News Cardano (ADA)’s Potential Listing On Coinbase Could Trigger A...

Cardano (ADA)’s Potential Listing On Coinbase Could Trigger A Rally For The Coin

-

- Advertisment -

Coinbase is reportedly the third most liquid exchange after Binance and Liquid, and despite the various controversies that the exchange found itself in, it still has a pretty massive influence in the crypto space.

Coinbase is in the middle of controversy

Coinbase found itself in the center of a debate, and you might guess one of the reasons – listing Ripple’s XRP. Ripple was also accused of paying for this important listing.

More than that, it also involves the acquisition of a blockchain analytics startup called Neutrino.

Both these moves seem to have had a massive impact on the crypto exchange platform.

Founder of the leading crypto exchange in the US, Kraken has detailed some of these issues in a recent podcast.

The whole situation escalated when Neutrino became involved.

The community has noticed that some core members of the Neutrino team were also a part of Hacking Team – and this is a business that used to sell surveillance tools to governments.

Both these issues have affected Coinbase, and more users have been deleting their accounts and announcing this on social media.

Cardano (ADA)’s Potential Listing On Coinbase Could Trigger A Rally For The Coin

Cardano in the market

Back in Q2 2018, Coinbase stated that they were exploring five coins to list on their exchange and the coins included ADA as well.

From the five coins that the crypto exchange said it was considering for listing only ADA remains out.

NewsBTC reported that “Coinbase were aggressive, listing diminutive and low liquid assets as BAT, OX, and ZCash (ZEC).”

They also write that “to some extent, this was understandable since ADA remained centralized as development steps up. However, the recent conclusion of Byron and the transition to Shelly would increase chances of Coinbase.”

Cardano’s price is up these days and it’s pretty clear that a listing on Coinbase could trigger a further surge for the price of this digital asset.

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Top 7 Porn Sites That Accept Bitcoin/Crypto

Bitcoin and other cryptocurrencies are not that exotic anymore. Ever since the big boom on the crypto...

“Chinachain” aims to connect hundreds of cities across China. Will it work?

If there’s ever a “Chinachain” for business, sanctified and supported by the state, the BSN ( Blockchain...

Top 10 BEST Crypto Trading Books for New Traders (2020)

We may receive a small revenue share if you purchase something from this guide - with...

Crypto Firm That Connects Exchanges and Banks Receives $5m Investment From Wells Fargo

Cryptocurrency startup Elliptic recently held a Series B funding round which was joined by a venture arm...
- Advertisement -

Will New Zealand’s crypto salary project work?

Now in 2020, Bitcoin, and in a broader sense cryptocurrencies in general, have gone through hundreds of...

Is Tron’s decentralized app market really a “Las Vegas on the blockchain?”

The original idea behind creating cryptocurrencies was to offer a much more decentralized and convenient payment platform...

Must read

Top 7 Porn Sites That Accept Bitcoin/Crypto

Bitcoin and other cryptocurrencies are not that...

“Chinachain” aims to connect hundreds of cities across China. Will it work?

If there’s ever a “Chinachain” for business,...
- Advertisement -Cardano (ADA)’s Potential Listing On Coinbase Could Trigger A Rally For The CoinCardano (ADA)’s Potential Listing On Coinbase Could Trigger A Rally For The Coin

You might also likeRELATED
Recommended to you