Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul class="summary-list"><li><keyword id="5294933" type="UNKNOWN" weightage="60" keywordseo="cardano" source="Orion">Cardano</keyword>'s ada cryptocurrency soared on Thursday to top $3 for the first time.</li><li>Excitement has built around a major upgrade that will let <keyword id="11910184" type="UNKNOWN" weightage="60" keywordseo="smart-contracts" source="Orion">smart contracts</keyword> be built on the network.</li><li>Ada is now the third-biggest cryptocurrency by market capitalization, behind bitcoin and ether.</li></ul>Cardano's ada cryptocurrency soared on Thursday to rise above $3 for the first time, after developers kicked off upgrades that will allow "smart contracts" to be built on the network.Ada was up 7.8% at 9.30 a.m. ET, according to <a href="https://www.coingecko.com/en/coins/cardano">Coingecko</a>, to stand at $3.04. It earlier touched an all-time high of $3.09.The digital token has had a stellar run in recent weeks as investors have become excited about the major network upgrades, codenamed Alonzo.Ada's jump on Wednesday night and Thursday morning coincided with cardano developer IOHK saying that the Alonzo upgrades had been launched on a test network. The full launch is expected later in September.Read more: <a href="https://www.businessinsider.com/crypto-price-forecasts-cardano-dogecoin-solana-helium-bullish-technical-analysis-2021-8?r=US&amp;IR=TIR=T">A top market technician who got bullish on Cardano before it surged 92% explains how it could 'double or triple' from current levels - and reveals why Solana might have the most bullish crypto chart of all</a>The Alonzo upgrades will allow smart contracts to be built on the network, potentially making the cardano blockchain more attractive to a wider array of users. A smart contract is a piece of code that allows people to enter financial agreements without the need for a centralized party.The move could make cardano more of a rival to ethereum, which already offers smart contracts and has drawn increasing institutional investor interest for its range of potential uses in financial services.Cardano developer IOHK <a href="https://twitter.com/InputOutputHK/status/1433166757620064260?s=20">said on Twitter</a>: "The Cardano Testnet now officially supports Plutus smart contracts. Final testing &amp; integrations ahead. SPOs will now upgrade their mainnet nodes. Then next stop… mainnet upgrade. Still on track for 12 September. Onward!"Ada is now the <a href="https://coinmarketcap.com/">third-biggest cryptocurrency</a>, behind bitcoin and ether, in terms of market capitalization. It is up more than 130% over the last 30 days and is more than 2,300% higher over the last year.So-called altcoins have risen sharply in recent weeks, during a broader rebound in the <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> market that has also seen <a href="https://markets.businessinsider.com/currencies/btc-usd">bitcoin</a> climb. <a href="https://markets.businessinsider.com/currencies/eth-usd">Ether</a> has risen more than 42% in the last 30 days, according to Coingecko, while <a href="https://markets.businessinsider.com/currencies/xrp-usd">XRP</a> has climbed more than 68%.

Cardano's ada jumps to more than $3 for the first time after the network begins upgrades to deliver smart contracts

