Author

Daniel Friedman

Daniel Freedman writes about the Cardano ecosystem as it is used: the DeFi protocols, the stablecoins, the exchanges and the markets for ADA. He compares Cardano's numbers with other chains without sentiment either way, and says what would change his mind.

NewsADA Falls Nearly 6% as Cardano’s Market Value Slips to $7.2 Billion

ADA Falls Nearly 6% as Cardano’s Market Value Slips to $7.2 Billion

ADA drops nearly 6% to $0.19 as Cardano’s market value falls to $7.2 billion, with $470.5 million in volume raising questions about market-wide weakness, liquidity and trader positioning.

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NewsCardano’s $0.139 Shock: ADA Slides to Its Weakest Level Since 2020 as SecondFi Exploit Deepens the Crisis

Cardano’s $0.139 Shock: ADA Slides to Its Weakest Level Since 2020 as SecondFi Exploit Deepens the Crisis

Cardano has entered one of the darkest stretches in its market history. ADA briefly fell to about $0.139, its weakest level since the 2020 cycle, extending a brutal decline that has erased more than 95% of the token’s value from its 2021 peak. The selloff was already painful before the latest securi

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NewsSecondFi Hack Exposes Cardano Wallet Risks as Team Secures 129 Million ADA

SecondFi Hack Exposes Cardano Wallet Risks as Team Secures 129 Million ADA

A major security incident involving SecondFi has sent shockwaves through the Cardano ecosystem, with approximately 16 million ADA reportedly stolen while emergency measures helped secure an additional 129 million ADA before attackers could drain affected wallets. The incident has drawn particular at

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NewsCME’s New Crypto Index Future Is Not Just Another Bitcoin Product

CME’s New Crypto Index Future Is Not Just Another Bitcoin Product

CME has spent years giving institutions regulated ways to trade crypto without touching the coins themselves. First came bitcoin futures. Then ether. Then smaller contracts, options, and a gradually expanding digital asset suite. Now the exchange is moving into a broader phase: a single futures prod

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NewsTapTools Is Winding Down, and Cardano Is Facing the Hard Truth About Crypto Infrastructure

TapTools Is Winding Down, and Cardano Is Facing the Hard Truth About Crypto Infrastructure

The closure of TapTools is not just another sad announcement from a crypto startup that ran out of runway. For Cardano, it lands deeper than that. TapTools was one of the ecosystem’s most recognizable analytics platforms: a place where users tracked tokens, projects, portfolios, market data, NFTs, o

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NewsCardano Steps Onto the Olympic Stage With Brazil’s Blockchain Innovation Push

Cardano Steps Onto the Olympic Stage With Brazil’s Blockchain Innovation Push

The Olympic Games have always been a showcase for human performance, national ambition, and technological progress. From timing systems accurate to thousandths of a second to biometric training tools and AI-assisted broadcasting, sport has never stood still. Now, Brazil’s Olympic movement is prepari

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NewsThe Sunset of JPG Store: What Cardano’s Biggest NFT Marketplace Collapse Really Means

The Sunset of JPG Store: What Cardano’s Biggest NFT Marketplace Collapse Really Means

The announcement landed with the quiet weight of inevitability, but its implications are anything but small. After years of serving as the beating heart of Cardano’s NFT economy, JPG Store is shutting down. Alongside it, Comet, its companion platform, will also go offline, marking the end of one of the

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EcosystemCardano Enters the ETF Arena: Inside CRDD and the Institutionalization of ADA

Cardano Enters the ETF Arena: Inside CRDD and the Institutionalization of ADA

The evolution of crypto into mainstream finance is no longer theoretical: it is actively unfolding across capital markets. One of the latest signals comes in the form of CRDD, an exchange-traded product tied to Cardano, quietly positioning itself as a bridge between traditional investors and one of t

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NewsMidnight Network Goes Live: The Blockchain That Finally Reconciles Privacy With Proof

Midnight Network Goes Live: The Blockchain That Finally Reconciles Privacy With Proof

