Analysis Crypto by Thebittimes.Com

The Cardano price plunged 4% in the last 24 hours to trade at $0.898 as of 9:29 p.m. EST even as its founder says it is going to “break the internet.” ADA founder Charles Hoskinson made the comment in a Sept. 19 post on X, sparking widespread discussion across social media. Cardano is going to break the internet — Charles Hoskinson (@IOHK_Charles) September 19, 2025 X user Sturgis Steel said there was too much focus on what the comments mean for Cardano’s price, while Hoskinson was, he claimed, referring to technology. “Listen to a few of his live streams what he’s building is useful, this is what he’s referring to,” he said.` He’s not hinting at the price going up with this comment. He’s simply saying the technology is going to be utilized everywhere.” Another user sarcastically said ”Cardano can’t even break resistance,” while another amended Hoskinson’s post to make it read, ”Carda...

The macro-financial landscape remains to be quite turbulent owing to the collapse of three well-reputed banks. As a result, investors and depositors have already started following the risk-aversion drill. In fact, even stalwarts of the cryptocurrency ecosystem have also been advocating the same. Tweeting on similar lines recently, Cardano founder, Charles Hoskinson said, “Crypto needs to de-risk itself from those unstable and volatile Banks .” Furthermore, a user went on to highlight the need of having a decentralized crypto bank at this stage. Reverting back, the Cardano founder claimed that it would be “game over” for banks when treasuries are digitized. The moment we can digitize treasuries, it's game over for Banks — Charles Hoskinson (@IOHK_Charles) March 15, 2023 Also Read: HSBC, Deutsche Bank, Santander ‘Willing’ To Cater To Crypto Clients In fact, Cathie Wood also tweeted about the instability in the banking system and how crypto networks remained unaffect...

Not much has changed for the crypto markets in October 2022. Bitcoin began trading at $19,300 at the start of the month and three weeks later on Tuesday, BTC remains at $19,300. The king crypto has failed to deliver profits to investors due to the bearish market conditions. The markets are moving up at a snail’s pace but slipping rapidly to new weekly lows in the indices. The crypto markets are not favoring long-term holders as the price of the majority of tokens is heading south. On the other hand, the markets are not favoring day traders too, as top crypto s are trading on the razor’s edge with no room for volatility. Also Read: 3 Cryptos That Lost Their ‘Way’ in 2022 Compared to 2021 The Top 3 Cryptos To Watch Out For During the Last Week of October 2022 1. Cardano (ADA) Source: Solodev.com Cardano founder Charles Hoskinson tweeted on Monday teasing the ADA community about an upcoming development. The unknown development is scheduled to be announced...