Cardano Reaches One Day Volume of $409.31 Million (CRYPTO:ADA)

Cardano One Day Trading Volume Tops $614.35 Million (ADA)

An update specified deposits would become available April 16 on the Huobi Pro worldwide trading platform, with trading itself commencing a day later.

Cardano price is showing positive signs against the US Dollar and Bitcoin. Cardano (ADA) just jumped another 10 percent in the last 24 hours and has been recording a daily increase like that for nearly 7-days now.

Over the past 24 hours, the price of Cardano (ADA), a proof-of-stake smart contracts blockchain protocol created to service large decentralized applications with flexibility and efficiency, rose by more than 12 percent against the U.S. dollar and 13 percent against bitcoin.

Huobi Pro, one of the largest digital currency exchanges in China lists Cardano [ADA], where it can be traded for Bitcoin [BTC], Ethereum [ETH], and Tether [USDT].

BitShares (BTS) traded 6.9% lower against the dollar and now trades at $0.21 or 0.00002621 BTC.

Ardor (ARDR) traded down 0.3% against the dollar and now trades at $0.31 or 0.00003780 BTC.

Cardano ADA price found a short-term support at $0.23, bounced towards the major resistance level at $0.24. Cardano maximum coins available are 45.00B. The Reddit community for Cardano is /r/cardano and the currency's Github account can be viewed here. Cardano's official Twitter account is @CardanoStiftung and its Facebook page is accessible here. Cardano's official message board is forum.cardanohub.org. ADA uses Ouroboros algorithm and PoS proof type.

Designed and developed by IOHK in conjunction with the University of Edinburgh, the University of Athens and the University of Connecticut, Cardano SL (or Cardano Settlement Layer) is a Proof of Stake cryptocurrency based on the Haskell implementation of the white paper "Ouroboros: A Provably Secure Proof of Stake Blockchain Protocol" by Aggelos Kiayias, Alexander Russell, Bernardo David and Roman Oliynykov.

Among them, work on Cardano's Shelley, which places more power into the hands of users, is nearly complete and a rolling release expected in Q2 and Q3 this year. Investors seeking to acquire Cardano must first buy Ethereum or Bitcoin using an exchange that deals in USA dollars such as Changelly, Coinbase or GDAX.

Recently, traders and investors have become more ambitious and confident in their calls, and have started to acquire more small cap cryptocurrencies as well as other major cryptocurrencies outside of bitcoin and Ethereum. ADA grew more than 9% in the past day, to $0.23, but has since turned the trend.

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