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Cardano (ADA) price gets stable after Kraken exchange listing

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Cardano
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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

Altcoins

TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Positive Crypto Price Trend Moves VeChain (VET)

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VeChain
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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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