Cardano Founder Addresses Liquidity Concerns Over eToro Delisting
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 to Twitter to address these concerns, assuring....
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Cardano has been in the middle of some major FUDs these past weeks and this has not been good for the value of the digital asset. Numerous negative news circulated around the asset, the most prominent being the delisting of ADA for U.S. users from the eToro crypto exchange. Since then, the altcoin has suffered massive dips that have sent the price of the digital asset towards three-month lows. Related Reading | Cardano Founder Addresses Liquidity Concerns Over eToro Delisting Although news of the delisting is a week out, the FUD surrounding the project has not subsided. This has....
Crypto exchange eToro has just announced that it is delisting two major cryptos from its platform. As regulatory concerns grow, crypto exchanges have found themselves bearing the brunt of the weight and have had to take steps to avoid this. This has led to the delisting of cryptocurrencies from crypto exchanges in order to maintain compliance with the regulatory environment. The latest of the exchanges that have been bucking under the weight of regulatory concerns is eToro. On Tuesday, the exchange announced via a blog post that it will be delisting community favorites Cardano (ADA) and....
Is ADA looking like the next XRP? Rumors of regulatory concerns are flying around as eToro delists the token. Hoskinson argues back calling on the widespread misinformation, he is not worried about ADA’s future. A recent announcement from eToro seemed to have put Cardano in hot waters. The cryptocurrency exchange said it would be limiting […]
Cardano has recorded a significant uptick in active addresses in recent days. This comes despite the negative news that has surrounded the digital asset following news of mid-sized crypto exchange eToro demising the altcoin for U.S. users. This has sent the price of the asset barreling downwards towards points that had not been touched in the past three months. The downtrend in the cryptocurrency had opened up an opportunity for investors to snatch up ADA at discounted prices before the expected bounce back. In addition to expected releases of decentralized applications (DApps) on the....
Yesterday, eToro, the multi-asset platform with over 14 million registered users globally, announced that it is launching its new staking service. eToro’s staking service will initially be for Cardano (ADA) and TRON (TRX). Cardano staking is a new addition to the crypto space, and eToro is delighted to be one of the first to support this. eToro CEO and Co-founder Yoni Assia commented, “eToro has a large and active crypto community and our goal is […]