At the Midnight Summit, Cardano founder and Input Output Global CEO Charles Hoskinson set out a staged rollout for Midnight, a privacy-and-identity network he describes as crypto’s next generational layer. In a Dapp Central interview, he positioned Midnight as an extender of existing ecosystems rather than a competitor: “We’re here to make your life easier [&#8230;]

في قمة منتصف الليل، كشف تشارلز هوسكينسون، مؤسس كاردانو والرئيس التنفيذي لشركة Input Output Global، عن خطة إطلاق تدريجية لشبكة منتصف الليل، وهي شبكة تركز على الخصوصية والهوية. وأكد أن منتصف الليل تهدف إلى تعزيز الأنظمة البيئية الحالية بدلاً من التنافس معها، مما يجعلها تقدمًا كبيرًا في مشهد العملات المشفرة.

En la Cumbre Midnight, Charles Hoskinson, fundador de Cardano y CEO de Input Output Global, presentó un plan de lanzamiento por etapas para Midnight, una nueva red de privacidad e identidad. Destacó que Midnight tiene como objetivo mejorar los ecosistemas existentes en lugar de competir con ellos, posicionándolo como un avance significativo en el panorama de las criptomonedas.

Lors du Midnight Summit, Charles Hoskinson, fondateur de Cardano et PDG d'Input Output Global, a dévoilé un plan de lancement par étapes pour Midnight, un nouveau réseau axé sur la confidentialité et l'identité. Il a souligné que Midnight vise à améliorer les écosystèmes existants plutôt qu'à les concurrencer, le positionnant comme une avancée significative dans le paysage des cryptomonnaies.

At the Midnight Summit, Charles Hoskinson, founder of Cardano and CEO of Input Output Global, unveiled a staged rollout plan for Midnight, a new privacy-and-identity network. He emphasized that Midnight aims to enhance existing ecosystems rather than compete with them, positioning it as a significant advancement in the cryptocurrency landscape.

Cardano Founder Reveals Midnight Launch Roadmap

Cardano&#8217;s price action has been trending downwards alongside the rest of the crypto market, but the on-chain side of things shows the blockchain activity is failing to keep pace with expectations for a top-tier blockchain.  Recent weeks have shown sluggish participation across key network indicators, and the stagnation has increased the long-standing ghost chain narrative. [&#8230;]

سعر كاردانو يتجه نحو الانخفاض جنبًا إلى جنب مع بقية سوق العملات المشفرة، بينما النشاط على السلسلة لا يفي بالتوقعات لبلوكشين من الدرجة الأولى. تظهر المؤشرات الأخيرة مشاركة ضعيفة، مما يعزز السرد حول كاردانو كـ 'سلسلة شبح'.

El precio de Cardano ha estado en declive junto con el resto del mercado de criptomonedas, mientras que la actividad en la cadena no cumple con las expectativas para una blockchain de primer nivel. Las métricas recientes muestran una participación baja, reforzando la narrativa de Cardano como una 'cadena fantasma'.

Le prix de Cardano a diminué parallèlement au marché des cryptomonnaies, avec une activité sur la chaîne qui ne répond pas aux attentes pour une blockchain de premier plan. Les indicateurs récents montrent une faible participation, renforçant le récit de Cardano en tant que 'chaîne fantôme'.

Cardano's price has been declining alongside the broader cryptocurrency market, with on-chain activity failing to meet expectations for a leading blockchain. Recent metrics indicate low participation across key indicators, reinforcing the narrative of Cardano as a 'ghost chain'.

Analyst Calls Cardano A ‘Ghost Chain’ Amid Disappointing Network Metrics

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTEvMDE5MzI0YzQtNTVmMi03OGM2LTg1MjUtMTAxN2VjNTYzNWUy.jpg" alt="21Shares lists six more crypto ETPs in Europe: Aave, Cardano and more"></p><p>21Shares, one of the largest crypto ETF issuers with $8 billion in assets, continues to introduce more investment products in Europe as an influx of new crypto ETFs hits the US.</p>

قامت شركة 21Shares، وهي واحدة من أكبر مُصدري صناديق الاستثمار المتداولة في العملات المشفرة ولديها أصول بقيمة 8 مليارات دولار، بتوسيع عروضها في أوروبا من خلال إدراج ستة منتجات متداولة في البورصة (ETPs) جديدة في العملات المشفرة، بما في ذلك Aave وCardano. يأتي هذا التحرك في ظل تزايد الاتجاه نحو إدخال صناديق الاستثمار المتداولة الجديدة في الولايات المتحدة.

21Shares, uno de los principales emisores de ETF de criptomonedas con 8 mil millones de dólares en activos, ha ampliado su oferta en Europa al listar seis nuevos productos cotizados en bolsa (ETP) de criptomonedas, incluyendo Aave y Cardano. Este movimiento se produce en medio de una creciente tendencia de nuevos ETF de criptomonedas en el mercado estadounidense.

