Cardano (ADA)

$0.1625  -2.58%  24H

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  • More Crypto Online TA_Analyst Educator C
     52.96K  @Morecryptoonl

    $ADA still playing out nicely #Cardano https://t.co/cQCSxnfQft

    More Crypto Online TA_Analyst Educator C
     52.96K  @Morecryptoonl

    $ADA is crashing. This is not unusual, because from an Elliott Wave point of view, this is seen as a third wave to the downside. #Cardano https://t.co/mXKnb7l5n1

     15  4  2.23K
    Original >
    Trend of ADA after release
     Extremely Bearish
    ADA is in the third downward wave according to Elliott Wave Theory and is expected to continue testing lower levels.
  • Ralph Mendoza, EA Regulatory_Expert Educator B
     1.17K  @CryptoTaxesGuy

    The U.S. Tax Court recently issued a memorandum decision in Paschall v. Commissioner, ruling that cryptocurrency staking rewards are taxable as gross income upon receipt. The petitioners, California residents Alvie and Patricia Paschall, held Cardano tokens in a digital wallet on the eToro trading platform during the 2021 tax year. eToro automatically staked these tokens using a proof-of-stake protocol, resulting in the Paschalls receiving additional Cardano tokens monthly. The IRS issued a Form 1099-MISC reporting $33,354 in staking rewards, which the Paschalls failed to report as income. They represented themselves in court and agreed to a set of stipulated facts, agreeing that they did not create the new tokens themselves. The taxpayers challenged the IRS tax deficiency using three primary legal theories, all of which the Tax Court rejected under Section 61 of the Internal Revenue Code: 1. The Paschalls argued they lacked true ownership because eToro restricted their ability to transfer the staked tokens to an external, self-custodial wallet. The court ruled that because the taxpayers had the ability to convert the rewarded tokens into cash on the eToro platform at any time, their access to wealth was unimpeded, giving them sufficient "dominion and control" to trigger a taxable event. 2. Relying on the landmark 1920 Supreme Court case Eisner v. Macomber, the taxpayers argued the rewards were essentially a tax‑free stock dividend, a simple proportional split of existing equity that didn’t create new wealth. The court disagreed, stating that receiving the staking rewards actually increased the taxpayer’s proportional share of all outstanding Cardano tokens, representing a true "accession to wealth." 3. The taxpayers argued that staking rewards are "self-created property" (like a baker baking a cake or an author writing a book) which shouldn’t be taxed until it is eventually sold. The court immediately dismissed this because the Paschalls had explicitly stipulated in the agreed‑upon facts that they did not personally create the tokens. The court noted that the blockchain protocol granted the tokens to the stakers; the stakers did not create them. While the IRS won this round, legal and tax experts caution against viewing Paschall as the definitive legal standard for staking. Because the Paschalls represented themselves and agreed to poorly worded factual stipulations (such as admitting they didn’t create the tokens, which fundamentally misunderstands how solo staking works), the court’s analysis was severely handicapped. Furthermore, the court issued this as a "memorandum decision," meaning it holds limited precedential value. The industry is still heavily focused on parallel lawsuits—such as Jarrett v. United States, where taxpayers are using expert witnesses and sophisticated legal teams to more accurately litigate the "self‑created property" defense.

     0  0  16
    Original >
    Trend of ADA after release
     Neutral
    ADA staking rewards are deemed taxable income, increasing tax risk
  • KenErik Community_Lead Researcher B
     2.25K  @kenerik
    Intersect D
     10.37K  @IntersectMBO

    Pyth Network is live on Cardano and every project building on Cardano can now claim free Pyth Pro price feeds for a full year. 🧵 @Cardano 🤝 @PythNetwork https://t.co/KuazQJ0FNr https://t.co/vjHGwjLBt3

     276  19  52.71K
    Original >
    Trend of ADA after release
     Bullish
    Pyth Network goes live on Cardano, providing projects with one year of free price data.
  • Angry Crypto Show Media Influencer C
     18.68K  @angrycryptoshow
    Angry Crypto Show Media Influencer C
     18.68K  @angrycryptoshow

    UPDATE: #Cardano $ADA Founder Charles Hoskinson says "Ouroboros is the only protocol that solved the blockchain trilemma. We've spent 10 years chasing it. We know how to achieve throughput, decentralization, and security all together, and it gets more decentralized over time."

     343  13  6.42K
    Original >
    Trend of ADA after release
     Bullish
    ADA's outlook is positive because Ouroboros solves the blockchain trilemma
  • BBHMM | ☔️ | ADA | WMTx | Apex Fusion | Midnight OnChain_Analyst Community_Lead B
     3.66K  @BBHMM_Stake

    Hey Cardano, What is your favorite replacement for TapTools?

     4  2  94
    Original >
    Trend of ADA after release
     Neutral
    Ask the ADA community for TapTools alternatives
  • BBHMM | ☔️ | ADA | WMTx | Apex Fusion | Midnight OnChain_Analyst Community_Lead B
     3.66K  @BBHMM_Stake

    Love this example from @F_Gregaard: Bought stickers with ADA at a Bitcoin Lightning POS and the seller received real BTC over Lightning — no bridges or wrapped tokens. This is powered by Konduit, a decentralized protocol that connects Cardano to the Bitcoin Lightning Network. Here’s exactly how it works: 1. You open a payment channel on Cardano by locking ADA on the main chain with an “Adaptor” (a service provider connected to Lightning). This underwrites your spending capacity. 2. The merchant generates a standard Lightning invoice in BTC. 3. You request a quote in ADA through Konduit. 4. You send an off-chain payment commitment (“cheque”) in your Cardano channel. 5. The Adaptor pays the Lightning invoice with real BTC on the Bitcoin side and shares the cryptographic proof of payment. 6. You validate the proof and finalize (“squash”) the payment in your Cardano channel, deducting the ADA amount. The result: You spend ADA, the merchant receives BTC instantly via Lightning. Everything stays trust-minimized with on-chain security and no custody of your funds. This is real interoperability — different chains working together to make digital assets useful in everyday life. ⚡

    Frederik Gregaard D
     14.69K  @F_Gregaard

    Yesterday I bought stickers using ADA through Konduit at a Bitcoin Lightning point of sale. The ability to spend ADA anywhere Bitcoin Lightning is accepted is a powerful example of how blockchain ecosystems can work together to create better user experiences. The future of payments won't be about one chain winning. It will be about making digital assets useful in everyday life.

