Cardano News Roundup: CIP-69 Implementation Confirmed, Hoskinson on CBDCs, Gemini Listing Rumors, and Price Analysis

Cardano (ADA) has been in the news lately for a variety of reasons. Here’s a quick rundown of the latest developments:

CIP-69 Included in Chang Hard Fork

Cardano founder Charles Hoskinson confirmed the inclusion of CIP-69 in the upcoming Chang hard fork. This change will improve security and flexibility for developers building decentralized applications (dApps) on Cardano by allowing a single validator script to serve multiple roles.

Hoskinson Criticizes CBDCs

Hoskinson expressed his concerns about Central Bank Digital Currencies (CBDCs) in a social media post. He believes CBDCs could lead to increased financial surveillance and limit user privacy and autonomy.

Cardano Gemini Listing Rumors Swirl

Speculation is rising about a potential listing of ADA on the Gemini cryptocurrency exchange. This follows the publication of a Cardano founder’s article on Gemini’s educational platform, Cryptopedia. While Gemini has been hesitant to list ADA in the past, historical trends suggest exchanges often cave to community pressure eventually.

ADA/USD Technical Analysis: Cardano Price at Critical Support

ADA’s price is currently hovering near a crucial support level. A break below this level could see it fall out of the top 10 cryptocurrencies by market capitalization. Technical indicators and on-chain data suggest a possible price decline, but bullish momentum from the MACD indicator offers a glimmer of hope.