21Shares, un émetteur majeur d'ETF crypto avec 8 milliards de dollars d'actifs, a élargi son offre en Europe en listant six nouveaux produits négociés en bourse (ETP) en cryptomonnaie, dont Aave et Cardano. Ce développement intervient dans un contexte de tendance croissante des nouveaux ETF crypto aux États-Unis.

21Shares, a leading crypto ETF issuer with $8 billion in assets, has expanded its offerings in Europe by listing six new cryptocurrency exchange-traded products (ETPs), including Aave and Cardano. This move comes amid a growing trend of new crypto ETFs being introduced in the US market.

21Shares lists six more crypto ETPs in Europe: Aave, Cardano and more

Cardano (ADA) founder Charles Hoskinson previously projected that the Bitcoin price could reach an impressive price of $250,000 as early as this year. This bold forecast, made in April, came at a time when Bitcoin was trading at $77,000 after achieving a record high of $109,000 in January.  Hoskinson&#8217;s Optimistic Bitcoin Price Forecast Hoskinson&#8217;s optimism was based on his belief that international negotiations, particularly between the US and China, would favor Bitcoin’s growth.  The Cardano founder suggested that easing tariffs would lead to a positive market reaction and bolster adoption, particularly with the anticipated passage of the GENIUS Act, which was signed into law by President Trump a few months later. Related Reading: Bitcoin Dips Below $90,000—Yet Altcoins Remain Unscathed: Here’s Why However, the current market realities have raised doubts about Hoskinson&#8217;s prediction. Since then, Bitcoin has experienced significant fluctuations, briefly regaining momentum to reach $126,000 mid-October, only to see the broader crypto market subsequently shed over $1 trillion in total market cap.  This downturn has largely been attributed to persistent selling pressure by concerned investors, and substantial outflows from the Bitcoin exchange-traded fund (ETF) sector, with nearly $2 billion sold over since October. As it stands, Bitcoin is trading at approximately $89,300, marking a nearly 30% decline from its recently achieved all-time highs. In light of this, Jacob King, CEO of Swandesk, publicly dismissed Hoskinson&#8217;s $250,000 price target, characterizing it as unrealistic.  Is Bitcoin In A New Bear Market Cycle? In a post on social media platform X (formerly Twitter), King stated that such lofty price predictions are “pulled out of thin air” and reflect a market still grappling with “delusions.” King elaborated on his viewpoint, suggesting that the industry is in the early stages of a new bear market cycle.  He is not alone in this assessment. Market expert Lark Davis recently noted that, based on the classic four-year Bitcoin price cycle, the cryptocurrency has officially entered bear market territory.  Davis commented that this scenario leaves two possibilities: either the established four-year cycle is no longer relevant, or the market has indeed shifted into a bearish phase. Given the current macroeconomic backdrop, he leans toward the latter interpretation. Related Reading: Kraken Achieves $20 Billion Valuation With $200 Million Investment From Citadel Additionally, others in the market have echoed these bearish sentiments. An analyst known as Mr. Wall Street has recently speculated that the Bitcoin price peaked at $126,000.  The analyst believes that this may mark the zenith for this cycle, predicting that the Bitcoin price could next face significant downward pressure, potentially slipping to a range between $74,000 and $82,000. He further forecasts a possible decline to levels between $54,000 and $60,000 by the fourth quarter of 2026. Featured image from DALL-E, chart from TradingView.com

توقع مؤسس كاردانو، تشارلز هوسكينسون، سابقًا أن يصل سعر البيتكوين إلى 250,000 دولار هذا العام، مشيرًا إلى المفاوضات الدولية المواتية كعامل محفز للنمو. ومع ذلك، فإن التقلبات الأخيرة في السوق قد أثارت الشكوك حول هذا التوقع، حيث انخفض سعر البيتكوين بشكل كبير عن ذرواته السابقة. يحذر المحللون الآن من أن السوق الهابطة قد بدأت للتو.

El fundador de Cardano, Charles Hoskinson, había pronosticado previamente que el precio de Bitcoin podría alcanzar los 250,000 dólares este año, citando negociaciones internacionales favorables como un catalizador para el crecimiento. Sin embargo, las recientes fluctuaciones del mercado han puesto en duda esta previsión, ya que el precio de Bitcoin ha disminuido significativamente desde sus máximos anteriores. Los analistas ahora advierten que el mercado bajista podría estar comenzando.

Le fondateur de Cardano, Charles Hoskinson, avait précédemment prédit que le Bitcoin pourrait atteindre 250 000 $ cette année, citant des négociations internationales favorables comme catalyseur de croissance. Cependant, les fluctuations récentes du marché ont jeté le doute sur cette prévision, alors que le prix du Bitcoin a considérablement chuté par rapport à ses sommets précédents. Les analystes avertissent maintenant que le marché baissier pourrait à peine commencer.

Cardano founder Charles Hoskinson had previously predicted that Bitcoin could reach $250,000 this year, citing favorable international negotiations as a catalyst for growth. However, recent market fluctuations have cast doubt on this forecast, as Bitcoin's price has significantly declined from its previous highs. Analysts are now warning that the bear market may just be beginning.

Cardano Founder Reveals Midnight Launch Roadmap

Was this article worth reading? Share it