<ul class="summary-list"><li><keyword id="5294933" type="UNKNOWN" weightage="60" keywordseo="cardano" source="Orion">Cardano</keyword> founder <keyword id="12003782" type="UNKNOWN" weightage="60" keywordseo="charles-hoskinson" source="Orion">Charles Hoskinson</keyword> recently sat down with Insider for an interview.</li><li>He discussed a wide range of topics from the future of DeFi, to what he called "bitcoin maximalism".</li><li>The cardano network is one of the fastest growing blockchains and can now carry smart contracts.</li></ul>Cardano founder Charles Hoskinson believes no one blockchain will dominate the <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> sector, but rather, there will be an "<a href="https://markets.businessinsider.com/news/currencies/cardano-smart-contracts-charles-hoskinson-blockchains-alonzo-polkadot-ethereum-2021-9">internet of blockchains</a>." The network recently underwent a major <a href="https://markets.businessinsider.com/news/currencies/cardano-smart-contracts-charles-hoskinson-blockchains-alonzo-polkadot-ethereum-2021-9">upgrade</a> that gave it the ability to host <a href="https://markets.businessinsider.com/news/currencies/cardano-ada-alonzo-upgrade-defi-smart-contracts-charles-hoskinson-2021-9">smart contracts</a> and other applications like non-fungible tokens.Its native ada token has gained nearly 1,250% this year, and is now the <a href="https://markets.businessinsider.com/news/currencies/crypto-adoption-africa-surged-1200-avoided-banks-exchanges-chainalysis-2021-9">third-largest </a>by market capitalization, behind bitcoin and ether. Hoskinson recently spoke with Insider about the key alonzo network upgrade, the future of decentralized finance and how smaller blockchains like cardano haven't yet seen the benefits of institutional investors jumping on the crypto bandwagon. He covered a variety of subjects, ranging from maximalism in the crypto space, welcomed more "quality standards" for networks and even spoke about his upcoming tour in Africa - the world's third fastest growing crypto economy. <h2>Here are the 10 best quotes, lightly edited for clarity: </h2><ol><li>"Unfortunately in our industry, there's a great degree of maximalism if you go and talk to a bitcoin person, they are like: 'bitcoin is the only truth and everything else is a sh*t coin'."</li><li>"The other thing is DeFi needs to turn into 'real-fi' and needs to grow up, so that means it needs governance and true decentralization."</li><li>"It needs to have metadata standards, it needs to have quality standards, it needs to have real customers, it needs to have identity built in, all these types of things." - on what decentralized finance needs to mature.</li><li>"What's great about cryptocurrencies - they're divorced from humanity in this respect."</li><li>"It's not necessarily about who's cheapest right now, it's about variance." - on discussing transaction fees on different crypto networks. </li><li>"(I am going to) go right to Africa, and we're going to South Africa, we're going to Tanzania, Zanzibar, Burundi, Ethiopia, Kenya and Egypt and we're meeting five heads of state." - on his upcoming tour of Africa, where crypto adoption has soared 1,200% in a year. </li><li>"This (funding) round (raised) $4 million - we think over 50,000 participated, and - that engine keeps growing." - on Cardano's latest funding efforts.</li><li>"Almost all the growth has been like bitcoin - organic, and it didn't have some centralized driving force that was doing market-making deals behind the scenes. Now that was a double-edged sword, it meant it took a hell of a lot longer for us to get listed on Coinbase." - on the challenge of purely organic growth.</li><li>"(Institutional investors) tend to only buy bitcoin - but they're starting now to use utility impact, environmental concerns and other things as investment criteria, which excludes bitcoin." - on investor reservations over bitcoin.</li><li> "So then they have to move down the line and actually have to go with proof of stake systems and we're the largest. So we think we should get the lion's share of those allocations." - on cardano's edge over its competitors.</li></ol>

Cardano founder Charles Hoskinson discusses 'bitcoin maximalism', how DeFi needs to turn into 'real-fi' and his plans for digital transformation in Africa in a recent interview. Here are the 10 best quotes

