CardanoCardano ADA news

Cardano is a smart-contract platform for financial applications. Its layer-based system ensures flexibility and allows upgrade by way of soft forks. ADA is the cryptocurrency on its blockchain
Price, 24h
0.08185 USD / 0.00001021
4.25% / 1.49%
Volume, 24h
87,875,011 USD
-8.24%
Marketcap
2,112,796,978 / 0.84%
Emission
58%
Chart price/vol/NIS 7d
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 24

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 24 The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market […] Cet article Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 24 est apparu en premier sur Bitcoin Central.
Bitcoin Central

Cardano [ADA]: Low value currencies ‘should be digitized,’ claims Charles Hoskinson

Charles Hoskinson, IOHK CEO and Founder of Cardano, had recently collaborated with the Ethiopian government to roll out Enterprise Blockchain Framework, in a bid to develop a new digital asset that provides a secure and reliable payment method. In a recent AMA session, Hoskinson stated that for local currencies with very low value, a digitized representation would solve a lot of financial problems. Talking about Cardano’s plans for the un-banked population or for people using cash-only financial services due to economic bankruptcy or other reasons, Hoskinson said, “The unbanked are not poor necessarily they still have the ability to produce wealth they still have local wealth whether it be knowledge or land or raw resources so there’s something of value” The first step to overcoming this, according to the Founder, is to understand the “local value” and then “create liquidity within that source” and lastly, “bringing the liquidity to the global market.” The foundational component to foraying into an underdeveloped country is understanding the people and their social graph. He asserted that such data for such places exists, but in fragmented form. The data sets are difficult to unify in such cases. Hoskinson said, “.. so before you attempt to Bank anybody the really the first step is to attempt to identify people and get an understanding who people are and do that in a very low-cost way” According to the CEO, this can be done in a “digital way” so that information is easily retrievable. He added, “Mine and do all kinds of things now once you have that then likely if you’ve done it correctly you also have a public/private key pair that is associated with the identity and then you can use that as a route for a wallet as for some sort of a payment system that’s cryptocurrency based” After the local currency of the country or representation of that currency is digitized, Hoskinson asserted that it is incredibly easy to get local buy-in and get people paid. The Founder also claimed that this is a superior system to the systems that are in place in the developing world. The post Cardano [ADA]: Low value currencies ‘should be digitized,’ claims Charles Hoskinson appeared first on AMBCrypto.
AMBCrypto

Cardano ADA Now On Bullish Trajectory For $0.9 And Beyond

Cardano has seen a small 5% price bounce over the past 24 hours, bringing the current price for the… The post Cardano ADA Now On Bullish Trajectory For $0.9 And Beyond appeared first on Invest In Blockchain.
Invest In Blockchain

Litecoin [LTC] surges by over 10% over 24 hours; Bitcoin Cash [BCH], Binance Coin [BNB] and Cardano follow suit

Several top digital currencies listed on CoinMarketCap were surging as bulls rose to the occasion. The recent bullish swing can possibly be attributed to growing institutional adoption and the cryptospace’s numerous positive developments. The altcoin rally was dominated by the Litecoin [LTC], and was followed by Cardano [ADA], Bitcoin Cash [BCH] and Binance Coin [BNB]. Litecoin [LTC] The sixth largest crypto-asset, Litecoin, gained significant market momentum and rose by 10.15% over the last 24 hours. It was priced at $94.74, at press time, and held a market cap of $5.86 billion. It recorded a 24-hour trading volume of $3.63 billion. Additionally, the digital asset was up by 7.16% over the week. Source: TradingView Cardano [ADA] Cardano Founder and IOHK CEO Charles Hoskinson had previously revealed a spree of upgrades and expansion plans across the Asian and African continents, which have contributed to the coin’s bullishness. At press time, the tenth largest crypto-asset pumped to a value of $0.081, after rising by 8.92% over the past 24 hours. ADA held a market cap of $2.12 billion and a 24-hour trading volume of $108.5 million over the last 24 hours. A positive change of 2.88% was seen for the coin over the week. Source: TradingView Bitcoin Cash [BCH] The Bitcoin fork coin, BCH, after struggling to keep up the support level at the $400-mark was trading at $410, after a rally of 8.46% over the last 24 hours. At press time, the fourth largest crypto-asset registered a market cap of $7.29 billion and a trading volume of $2.44 billion over the last 24 hours. Besides, BCH rose by 12.94% over the past week. Source: TradingView Binance Coin [BNB] The upcoming Initial Exchange Offering, and the launch of various promising projects have all catapulted BNB’s price to $33.37, after a positive swing of 8.36% over the last 24 hours. Binance’s in-house token saw a massive 400% rise in 2019. At press time, BNB held a market cap of $4.71 billion and a 24-hour trading volume of $591 million. The coin also posted 34.36% gains over the week. Source: TradingView Conclusion The latest bullish wave is speculated to continue with an increase in adoption in various mainstream fields. Litecoin [LTC], with its imminent halving in August has managed to hold on to the $80-mark and has surged past it, leading the market on its latest surge. The post Litecoin [LTC] surges by over 10% over 24 hours; Bitcoin Cash [BCH], Binance Coin [BNB] and Cardano follow suit appeared first on AMBCrypto.
AMBCrypto

