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In several days, the Cardano price has been able to grow significantly again. Overall, network sentiment has improved following the first quarter of 2023 increases. The ADA price has witnessed significant growth, particularly at the start of the year. Furthermore, a large number of whales are presently investing in Cardano. Can the Ethereum killer get new traction in the approaching bull market?

Ethereum Killer: ADA/USD Weekly chart showing the price GoCharting

In the first quarter of 2023, the Cardano (ADA) price rebounded. The price of the ADA token plummeted dramatically in the fourth quarter of 2022. The rate was barely $0.24 by the end of 2022. Cardanos price was able to jump to $0.39 in January.

Cardanos price has returned to $0.30 after dipping in late February and early March. However, in the previous two to three weeks, the Cardano price has been able to stably grow again, reaching above $0.40 in recent days.

Last years steep losses were caused by more than just the bear market. Investors have been disappointed more than usual in recent months due to a paucity of applications in the field of decentralized financial services (DeFi). The Cardano blockchains Total Locked Value (TLV) has not risen as rapidly as planned.

Cardano may not become a viable alternative to Ethereum due to a lack of applications. Furthermore, many criticize Cardanos cautious development, which does not provide unexpected advances as rapidly as planned.

Cardano was widely regarded as the most well-known Ethereum killer for a long time. The Cardano blockchains advantages over theEthereum blockchainshould guarantee that the network becomes the more appealing foundation for decentralized apps. However, Cardano has not always followed this path.

Cardano may develop a large number of applications as a result of the bull market that may occur following Bitcoins halving in 2024. Numerous whales, including the well-known Grayscale fund, are similarly bullish on the future and have lately increased their holdings of the ADA coin.

Cardano, also known as ADA, has been dubbed by some as the Ethereum Killer due to its potential to rival Ethereums dominance in the smart contract and decentralized applications (dApps) space. While Cardano has not yet achieved the same level of success as Ethereum, it has been making significant strides in recent years and has been gaining momentum in the cryptocurrency market.

One of the key factors that could lead to Cardanos success in the next bull market is its unique approach to blockchain technology. Cardano uses a proof-of-stake (PoS) algorithm, which is considered to be more energy-efficient and scalable. This means that Cardano can process more transactions per second and can handle a larger volume of users compared to Ethereum, which has been struggling with scalability issues.

Another advantage that Cardano has over Ethereum is its focus on academic research and peer review. Cardanos development is led by IOHK, a blockchain research and development company that is comprised of a team of scientists and engineers with a strong academic background. This academic approach has led to a more rigorous and systematic development process, which has resulted in a more stable and secure blockchain.

Furthermore, Cardano has been making significant progress in its development roadmap. The project is currently in the Goguen phase, which focuses on the development of smart contracts and dApps. This phase includes the launch of the Plutus programming language and the Marlowe financial modeling language, which will allow developers to create complex smart contracts and dApps on the Cardano blockchain.

In addition to these technical advantages, Cardano has also been gaining traction in the cryptocurrency market. The project has a strong community of supporters, and its market capitalization has been steadily increasing. As of April 2023, Cardano is the third-largest cryptocurrency by market capitalization, behind Bitcoin and Ethereum.

Of course, there are still challenges that Cardano will need to overcome in order to become a true Ethereum Killer. Ethereum has a significant head start in terms of adoption and ecosystem development, and it remains to be seen whether Cardano can catch up. In addition, there are other competitors in the smart contract and dApp space, such as Solana, Binance Smart Chain, and Polkadot, that are also vying for market share.

There are currently many good exchanges that offer to trade and hold ADA. Heres a list of known exchanges that are currently in good standing:

On the other hand, it is always safer to hold your own coins in your own offline wallet. We suggest using aLedgeror aTrezorwallet.

While there is no guarantee that Cardano will become the Ethereum Killer in the next bull market, the project has several advantages that could make it a serious contender. Its focus on academic research, PoS consensus algorithm, and development roadmap all bode well for its prospects. Ultimately, the success of Cardano will depend on its ability to attract developers and users to its platform and to build a thriving ecosystem of dApps and services.

