Published On: Mon, Apr 16th, 2018

Cardano Gains 10% After Huobi Confirms Listing

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Smart contracts platform Cardano rose 10% April 15 after China-based cryptocurrency exchange Huobi announced it would add its ADA token.
Huobi Excites ADA Markets
An update specified deposits would become available April 16 on the Huobi Pro international trading platform, with trading itself commencing a day later.
Cardano, which founder Charles Hoskinson confirmed had debuted on the exchange, sparked fresh enthusiasm among traders this month after developer IOHK committed to a host of major upgrades.

Huobi is listing Ada
— Charles Hoskinson (@IOHK_Charles) April 16, 2018

Among them, work on Cardano’s Shelley, which places more power into the hands of users, is almost complete and a rolling release expected in Q2 and Q3 this year.
“Shelley is a massive project with many workstreams and scientific dependencies,” Hoskinson described in a blog post April 9.
It also contains many social processes involving community coordination and management. Effectively, Shelley is about turning over the network fully to the users thereby decentralizing as much as possible.
Altcoin Angst
As altcoin assets stage a broad resurgence on the back of Bitcoin’s recent return to form, traders are spying the likely best picks for short-term profiteering.
As of press …

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