1. Cardano Blockchain Development Progress
Binance’s US division, amidst its battle with the US Securities and Exchange Commission (SEC), announced the suspension of USD transfers. On the other hand, Cardano developers refute the SEC’s claim that ADA tokens are securities. Despite SEC’s regulatory efforts, some cryptocurrencies remain stable due to strong user trust, demand, and trading outside the SEC’s jurisdiction. However, the regulatory environment remains volatile, making it difficult to predict future impacts and market trends.
2. Metaverse Virtua Project
It appears that a new game called “Jetpack Hyper League” has been released in the Virtua project. Players navigate through various obstacles and enemies while using a jetpack to collect coins and power-up items, aiming for high scores. This thrilling and casual hyper-casual game offers enjoyable gameplay. If you’re interested, check out Virtua Games Network’s Twitter and Discord!
3. ADA Market Analysis
The price of ADA is currently experiencing an upward trend, but overall, it is still in a downtrend, and further decline is expected. Although there is a temporary upward trend at the moment, we cannot rule out the possibility of a downward move until we see the first sign of a small micro five-wave downward movement on a lower timeframe. The crucial resistance levels to watch are between $0.26 and $0.304, and unless the price breaks and sustains above $0.304, it is expected to eventually head lower. The $0.382 level also serves as important support. As there is not much significant movement in the higher degree wave count, it is important to carefully observe the situation.
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https://www.youtube.com/watch?v=nfE6-Mn0hOA
https://www.youtube.com/watch?v=UKzyQ9GiXpE
https://www.youtube.com/watch?v=NFpX0lhdzYA
