custody. Since launch last year, cumulative loans have exceeded $2.3 billion.