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ADA Cardano News: ADA Joins Bittrex and Abra

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ADA Cardano news
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Despite the crypto market’s bearish nature returning once again, recent ADA Cardano news still managed to remain mostly positive.

ADA Cardano news allow investors to stay optimistic

This year has been marked as one of the worst ones in the recent history of cryptocurrencies. Ever since mid-January, cryptos have been experiencing price drops almost constantly, and bad news continued to pile up. However, despite this, there were a few coins that have made progress, even though their prices went down with the rest of them.

Cardano (ADA) is a crypto that has experienced a significant increase in visibility and exposure, even though its price followed the behavior of the rest of the market. The most recent positive ADA Cardano news have seen this coin joining some big exchanges, with Bittrex being the most important one. In adding ADA, Bittrex exchange added to the coin’ popularity, confidence, and trust.

Another big and positive Cardano news includes the coin joining the Abra wallet. These two entities made a big step towards mass crypto adoption, and have made a big step ahead of the others.

Cardano joins Abra and Bittrex

Cardano’s addition to a known exchange and wallet are a clear signal that the demand for digital assets and fiat currency is there. Still, the fiat pairing will not include all cryptos, since there are strict parameters that the coins need to meet. Mostly, the listing will only include those coins that have a potential for extra liquidity.

Cardano is definitely one of them, but it seems that ZCash might be another such coin. When it comes to Cardano, its goal is to achieve mass adoption primarily in developing countries. The population of these countries usually has very limited access to banking services. The problem grew even more since the fees for such services skyrocketed. However, the population of developing countries still has an access to smartphones and the internet, which is all they need to make use of Cardano. Now, through partnerships such as Abra and Bittrex, ADA is one step closer to offering its services to these populations.

Right now, Bittrex is only processing those deposits that came from the accounts created prior to September 4th. Ensuring that all accounts are KYC compliant is a lengthy process, so it might take some time before the platform completes it. Still, for those looking for good ADA Cardano news, this one ranks pretty high.

Additional benefits to the partnership with Bittrex will include quite advanced security levels and very low transaction fees. ADA pairing is also much more secure than USDT pairing since this option tends to erode the value of other coins due to market’s volatility. ADA has no such issues and can provide its traders with a direct link to numerous fiat currencies.

The timing of these partnerships couldn’t have been more perfect for everyone involved. The current crypto market situation is getting worse each day, and crypto/fiat interaction is dropping alarmingly. Even though this Cardano news did not really improve the price of the coin, it still gave it quite a boost.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Altcoins

TRON (TRX) Is Likely to Go Big in June

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Tron
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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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Altcoins

IOTA (MIOTA) Pending Update Might Bring Huge Gains in Days to Come

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The crypto space is erupting once again, and if popular predictions are correct — the growth is only starting. However, in the vast sea of altcoins that hold the massive potential to go big in the future, we would like to set IOTA aside as one of the coins that might blow up quite soon.

As always, there are no guarantees of this, as the crypto space still lacks regulations, and remains highly volatile. To see proof of this, all you need to do is look at Bitcoin, which goes up by $1,000 within a day, only to slowly drop by $700 in the following week, and then repeat the process. In other words, there is still a lot of uncertainty regarding any project, and that includes IOTA.

However, even with all of that in mind, many are quite optimistic about this particular project, especially after a recent announcement. The announcement in question indicates that IOTA is about to see a massive upgrade. In most cases, this would be more than enough of a reason to expect the coin to start performing better. But, in IOTA’s case, this is nearly a guarantee that it will.

The update is believed to carry a lot of fixes for a lot of problems that traders and investors have been reporting for a while. No crypto is perfect, and since IOTA is…

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