For years, the crypto industry has wrestled with a paradox it could never quite resolve: how do you build systems that are both transparent and private at the same time? Public blockchains made everything verifiable, but also exposed. Privacy-focused chains obscured data, but often at the cost of trus

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NewsMonument’s Quiet Revolution: How Tokenized Deposits Could Redefine Retail Banking

Monument’s Quiet Revolution: How Tokenized Deposits Could Redefine Retail Banking

In a financial industry obsessed with headlines about volatile tokens and speculative trading, a quieter transformation is taking shape, one that could fundamentally alter how everyday banking works. The recent partnership between Monument and Midnight Foundation signals something far more consequent

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NewsCardano Steps Into the Checkout Line: ADA Payments Arrive at 137 Swiss SPAR Stores

Cardano Steps Into the Checkout Line: ADA Payments Arrive at 137 Swiss SPAR Stores

The long-promised vision of cryptocurrency as everyday money has often stumbled at the final hurdle: the checkout counter. While blockchain ecosystems continue to evolve at breakneck speed, the simple act of paying for groceries with crypto has remained more novelty than norm. That narrative may be

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NewsWhy USDC on Cardano Cannot Be Frozen, And What That Means for the Future of Stablecoins

Why USDC on Cardano Cannot Be Frozen, And What That Means for the Future of Stablecoins

Stablecoins were designed to bring the stability of traditional currencies into the world of cryptocurrency. But one critical question continues to divide the blockchain industry: who actually controls those dollars once they are tokenized? The answer depends heavily on the blockchain where the stab

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NewsUSDCx Lands on Cardano: $5 Million Minted on Day One, And Whispers of a Major Liquidity Player

USDCx Lands on Cardano: $5 Million Minted on Day One, And Whispers of a Major Liquidity Player

Cardano may be on the verge of its most consequential stablecoin expansion yet. USDCx, a bridged or wrapped variant of USDC, is preparing to launch on the network, and early signals suggest this is not a soft rollout. Today alone, $5 million worth of USDCx was minted ahead of its broader deploymen

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NewsMoneyGram Joins Midnight as Federated Node Operator, A Quiet Shift With Big Implications for Crypto Infrastructure

MoneyGram Joins Midnight as Federated Node Operator, A Quiet Shift With Big Implications for Crypto Infrastructure

The next phase of blockchain adoption won’t be driven by memes. It will be driven by infrastructure. In a move that flew under the radar for casual observers but carries serious structural weight, MoneyGram is joining Midnight Network as an initial federated node operator ahead of the network’s main

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NewsAltcoin Carnage: How Deep the Bear Market Has Cut Into Crypto’s Former High Flyers

Altcoin Carnage: How Deep the Bear Market Has Cut Into Crypto’s Former High Flyers

Every bull market feels permanent while it lasts. Narratives compound, liquidity expands, and all-time highs begin to look like stepping stones rather than peaks. But bear markets do not simply reverse price action, they expose structural weakness, speculative excess, and the brutal mathematics of

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EducationCardano’s 75-Day ETF Shortcut: When Could ADA Get a Spot ETF, and Will the SEC Approve It?

Cardano’s 75-Day ETF Shortcut: When Could ADA Get a Spot ETF, and Will the SEC Approve It?

The SEC may not have approved a Cardano ETF, but it has quietly made one possible sooner than most expected. A structural shift in U.S. ETF listing rules has potentially shortened the timeline for a spot Cardano ETF from the traditional 240-day review cycle to roughly 75 days. That doesn’t mean app

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NewsMidnight Network Set for March 2026 Debut as Privacy-First Blockchain Gains Traction

Midnight Network Set for March 2026 Debut as Privacy-First Blockchain Gains Traction

Privacy is back at the center of the crypto conversation, but this time, it’s not about ideological debates. It’s about infrastructure. Midnight Network, a privacy-focused blockchain designed to bring confidential smart contracts to regulated markets, is officially targeting a mainnet launch in Mar

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EcosystemCME Group Expands Crypto Futures: Cardano, Chainlink, and Stellar Join the Lineup

CME Group Expands Crypto Futures: Cardano, Chainlink, and Stellar Join the Lineup