<ul class="summary-list"><li>The total cryptocurrency market cap touched $2 trillion for the first time since April 2022.</li><li>Bitcoin surged to $51,600, while ether climbed to $2,740. </li></ul>The prospect of <a href="https://markets.businessinsider.com/news/stocks/tech-stocks-rally-stock-market-bullish-investors-recession-outlook-2024-2?_gl=1*dxfbey*_ga*MjA5NTAyMzYyOS4xNjYyNDcwMDc5*_ga_E21CV80ZCZ*MTcwNzkyOTkyOC4xNjIxLjEuMTcwNzkzMDM1MS4yOS4wLjA.">easing monetary policy</a> and enthusiasm for <a href="https://markets.businessinsider.com/news/currencies/spot-bitcoin-etf-crypto-investing-analysis-sec-approval-gary-gensler-2024-1">spot bitcoin ETFs</a> and the upcoming bitcoin <a href="https://markets.businessinsider.com/news/currencies/bitcoin-price-outlook-crypto-halving-blockchain-finance-markets-eth-btc-2023-8">halving event</a> have pushed the total cryptocurrency market cap to $2 trillion for the first time since April 2022.Over the last 24 hours, rallies across the major tokens have pushed that figure about 4.6% higher.Bitcoin has gained 6.4% to hit $51,620 and regain its own $1 trillion market cap. The world's largest token by market cap hasn't reached that level since December 2021, and so far this year it's gained more than 21%. Meanwhile, ether, the second-largest token, has climbed about 5% to reach $2,740 for the first time since May 2022. Analytics firm <a href="https://blog.coinshares.com/volume-169-digital-asset-fund-flows-weekly-report-d8911da6dbe0" target="_blank" rel="noopener">CoinShares</a> reported Monday that digital asset investment products saw inflows of $1.1 billion last week, which brought year-to-date flows to $2.7 billion. Spot bitcoin ETFs, the data showed, took in the majority of those inflows.Analysts said bitcoin's price appreciation helped buoy sentiment for ether and Cardano, while Avalanche and Polygon also saw smaller inflows. Spot bitcoin ETFs are seeing higher demand from investors after a muted response in the weeks immediately following regulators' approval of the products. The increase in demand comes a few months ahead of what's known as the bitcoin halving event, which will cut the reward for bitcoin miners in half. <a href="https://markets.businessinsider.com/news/currencies/spot-bitcoin-etfs-btc-crypto-funds-gbtc-ibit-fbtc-ownership-2024-2">MicroStrategy's Michael Saylor</a>, a longtime bitcoin bull, said in an interview with CNBC on Monday that the halving will result in strong gains for current holders of the token. Previous halving events have been followed by all-time highs in the next 12 months. "Now people are beginning to realize that there's 10x as much demand for bitcoin coming in through these ETFs as there is supply coming from the natural sellers who are the miners," Saylor said.

