Cardano Dan's Newsletter - Issue #178

Grace Under Pressure

Quote of the Day

“Courage is grace under pressure.”

― Ernest Hemingway

We all experience pressure in our lives. Some of us handle it better than others. I have my moments of handling pressure well and also moments where I handle it poorly.

I once watched someone crack under pressure and throw their cell phone against a wall where it exploded. Not much grace there. As I grow through my experiences under pressure, I hope to become more and more courageous where the people around me experience grace.

In The News

1. PayPal is exploring the creation of its own stablecoin. 2022 is going to be a really big year for stablecoins.

2. The Kazakhstan situation that I covered last week could turn into a very big deal. Here’s why.

Cardano Updates

1. Charles hosted his first Twitter Space! It is so awesome to hear Charles and the community interacting together like this. You can listen to a replay below.

   Charles Hoskinson @IOHK_Charles

   Join me in my Space! https://t.co/nPr8U6oY3Q

   January 9th 2022

   328 Retweets1,965 Likes

2. We released really big news about Zombie Hunters over the weekend. Zombie Hunters NFTs include SWAG & an Attacking Zombie!

   Every Attacking Zombie will be unique! There are guy and girl Attacking Zombies and they have different skins, clothes, eyes, and hats/hair. Zombie Hunters have TWO entirely unique digital pieces in the SAME NFT.

   
   Click the tweet below to see the full image and for a chance to win a Zombie Hunter NFT.

   Zombie Chains @ZombieChains

   🚨 Attacking Zombie Giveaway! 🚨 Zombie Hunters #NFTs have two totally unique digital images in each #NFT! To enter giveaway, do all 3: ✅ Follow @ZombieChains ✅ Retweet ✅ Tag 2 friends 👇 Winner receives random Hunter after drop later this month.

   

   January 8th 2022

   508 Retweets484 Likes

Technical Analysis / Price Discussion

Markets look like junk. Cardano ADA has broken below the point of control on the Volume Profile index and important trendline support as well.

We’re either at the moment where everyone flips to thinking we’re in a bear market, and then the market reverses, or we’re in a bear market.

Because I’ve watched crypto markets play with people’s emotions so long, I think its the former rather than the latter. But if we don’t see a reversal soon like I expect, things could get much worse.

Next major support level below current levels is $1 - a key psychological level.

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.