The CME Group, a global leader in derivatives markets, has taken another major step into digital assets. In a move signaling growing institutional demand for crypto diversification, CME has officially launched futures contracts for Cardano (ADA), Chainlink (LINK), and Stellar Lumens (XLM). This expa

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EcosystemGrayscale’s Strategic Swap: ADA Out, BNB In, What It Really Means

Grayscale’s Strategic Swap: ADA Out, BNB In, What It Really Means

In a notable recalibration of institutional crypto exposure, Grayscale Investments recently removed Cardano’s ADA from its Grayscale CoinDesk Crypto 5 ETF (GDLC) and added Binance Coin (BNB) in its place. This move comes as part of the fund’s regular quarterly rebalancing, which is governed by the r

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NewsCardano Bets on USDCx: A Strategic Push to Solve Its Stablecoin Problem

Cardano Bets on USDCx: A Strategic Push to Solve Its Stablecoin Problem

In a calculated move to boost liquidity and attract more decentralized finance (DeFi) activity, Cardano is set to integrate USDCx, a variant of the widely used USDC stablecoin issued by Circle. This partnership represents a strategic pivot for both Cardano and Circle: one aiming to close its liquidi

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NewsNearly 1 Billion Telegram Users Are About to Get Fully Private AI Agents

Nearly 1 Billion Telegram Users Are About to Get Fully Private AI Agents

In a major leap for privacy-focused artificial intelligence, Telegram, the messaging platform with over one billion monthly active users, is preparing to roll out fully privacy-preserving AI agents through a new strategic partnership that promises to reshape how people interact with bots and smart

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EcosystemProShares Files for First-Ever Cardano $ADA Futures ETF: What This Means for the Crypto Market

ProShares Files for First-Ever Cardano $ADA Futures ETF: What This Means for the Crypto Market

Just when narratives around regulation and institutional adoption seemed stuck in neutral, the crypto world was jolted by fresh news: ProShares, a veteran ETF issuer best known for launching the first Bitcoin and Ether futures ETFs, has filed for a Cardano ($ADA) futures exchange‑traded fund in the

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EcosystemCME Expands Crypto Derivatives Empire with ADA, LINK, and XLM Futures: Altcoin Season Reloaded

CME Expands Crypto Derivatives Empire with ADA, LINK, and XLM Futures: Altcoin Season Reloaded

Institutional money is eyeing more than just Bitcoin and Ethereum, and now, the world’s largest derivatives exchange is giving it the tools to dive deeper. Come February 2026, Cardano, Chainlink, and Stellar will join the elite roster of CME-listed crypto assets. Altseason just got a serious shot i

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NewsCrypto Comes Home: DZ Bank’s “meinKrypto” Signals Europe’s New Era of Institutional Adoption

Crypto Comes Home: DZ Bank’s “meinKrypto” Signals Europe’s New Era of Institutional Adoption

A New Chapter for German Banking In a move that underscores how deeply cryptocurrencies are now embedded in the fabric of global finance, Germany’s second-largest financial institution, DZ Bank, has received official regulatory approval under MiCAR (Markets in Crypto-Assets Regulation) to operate it

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NewsAI Isn’t Just a Boost: It’s a Bomb in the Crypto Stack

AI Isn’t Just a Boost: It’s a Bomb in the Crypto Stack

The tech world loves to panic about quantum. It makes for a great headline: “Quantum computers will break crypto.” But the truth is quieter, more manageable. We already know how to harden systems against quantum attacks. Post-quantum cryptography exists. Migration paths are mapped out. Yes, there&#8

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NewsTrump Declares the Financial System Has Peaked: A Crypto-Driven Era Is Coming

Trump Declares the Financial System Has Peaked: A Crypto-Driven Era Is Coming

In a striking declaration that’s already igniting debate across economic, political, and crypto circles, former U.S. President Donald Trump announced that the existing financial system has “reached its limits” and that a new, blockchain-powered era is inevitable. Calling the coming transformation “t

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EcosystemCardano (ADA) Joins Nasdaq’s Crypto Index Portal: A New Milestone for Institutional Visibility