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Cardano's Comeback: Is the Ethereum Killer Ready to Dominate the ... - CryptoTicker.io - Bitcoin Price, Ethereum Price & Crypto News

EOS price has done well in the past few days as investors wait for the upcoming launch of its Ethereum Virtual Machine (EVM) version. The coins price jumped to a high of $1.2738, the highest level since March 4 of this year. In all, the coin has jumped by over 30% from the lowest level in March.

There are three main reasons why EOS has jumped sharply in the past few weeks. First, as I wrote here, EOS announced that it will launch its EVM soon. An EVM is the computation engine for Ethereums network. In simple terms, it is the software that enables smart contracts functionality in Ethereum. As such, it enables interoperability in the ecosystem.

In a statement, the developers said that the EVM was around the corner after they launched the final testnet before the beta. The mainnet beta will be launched on Friday of this week.

As part of this rollout, the developers updated the tokenomics of the platform. Some of the top aspects of EVM tokenomics are that it will have increased utility through the use of EOS as the native token.

Further, there will be a trustless bridge that will allow EOS to be seamlessly transferred from EOS native to EOS EVM. Also, there is an upcoming burn mechanism that will burn all profits collected from running the RPC endpoints.

Read more: How to buy EOS.

Second, like other cryptocurrencies, EOS price has jumped because of the strong performance of Bitcoin and their cryptocurrencies. BTC price has held quite well above $30,000 while Ethereum moved above the resistance point at $2,0000 on Thursday. In most periods, these coins tends to have a close correlation with each other.

Finally, this rally is also because of the view among traders that the Federal Reserve will start going slow on rate hikes after its minutes warned of a recession. Data published also showed that the countrys inflation was falling.

The 4H chart shows that the EOS price has been in a strong bullish trend in the past few days. It managed to move above the important resistance level at $1.2532, the highest point this month. The coin has also moved above the 25-day and 50-day moving averages.

Therefore, EOS will likely continue rising as buyers target the important resistance at $1.3414, the highest point in March. This price is about 7% above the current level.

Link:

EOS Price Prediction Ahead of the EVM Beta Launch - BanklessTimes

In the latest updated Grayscale fund weightings, Cardano fared marginally better over the prior quarter with 28.13%. demonstrating a more robust presence in its GSCPxE Fund [Smart Contract Platform Ex-Ethereum Fund].

The worlds largest digital currency asset manager announced the first quarter of 2023 rebalancing in three funds- Grayscale Digital Large Cap Fund [GDLC], Grayscale DeFi Fund [DEFG], and Grayscale Smart Contract Platform Ex-Ethereum Fund [GSCPxE Fund].

A year ago, Grayscale Investments introduced the cryptocurrency fund for smart contract platforms excluding Ethereum [GSCPxE Fund], highlighting the growing interest among investors in alternative blockchain networks.

The Grayscale Smart Contract Platform Ex-Ethereum Fund, also known by the ticker symbol GSCPxE, is the asset managers 18th investment offering. The fund provides exposure to seven smart contract platforms which are the following:

Cardano [ADA], Solana [SOL], Avalanche [AVAX], Polkadot [DOT], Polygon [MATIC], Algorand [ALGO], and Stellar.

The surge of Cardano in Grayscale GSCPxE Fund investment demonstrates the layer 1 blockchains growing significance in the burgeoning smart contract ecosystem.

However, Cardano saw a small decline in the Grayscale Digital Big Cap Fund, with its share dropping from 1.86% in Q4 2022 to 1.69% in Q1 2023.

After undergoing a significant upgrade in September 2022 and incorporating smart contract functionality, the networks development continued to expand through 2023.

TheVasil hard fork, in question, paved the way for the rapid development of Plutus Scripts, a Cardano-based smart contracts platform. In just a few months since its launch in Sept, the number of smart contracts using Plutus reach 5,000.

At present, the figures crossed 5200 as per data provided by Cardano Blockchain Insights.

On the price front, ADA is exchanging hands at $0.38, down by 2% in the past day at the time of writing. The market cap of the 7th-ranked asset stood at $13.2 billion. Despite its dull price action, whalesremain bullish on the token continuing to fill their bags.

