Cardano Dan's Newsletter - Issue #96
Bold Discovery
Quote of the Day
“No great discovery was ever made without a bold guess.”
― Isaac Newton
Great discoveries require bold guesses. You don’t change the world being timid. But guesses don’t need to be “blind.” Guesses can, and should, be “informed.”
Cardano’s design and development is led by a bunch of bold individuals. The ecosystem is also supported by a bold community. I consider it an honor and a privilege to be part of discovering the next financial system of the world together.
Share my newsletter today to help more people learn about this exciting new frontier!
In The News
Democrats passed a 3.5 Trillion budget proposal in the Senate along party lines. This is a really scary proposal that will have extraordinarily bad impacts on the American taxpayer.
Elections have consequences. There is no doubt that this spending is contributing to crypto’s current success. Fiat money is rapidly losing its value.
The Poly Network hacker returned nearly all the funds that they stole in the largest every cryptocurrency hack. This space is better than reality TV.
Cardano Updates
Project Catalyst kicked off Fund 6 which will include $4 million worth of funding! The Cardano governance system is best in class IMHO and it is just getting started!
Input Output announced that the target Alonzo hard fork date is September 12th! Cardano Summit will be September 25th & 26th. Strap in. The next 6 weeks are going to be a trip.
Technical Analysis / Price Discussion
I tweeted a couple of days ago that once we break $1.90, we’re practically (for all intents and purposes) into price discovery.
That’s because, as you can see in the chart below, there is barely ANY volume above $1.90. Between the coming launch of smart contracts and the current price situation, we have VERY exciting days and weeks ahead!
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.