Cardano (ADA) Joins Nasdaq’s Crypto Index Portal: A New Milestone for Institutional Visibility

Nasdaq has officially added Cardano (ADA) to its growing crypto index portal, marking a significant moment in ADA’s journey toward broader institutional recognition. While the move doesn’t mean ADA is being listed on a traditional stock exchange, it does signal that one of the world’s most important

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NewsGoogle Cloud Is Running a Cardano Pool, But the Real Target Might Be Midnight

Google Cloud Is Running a Cardano Pool, But the Real Target Might Be Midnight

Earlier this week, eagle-eyed Cardano community members spotted something intriguing on the testnet: a stake pool operated by Google Cloud. While it hasn’t been officially announced by either party, on-chain records confirm that Google Cloud is actively running infrastructure on Cardano’s test netwo

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NewsSolana Surpasses Ethereum in Grayscale’s Smart Contract Fund: Cardano Holds Strong in Third

Solana Surpasses Ethereum in Grayscale’s Smart Contract Fund: Cardano Holds Strong in Third

In a move that’s causing waves across the blockchain investment landscape, Grayscale has officially placed Solana (SOL) ahead of Ethereum (ETH) in its updated Smart Contract Platform Ex-Ethereum Fund, based on portfolio weighting. As of January 6, 2025, Solana commands 29.55% of the fund, overtaking

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NewsMidnight Rises: Cardano’s NIGHT Token Climbs to #4 in TVL, Signaling a New Privacy-Driven Era

Midnight Rises: Cardano’s NIGHT Token Climbs to #4 in TVL, Signaling a New Privacy-Driven Era

In a week where most of the crypto market treaded water, one token surged ahead with unshakable momentum. Midnight’s native asset, NIGHT, has jumped more than 54% in the past seven days, pushing its market capitalization to $1.76 billion and securing the #4 position in total value locked (TVL) acros

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NewsMidnight’s Big Break: How a Privacy‑First Crypto Project Captured “Breakthrough of the Year” at BeInCrypto

Midnight’s Big Break: How a Privacy‑First Crypto Project Captured “Breakthrough of the Year” at BeInCrypto

In a year marked by heightened scrutiny of data privacy, regulatory headwinds for blockchain networks, and an ever-evolving debate over the role of decentralized systems in protecting human rights, Midnight, a privacy-focused blockchain initiative, has emerged as one of the most compelling success

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NewsCrypto Goes Mainstream: Bitwise 10 Crypto Index ETF (BITW) Debuts on NYSE Arca

Crypto Goes Mainstream: Bitwise 10 Crypto Index ETF (BITW) Debuts on NYSE Arca

Today marks a milestone in the evolution of digital‑asset investing: Bitwise Asset Management’s Bitwise 10 Crypto Index ETF (ticker BITW) has begun trading on NYSE Arca, making it the first and largest crypto index fund to become an exchange‑traded product (ETP) on a major U.S. exchange. With roughl

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NewsMidnight’s NIGHT Token Goes Live: Now Trading on Major CEXes

Midnight’s NIGHT Token Goes Live: Now Trading on Major CEXes

The native token of Midnight Network has officially launched, and with it, trading for NIGHT has begun across a broad array of major centralized exchanges. This marks a major milestone for Midnight as it moves from distribution into active market circulation, making its token widely available to tra

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NewsMidnight’s NIGHT Token Goes Live Today: What We Know

Midnight’s NIGHT Token Goes Live Today: What We Know

Today marks the official launch of the Midnight Network’s native token NIGHT. The rollout follows a broad distribution event and ushers in a new phase for Midnight, from static allocations to active circulation and eventual mainnet deployment. What the Launch Means The launch entails the transition

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News21Shares Broadens European Reach with Six New Crypto ETPs, Signs of Institutional Expansion

21Shares Broadens European Reach with Six New Crypto ETPs, Signs of Institutional Expansion

When one of Europe’s most active crypto fund issuers expands further into regulated stock-exchange listings, it signals more than product launches, it reflects shifting institutional and retail appetite, regulatory comfort, and evolving market infrastructure. That is exactly what 21Shares is doing