     1  0  124
    Original >
    Trend of ADA after release
     Extremely Bullish
    ADA achieves seamless payments on the Bitcoin Lightning Network via Konduit.
  • Cardanians (CRDN) OnChain_Analyst Community_Lead C
     71.11K  @Cardanians_io

    Cexplorer, the blockchain explorer, offers an API for Cardano on-chain data. 🔵 Builders can get on-chain information for transactions, epochs, stake pools, governance, assets, and more. There's also a free tier for anyone to use. https://t.co/vG2vRG9QQC

    Cardanians (CRDN) OnChain_Analyst Community_Lead C
     71.11K  @Cardanians_io

    https://t.co/sIAUmiUGBZ

     18  1  489
    Original >
    Trend of ADA after release
     Bullish
    Cexplorer provides on-chain data API for Cardano, supporting developers.
  • Dave OnChain_Analyst Community_Lead A
     25.67K  @ItsDave_ADA

    I just voted YES with 71.45 million ADA, on the Eternl: Path to Sustainability (2026-2027) treasury withdrawal request. On behalf of my loyal delegates. Rationale I am formally registering a YES vote on the Eternl treasury withdrawal request on behalf of my delegates. Firstly, I use Eternl every day across a variety of different wallets. I think a serious, underappreciated part of Eternl’s functionality is the intense developer configurations available that make building on Cardano much easier. There is a wide variety of functionality that helps a developer build on Cardano, and that is without even complimenting them on their exceptional normal operations for wallet activities. Additionally, their hardware wallet support is what I would describe as best in class, and their comprehensive in-wallet governance user interface remains a vital pillar for decentralized governance. For me, this technical depth is what pivoted my vote to a YES from an ABSTAIN. I highly credit their proposal in terms of the proactive treasury payback mechanism and the clear path to self-sustainability through their upcoming Pro plans. This request functions as a highly accountable, revolving bridge to commercial independence. Keep up the great work, Eternl team. Transaction https://t.co/ASiGDggDnx

     49  5  964
    Original >
    Trend of ADA after release
     Bullish
    Vote YES to support Eternl proposal, enhancing ADA ecosystem
  • Dave OnChain_Analyst Community_Lead A
     25.67K  @ItsDave_ADA

    I just voted YES with 71.45 million ADA, on the https://t.co/83KKvjCAwG Foundation treasury withdrawal request. On behalf of my loyal delegates. Rationale I am formally registering a YES vote on the https://t.co/83KKvjCAwG Foundation treasury withdrawal request on behalf of my delegates. This proposal delivers what our ecosystem critically requires: tangible, large-scale real-world impact. Project Swaminathan is actively operating on Mainnet with over 10,500 verified farmers and is uniquely positioned to scale via established institutional pipelines. This initiative powerfully reaffirms that the Cardano blockchain possesses the genuine ability to improve real-life processes globally. Furthermore, I believe this is an exceptional use-case to showcase the blockchain's core benefits: transparency, immutability, reliability, global availability, and security. Beyond raw adoption, this open infrastructure targets core metrics, projecting an ambitious path toward $900 million in Total Value Locked (TVL) by establishing the verifiable data foundation required for on-chain credit and lending. Crucially, whilst it lacks a direct capital repayment mechanism, its architecture drives structural treasury replenishment. By targeting 112.5 million annual on-chain transactions, this sheer scale of network utility will yield substantial, compounding protocol fee revenue. Securing this massive transaction volume is also essential to properly utilize and economically support our upcoming high-throughput Ouroboros Leios upgrade, and it's this kind of usage and adoption that is the foundation for the long-term sustainability of Cardano. Transaction https://t.co/9XIrpv86pc

     104  8  2.66K
    Original >
    Trend of ADA after release
     Bullish
    ADA voted in support of the fund proposal, expected to increase TVL to $900 million
  • 🪏Blockjock-James Dont Hate Just Create DeFi_Expert Community_Lead B
     6.56K  @blockjock2017
    Elder Millenial D
     1.65K  @ElderM

    🚨 Cardano DeFi Liquidity Update 🚨 We have shortlisted 5 proposals from the 9 that have been submitted. The shortlisted proposals are from: @CswapDEX @MinswapDEX @VyFiOfficial @wingriderscom @DanoFinance Notifications were sent out Sunday night, and proposers have until Monday June 21st to submit updated proposals. As a part of this, we made the difficult decision to only use USDM and USDCx stablecoins. With the price of ADA, we decided to go with the market leaders in total on chain value. This was not an easy decision. The goal of this has always been to use this as a pilot and to submit subsequent treasury requests for additional funds, and we intend to do this in subsequent years to include USDA as well.

     60  56  9.89K
    Original >
    Trend of ADA after release
     Neutral
    ADA DeFi liquidity update, selected USDM and USDCx as benchmarks.