Panic had washed over the Cardano community after news broke that midsize exchange eToro would be delisting the token, alongside Tron. The announcement came as a surprise and users milled onto social media to try to get explanations after receiving the email alerts. eToro had not given much of an explanation besides regulatory concerns which did not do much to quell the panic. Many had worried that the delisting was a result of low liquidity. Given this, there had been the need for some clarification. Cardano founder Charles Hoskinson took…
Day: November 24, 2021
Ripple Partners With Republic Of Palau To Develop National Digital Currency
Digital payment network Ripple has partnered with the Republic of Palau to develop its own digital currency. The payment network is still on a mission to dominate the global payments industry. That is, despite the issues it is dealing with in the U.S. Related Reading | SEC Takes Blow In Action Against Ripple, Will It Impact XRP Price? Like El Salvador, the country does not have its own fiat currency or even a Central Bank. Its legal tender, instead, is the U.S. dollar. The partnership with Ripple will focus on developing…
Cardano (ADA) Set To Begin Trading On Bitstamp On Wednesday
Cardano (ADA) is set to debut on top cryptocurrency exchange Bitstamp. The altcoin has not had a good run of it lately but things seem to be looking up for the project. After smart contract capability had been deployed on the network, expectations had swelled for the possible growth of the digital asset. Now, while the technology has lived up to expectations, ADA has not. The token had suffered greatly in the market after hitting a new all-time high. It has proved resistant to strides being made in its underlying…