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.
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.
Tomorrow, @KorbitBTC will launch LTC trading. It’s awesome that one of the oldest Korean exchanges will now support Litecoin. I still remember asking Korbit many years ago. 😀
I have donated 100 LTC for a promotion. See blog post for more details. 🚀https://t.co/f2H4HoJm9p
— Charlie Lee [LTC] (@SatoshiLite) April 17, 2018
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.
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%.
Recently, Cardano’s leader Charles Hoskinson has shown his witty side via his personal twitter.
Yo dawg, I heard you like sidechains so we put a sidechain in your sidechain so it can have it’s own sidechain https://t.co/4f6wuzKDO3
— Charles Hoskinson (@IOHK_Charles) April 18, 2018
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.
Haskell is overly academic…there is no real world use cases of haskell… haskell’s too hard. How about super mario bros in Haskell? https://t.co/xqWuP4Bexh
— Charles Hoskinson (@IOHK_Charles) April 19, 2018
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.
At press time, BCH is trading at $1,106.58 a coin, up 14.36%, in 24 hours.
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