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CHarbelG
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$ADA
in the short term we have resistance points up to and including $1.97 and long term resistance at the all-time high of $3.09.
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Input Output Global (IOG), the development team behind Cardano $ADA , has launched Daedalus v7.0.0, the latest version of its full-node wallet for desktop users. The update introduces an automatic voting mode, allowing users to choose options like abstention or a “no confidence” vote. This feature ensures that all $ADA wallet holders, regardless of their involvement, can participate in governance decisions. The release of Daedalus v7.0.0 is a significant milestone in Cardano’s path toward greater decentralization, as the community prepares to vote on the Cardano Constitution in January 2025.
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The annual inflation rate increased to 2.7% in November, in line with expectations. On December 10, Bitcoin $BTC mining giant MARA Holdings purchased 11,774 Bitcoins for a total of $1.1 billion. What are you waiting for ?!!
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Cardano's Significant Move Towards Community-Driven Governance The Cardano community has strongly endorsed a new constitution, with 95% of votes in favor. This approval represents a key moment in the evolution of Cardano's governance, designed to strengthen decentralization and encourage greater involvement from $ADA holders, the network's native token.
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US-based spot Bitcoin Exchange-Traded Funds (ETFs) have already accumulated more than 1.1 million Bitcoin $BTC , surpassing the holdings of Bitcoin's creator, Satoshi Nakamoto. This milestone has been achieved in less than a year, positioning these ETFs as the largest Bitcoin holders globally. The rapid accumulation highlights the growing institutional adoption of Bitcoin through regulated financial products, as well as the increasing demand for exposure to the cryptocurrency in a secure and accessible way. This shift marks a significant moment in the evolution of Bitcoin's financial ecosystem.
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Cardano ($ADA ) has achieved a significant milestone by topping 100 million transactions. The Epoch 529, named after Epoch 529 , plan provides the best opportunity for the SPOs and ICC to vote to ratify the hard fork in January 2025, as ratification and enactment can occur at any Epoch boundary between Jan. 4 and 29, 2025. The Cardano constitution was recently approved, marking a major milestone for both Cardano and the broader crypto industry. The next step is for the Cardano community to decide whether to ratify it, with the proposal expected to be submitted on-chain in January 2025.
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