NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

Why Cardano Could Be The Next Runner Up To Ethereum

Reynaldo Marquez
Reynaldo Marquez
4 years ago
2 mins read
Cardano ADA ADAUSDT

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Cardano’s network and community are preparing for Plutus, its smart contract platform, to be implemented. Currently, its developer IOG will stress test the platform before integrating it with the mainnet on event Hard Fork Combinator “Alonzo”.

Popular analyst Coin Bureau has uploaded a video revealing which cryptocurrencies he holds in his portfolio. Along with Bitcoin, Ethereum, Polkadot, and others, Cardano sits at 8% of his investment in cryptocurrencies.

Cardano has been making new highs since July 2020, after crossing the $0.08 barrier in over a year. Since that time, it has reached an all-time high at $1.54 in the last 24 hours and has been building strong upside momentum. The analyst stated:

Like Polkadot, I see Cardano primarily as a hedge in case anything goes wrong with Ethereum. I am a huge fan of Cardano’s peer review approach to research and development.

Cardano’s biggest strength

As the comparison continued, Coin Bureau predicted that smart contracts on Cardano could be available sooner than on Polkadot. In theory, this would make the IOG-developed platform “the next runner up to Ethereum.” The analyst stated:

One big edge that Cardano has over Polkadot, and most other cryptocurrencies, is the size and engagement of the Cardano community. Some of my most viewed videos are about Cardano, and Charles Hoskinson’s YouTube channel seems to be growing even faster than mine.

Among its disadvantages, there is an inferior number of competing projects under development for Cardano, according to Coin Bureau. In addition, the analyst believes that smart contracts on this platform will not be tested in “real-world” conditions.

This makes the risk of potential failures, although it is highly unlikely that they will occur, could be greater than in Polkadot. The latter will test its platform with Kusama’s deployment. Coin Bureau added:

More than 60% of all ADA in circulation is also being staked in nearly 2,500 staking pools. Cardano may not have as many dApps waiting to deploy as Polkakdot, but it probably has millions of people waiting to use them.

The analyst has allocated most of his portfolio in Ethereum. Unlike Bitcoin, a cryptocurrency he considers a store of value, Coin Bureau estimates that ETH is closer than its competitors to becoming “the world’s decentralized money computer.”

However, Cardano is shaping up to be strong competition if it can live up to expectations. Once its smart contracts are launched, there are projects ready to make their entrance, such as Liqwid Finance, the first protocol for automated lending and liquidity provision that could inaugurate Cardano’s DeFi sector.

ADA trades at $1,44 with 3,3% in the 24-hour chart. In the 7 day and monthly chart, ADA has 14,5% and 35% respectively.

Cardano ADA
ADA with moderate gains in the last 24-hours. Source: ADAUSDT Tradingview
Tweet123Share196ShareSend
Reynaldo Marquez
Reynaldo Marquez

Reynaldo Marquez

A literature major, Reynaldo Márquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide.
In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride.
He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times.
In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson’s ‘Neuromancer.’ The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau’s ‘Civil Disobedience.’
But that’s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term.
In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry.
Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Best Presale

今買うべきアルトコイン: 10倍の成長が期待できる3つのICOプロジェクト

仮想通貨市場は常に進化しており、新しい革新的なプロジェクトが投資家の注目を集めています。 その中でも、特に有望な3つのアルファプロジェクトが際立っています。これらのプロジェクトは、10倍から100倍の...

Yohei Hanazato 2 months ago
Pepe Today

PEPEが過去24時間で11%急騰!仮想通貨投資に最適な新たなプレセールが注目を集める

Pepe (PEPE)は、人気のあるミームコインとして知られ、過去24時間で11.4%の上昇を記録しました。これは、過去数日間の下落を取り戻そうとする強気派の動きによるものです。 PEPEの過去1週間...

Yohei Hanazato 2 months ago
新たな金としてのビットコイン – 米大統領の備蓄と将来計画 & 新しい仮想通貨はどのように話題に乗るのか

仮想通貨 1000倍のチャンス?ビットコインが$80Kに下落 – BTC Bull Tokenは最適な代替案か?

ビットコインが**$80,000まで急落**したことで、多くの投資家が新たな仮想通貨の投資機会を模索しています。BTC Bull Token ($BTCBULL) は、ビットコイン価格と連動した報酬シ...

Yohei Hanazato 2 months ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Cardano: Neues Allzeithoch im März?

wernerwassicek 1 week ago
Ethereum, ETH, Crypto

Ethereum Risks Another 15% Correction After Fall Below $2,000 – What’s Next For ETH?

Rubmar Garcia 1 week ago
Bitcoin Struggles Below $82K While Coinbase Premium Rises—What’s Next?

Bitcoin Struggles Below $82K While Coinbase Premium Rises—What’s Next?

Samuel Edyme 1 week ago

Premium Partners

Top Brands

Press Releases

  • LimeChain

    LimeChain – Builders of Web3 Step into the FIA...

    3 months ago
  • Ripple XRP Investors Making $13,000 Per Day with This Cloud...

    3 months ago
  • How To Make $99k Daily Despite Crypto Market Fluctuations...

    3 months ago
  • EstateX Sells Out the First Tokenized Property in Under...

    3 months ago
  • BlackFort Exchange Network (BXN) Joins Biconomy.com...

    3 months ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.