Coinbase is the most conservative exchange in cryptoland, largely because it operates in the U.S. under the watchful eye of the SEC. The $8 billion-valued company trades fewer than ten cryptocurrencies to consumers but on Friday announced it announced a major expansion that could see it list up to 30 new tokens. The company said it is […]
View More Coinbase abandons its cautious approach with plan to list up to 30 new cryptocurrenciesCategory: Ada
Cardano: a rising cryptocurrency that wants to change the world
/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fimage%2F718363%2Fc214cf0d-c7d2-461c-a6dc-a07c2713632e.png)
On Oct. 1, 2017, an unusual event caused a collective gasp in the world of cryptocurrencies. A little known cryptocurrency called Cardano — or ADA, as its corresponding coin is called — showed up on crypto-tracking sites with a market cap of about $600 million.
At the time, it was unusual to see a new coin appear out of thin air with such a high market cap. But Cardano is different. It’s an incredibly ambitious product with a strong team and tons of buzz. By year’s end, the market cap of Cardano was more than $10 billion, despite the fact that the project was in a fairly early stage. In January, it briefly soared to more than $33 billion before receding back to roughly $10 billion as the overall cryptocurrency market shrunk. It is currently the sixth largest cryptocurrency by market cap, behind Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Read more…
More about Cardano, Ada, Charles Hoskinson, Tech, and Sharing Economy
View More Cardano: a rising cryptocurrency that wants to change the world