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ADA Dip Buyers Defend Key Support: Will the Bounce Lead to $1?

Summary by Cointelegraph
ADA’s rebound off the $0.74 support and a wider crypto market recovery raise the chance of a Cardano rally to $1.
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Cardano (ADA) has seen sharp volatility over the past 24 hours. A mini-death cross, a key signal in technical analysis, was confirmed on ADA's hourly chart. This formation suggests a short-term bearish...

Tensions are rising in the Cardano community while a major delegate, known simply as "Whale", has launched a critique of the founder Charles Hoskinson and Input Output Global, accusing them of wasting millions in ADA on unfulfilled promises. Whale, which would control about 6 million ADAs of delegated voting power, declared a total rejection of all future proposals of the IOG. The Cardano article in crisis: Whales reject IOG, Hoskinson threatens…

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CoinTribune broke the news in on Wednesday, July 23, 2025.
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