Cardano ADA Shows Signs of Bullish Reversal as Selling Pressure Diminishes

Analysts are predicting a bullish reversal for Cardano's native token ADA as selling pressure begins to fade. Following a recent market correction, ADA is showing signs of resurgence, with technical indicators pointing to a potential trend reversal. The weakening bearish momentum and exhaustion among sellers suggest that a rebound may be on the horizon. This development comes after ADA faced significant selling pressure earlier in the week, making the current shift in market sentiment particularly noteworthy for investors and traders alike.

Analyst Predicts Bullish Reversal for Cardano as Selling Pressure Fades

Cardano's native token ADA shows signs of resurgence following a recent market correction. Analysts observe weakening bearish momentum, suggesting a potential trend reversal as bullish technical indicators emerge.

The cryptocurrency's price action indicates exhaustion among sellers, with market participants anticipating a rebound. This shift comes after ADA weathered significant selling pressure earlier in the week, demonstrating the asset's resilience in volatile conditions.

Cardano's Compliance with New IRS Rules Draws Praise from Charles Hoskinson

Cardano founder Charles Hoskinson has welcomed the network's alignment with updated U.S. Treasury and IRS staking regulations. The November 10 guidelines establish liquidity requirements for crypto exchange-traded products, mandating asset transferability within one business day.

Cardano's architecture appears uniquely positioned to benefit from these rules. Its liquid staking model allows ADA delegation without token lock-ups—a competitive advantage over proof-of-stake chains requiring vesting periods. The self-custodial nature of Cardano staking further complies with the emphasis on redemption standards.

Regulatory clarity could accelerate institutional adoption of Cardano-based financial products in the U.S. market. The network's technical design demonstrates how blockchain protocols can evolve to meet traditional finance requirements without compromising decentralization principles.

Cardano Founder Responds to EU Anonymity Debate with Midnight Privacy Focus

Charles Hoskinson, founder of Cardano, has underscored the strategic rationale behind Midnight—the network's privacy-centric sidechain—in response to growing regulatory scrutiny. The commentary comes as European Union officials push for stricter identity verification measures that could erode online anonymity.

"This is why Midnight exists," Hoskinson stated, framing the project as a counterbalance to centralized surveillance. The EU's stance has ignited debate across crypto communities, with privacy coins and zero-knowledge protocols gaining renewed attention.

Cardano Founder Defends Privacy-Focused Midnight Amid EU Digital ID Push

Charles Hoskinson, founder of Cardano, has positioned Midnight—the project's privacy-centric sidechain—as a countermeasure against the European Union's proposed digital identity framework. The EU initiative, championed by Spanish Prime Minister Pedro Sánchez, seeks to Tether online accounts to government-issued IDs, raising alarms about systemic surveillance.

Midnight's selective disclosure protocol allows users to verify credentials without exposing personal data. Hoskinson framed the technology as essential for preserving autonomy in an era of escalating digital oversight. His remarks followed criticism from commentator Jim Ferguson, who warned the policy could cement a pan-European surveillance apparatus.

The imminent mainnet launch of Midnight signals Cardano's strategic pivot toward privacy solutions. Hoskinson's intervention highlights blockchain's growing role in geopolitical debates about digital sovereignty.