Cardano’s Hoskinson Shouts Out Ripple and XRP Army: Here’s Why

PANews reported on November 17 that Morgan Stanley forecasts a target price of 7,800 for US stocks by the end of 2026 and expects US stocks to outperform other regions. In addition, the agency upgraded its rating on U.S. small-cap stocks relative to large-cap stocks to "overweight," while also adjusting the ratings of some sectors, upgrading the consumer discretionary sector from "underweight" to "overweight" and the healthcare sector from "neutral" to "overweight." Morgan Stanley also predicts that the dollar index will fall to 94 in the first half of 2026, before rebounding to 99 by the end of the year.

The post Fat Finger Causes Whale to Lose $6M in USDA Swap appeared on BitcoinEthereumNews.com. A dormant Cardano wallet just vaporized more than $6 million in a single swap after executing one of the most extreme slippage events the network has seen this year. The holder — whose address had not shown any activity since September 2020 — reappeared on-chain Sunday and swapped 14.4 million ADA (worth roughly $6.9 million) for just 847,695 USDA, a little-known Cardano-native dollar stablecoin. The trade was first flagged by on-chain investigator ZachXBT in their Telegram channel. (ZachXBT) The user effectively paid more than $8 per USDA at execution — a disastrous price, given that USDA is supposed to be pegged near $1 and has a market cap of only around $10.6 million. The transaction instantly wiped out around $6.05 million in value. With only thin on-chain depth available, the order ripped the stablecoin’s price to nearly $1.26 on Cardano DEXs, according to CoinGecko. USDA briefly floated above peg before retracing to roughly $1.04, as liquidity normalized once the whale-sized order finished clearing. The address had no prior history with USDA, making it unclear whether the user misclicked, confused the stablecoin ticker, or assumed liquidity would hold for a market-order style swap. A mistaken ticker choice is plausible — USDA is not widely traded, and the Cardano ecosystem has multiple USD-denominated assets with similar tickers. The episode is a textbook example of why large traders avoid illiquid pools and never route size through automated market makers without slippage checks. Even a few million dollars in ADA can overwhelm decentralized liquidity if the opposing side of the pool is barely funded. In previous cycles, traders have repeatedly lost seven-figures due to wrong tickers, zero-liquidity pools, or overly aggressive market orders executed through aggregators. On Cardano, the mistake is reverberating through trader circles not because of the stablecoin involved, but because the…

The post Is Hyperliquid the new frontier for innovation? appeared on BitcoinEthereumNews.com. This is a segment from the 0xResearch newsletter. To read full editions, subscribe. One of the key things I like to track in crypto is a subjective criterion I call “where are new interesting developments and proposals taking place.” There are plenty of dashboards and analytics sites for this, the most popular being the Electric Capital site. The issue is that it still shows Polkadot as having a lot of developers. (At Blockworks we solved the noise problem with active users; maybe we can try the same for active developers.) Because of this noise, I prefer to track two simple observations: What is the velocity of new products launching, and how much mindshare are these products capturing? Are many people getting nerdsniped into discussing the novelties and intricacies of the chain? A related point is the caliber of people being attracted to new ecosystems. For example, over the past few years, Solana (and Ethereum) attracted the majority of talent. Talent generally goes where: It can solve interesting problems or create interesting projects. It can make a lot of money. In a podcast I did with Icebergy about a year ago, we discussed how crypto still wasn’t attracting talent at the levels AI was, despite offering faster exits and more money. AI was (and probably still is) more interesting to most talent and seen as more prestigious. After FTX, crypto lost a lot of credibility and has only recently started recovering as larger institutional players re-entered. Apart from FTX, crypto has also been criticized for being full of low-effort forks and limited utility products. This dynamic isn’t unique to crypto though. Many AI companies are also just building wrappers around GPT, which is as uninteresting as some projects in crypto. Anyway, to the point: Historically, Solana has captured the majority of…