Overall, the crypto community is anticipating ADAs price to drop as a new feature on Milkomeda, Cardanos EVM layer is touted to allow users access to Ethereum Virtual Machine [EVM] smart contracts using ADA wallet.

Recently, Cardano founder Charles Hoskinsonaddressed concerns about the blockchains delayed updates. Refer here for more details.

Excerpt from:

Cardano Maintains Robust Position In Grayscale's Updated Fund - TronWeekly

As the SEC vs Ripple case continues to drag on further, experts have shared their opinion regarding what merits this case holds. Much recently, Ripple CEO Brad Garlinghouse stated that no one really cares about the SEC suing Ripple outside of the global markets.

As we know, Ripple offers solutions like RippleNet and XRP-based instant settlements to its partners across the globe. Using its solutions Ripple facilitates low-cost instant cross-border transactions by leveraging the power of blockchain technology.

In his recent interview, Garlinghouse stated that governments across the globe like Switzerland, Singapore, Abu Dhabi, the UK, Japan, and others have provided clarity on how they view digital assets. Garlinghouse has previously stated that the US has been lacking majorly in providing clarity over digital assets.

In another development, a banking law expert Todd Phillips said that the Howey Test isnt the best way to judge whether an asset classifies as a security or not. You also need a contract, post-sale legal obligations, and the right to share profit. If this becomes the test, then crypto assets are most likelycommodities, giving the [Commodity Futures Trading Commission (CFTC)] jurisdiction, he said.

Phillips also added that using the Howey Test will not be useful to the SEC in terms of regulating the crypto industry, and will have much wider implications. If the SEC loses to this [argument], it could affect the SECs authority over non-crypto assets. Idk how deep a cut that would be, but the SEC wouldnt be happy. Anyway, my guess is this is the argument Coinbase will use when the SEC sues it, and imo that case, is going to [the Supreme Court of the US (SCOTUS)], he added.

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Despite all the legal hurdles that Ripple has been facing in recent times, Ripple has continued to expand its services Currently, Ripple is on an expansion plan and seeks to hire Product Managers for its Product and Delivery as well as the RippleX departments. The company has nearly 78 job openings across different departments. In its recent tweet, Ripple said that it is looking for innovative and zealous talent.

On the other hand, crypto whales have been accumulating more and more XRP tokens amid the latest developments taking place on the XRP Ledger (XRPL). In one of its recent announcements, Ripple unveiled a new proposal dubbed Hooks.

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Ripple added that Hooks is a proposal that will add smart contracts-like functionality to the XRP Ledger. It will be a Layer-1 custom code deployed to influence the behavior and flow of transactions.

As per the data from WhaleAlert, crypto whales have added more than 146 million XRP (approx worth $77 million) over the last 24 hours.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

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Ripple: Outside of the US nobody cares about SEC's stand about ... - Crypto News Flash

A friend's mum died last week. She told me "I had no idea there would be so much paperwork."

When you're grieving, the last thing you want to do is deal with documentation, legalese, and people trying to shill you the ephemera that comes with funerals, like financially inflated coffins.

You might not want a funeral, much less a conventional burial. And then, there's the question of how you deal with digital assets, like social media, photo albums, neobanks, and crypto.

Fortunately, startups are here to help.

Guardian Angel (UK)

Guardian Angel was founded in 2017 to help people proactively plan for their death. The company has created a credit score for death, which tells customers how prepared they are for death and points out which insurance, legal and financial actions they can take to be better prepared.

It also has developed a support hub with private online communities for bereaved families and friends to get help, share memories and streamline communication in one place.

Guardian Angel raised $2.1 million in a seed round and was acquired by Octopus Group in December 2022.

Lemons Life (UK)

Have you written a will? I spoke to founder Alex Delaney who calls herself "the bossy death fairy". She founded Lemons.life after the death of her husband suddenly aged 34. Neither had written a will.