Cardano’s [ADA] Charles Hoskinson reveals diversification plans in Asia and Africa

Charles Hoskinson, CEO of IOHK and Cardano’s [ADA] Founder, recently put Africa on its map to spur adoption in the crypto-ecosystem. The team launched significant upgrades and projects this year. In a recent AMA session, Hoskinson spoke about Cardano’s adoption curve. Hoskinson said that Emurgo was responsible for the commercialization of the technology, and added that the team was undertaking various plans for the Asian market, especially in Japan and Indonesia. Citing the Japanese working class turning old and real estate prices going down, which is a big challenge of the Japanese government, he said, “It would be really cool if we can reinvigorate these areas of real Japan and by using innovative technologies, not just blockchain but AI and IOT and other things to innovate industry verticals that are meaningful in those areas” According to Hoskinson, the Cardano team is currently focusing on “building on-ramp” for people who have completed outside the cryptocurrency space. He revealed that the team had been chasing this adoption curve as it was scalable. The CEO also said, ” .. we have been aggressively pursuing Mongolia as a great case study for all kinds of things from building local currencies to air quality pilots” In terms of bringing new people into the space, Hoskinson said that the team was currently in talks with the Ethiopian government to develop a token for Addis Ababa. Successful execution of the token would mean a foray of millions of new people into the cryptocurrency world, asserted the CEO. It was previously reported that the team was planning to launch an enterprise blockchain framework. The post Cardano’s [ADA] Charles Hoskinson reveals diversification plans in Asia and Africa appeared first on AMBCrypto.
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Cardano (ADA) news by Finrazor

HIGHLIGHT

Binance Launches Testnet of Decentralized Exchange

The world’s largest cryptocurrency exchange, Binance announced the launch of Binance DEX testnet. Binance DEX is said to be secure and scalable – with a block interval of one second. User account registration is now open. Testnet went live on Wednesday morning, 20 February 2019

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DIGEST

Startups in Switzerland and Liechtenstein, natural integration of crypto into Switzerland's banking system, Jamaica's JSE and securities, more crypto exchanges news: South Korea and Cayman Islands as newsmakers, Malta's MFSA scam 'scanner', fund for blockchain integration in Uzbekistan, Kik against SEC trial

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HIGHLIGHT

The cryptocurrency market has been anything but stable in recent days. But we, the Finrazor team, do not let the spikes and free falls distract us from work. For the past few weeks, we’ve been preparing a series of educational beginner-friendly articles about some of the more established as well as newer technologies

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ESSENTIAL

Cardano claims to be a third-generation cryptocurrency that seeks to provide a scalable, interoperable and sustainable ecosystem with a two-layer architecture using a peer review-based approach to development

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OPINION

Cardano CEO Gives Video Update

In his yesterday’s impromptu AMA, Charles Hoskinson, founder of Cardano (ADA), talks about the function of ADA tokens, the Cardano treasury, recent price drops, and a range of general topics.

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DIGEST

This week has been eventful in the crypto world. Ripple tries to rebrand its XRP coin, South Korea and China may lift their ICO ban, Bittrex is launching USD trading pairs and EOS’ long-awaited mainnet is soon to go live.

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DIGEST

Minor and major recent milestones in Top-50 coins and tokens, except for meetups and hackatons.

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DIGEST

Iran coin, Error in EOS, IOTA and Kontrol Energy partnership, France lowers tax, Bitcoin.com fixes its webpage, Sharding is coming, South Korea explores crypto industry, Alexis Ohanian's prediction, Telegram abandons public sale, Ripple faces UK Parliament, Google adds BigInt to V8, IMF report, Goldman Sachs will trade BTC, Cardano and Ethiopia partnership

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Mike Novogratz: Facebook’s GlobalCoin Won’t Rival Bitcoin

