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Binance.US adds Cardano {ADA}, Stellar Lumens {XLM}, Ethereum Classic {ETC} and a few more projects following launch


Cardano is ranked at #13 beneath Monero in the market. The trading volume recorded stands at roughly $139.154 million, while the supply has 25,927,070,538 ADA coins included as part of the circulation. The total market cap of Cardano amounts to $955.530 million as of this moment. Cardano sunk at a rate of 19.80% in the course of the past 24-hours. This brought ADA all the way down to $0.036855 where it presently holds.

An announcement published 2 days ago dictates the inclusion of Cardano {ADA}, Basic Attention Token {BAT}, Ethereum Classic {ETC}, Stellar {XLM} as well as 0x {ZRX} on Binance.US.

Initially, deposits will be the only benefits associated with these digital currencies. Once trading is live, the option for withdrawals shall be included too. Binance.US was unleashed as the main website was unavailable for the thousands of traders in the United States.

According to the candlestick chart connected to the ADA/USD pair on tradingview [based on data obtained from Bittrex], sellers are deeply influencing the performance of the 3rd generation blockchain-based digital currency. The daily RSI [for 14 periods] is at 27.83 which signifies that Cardano has reached oversold territory.

The MACD line dipped below the signal line a day back, thereby turning the histogram crimson. The brown peak tied to the Awesome Oscillator has been created under the zero line [for today]; this points to the prevalence of bearish pressure.

the Jormungandr roadmap has been updated. According to the steffanjj [on Reddit]:

  • Ledger development has reached beyond 90%
  • Network – 60%

This points to the 2nd phase of the Shelley testnet [which was scheduled to be completed by September] being a highly unlikely scenario. This isn’t the first time the Foundation and IOHK have failed to abide by their personally-set deadlines.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.