Dealing with complicated admin while coping with grief was a sour experience. So she partnered with experienced solicitors to help you write your will online or get an LPA.And it only costs 90 and takes about 20 minutes. It's cheaper and quicker than writing a will in person. (Stay tuned for an interview with Alex Delaney tomorrow).

Safe Haven/Inheriti (Brussels)Digital inheritance will be the hand-me-downs of the future. The blockchain crypto-space is young, both in age and investor demographic. With it comes a lack of concern regarding the loss of digital assets due to unforeseeable circumstances.

There's also the issue of an investor's lack of confidence with sharing a private key with heirs. Storing this information insecurely could lead to physical loss, theft, or even manipulation of assets.

Remember when crypto shyster Gerald Cotten died, taking the company password with him?

Inheriti aims to protect a deceased or incapacitated person's digital legacy and ensure their family/stakeholders can obtain access when necessary. A combination of blockchain, smart contracts, and patented hardware offers a significant safeguard to your loved ones' inheritance.

Settld (UK)Launched in 2021, startup Settld enables members of the public to notify a death to over 950 market-leading service providers across the UK, from banks and insurers to energy firms, mobile providers, subscription services, social media platforms and others.

Settld's free online service also helps users close, transfer or amend accounts and obtain date-of-death balances for probate.

Settld has raised 685K in funding over three rounds.

Closure (Netherlands)Closure, headquartered in the Netherlands, offers a service to cancel subscriptions, contracts and accounts of a deceased person.

It verifies a death certificate using its AI-driven software. Then a standardised 'first-time-right' notification is generated and transferred to the organisations.

The company has raised 1.8 million in funding over two rounds, most recently raising 1.5 million in July 2022 from a Series A round.

Tyde (UK)I'm sure I'm not the only person who doesn't want to visit a funeral parlour and deal with undertakers, and coffins. Tyde allows you to arrange a tailored funeral online from home.

Once you've made your arrangements, an online portal is available to complete the required paperwork. You can also create an online obituary, publish funeral details, and collect donations.

Tyde's transparency is significant. Unlike other funeral directors, it doesn't mark up product prices, meaning you get the fairest price on coffins, flowers and even the crematorium. Instead, it charges a fixed fee for its services, and that's it.

Life! (France)Life! is a company with a find-a-funeral director online platform, comparing services and prices within local regions in France.

Company founder Lilian Delaveau also envisions Requiem Code, a QR code app that personalises graves by displaying memories of the deceased person in AR when put on a tombstone. QR codes have been used in remembrance Asia.

Plotbox (Ireland)Plotbox brings burial-plot-as-a-service to B2B with its cloud-based death care management solution that supports cemeteries, funeral homes, and crematories.

It combines software to create infrastructure, such as a funeral director management portal and mapping using GPS and drones.

The company has raised $6.5 million in funding over seven rounds.

Bios Urn (Spain)

Bios Urn offers a greener alternative to a cremation urn that sits on the mantelpiece (who has a mantlepiece anyway?). Founded in 2013, it developed the world's first plantable sustainable urn. Each urn is biodegradable and plantable, with a capsule compartment to add a seed or seedling of your choice.

For those without a garden, never fear. There's also Bios Incube Lite, a container garden product that allows you to grow a tree using the remains of a loved one right in your own home.

Urns can be ordered for both humans and pets.

Capsula Mundi (Italy)Capsula Mundi offers human composting. The company has created an egg-shaped pod which is completely biodegradable, which the loved one is placed inside after they have died. The pod is buried with a seed that will grow into a tree.

Unlike a conventional cemetery, the trees are unmarked but plotted on a GPS system.

However, the company has hit several regulatory hiccups in Europe, where it's currently illegal to bury a body in an egg-shaped pod.

There's also the matter of ensuring that soil, water, and the local environment are not affected by any chemicals that leak from the body. Therefore, Capsula Mundi can only offer biodegradable urns in Europe at this point.

It may have more luck in the US, where a lack of explicit laws make home burials legal by default in many cities, provided you factor in zoning, the impact on home resales, and the contamination aspect. California, Washington, Colorado, Vermont, and Oregon have legalised human composting.

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Beyond the grave: How deathtech startups are transforming what ... - Tech.eu