Coinspeaker Mike Novogratz: Facebook’s GlobalCoin Won’t Rival BitcoinMajor Bitcoin bull and former Wall Street exec Mike Novogratz recently discussed the current state of the cryptocurrency industry. The Galaxy Digital CEO explained why he thinks the crypto winter is finally over and why ‘Facebook Coin’ won’t rival Bitcoin.During his interview, Novogratz reminded that everyone had their own version of Bitcoin and the supply exponentially grew. Bitcoin, he thinks, had really established itself as a store value. He said:“This is hard to do because there is just one more stored value of this kind. It’s gold. It is hard to be worth something just because it’s worth something. Almost everything else is different. For example, Uber shares are worth something because people are using it. What Bitcoin has done is a unique thing.”He also referred to Bitcoin’s intrinsic value saying:“You can take all the gold in history that has been mined and put it in three Olympic swimming pools and it’s worth $8,5 trillions. Why? Because it sits in the vaults.”Novogratz went to mention that retailers are buying Bitcoin but also the institutions are moving in. There are Yale, Harvard and Stanford endowments.Microsoft Wanting to Link with Bitcoin Blockchain is a Big ThingThe CEO claims the original Bitcoin boom witnessed around 2016-2017 was influenced by the retail-driven investments by around 98%. This means more companies were buying cryptocurrency at a time when it looked like the future of finance. The recent developments in the crypto world are also affected by ‘credentialing’ according to the CEO especially with the recent move by Microsoft in the industry.“Also, there is Microsoft, one of the biggest companies in the world that says they want to do identify solution by linking it to the Bitcoin blockchain. Now this is big.”Microsoft recently announced their initiation of an identity solution to add to the Bitcoin blockchain. As more investments crowd Bitcoin, its value soars higher as witnessed in the recent spike. Microsoft is not the only big organization enabling the ‘credentialization’ of Bitcoin. Not long ago, Facebook lifted all the bans it had imposed on cryptocurrency and any blockchain-related advertisements.He also mentioned Facebook coin saying that it is really important for the ecosystem.“Crypto is going to be part of Facebook’s future. However, this coin will be listed to some stable currency and will be used for payyments. Bitcoin on the other hand is not going to be the payment currency – it will be stored vault, just like gold. If you really think bitcoin is gonna win this store of value, everything else needs to be used for something.”GlobalCoin Isn’t a Threat to BitcoinAs we’ve already wrote, Facebook’s GlobalCoin will probably be established as a stablecoin, pegged to the dollar or local currencies in the countries that will be allowed to use it. It is also likely to run on a private, centralized blockchain, owned and controlled by the company. Based on this fact, it can not be perceived as a direct competition to Bitcoin or other peer to peer decentralized digital currencies.Other coins that piqued Novogratz’s interest include Ethereum and EOS. These projects have to encourage developers to build on top of their platforms. Just few days ago he was comparing various cryptocurrencies with chemical elements in the periodic table. He then considered the role of altcoins, hinting that each coin will have “to prove themselves out” in order to provide a certain use case.On this note, Novogratz argued out that “there’s no one building anything on the Litecoin blockchain,” as opposed to the Ethereum blockchain.Recently, Novogratz made yet another Bitcoin prediction, claiming that the major cryptocurrency will beat its all-time-high record of $20,000 within the next 18 months.Mike Novogratz: Facebook’s GlobalCoin Won’t Rival Bitcoin
Coinspeaker

Binance Exchange soon To Roll Margin Trading Service For the First Time

An official blog released by Binance exchange confirms the launch of Margin trading service. However, earlier on May 24, 2019, Binance tweeted two screenshots, seeking user’s suggestion on which layout would they be preferred, a white background one and the black background. It was first noticed on Binance’s Twitter handle when a tweet was posted with two different colors included with the tab of Margin. Nonetheless, it was to create the buzz of its upcoming feature but according to TechCrunch, it has already been tested among a few users. As the testing has already been undergone, it is worth to predict that the margin trading option will go live anytime soon. By usage, Margin trading is an option that enables traders to boost up their buying power by using their balances as collateral. However, it wasn’t available at Binance exchange even the binance itself as the largest exchange as well as  the margin trading option carries potential profit margin. It is the first of its kind of Binance to launch margin trading service whereas the other trading platforms including BitMex, Huobi Pro, Poloniex, Coinbaes’s GDAX and Kraken are already serving this service to their customers. Also Read – Binance’s BNB Token Jumps 12% to Hit $34 Following Margin Trade Interface Tease At the moment, Binance is the second largest cryptocurrency exchange in terms of adjusted volume of the last 24 hours. It presently counts the volume of $2,088,850,554. Nonetheless, its native token, Binance Coin (BNB) is soaring a new peak of $33.87 against US Dollar. According to data provided by Coinmarketcap (CMC), BNB is surging with 6.42 percent over the past 24 hours and presently valuing the average trading volume of $4,781,168,385. Image source – Coinmarketcap What’s your take on BNB’s soaring value.? Do you think it will jump higher citing margin trading option by Binance exchange.? Let us know in the comment below Image source – Techcrunch The post Binance Exchange soon To Roll Margin Trading Service For the First Time appeared first on Coingape.
CoinGape

Is Facebook Launching its GlobalCoin Cryptocurrency Next Year? BBC Says Yes

There’s been a lot of information circulating that Facebook is moving into the crypto market. And while some of this information is outright false, other bits are true — at least, that’s what the sources say. Take today, for example. On Friday, BBC said Facebook (NASDAQ:FB) is going to roll out GlobalCoin next year in several countries. Here’s everything we know. Facebook’s GlobalCoin Hitting the Market Soon? According to BBC, a London, UK-based broadcasting company, Facebook is planning to roll out its cryptocurrency “GlobalCoin” in 2020. The online media giant, according to the BBC ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
Crypto Currency News

Facebook’s GlobalCoin Allegedly to be introduced in 2020

The post Facebook’s GlobalCoin Allegedly to be introduced in 2020 written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics According to a report by the BBC, Facebook has serious plans introduce its own crypto currency. The facebook coin, internally referred to as ‘GlobalCoin’ will be introduced in multiple countries in the first quarter of 2020, after extensive testing at the end of this year. The new stablecoin which has been rumored about for a […] The post Facebook’s GlobalCoin Allegedly to be introduced in 2020 written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics
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