The crypto market is worth $2 trillion for the first time in nearly 2 years

<ul class="summary-list"><li>As investors head into the fourth quarter, <keyword id="11961769" type="UNKNOWN" weightage="60" keywordseo="altcoins" source="Orion">altcoins</keyword> to watch include Avalanche, Boost and Polygon.</li><li>Investors will sharpen their focus on real-world applications offered by blockchain networks. </li><li>The overall <keyword id="11892695" type="UNKNOWN" weightage="60" keywordseo="cryptocurrency" source="Orion">cryptocurrency</keyword> market cap is again approaching the $2 trillion mark. </li></ul>Growth around non-fungible tokens and decentralized finance helped prices for some altcoins soar during the third quarter, and investors are looking for the next breakout as the fourth quarter begins.The global cryptocurrency market is again approaching the $2 trillion mark, as prices for Cardano's ada, solana and other altcoins have taken off, with cardano ada now the third most-traded crypto.Now in the months ahead, investors will sharpen their focus on the benefits and shortfalls emerging from recent speed and efficiency upgrades on the blockchain networks of key altcoins, Ed Moya, senior currency analyst at Oanda, told Insider. "Everyone has been focused on which altcoins are going to address that scalability concern that you have with ethereum and bitcoin," he said. "People have to understand which businesses are going to be the leaders in NFTs or smart contracts," and other operations, he said. "I think that's where the market is and education takes some time. The industry is ripe for consolidation." Here are six altcoins (in alphabetical order) experts tell Insider they'll be watching during the fourth quarter and beyond:1) Avalanche (AVAX) Market Capitalization: $14.5 billion Year-to-date performance: Up 1954% at $65.94The blockchain <a href="https://www.businessinsider.com/altcoins-to-watch-in-the-avalanche-ecosystem-crypto-traders-analysts-2021-10">developed by Ava Labs</a> is a smart contracts platform for decentralized applications and its AVAX token began trading on Coinbase Pro this past week.Avalanche "is way faster than ethereum and it wants to be even faster, which is great because I think that's very important when it comes to finance and DeFi projects and applications," Tally Greenberg, head of business development at Allnodes, told Insider."It's a promising technology that basically does more for less," she said, adding that it uses a proof-of-stake system that's more energy-efficient than a proof-of-work one based on mining, she said. Steve Ehrlich, founder and CEO of cryptocurrency-asset broker Voyager Digital, told Insider he sees Avalanche as a viable alternative to ethereum. "As soon as they start adding some projects and art on their NFT network, you'll start to see a lot more consumers buying and selling NFTs," on Avalanche, he said.Ehrlich said Avalanche, as well as solana and cardano, are cheaper alternatives to ethereum, which has high fees for conducting transactions.2) <keyword id="12229631" type="UNKNOWN" weightage="60" keywordseo="boost-coin" source="Orion">Boost Coin</keyword> Fully diluted market capitalization: $53 million Year-to-date performance: Up 293% to $0.0505Launched in August, <a href="https://boostco.in/faq/">Boost Coin</a> fuels the Boost ecosystem that's centered on decentralized finance tools. Boost Swap, a decentralized exchange, is the first tool, with the company behind it saying it's similar to crypto exchanges Uniswap, SushiSwap, and PancakeSwap.Decentralized exchanges, or DEXs, offer a peer-to-peer platform where <a href="https://markets.businessinsider.com/news/currencies/china-crypto-ban-uniswap-sushiswap-dxdy-decentralized-exchanges-tokens-ether-2021-9">parties use smart contracts to execute their trades</a> and don't rely on intermediaries such as clearing houses."There's a lot of value in the exchanges market," Dr. Don Basile, CEO of Monsoon Blockchain, told Insider, highlighted in part by this year's trading debut of <a href="https://markets.businessinsider.com/stocks/coin-stock">Coinbase</a>, now a $48 billion centralized crypto exchange.Boost's approach to connect buyers and sellers without a centralized entity is a "potentially disruptive idea," he said.Boost can be acquired by exchanging ethereum for it using Uniswap or Boost Swap. But Basile said it's too early to say whether its price is undervalued or overvalued as the coin is just a few weeks old.Meanwhile, Basile is also the founder of <a href="https://bitcoinlatinum.com/" target="_blank" rel="noopener noreferrer">Bitcoin Latinum</a>, which is expected to begin trading around the week of October 21. The energy-efficient cryptocurrency is aimed at delivering faster transaction speeds and lower costs to high-growth <keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">markets</keyword> such as media and gaming.