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Reading: Cardano Integrates with BitcoinOS and Expands Its Ecosystem
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COINTURK NEWS > Cardano (ADA) > Cardano Integrates with BitcoinOS and Expands Its Ecosystem
Cardano (ADA)

Cardano Integrates with BitcoinOS and Expands Its Ecosystem

In Brief

  • Cardano integrates with BitcoinOS to access a $1.3 trillion capital pool.

  • Charles Hoskinson plans to relaunch the Bitcoin Education Project in 2025.

  • EMURGO and BOS partnership enhances Cardano's DeFi capabilities.

Fatih Uçar
Fatih Uçar 9 months ago
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Cardano $0.713693 has completed its integration process with BitcoinOS (BOS). This development enables Cardano to gain direct access to Bitcoin’s $1.3 trillion capital pool. Now, Cardano can interact with the Bitcoin $117,289 ecosystem without the need for third-party intermediaries.

Contents
Hoskinson Announces 2025 Education ProjectInnovations from EMURGO and BOS PartnershipFluctuating ADA Price

Hoskinson Announces 2025 Education Project

Charles Hoskinson, co-founder of Cardano, announced he will relaunch the Bitcoin Education Project in 2025 following the BOS integration. This project aims to extend beyond platforms like Solana $159 and Ethereum $2,944. According to Hoskinson, the growth potential for Cardano with BitcoinOS is substantial.

Innovations from EMURGO and BOS Partnership

The collaboration between EMURGO and BitcoinOS has brought Bitcoin’s scalable and programmable features into Cardano’s DeFi space. This integration offers broad opportunities for users and developers within the Cardano network. BOS has the potential to provide cross-chain capabilities to Cardano, supporting a wider Web3 ecosystem.

Ken Kodama, CEO of EMURGO, stated that this partnership will enhance Cardano’s cross-chain capabilities and provide secure access to Bitcoin. He believes this collaboration will accelerate the growth of the Cardano ecosystem.

Fluctuating ADA Price

Despite all these innovations, there is no significant increase in the price of ADA. Data shows that ADA has dropped over 16% in the last month, falling to $0.34. While some signs of recovery exist, the price has not recorded a noteworthy rise.

In conclusion, the Cardano ecosystem is rapidly evolving, but the ADA price has only increased by 14% since the start of the year. The BOS integration could strengthen Cardano’s position in blockchain competition and contribute to the diversification of DeFi projects.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 28 October, 2024 - 10:02 am 28 October, 2024 - 10:02 am
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