Cardano Dan's Newsletter - Issue #135
Laughter & Pain
Quote of the Day
“"To truly laugh, you must be able to take your pain, and play with it!"”
― Charlie Chaplin
I really like people that know how to have fun and enjoy life. That grows into respect for people who know how to take pain and play with it.
Do you know how to play with your pain? Do you know how to laugh at yourself once and a while? These are skills that are necessary to make it through life’s rough spots.
If not, these are skills you can develop and it’s worth doing. We each experience our fair share of pain in life.
In The News
The first ever Bitcoin ETF debuted with the “highest ever first day ‘natural’ volume.” This is a great sign for many of us expecting a huge run in the 4th quarter. It took Bitcoin to the edge of its prior all time high.
Metaverse Backer Animoca raised another $65M. It’s most recent funding round values the company at $2.2B, twice as much as it’s funding round in May. from a
Cardano Updates
Charles Hoskinson provided a brief, but update-packed video update from South Africa. It’s short and worth a listen.
We’ll be announcing the drop date for Zombie Chains later today! We are SO EXCITED about the quality of the art on this project. We put together this speed drawing to show off the creation process. Hope you like it! (make sure sound is on)
Technical Analysis / Price Discussion
Let’s take a break from Cardano ADA analysis to take a look at the big mover recently, Bitcoin.
As you probably know already, Bitcoin has approached it’s all time high pretty quickly. There’s quite a bit of positive momentum for Bitcoin right now and it could break right through all time highs and keep moving higher.
However, I suspect that Bitcoin is going to mess around with this level for a little while and give altcoins a little time to catch up. Is this a sure thing? Absolutely not. It’s why diversification is a better strategy than being a maximalist.
This newsletter is for entertainment and educational purposes. I’m not a financial advisor and you should do your own research and consult a financial advisor before investing in cryptocurrencies.