Cardano has been added to the Bloomberg Terminal, a platform used by professional traders, in a move that could expose the cryptocurrency to a new wave of potential investors.
Cardano is a peer-reviewed blockchain that uses the native currency ADA. Despite the news, Cardano’s native cryptocurrency is following the broader crypto market’s downtrend, falling by almost 5% in the last 24 hours and 9.5% in the last seven days. However, since the start of 2021 ADA has seen high levels of growth—opening the year at $0.18 but currently sitting at $1.02.
In addition—according to Coinmarketcap—ADA ranks fifth by market capitalization among all cryptocurrencies with a total of $32 billion.
Days before Cardano was added to the Bloomberg Terminal, Galaxy Digital CEO Mike Novogratz pondered whether his Twitter followers could make a bull case for ADA. “Does anyone build on it? Use it? Why is market cap so high?” he wrote, adding, “Should it be a funding asset? It’s one of the
Źródło: https://decrypt.co/61413/cardano-added-to-bloomberg-terminal
