Cardano Jumps 7% After Coinbase Fixes Withdrawal Bug

Cardano Jumps 7% After Coinbase Fixes Withdrawal Bug
Cardano (ADA) followed many layer 1 tokens and posted gains during the Asian trading hours on Thursday. Cardano rose 7% soon after Coinbase restarted withdrawals on Wednesday. Traders started facing withdrawal issues last week.Sentiments in Asia were further buoyed after Hong Kong’s central bank, Hong Kong Monetary Authority (HKMA), seemed to provide an open ear to crypto stakeholders in a new discussion paper.Cardano was trading at $1.30 by mid-day Hong Kong time, up 6% in the past 24 hours, according to CoinGecko.Other layer 1 tokens, such as Solana (SOL), also posted gains of up to 10% in the past 24…