Cardano

Foundation

Gains

<p>In a groundbreaking development, Argentina is set for a significant transformation in its crypto sector as the Cardano (ADA) Foundation joins forces with Entre Rios, a central province of Argentina. Meanwhile, the buzzing Ethereum-based crypto ETF trading platform, <a href="https://www.etfswap.io/?utm_source=thenewscrypto&amp;utm_medium=pr&amp;utm_campaign=0610" target="_blank" rel="noopener noreferrer nofollow">ETFSwap (ETFS)</a>, has been making waves in the crypto market.&nbsp;</p>
<h2 class="wp-block-heading" id="h-etfswap-etfs-best-defi-project-for-substantial-gains-in-2024">ETFSwap (ETFS): Best DeFi Project For Substantial Gains In 2024</h2>
<p>ETFSwap (ETFS) is a decentralized finance (DeFi) crypto <strong>ETF trading platform </strong>that operates on the <a href="http://thenewscrypto.com/news/ethereum-news/" target="_blank" rel="noopener noreferrer nofollow">Ethereum </a>blockchain. This innovative trading platform is a game-changer, bridging the gap between traditional finance (TradFi) entities and decentralized finance (DeFi) protocols. It seamlessly allows investors to own and trade a diverse range of tokenized institutional exchange-traded funds (ETFs).</p>
<p>The tokenization platform prioritizes users’ experience; hence, it is designed to be user-friendly, efficient, secure, and rewarding. With the platform’s unique features, investors can rest assured that their investments will yield substantial returns. Some of these features are:</p>
<h2 class="wp-block-heading" id="h-staking">Staking</h2>
<p>ETFSwap (ETFS) allows token holders to stake their assets in its pool, thereby providing them liquidity for swap trading and earning returns on staked assets.</p>
<h2 class="wp-block-heading" id="h-swap">Swap</h2>
<p>Trading is easy and worthwhile on the ETFswap (ETFS) infrastructure. The decentralized finance (DeFi) platform enables investors to smoothly swap assets efficiently and securely across markets as they wish.&nbsp;</p>
<h2 class="wp-block-heading" id="h-decentralized-governance">Decentralized Governance</h2>
<p>ETFSwap (ETFS) is designed to evolve beyond traditional finance styles of operations. Consequently, it provides transactional trust, 24/7 financial services, peer-to-peer services, and privacy, among others, in buyer-seller transactions.&nbsp;</p>
<h2 class="wp-block-heading" id="h-ample-leverage">Ample leverage</h2>
<p>The crypto ETF trading platform enables investors to amplify their trades with up to 50x leverage on all listed ETFs, allowing them to maximize their profits. In addition, they can utilize the 10x leverage on their listed assets.</p>
<h2 class="wp-block-heading" id="h-no-kyc-hassle">No KYC Hassle</h2>
<p>Investors can trade on the Ethereum-based platform without worrying about any cumbersome Know Your Customer (KYC) verification. This makes it a perfect choice for small and middle-scale investors who often face government interference.</p>
<h2 class="wp-block-heading" id="h-cardano-ada-struggles-despite-argentina-saying-yes-to-it">Cardano (ADA) Struggles Despite Argentina Saying Yes To It</h2>
<p><br><a href="https://cardano.org/" target="_blank" rel="noopener noreferrer nofollow">Cardano</a> announced a new partnership with Argentina in a <a href="https://x.com/Cardano_CF/status/1798403078942757294" target="_blank" rel="noopener noreferrer nofollow">post</a> on its X (formerly Twitter) platform. “<em>Following a public signing between @frigeriorogelio and @rafaelfraga_f, the #CardanoFoundation is collaborating with Entre Rios State to further #blockchain adoption.”</em> The move is perfect for Argentina, whose president has been very vocal about the adoption of digital assets in the country. This alliance is symbiotic, as both parties stand to gain big.&nbsp;</p>
<p>For Argentina, the Cardano partnership is expected to bring several benefits. It will help educate people about blockchain technology, foster a developer ecosystem, and explore suitable projects for government services on the blockchain. This could lead to increased productivity, transparency, and security in government operations. Cardano (ADA) also stands to gain because Argentina is a crypto-friendly nation with a tech-savvy population. This will enable Cardano (ADA) to expand its capacity in the South American region, positioning it for explosive gains.&nbsp;</p>
<p>However, Cardano (ADA) seems to be struggling in the crypto market despite this. According to <a href="https://www.coingecko.com/en/coins/cardano" target="_blank" rel="noopener noreferrer nofollow">data</a> on CoinGecko, the price value of ADA has been relatively static, experiencing a 0.5% decline in the last hour and a 0.6% increase over the last 24 hours. With the recent strategic move, one would have expected an increase in the demand for ADA, the native <a href="https://thenewscrypto.com/tag/cryptocurrency/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency </a>of the Cardano blockchain, and potentially boost its price, but it hasn’t.&nbsp;</p>
<p>At press time, Cardano (ADA) trades for $0.4619.&nbsp;&nbsp;</p>
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 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXctun2ih_BjX6th_ytn9eTuxAz_GuhhsAB3AbgvOLmqH0FATS1882OgjzM-9jF5TJIpPn6jOtT3vuA8J3ks66w1O5lEh4yg3x4bYot4J0J9keiZDutk5KJQfjvPebUulKHJPvm9mWQ-ycMIHZJKCtYRHkk?key=RBfW-Itd7xI28j8sxHPGvA" alt="">
 </figure>
</div>
<p><a href="https://www.etfswap.io/?utm_source=thenewscrypto&amp;utm_medium=pr&amp;utm_campaign=0610" rel="noopener noreferrer nofollow"></a></p>
<h2 class="wp-block-heading" id="h-final-thoughts">Final Thoughts&nbsp;</h2>
<p>While Cardano (ADA) struggles, ETFSwap (ETFS) presents an opportunity to make sweet gains of up to 10,000% on initial investments. The ETFSwap (ETFS) presale is arguably the most prominent discourse in the crypto space right now. The utility token exceeded the crypto community’s expectations in its presale Stage 1, selling over 200 million tokens. Currently in presale Stage 2, the ETFS token is priced at<a href="https://www.etfswap.io/?utm_source=thenewscrypto&amp;utm_medium=pr&amp;utm_campaign=0610" target="_blank" rel="noopener noreferrer nofollow"> $0.01831</a> and is fast selling; over 5.1 million tokens have been sold already.&nbsp;</p>
<p>Now is the best time to take advantage of this opportunity. Make it count!</p>
<p><strong>For more information about the ETFS Presale:</strong></p>
<ul>
 <li><a href="https://www.etfswap.io/?utm_source=thenewscrypto&amp;utm_medium=pr&amp;utm_campaign=0610" target="_blank" rel="noopener noreferrer nofollow">Visit ETFSwap Presale</a></li>
 <li><a href="https://linktr.ee/etfswap" target="_blank" rel="noopener noreferrer nofollow">Join The ETFSwap Community</a></li>
</ul>
<p><strong>Disclaimer</strong>: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.</p>

Cardano Gains Acceptance In Argentina, But Why Is ADA Price Struggling?

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