Bitcoin Cash(BCH), Litecoin(LTC), & Cardano(ADA) Soar – Bright Skies Ahead

Bitcoin Cash(BCH), Litecoin(LTC), & Cardano(ADA) Soar – Bright Skies Ahead

The cryptocurrency market, as a whole, is on an uptrend and is nearing the $400 billion mark. Bitcoin Cash(BCH), Litecoin(LTC), & Cardano(ADA) are all seeing significant gains, today we’ll take a look at their latest updates.

Source: CoinMarketCap

As you can see from the chart above, investor confidence is growing around the cryptocurrency market. There isn’t any major news that would confirm investors confidence.

Litecoin (LTC)

There haven’t been any big updates to Litecoin within the last three days. KorbitBTC launched LTC trading just two days ago.

With LitePay’s horrific demise, TenX has sure picked up their slack and are running full steam ahead. Hopefully, a litecoin debit card is soon on the horizon.

 

Source: CoinMarketCap

It has been a strong week for LTC, as you can see from its growth from the chart above. At press time, LTC is trading at $150.01 a coin, up 4.43%.

Cardano (ADA)

Recently, Cardano’s leader Charles Hoskinson has shown his witty side via his personal twitter.

If you ever want up-to-date information on Cardano, I suggest you follow his account. Also, Cardano is written in Haskell and has received quite the critique as it is deemed by some as too ‘hard’ to code. While it may not be a coding language that is used by many, it doesn’t mean it can’t be used for things we use today.

Hoskinson just posted a hilarious tweet for all the haters out there, I recommend you click the video if you’re a Haskell doubter.

 

Source: CoinMarketCap

At press time, ADA is trading at $0.292 a coin, up 7.55%, in 24 hours. It currently remains the top seventh cryptocurrency by its market cap.

>> Cardano vs. EOS

Bitcoin Cash (BCH)

Bitcoin Cash is currently in the run-up to their upgrade (hard fork) set to occur on May 15th. Bitcoin cash was created using 8MB blocks instead of 1MB used by Bitcoin. The upgrade will boost its block sized to 32MB which will boost its capacity for processing transactions. The upgrade will provide the blockchain simpler smart contracts.

It seems BCH is in a price run-up ahead of its upcoming upgrades.

Source: CoinMarketCap

At press time, BCH is trading at $1,106.58 a coin, up 14.36%, in 24 hours.

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