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Bitcoinist

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Shiba Inu Leader Mocks Cardano’s Hoskinson Over US Crypto Collaboration

  • Shytoshi Kusama, the lead developer of Shiba Inu, publicly mocked Charles Hoskinson, the founder of Cardano, over his alleged relations with the incoming Trump administration on crypto policy.
  • Speculation has arisen that Hoskinson could serve as a leading crypto policy advisor in the Trump administration.
  • Kusama questioned Hoskinson's claims and suggested that he might be overstating his influence.
  • Kusama proposed the Strategic Hub for Innovation in Blockchain (S.H.I.B.) initiative and expressed disappointment with the lack of response from the Trump administration.

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TheNewsCrypto

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Cardano (ADA) Price to Soar 1000% and Cross $3: Here’s When Rexas Finance (RXS) Below $0.20 to Hit $20

  • Cardano (ADA) is predicted to see a 1,000% rise and reach $3, supported by its scalability and advancements in distributed apps.
  • Rexas Finance (RXS), a new player in DeFi, has shown strong growth in its presale and is expected to reach $20 by mid-2025.
  • Cardano's price is influenced by dApp development, DeFi acceptance, and the upcoming Hydra protocol.
  • Rexas Finance's success is driven by its presale performance, listings on CoinMarketCap and CoinGecko, and a $1 million giveaway.

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Altcoinbuzz

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Cardano’s Price Soars Amid Trump-Hoskinson Rumors

  • Cardano's price reached $0.597, its highest since April, following a broader rally in the cryptocurrency market after Trump's reelection.
  • Speculation about Cardano founder Charles Hoskinson joining Trump's administration fueled the price surge, but no formal confirmation has been made.
  • ADA's recent surge has pushed its daily relative strength index (RSI) to its highest levels since December 2023, suggesting a possible pullback.
  • Investors should exercise caution as ADA's potential for growth comes with risks, and its future performance is uncertain.

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Bitcoinist

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Cardano Founder Reveals New Details About His Potential Role Under Trump

  • Charles Hoskinson, founder of Cardano, has revealed his potential involvement in shaping US crypto policy under President-elect Donald Trump.
  • Hoskinson emphasized the potential for his involvement in influencing US crypto policy but clarified that he is not leading US crypto policy.
  • He discussed ongoing legislative efforts, including the Financial Innovation and Technology for the 21st Century Act (FIT 21) and the Financial Innovation (FIA) Act.
  • Hoskinson announced the establishment of a policy office to unify crypto legislative efforts and address critical issues such as asset classification and taxation.

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18 Likes

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Crypto-News-Flash

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Cardano’s Hoskinson Confirms U.S. Crypto Advisory Role Under Trump—ADA Soars to New Highs

  • Charles Hoskinson confirmed as a crypto advisor under former President Trump.
  • Cardano's ADA token rises 20% to a seven-month high of $0.52.
  • Hoskinson aims to address regulatory uncertainty and drive innovation through bipartisan policy efforts.
  • Cardano founder plans to establish a dedicated policy office to collaborate with U.S. legislators.

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Zycrypto

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Cardano Surges 86% in 7 Days as Retail FOMO Returns — $3 ADA All-Time High Coming?

  • Cardano (ADA) has surged 86% in the past 7 days, becoming the ninth-largest cryptocurrency with a market cap of $21.51 billion.
  • The rally was driven by retail FOMO, as trading volumes and ADA addresses increased significantly.
  • Analysts predict that Cardano is following a similar pattern to its 2020 bull run, with potential for further gains and a new all-time high.
  • The derivatives market shows increased open interest, indicating growing bullish sentiment and potential for sustained uptrend.

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Crypto-News-Flash

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ADA Jumps 36% as Hoskinson Eyes U.S. Crypto Policy Role

  • Charles Hoskinson, founder of Cardano, plans to actively shape U.S. crypto policy.
  • Hoskinson's involvement raises optimism for Cardano and the altcoin market.
  • ADA, Cardano's native coin, surges 36% in response to the news.
  • Hoskinson's experience and leadership position him as an ideal influencer of balanced regulations.

