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Cardano (ADA) price gets stable after Kraken exchange listing

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The crypto market activities began in greenish-style on last Friday as most of the cryptocurrencies trading that time were in the green while increasing by minimal percentages. One of the cryptocurrencies experiencing a smooth activity since then is Cardano (ADA).

At the time of writing, Cardano is priced at $0.085 with a market cap of $2,213,223,331. In the last seven days, Cardano (ADA) saw a market surge of more than 10%. Hence, this is good news for Cardano users as their token has increased its value as well the reach. Still, it is essential to know that Kraken is just a nice little addition as exchanges such as Binance and UpBit have a majority of its trading volume of more than 20%.

We do know that in the past few weeks, Cardano (ADA) hasn’t been at its best as it was formerly trading at $0.07. And as things seem, its recent price stabilization is basically because it has currently been listed on Kraken Exchange. Cardano (ADA) started trading on Kraken with QTUM (QUTUM), and the ‘big’ news has made both cryptocurrencies surge.

Cardano’s listing on Kraken gives it the ability and access to fiat trading pairs as well as digital assets since it will get traded with Bitcoin, Ethereum, USD, etc.

It is important to know that Kraken is a cryptocurrency-exchange company based in the United States. The exchange operates in countries such as Canada, Europe, Japan, and the United States. Kraken is also a prominent crypto-exchange. It has a daily volume of $160 million, and it is fully supported in Europe.

The crypto-exchange platform has decided to add Cardano and QTUM to its platform to boost its network. It is good news for both the exchange company and also these newly listed digital assets.

Kraken announced this in an official blog post:

We are pleased to announce that Kraken will list two new digital assets – Cardano (ADA) and Quantum (QTUM)”

Start timing for trading and funding
Both funding and trading will immense simultaneously for both digital assets. The estimated global launch time is:

Friday, September 28 at 6:00 am – PST
Friday, September 28 at 9:00 am – EST
Friday, September 28 at 1:00 pm – UTC
Friday, September 28 at 3:00 pm – CEST
Friday, September 28 at 9:00 pm – HKT

Additionally, Kraken is also making progress in the cryptocurrency sphere as it replied through its official Twitter page to the proclamations of Barbara D. Underwood, New York Attorney General. The exchange Tweeted,

Technically, Cardano has seen dips in the past three months, but following the listing news on Kraken, it has bounced off the channel; at the moment, there is a pullback to the 61.8% FIB level or to the lower end of the channel again.  Its MACD has turned bullish, so a small pullback is probably what is needed to propel this digital coin higher on the next move.

In the past, there have been some bullish predictions that ADA will attain $1, but the long bearish trend in the market significantly affected its price. With Kraken listing and other recent developments around the cryptocurrency, we hope there will be some positive changes in the price of Cardano (ADA) very soon.

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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.

Photo by Chris Barbalis on Unsplash

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A matter of time before TRON (TRX) achieves mass adoption

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Tron (TRX) has all its eyes on decentralizing the internet, or rather content-sharing to ensure that creatives, artists, musicians, and authors can all release their content without the need of middle companies. As it seems, Tron’s founder hopes that the coin will challenge the globe’s major content providers like Facebook and YouTube.

The coin has undoubtedly made progress since its launch from a coin offering on the Ethereum ledger platform to now a native coin present on the official Tron Mainnet. If you think launching the independent MainNet is all Tron wanted to achieve, you are mistaken.

The aim is towards mass adoption as well as creating a decentralized web. Yeah, it is a  fact that in the past weeks TRX has experienced price declines, but currently, the cryptocurrency is riding 5.37% hike against the USD in the last 24 hours (remember most of the other top coins including Bitcoin are in red).

It’s also continued succeeding in attaining quality listings such as the Bittrex (to name one of the most recent ones). Therefore, it seems as every step TRON makes is a sign of progress to make the decentralized web a reality.

How TRON (TRX) is Making Mass Adoption a Reality

The primary objective for TRON (TRX) is to create a decentralized web which will be a representation of the internet’s next generation. Therefore, in making that a reality, the largest file-sharing platform, BitTorrent that has over 100M global…

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Cardano (ADA) research manager meets with Brazil representatives

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Cardano is one of the top crypto assets in the market today. With its visionary team, it has become robust in creating projects that not only benefit its blockchain but the world.

Its CEO, Charles Hoskinson, also the founder of IOHK, has also been focused on making sure Cardano’s utility spreads across countries. It is important to know that IOHK, the team that has developed Cardano’s blockchain was created in 2015.

IOHK is a reputable digital company that is poised in making use of peer-to-peer innovations to provide financial services to more than 3 billion people that don’t really have access to them.

As part of the plans by the Cardano’s team to provide great innovations for providing financial services to people worldwide, and empower countries across the world, Cardano’s research manager, Mario Larangiera, met with Mario Borges, the President of the Brazilian National Council for Scientific and Technological Development (CNPq) in the Brazilian Embassy in Tokyo, in Japan, to talk about the future of Brazil.

Mario Larangiera tweeted on his Twitter page:

Meeting with Mario Borges the president of the Brazilian National Council for Scientific and Technological Development (CNDq) in the Brazilian Embassy in Tokyo. In Japan but thinking about the future of Brazil.”

Moving forward, it is important to note that Cardano is poised in making great systems for financial services of the world, and it is taking a wise approach with its collaborations.…

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Hyperion-Stellar Partnership Finalized — Support For Stellar’s Crypto Assets Trade About To Arrive

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Hyperion and Stellar: A new partnership

According to a recent announcement by Global Blockchain Technologies Corp., it would seem that the known crypto exchange Hyperion has finally made an agreement with Stellar (XLM). The new partnership is to allow Stellar’s own crypto assets to be traded on Hyperion’s platform. This move is expected to significantly impact Stellar’s price and spread awareness of the coin and its goal even further.

Hyperion uses an alternative trading system (ATS), which was licensed by the SEC. As a part of this arrangement, previously attained via investment in DBOT (Delaware Board of Trade), Hyperion has permission to also operate as a broker-dealer. It is also expected to become North America’s first advanced security token exchange.

As many are already aware of, Stellar is a trading protocol that is used for issuing, exchanging, and transferring digital assets. It works with several other cryptocurrencies, but also with fiat currencies like the USD. Additionally, Stellar also works even with some commodity assets, like gold.

Stellar’s goal is similar to that of Ripple, at least when it comes to enabling faster and better cross-border transactions. While Ripple focuses on providing its services to banks and financial institutions, Stellar aims to provide these services to individual investors. Thanks to this, Stellar has received a lot of attention and praise from individual investors, as the general interest in cryptocurrencies grew.

Why is this partnership important?

By joining Hyperion’s…

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