<a href="https://markets.businessinsider.com/currencies/ada-usd">3) Cardano ada</a> Market Capitalization: $69.3 billion Year-to-date performance: Up 1092% at $2.16Cardano's profile and that of its ada token, have boomed in recent months. The network last month ran its alonzo upgrade that brought <a href="https://markets.businessinsider.com/news/currencies/cardano-ada-alonzo-upgrade-defi-smart-contracts-charles-hoskinson-2021-9">smart contract capability to its network</a>, a move that could bolster its competitiveness with ethereum."A lot of our customers hold a lot of cardano on our platform so we see quite an increase of people being interested," in the network, Ehrlich said. And after recently being introduced to "some pretty cool" art built on Cardano, he thinks the network will make some headway soon in the NFT space. Moya sees a lot of investors mixed on Cardano ada after its price climbed to $3. But he added, "There are still a lot of institutional players that are eyeing it as interesting altcoin to hold."4) Crypto.com Coin CRO Market Capitalization: $4.2 billion Year-to-date performance: Up 183% at $0.16531<a href="https://crypto.com/price/crypto-com-coin">Crypto.com</a> is a cryptocurrency exchange and consumer financial services company whose Coin serves as the token for Crypto.com's Chain, a decentralized open-source blockchain launched in March. CRO is used for staking, payments, and settlements, said Greenberg, who thinks CRO is undervalued."It's in use on a daily basis," in part through Crypto.com's prepaid Visa card and Crypto.com, she said, adding that its Chain network has a sustainability goal of becoming carbon negative by next year. <a href="https://markets.businessinsider.com/currencies/doge-usd">5) Dogecoin</a> Market Capitalization: $27.3 billion Year-to-date performance: Up 4307% at $0.2064Oanda's Moya put the hugely popular meme coin on his watch list to see if it eventually crashes, which he thinks would actually be a positive sign."There are too many coins that don't have the financing, that don't have the infrastructure in place to be a legitimate investment," he said. "It's hard to go from a meme coin to a legitimate coin." Tesla boss Elon Musk in August backed billionaire investor Mark Cuban's claim that dogecoin is the <a href="https://www.businessinsider.in/cryptocurrency/news/elon-musk-backs-mark-cubans-claim-that-dogecoin-is-the-best-cryptocurrency-as-a-medium-of-exchange/articleshow/85349880.cms">strongest cryptocurrency as a medium of exchange</a>. Cuban's NBA team, the Dallas Mavericks, <a href="https://twitter.com/mcuban/status/1426029215292530692?s=20">accepts dogecoin as a payment vehicle</a>. 6) Polygon (previously MATIC) Market Capitalization: $7.6 billion Year-to-date performance: Down 27% at $1.236<a href="https://polygon.technology/">Polygon</a> is designed to scale ethereum chains and develop the blockchain's infrastructure. It's <a href="https://markets.businessinsider.com/news/currencies/mark-cuban-invests-polygon-ethereum-crypto-platform-2021-5">caught the eye of Mark Cuban</a> who earlier this year added the platform to his investment portfolio.Polygon, originally called Matic, created the Matic token that's used on transactions on the network. Matic is also among the roughly 40 altcoins on the watch list for Allnodes' Greenberg. She sees Matic as undervalued as it has low network fees and just enough volatility to benefit trading."For those who are looking for a less aggressive investment strategy, there's a staking opportunity. So it's a well-round blockchain and cryptocurrency."Polygon uses the proof-of-stake system of <a href="https://markets.businessinsider.com/news/currencies/proof-of-stake-exchange-coins-outperformed-crypto-market-goldman-sachs-2021-8">securing a cryptocurrency's network</a> under which users put forward or "stake" some of their coins to gain the right to verify transactions and, in exchange, earn more coins. Greenberg said users recently could make an annual return of 13.65% on their investments, "which is huge."

