Cardano (ADA) is experiencing a notable lack of enthusiasm in derivatives markets, with open interest persistently below $500 million. Open interest serves as a key indicator of market participation and conviction. Recently, open interest slipped to approximately $431 million. Cardano activity has quieted down in recent days. Why are speculative traders stepping away from the tables? The subdued derivatives activity comes as Cardano faces headwinds in the broader cryptocurrency market. ADA has failed t ...

cardano Cardano ADA founder Charles Hoskinson revealed his personal cryptocurrency holdings have depreciated by more than $3 billion in paper value. During a public livestream from Tokyo on Thursday, Hoskinson characterized the figure as an unrealized loss and stated he had no intention of liquidating his position. “It’s easy for you to say, Charles, you’re rich. You can ride it out. I’ve lost more money than anyone listening to this, over $3 billion now,” Hoskinson said. “It’d have been real easy to c ...