cardano Archives

Cardano Considers $100 Million Bitcoin Investment to Boost DeFi Ecosystem

By Divya Arora on June 28, 2025 in Cryptocurrency, Uncategorized

Cardano, a major cryptocurrency network, is planning to allocate up to $100 million from its treasury into Bitcoin to support its decentralized finance (DeFi) ecosystem. This move is part of a broader strategy to power up Cardano’s DeFi landscape and attract new users. According to Charles Hoskinson, founder of Cardano, the plan involves earning yield from Bitcoin and stablecoin holdings, and then using that to repurchase ADA on the open market. Hoskinson believes this method could create[…]

Bitcoin Cash and Cardano Lead Crypto Gains as Fed Rate Cut Hopes Boost Market

By Rajat on June 25, 2025 in Capsules, Cryptocurrency, Uncategorized

Bitcoin Cash (BCH) and Cardano (ADA) posted strong gains on Tuesday, leading a broader recovery across the crypto markets. The surge follows renewed optimism that the U.S. Federal Reserve may lower interest rates later this year, which has reignited investor appetite for risk assets like cryptocurrencies. Bitcoin Cash rose by over 7% in the past 24 hours to reach $430, while Cardano’s ADA token climbed more than 5%, hitting $0.39. The broader crypto market also showed positive[…]