Here are 6 altcoins experts are watching as the 4th quarter kicks off

<ul class="summary-list"><li><keyword id="11893902" type="UNKNOWN" weightage="60" keywordseo="bitcoin" source="Orion">Bitcoin</keyword> broke through the $50,000 level late Sunday, as the biggest <keyword id="11892695" type="UNKNOWN" weightage="60" keywordseo="cryptocurrency" source="Orion">cryptocurrency</keyword> continued its comeback.</li><li><keyword id="5294933" type="UNKNOWN" weightage="60" keywordseo="cardano" source="Orion">Cardano</keyword>'s <keyword id="11927960" type="UNKNOWN" weightage="60" keywordseo="ada" source="Orion">ada</keyword> hit an all-time high as hopes for the Alonzo smart-contract upgrade buoyed the ether rival.</li><li>Altcoin prices also rose, helping the market cap of the entire cryptocurrency market to climb above $2.2 trillion.</li></ul><a href="https://markets.businessinsider.com/currencies/btc-usd">Bitcoin</a> moved above $50,000 for the first time since mid-May on Sunday, while cardano's native currency hit a fresh all-time high after rising to become the <a href="https://markets.businessinsider.com/news/currencies/cardano-price-crypto-ethereum-binance-alonzo-protocol-upgrade-market-cap-2021-08">third-largest cryptocurrency</a> last week.Other digital tokens, including <a href="https://markets.businessinsider.com/currencies/eth-usd">ether</a> and <a href="https://markets.businessinsider.com/currencies/bnb-usd">binance coin</a>, were moving higher too. The gains sent the value of the overall cryptocurrency market above $2.2 trillion on Monday, according to data from <a href="https://coinmarketcap.com/">Coinmarketcap</a>.The biggest currency by market cap, bitcoin traded 2% higher at around $50,197 as of 4:35 a.m. ET on Monday. Meanwhile, cardano's <a href="https://markets.businessinsider.com/currencies/ada-usd">ada</a> continued its surge higher with a gain of 9% to reach $2.83, according to data from CoinDesk.Over the last five days, bitcoin has gained almost 9% and is up more than 33% for the month as it stages a comeback from a collapse in June. It was down around 21% from April's record high of <a href="https://markets.businessinsider.com/currencies/news/bitcoin-price-record-high-coinbase-direct-listing-btc-crypto-2021-4-1030302632?utm_source=markets&amp;utm_medium=ingestgest" target="_blank" rel="noopener">close to $65,000</a>, but is still roughly 73% higher so far this year.It last traded above $50,000 in mid-May, when its advance was driven by strong institutional demand and massive amounts of US monetary and <a href="https://www.businessinsider.com/stimulus-biden-signs-trillion-covid-relief-package-checks-direct-payments-2021-3?utm_source=markets&amp;utm_medium=ingestgest" target="_blank" rel="noopener">fiscal stimulus</a>, while bullish views from <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> advocates such as Tesla billionaire Elon Musk also played a part.The digital asset lost ground after China's crackdown on the crypto sector hurt trading sentiment, while an about-turn from Musk stirred debate on bitcoin's environmental use.While bitcoin has led the overall market's recovery, smaller digital coins such as solana, terra, avalanche, and fantom have also shot higher as they become more established and garner interest, Coinbase said in its weekly market commentary.Cardano's ada has <a href="https://markets.businessinsider.com/news/currencies/cardano-price-crypto-ethereum-binance-alonzo-protocol-upgrade-market-cap-2021-08">surged in recent days</a> to edge out binance coin as the third biggest cryptocurrency by market cap. Ada has seen year-to-date returns of over 1,475%, as its use cases grow for decentralized finance, non-fungible tokens, and gaming. The rival to ether is getting a boost from hopes for its upcoming alonzo upgrade, which promises to add smart-contract capabilities to its blockchain when it arrives in October. "The demand for alternative smart-contract platforms apart from ethereum becomes more apparent," Coinbase's institutional team wrote in a report.Coinbase's team said ada's impressive gains suggest that investors are diversifying their crypto interests beyond ethereum and bitcoin.A string of other positive developments has helped the crypto market make gains. Last week, Coinbase said it would add <a href="https://markets.businessinsider.com/news/currencies/coinbase-500-million-cryptocurrencies-balance-sheet-quarterly-profits-digital-assets-2021-8">cryptocurrencies worth $500 million</a> to its balance sheet and invest 10% of future profits into digital assets. On Monday, PayPal said it would allow <a href="https://news.sky.com/story/paypal-to-let-uk-users-buy-hold-and-sell-cryptocurrencies-12388151">people in the UK</a> to buy, hold, and sell cryptocurrencies."August is looking good for altcoins," crypto exchange Luno said in a recent report.Read More: <a href="https://www.businessinsider.com/defi-beating-the-market-genesis-trading-solana-outlook-michael-moro-2021-8" target="_blank" rel="noopener noreferrer">The CEO of a crypto-trading firm that's seen a 456% surge in trade volume explains how institutions find market-beating performance in DeFi - and what could become the third most dominant coin</a>

Bitcoin tops $50,000 for the first time in three months, while cardano hits a fresh all-time high