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8 Likes

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Bitcoinist

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Cardano Soars 32% Amid Buzz Around Hoskinson As Trump’s Crypto Advisor

  • Cardano founder Charles Hoskinson may be appointed as a key government role overseeing digital currency policies.
  • Hoskinson plans to establish a policy division with IOG to develop legislative frameworks for cryptocurrency.
  • He believes the current political climate provides an opportunity for the industry to gain legal status.
  • Speculations about Hoskinson's role contributed to a 32% surge in Cardano's price in the last 24 hours.

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Newsbtc

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Cardano Skyrockets Over 40% – Funding Rate Suggests Further Upside

  • Cardano (ADA) has surged over 40%, breaking resistance levels and reaching $0.45.
  • ADA's rising funding rate suggests strong demand and potential for further gains.
  • If ADA holds above $0.40, it could establish a new support level and target higher prices.
  • Traders are closely watching ADA's price action to see if the surge can sustain momentum.

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15 Likes

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TechBullion

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XRP Regains Momentum, Prepares to Clear Key Resistance – Whales Opt for This New DeFi Token Over Cardano (ADA)

  • Bitcoin continues its price discovery, surpassing $76,000, while Ripple (XRP) regains momentum.
  • Whales are favoring DTX Exchange (DTX) over Cardano (ADA) for significant gains.
  • DTX Exchange (DTX) is a novel DeFi token with solid fundamentals and competitive advantages.
  • Cardano (ADA) and Ripple (XRP) also show upward movement in the crypto market.

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Bitcoinik

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Cardano ($ADA) Shows 40% Rally in Just 7 Days Amid Trump Win and Network Upgrade: What’s Next?

  • Cardano ($ADA) has shown a 40% rally in just 7 days following Donald Trump's win in the 2024 U.S. presidential election.
  • The current trade price of $ADA is $0.44, marking a 24% increase in the past 7 days.
  • The price surge is attributed to Trump's victory and the latest upgrade in Cardano's core technology.
  • Cardano's recent developments include the release of Node version 10.1.2 and enhancements in Ledger and performance.

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Crypto-News-Flash

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Cardano Breakout Sparks 1,700% Rally Potential in Upcoming Altcoin Season

  • Cardano (ADA) is exhibiting signs of recovery, with renewed strength that could signal the start of an extremely bullish trend.
  • Analyst Javon Marks predicts potential gains of over 1,700% for ADA in its breakout phase, surpassing $7.77.
  • ADA benefits from the overall market sentiment as Bitcoin leads the way, with expectations of an upcoming altcoin season.
  • Strong support from long-term holders and strategic alliances contribute to Cardano's growth in the Web3 sector.

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TheNewsCrypto

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Cardano Price Faces Uncertainty; Analysts Recommend FXGuys for Stronger Returns

  • Cardano (ADA) price continues to stall, leading to uncertainty and questioning its recovery potential.
  • Analysts recommend FX Guys ($FXG) for stronger growth potential and higher returns.
  • FX Guys combines DeFi and TradFi, offering advanced tools and established market presence.
  • Investors seeking alternatives to Cardano turn to FX Guys for better potential returns.

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TheNewsCrypto

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Cardano Surges Past $0.44 as Whale Activity Hits Three-Month High

  • ADA price jumps 25% over three days, breaking July resistance at $0.44
  • Large transactions exceed 697 daily count, highest since September 5
  • Average holding duration increases 139% within one week
  • Cardano demonstrates remarkable momentum as significant holders drive increased activity amid growing market optimism.

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Newsbtc

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Cardano Price Prediction: Analyst Sounds Alarm Of Break Through Key Resistance, Why A Rally Could Follow

  • Cardano price has broken through a key resistance, signaling a potential uptrend.
  • The cryptocurrency is approaching a 'demand zone' at $0.0313, which could act as a crucial support level.
  • If Cardano bounces from this level, it could rally and break out above the $0.417 resistance, indicating higher resistance targets.
  • However, if Cardano fails to hold the support levels, it could lead to a steep decline and invalidate the bullish scenario.

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