The cryptocurrency market made a comeback this weekend, but it seems it has begun correcting itself this morning. Cardano (ADA) and NEO are some of the coins doing well today.
News broke that India’s Supreme Court denied the lifting[1] of the Crypto Bank Ban. The ban will begin on July 5th but could be potentially revoked at a later date. There will be four different petitions that will be revisited by the Supreme Court on July 20th.
This could be the reason why the market has corrected itself, as any news negative towards crypto always causes some panic selling.
Let’s take a look at two coins on the market that have been doing fairly well today, in spite of the current fall.
Cardano (ADA)
Two days ago, Charles Hoskinson announced some big progress for Cardano and some of his thoughts on recent news surrounding his project.
Hoskinson states the Cardano 1.4 is estimated to be released late-Q3 or the first half of Q4 this year.
Cardano 1.4 is a full implementation of the new Cardano Wallet Backend alongside dozens of other housekeeping items https://t.co/knXDiF2w4z[2] it’s the foundation for our unified wallet backend for both mobile and full clients
— Charles Hoskinson (@IOHK_Charles) July 1, 2018[3]
Hoskinson also announced some ‘housekeeping’ topics, hoping to clear the air on some things. The founder states that the media and individuals have twisted some of his latest tweets, and have twisted them into partnerships which he denies.
For example, Charles Hoskinson presented to Google nearly a month ago, and there is no partnership with the global tech giants. Lastly, he made a suggestion that Tron should switch from EthereumJ to