<ul class="summary-list"><li><keyword id="12248438" type="UNKNOWN" weightage="60" keywordseo="snoop-dogg" source="Orion">Snoop Dogg</keyword> launched an NFT collaboration with an exclusive metaverse project on the cardano <keyword id="11902216" type="UNKNOWN" weightage="60" keywordseo="blockchain" source="Orion">blockchain</keyword>.</li><li>Released on Monday, the project includes unreleased music and more, but this is just his latest <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> project.</li></ul>Hip hop star <keyword id="13636054" type="UNKNOWN" weightage="60" keywordseo="snoop" source="Orion">Snoop</keyword> Dogg is expanding his footprint in the crypto world again. This time, he's teamed up with Clay Nation to launch an NFT collection on the cardano blockchain. <a href="https://www.claynation.io/">Clay Nation</a> is a collection of 10,000 digital NFT characters made of clay. The collection is currently sold out, but on the secondary market, the tokens boast a floor price of about 2696 ada, which is the equivalent of $2,623.03.Clay Nation <a href="https://twitter.com/The_ClayMates/status/1513262847744217092?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1513262847744217092%7Ctwgr%5E%7Ctwcon%5Es1_c10&amp;ref_url=https%3A%2F%2Fwww.fxempire.com%2Fforecasts%2Farticle%2Fclay-nation-announces-nft-collaboration-with-snoop-dogg-on-cardano-965213">tweeted</a> about the tie-up with Snoop Dogg — whose real name is Calvin Brodus — and crypto investor Champ Medici that will feature collectibles, unreleased music and plots of Clay Nation land. Last week, Snoop shared a Twitter space with cardano founder Charles Hoskinson and Medici, hosted by Clay Nation. During the conversation, Snoop Dogg suggested teaming up with Hoskinson to create a guide on getting involved in crypto."Me and you come together, put together some sort of visual piece on 'how to' from your perspective and my perspective, you know – you come from your angle on how you got involved and I come from my angle and then we're taking care of the whole world," the musician said.The hip hop sensation has been involved in several NFT and crypto projects this year, as well as other tech investments."This is a remarkable milestone as this is the first celebrity to jump ship from Ethereum to Cardano, which is subsequently causing a lot of hype. NFTs are about brand and identity and Snoop Dogg is clearly having fun finding another identity outside of hip-hop - he released a music video a couple of weeks ago that was made entirely in the sandbox metaverse," Marcus Sotiriou, <a href="https://www.globalblock.co.uk/news">analyst at GlobalBlock</a>, told Insider.Snoop Dogg was an early investor in social media platform Reddit and retail trading platform Robinhood. He also invested in Swedish payments company <a href="https://www.klarna.com/international/press/snoop-dogg-becomes-a-shareholder-in-klarna-and-transforms-into-smoooth-dogg/">Klarna.</a> These are just a couple of his higher-profile investments.Most recently, the star joined a host of celebrities to invest in Moon Pay, a company that lets users purchase crypto easily via card or bank transfer. He's also one of thirty seven investors, according to Crunchbase data, to invest in Yuga Labs, the team behind Bored Ape Yacht Club.Notably, Snoop Dogg is one of the first celebrities that is involved in digital assets to branch out beyond the ethereum blockchain. Ethereum is certainly the most dominant platform for NFTs at present, but with the likes of solana and cardano continuing to develop and offer cheaper fees, this hegemony could be challenged. Read more: <a href="https://www.businessinsider.com/recession-watch-housing-crash-fears-are-wrong-3-metrics-to-monitor-ubs-2022-4" target="_blank" rel="noopener noreferrer">UBS lays out the 3 hurdles the economy must clear to avoid recession, as well as why fears of a housing bubble are overdone — and shares 6 things you should invest in amid the uncertainty</a>

Hip hop star Snoop Dogg expands his crypto investment footprint with an NFT collection on the cardano blockchain

