Latest news about Cardano cryptocurrency ($ADA ):

1. ADA Price: Cardano is facing selling pressure and trying to hold key support levels. Currently, ADA is trading at $0.96.

2. Long-term holders' losses: Long-term holders of Cardano are realizing losses as the price of ADA has fallen by 10% in the last day.

3. ETF Application: The U.S. Securities and Exchange Commission (SEC) has confirmed the filing of Grayscale's application to create an ETF based on Cardano.

4. Founder’s Forecast: Cardano founder Charles Hoskinson expressed strong confidence that ADA, Ethereum, and XRP will be the leaders of growth in this cycle.

5. Technical Indicators: Cardano is trying to maintain momentum as technical indicators point to potential downside risks.