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Cardano News Today – Charles Hoskinson Says he is the King of Rats After Adam Back Talks About Bitcoin – August 24th, 2020

  • Charles Hoskinson Calls Himself the King of Rats During Conversation With Adam Back 
  • Cardano ADA Gets The Green Light but Remains Relative Bearish Mid-term

Cardano News Today – It’s no longer news that Cardano Charles Hoskinson is one of the most prominent members of the cryptocurrency community. His contribution to the growth and development of Cardano is amazing and no one can deny this. He doesn’t hide his confidence in Cardano and the ADA token. Yesterday, he got into a conversation with Adam Back from Blockstream. It all started when Adam Back complimented Hoskinson. He said that he understands Bitcoin BTC more than other altcoins. He also said that he believes Hoskinson knows more about Bitcoin than Buterin and Craig Wright. Following the compliment from Back, Hoskinson updated his Twitter bio adding “King of Rats” to the title.

Cardano News Today – Charles Hoskinson is the King of Rats

Everyone knows that Cardano is Hoskinson’s favorite project. Even if he is also a co-founder of Ethereum, the expert has said that he doesn’t want to be remembered as the co-founder of Ethereum but as the founder of Cardano. Despite his strong interest in Cardano and the ADA token, Back believes that Hoskinson still knows more about Bitcoin than Buterin and Wright. Back made his remarks after a tweet battle with Shadders, a Twitter user. The argument was primarily about cryptocurrency incentives and blockchain security. During the conversation, they talked about several aspects of Bitcoin, Bitcoin SV, and Cardano.

Cardano (ADA) Price Today – ADA / USD

According to Back, Wright, Buterin, and Hoskinson are the biggest contributors to the development and promotion of blockchain technology. Still, he cited that Hoskinson knows better in his opinion. While he feels this way about Charles Hoskinson, not everyone at Blockstream agrees with him. Another Blockstream executive, Samson Mow, fancies Ethereum’s Buterin more than other executives. He said that Buterin’s marketing techniques for Ethereum are much better than Justin Sun’s aggressive methods for Tron and his other altcoins.

Cardano News Today – Cardano ADA Gets The Green Light but Remains Relative Bearish Mid-term

Meanwhile, the Cardano ADA token seems to have found stability in the $0.1200 level. At the time of writing, the price of the token was $0.125348. It is up by 3.06% against the USD and up by 1.82% against Bitcoin BTC. The trading volume over a 24 hour period was $267,390,291 and the market capitalization was $3,249,909,213. The support at the $0.1200 level seems to be holding steady. If the token holds this support, it will not fall lower near-term. If the bulls manage to push the token higher, there is a strong chance that it will retest the yearly high of $0.15400.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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