<ul class="summary-list"><li><keyword id="6514520" type="UNKNOWN" weightage="60" keywordseo="crypto-trading" source="Orion">Crypto trading</keyword> drove 73% of <keyword id="11955503" type="UNKNOWN" weightage="60" keywordseo="etoro" source="Orion">eToro</keyword>'s commissions in the Q2, compared with 7% a year ago.</li><li>It made $264 million in <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> commissions, up 2,259% from $11.2 million in 2020.</li><li>The highest trading volumes were in <keyword id="11893902" type="UNKNOWN" weightage="60" keywordseo="bitcoin" source="Orion">bitcoin</keyword>, <keyword id="11896271" type="UNKNOWN" weightage="60" keywordseo="ether" source="Orion">ether</keyword>, <keyword id="5294933" type="UNKNOWN" weightage="60" keywordseo="cardano" source="Orion">Cardano</keyword>'s <keyword id="11927960" type="UNKNOWN" weightage="60" keywordseo="ada" source="Orion">ada</keyword> and <keyword id="11955065" type="UNKNOWN" weightage="60" keywordseo="dogecoin" source="Orion">dogecoin</keyword>.</li><li id="recirc"><a href="https://www.businessinsider.com/?hprecirc-bullet">See more stories on Insider's business page</a>.</li></ul><ul class="summary-list"><li>Crypto trading drove 73% of eToro's commissions in the Q2, compared with 7% a year ago.</li><li>It made $264 million in crypto commissions, up 2,259% from $11.2 million in 2020.</li><li>The highest trading volumes were in bitcoin, ether, Cardano's ada and dogecoin.</li></ul>Crypto assets drove 73% of eToro's total trading commissions in the second quarter, compared with 7% a year ago, as interest in digital assets rose and retail investors carried out more trades.That lift in customer engagement with cryptoassets is driving strong positive momentum for eToro, the trading platform provider said in a quarterly financial update published Wednesday.The company booked $264 million in trading commissions from crypto, up 2,259% from $11.2 million in the same quarter in 2020. For all assets - stocks, commodities and currencies, as well as crypto - the total was $362 million, a 125% increase on $161 million last year.A <a href="https://markets.businessinsider.com/news/stocks/etoro-users-q1-retail-investors-crypto-bulls-meme-2021-6">year earlier</a>, crypto activity accounted for only 7% of eToro's trading commissions, with equities and commodities leading instead."Cryptoassets drove total commissions in the second quarter of 2021, reflecting retail investors' strong interest across the cryptos offered by eToro with the highest trading volumes in BTC, XRP, ETH, ADA and DOGE," the company's CEO Yoni Assia said in a letter to investors.The platform added 2.6 million new registered users in the quarter, compared with 1.2 million a year ago. Alongside that came a surge in overall trading volume, with eToro executing 127 million trades in the second quarter, up 72% from 74 million a year ago.Trading by retail investors is seen as rising in the wake of the COVID-19 outbreak, as people kept indoors by lockdowns adopted new habits.Assia credited the growth in commissions on the revival in crypto that pushed prices to all-time highs, as well as on unprecedented pandemic-driven market volatility, among other factors over the past 12 months.In that time, cryptocurrencies have been buffeted by China's <a href="https://markets.businessinsider.com/news/stocks/china-tech-regulation-crackdown-tougher-legislation-key-industries-2021-8">crackdown</a> and concerns over the <a href="https://www.businessinsider.com/elon-musk-bitcoin-miners-meeting-microstrategy-crypto-environmental-energy-impact-2021-5">environmental</a> impact of mining, pulling prices back. They recovered sharply in July, with bitcoin recently reclaiming the key $50,000 level."We have seen a pattern over time, with increased trading activity in a particular asset class or market influencing eToro's total commission in quarters or years," Assia wrote."The rise in self-directed investing is a trend that is here to stay and eToro's growth is underpinned by long-term secular trends in investor behavior," he added.While bitcoin was the most traded single cryptocurrency, at 20% of volume, it only accounted for 7% of commissions. <a href="https://markets.businessinsider.com/news/currencies/ripple-sec-crypto-judge-will-let-question-a-former-director-2021-7">Ripple's</a> XRP token, ether, and Cardano's ada logged commission share in the 14-16% range, and volume share in the 11-15% range.In recent months, eToro has added 10 crypto coins to its trading platform, bringing the total offered to 29. It began by offering bitcoin trading in 2013, before adding ether and XRP in 2017, and dogecoin more recently.

You Searched For "cardano price" and got 7 results

Cardano's ada jumps to more than $3 for the first time after the network begins upgrades to deliver smart contracts

Harry Robertson

Cardano founder Charles Hoskinson discusses 'bitcoin maximalism', how DeFi needs to turn into 'real-fi' and his plans for digital transformation in Africa in a recent interview. Here are the 10 best quotes

Camomile Shumba

The crypto market is worth $2 trillion for the first time in nearly 2 years

Phil Rosen

Here are 6 altcoins experts are watching as the 4th quarter kicks off

Carla Mozée

Bitcoin tops $50,000 for the first time in three months, while cardano hits a fresh all-time high

Shalini Nagarajan

Hip hop star Snoop Dogg expands his crypto investment footprint with an NFT collection on the cardano blockchain

Adam Morgan McCarthy

eToro says crypto made up 73% of trading commissions in the last quarter, as retail customers dived in

Camomile Shumba

Popular Keywords

Buying Guides