Cardano Dan's Newsletter - Issue #154
People We Love
Quote of the Day
“All across America, we gather this week with the people we love to give thanks to God for the blessings in our lives.”
― George W. Bush
Thanksgiving in America is about a lot of things. But for many people, above all, it’s about gathering with people we love.
I’m thankful that each year, I have people to gather with that I love and that love me. I hope and pray for that for each of you.
If you’re someone that doesn’t have anyone like that in your life, please know that God and Jesus love you more than any person can and they are there for you this and every week.
In The News
Protests over COVID vaccination mandates are heating up around the world. People are concerned about their personal health choices and freedom and are making their voices heard.
My personal hope is that people will make their voices heard in peaceful and productive ways and I hope that leaders will take note of the growing “feedback” they’re receiving.
El Salvador continues to be an example of how a government can integrate cryptocurrencies into government funding and operation.
The country will be creating a “Bitcoin City” that will have no income, property, capital gains or payroll taxes. Bitcoin mining will be energized by volcanic heat and a $1 billion US “bitcoin bond” will be issued to help pay for the endeavor.
Cardano Updates
The November Cardano360 update will be released this Thursday. I probably won’t watch it on Thanksgiving, but will catch up with it over the weekend.
Charles took to YouTube over the weekend to answer some recent attacks on Cardano and explain how, with crypto, we stand at the edge of a new reality.
Technical Analysis / Price Discussion
Cardano ADA is messing around with the 200D EMA some more. It’s helpful to look a precedent from earlier in the bull run.
In September - November 2020, ADA spent about 60 days flirting with the 200D EMA.
In June - July of this year, ADA touched the 200D EMA twice about a month apart.
Currently, ADA is flirting with the 200D EMA after briefly touching it about a month ago.
So, it wouldn’t be unheard of for ADA to flirt with the 200D EMA for a whole month. Do I expect this? Not really, but it’s always worth exploring possibilities.
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.