Connect with us

Altcoins

Cardano (ADA) price gets stable after Kraken exchange listing

Published

on

Cardano
READ LATER - DOWNLOAD THIS POST AS PDF

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.

For the latest cryptocurrency news, join our Telegram!

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

Altcoins

Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring

Published

on

Encrypgen
READ LATER - DOWNLOAD THIS POST AS PDF

Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

Continue Reading

Altcoins

Top 3 Coins to Buy Before They Go Big

Published

on

coins
READ LATER - DOWNLOAD THIS POST AS PDF

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…

Continue Reading

Altcoins

TRON (TRX) Is Likely to Go Big in June

Published

on

Tron
READ LATER - DOWNLOAD THIS POST AS PDF

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…

Continue Reading

Elite