The price of Cardano (ADA) has slipped by 3% in the past 24 hours, following the commencement of SEC legal actions which name the altcoin as a security. At $0.341594, ADA is down by 9% in the past week, although the cryptocurrency has gained by 38.5% since the beginning of the year. However, such an increase may be undermined if the SEC's labelling of ADA as a security results in exchanges delisting the altcoin, something which could depress its price considerably.... Read More: Cardano Price Prediction as Founder Charles Hoskinson Warns of CBDC Agenda – How Will ADA Price React?
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