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NewsCardano Trader Burns $6 Million in ADA After Catastrophic Stablecoin Swap

Cardano Trader Burns $6 Million in ADA After Catastrophic Stablecoin Swap

A Costly Mistake on the Cardano Blockchain In a stark reminder of how quickly things can unravel in decentralized finance, a Cardano trader has reportedly lost over $6 million worth of ADA in a single trade gone wrong. The incident involved an attempted swap from ADA into a lesser-known stablecoin,

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NewsMidnight ($NIGHT): Privacy, Predictability, and Scavenger Mine in the process

Midnight ($NIGHT): Privacy, Predictability, and Scavenger Mine in the process

When most new crypto projects scream for attention with token launches, Midnight is taking a quieter, and far more ambitious, route. Built by Input Output Global (the team behind Cardano), Midnight is designed around one principle: “rational privacy.” The idea is simple but powerful &#

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NewsTowards a Transparent Future: Cardano’s Digital Product Passport Vision

Towards a Transparent Future: Cardano’s Digital Product Passport Vision

When you buy a product today, an electric kettle, a smartphone, or even a pair of sneakers, how much do you truly know about its life story? Who made it, which materials went into it, how energy-intensive was its production, and what happens at its end-of-life? The Cardano Foundation’s Digital Pro

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NewsWhen Wall Street and Crypto Cross Paths: S&P’s Bold New Index Pushes Boundaries

When Wall Street and Crypto Cross Paths: S&P’s Bold New Index Pushes Boundaries

In a financial world where the lines between traditional markets and digital assets are blurring, S&P Global has made a striking move: it’s launching the S&P Digital Markets 50 Index, a hybrid benchmark that blends cryptocurrencies and blockchain-linked equities into a single measure. This developme

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NewsBrave Embraces Cardano: A Major Leap for Web3 Wallet Integration

Brave Embraces Cardano: A Major Leap for Web3 Wallet Integration

In a quiet but significant step forward for multi-chain wallet infrastructure, Brave has rolled out native support for Cardano in its built-in crypto wallet. This update means that users can now manage ADA and Cardano-native tokens, perform swaps, and even participate in on-chain governance, all wi

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NewsMidnight and Google Cloud Join Forces to Power Privacy‑First Blockchain Infrastructure

Midnight and Google Cloud Join Forces to Power Privacy‑First Blockchain Infrastructure

In late September 2025, the Midnight Foundation quietly dropped a tweet that signaled a bold new chapter: “Under this collaboration, Google Cloud will operate critical network infrastructure (including a validator) and provide Confidential Computing.” The post, terse yet loaded with implication, qui

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NewsOctober Could Be “ETF Month”: 16 Crypto Funds Face SEC Decision Deadlines

October Could Be “ETF Month”: 16 Crypto Funds Face SEC Decision Deadlines

Next month may prove momentous for the crypto world, the U.S. Securities and Exchange Commission (SEC) is slated to issue final determinations on 16 spot crypto exchange-traded fund (ETF) applications throughout October. If approved, these could open up regulated investor access to altcoins like So

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NewsCardano Breaks Ground in India: Trivolve Tech Launches Blockchain Forensic System on Mainnet

Cardano Breaks Ground in India: Trivolve Tech Launches Blockchain Forensic System on Mainnet

Justice Meets the Blockchain: A New Chapter in Cardano Adoption On September 15, 2025, Cardano made one of its most impactful strides into real-world utility yet. Trivolve Tech, a Dubai- and India-based product studio, officially launched its Forensic Management System (FMS) on the Cardano Mainnet i

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NewsCardano Reboots: What the Foundation’s New Roadmap Means for the Blockchain Race

Cardano Reboots: What the Foundation’s New Roadmap Means for the Blockchain Race

In the ever-competitive world of blockchain infrastructure, innovation isn’t just a feature: it’s survival. Cardano, often positioned as a “third-generation blockchain” that seeks to bridge the gap between security, scalability, and decentralization, has laid out a significant

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Daniel Friedman - Cardano Journal