Cardano Surges on Rumors of Hoskinson's Trump Crypto Role
TL;DR Summary
Cardano's price surged by 32% amid speculation that its founder, Charles Hoskinson, might become a crypto advisor to President Trump. Hoskinson expressed interest in collaborating with the Trump administration to develop clear regulatory frameworks for cryptocurrencies, emphasizing bipartisan support. He plans to establish a policy division through his company, Input Output Global, to align crypto legislation with existing US financial laws. The market's positive response to these developments has propelled Cardano to become the ninth-largest cryptocurrency by market cap.
Topics:business#cardano#charles-hoskinson#cryptocurrency#cryptocurrency-legislation#market-surge#trump-administration
- Cardano Soars 32% Amid Buzz Around Hoskinson As Trump’s Crypto Advisor Bitcoinist
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- Cardano Up 13% As Speculation Around Charles Hoskinson As Trump Crypto Policy Advisor Bubbles Benzinga
- ADA price pumps 30% amid rumors of Cardano founder-Trump collaboration Cointelegraph
- Santiment Says Retail FOMO About To Hit Cardano, Sees Ethereum-Based Coin Decoupling From Altcoin Pack The Daily Hodl
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