Crypto World
Bitcoin may repeat a prior move, 77% odds of ATH in a year
Bitcoin could be poised for another push to fresh all-time highs within a year if a familiar price pattern holds, according to research from network economist Timothy Peterson. With BTC hovering around $81,000 after rebounding from a February dip below $60,000, the setup echoes past bear-market recoveries, where BTC rebuilt strength from a -50% to -35% drawdown and then surged higher. The signal sits atop a broader valuation discussion: VanEck analyst Matthew Sigel argues that the Buffett indicator implies a path toward a $160,000 price level if market dynamics align, a scenario that would simply bring Bitcoin in line with equities’ overall asset pricing.
Key points:
- Bitcoin’s current configuration mirrors a historically favorable window: after falling from -50% to -35% from its all-time high, BTC has often advanced to new peaks within about a year, according to Timothy Peterson’s analysis.
- As of now, Bitcoin trades near $81,000, with the drawdown from its October 2025 high standing at roughly 35% after a dip below $60,000 in February.
- Past episodes show that similar recoveries culminated in new all-time highs, a pattern reinforced by on-chain analytics and historical price data.
- Valuation signals, including the Buffett indicator, have been cited by observers as suggesting a longer-term upward re-rating of Bitcoin could materialize, potentially targeting well into the six-figure range.
Pattern repeats as BTC rebounds from bear-market drawdowns
Timothy Peterson laid out a concise framework for interpreting Bitcoin’s price action when it rebounds from a large drawdown. In a post on X, he noted: “I looked at every time Bitcoin went from a -50% drawdown to a -35% drawdown (the situation we are in today).” The implication is that when BTC retraces from its deepest losses toward a shallower drawdown, historical precedent favors a resume of bullish momentum that can culminate in a new all-time high within roughly a year.
Bitcoin’s recent path has featured a sharp correction that began in earnest during the 2022 bear market, followed by a multi-quarter recovery. In February, BTC briefly dipped below the $60,000 level, deepening its drawdown against the all-time high around $126,200. Since then, the price has rebounded to around $81,000, narrowing the drawdown to about 35% versus that October 2025 peak, according to data from TradingView. The cycle aligns with Peterson’s narrative: a shift from the harsher drawdown toward a less severe trough often precedes renewed upside momentum.
Historical precedents and what they imply
To contextualize the current setup, market analytics platform Glassnode provides a longer lens on drawdowns in Bitcoin’s price history. Glassnode data illustrate that during the last major drawdown, the market didn’t stabilize at a 35% retreat from the prior all-time high until December 2023—roughly two years after the peak. That period of stabilization preceded Bitcoin’s next notable price peak in March 2024, underscoring a pattern in which extended bear-market correction can set the stage for a renewed ascent later in the cycle.
The narrative that a measured rebound often follows a deep drawdown aligns with several prior cycles. After the 2022 bear market saw an extreme drop, the subsequent period of consolidation and resilience culminated in a fresh breakout in the following year. While not a guaranteed outcome, the historical sequence—deep drawdown, slower recovery, then new highs—has appeared with sufficient frequency to merit attention from believers in a cyclical, macro-driven recovery.
Valuation signals and the Buffett indicator
Beyond pure price action, a separate line of reasoning centers on valuation. VanEck’s Matthew Sigel has argued that Bitcoin appears cheap relative to equities when viewed through the Buffett indicator—the ratio of the total US stock market to GDP. In a post on X, Sigel suggested that if Bitcoin were to regain the level implied by the 35x XBT/XAU cross embedded in that indicator, the price could potentially reach around $160,000. He framed the scenario as a re-pricing mechanism that would bring Bitcoin in line with where equities already stand on a valuation basis.
“Bitcoin looks cheap,” he told X followers. “If it regains the 35x XBT/XAU cross implied by current levels of the Buffett Indicator, we’re looking at $160k, and that’s just catching up to where equities already are.”
The Buffett indicator has long been cited as a broad gauge of whether risk assets are over- or under-priced relative to macro fundamentals. In the Bitcoin context, proponents see it as a cross-asset justification for higher prices if the market’s risk premium shifts in step with the equity complex. Critics, however, caution that the indicator is a back-tested, broad-strokes tool and should be interpreted within a wider set of catalysts, including adoption trends, on-chain activity, and regulatory developments.
What this means for investors and traders
The convergence of a pattern-based setup and valuation commentary creates a nuanced scene for market participants. On one hand, Peterson’s drawdown framework—paired with recent resilience—offers a probabilistic case for upside in the months ahead, especially if Bitcoin can sustain momentum through key liquidity and macro crossroads. On the other hand, the signal is not a guarantee. The broader macro environment remains uncertain, with geopolitical tensions, regulatory scrutiny, and shifting risk appetites continuing to shape crypto markets.
Traders may watch several factors closely. On-chain indicators that track capitalization cycles and exchange flows could reveal whether new supply is entering the market in a way that sustains a rally. Additionally, any shifts in macro policy or inflation expectations could influence the pace at which risk assets reprice, including Bitcoin. While the Buffett-indicator perspective adds an intriguing long-term valuation narrative, it should be weighed alongside price action, market sentiment, and the evolving regulatory backdrop that continues to influence institutional participation in crypto markets.
In this context, the next few months could prove pivotal. If the historical tendency of a post-drawdown rally holds, BTC might test fresh highs within the year. If, however, macro risks intensify or demand falters, the path could diverge from the prior cycles. What remains certain is that investors will be watching both the price drivers and the broader narrative around Bitcoin’s role in portfolios as a non-sovereign store of value and a networked medium of exchange in an increasingly digitized financial landscape.
As the market navigates these crosscurrents, observers will likely weigh both the momentum signals from previous cycles and the evolving macro framework that could either validate or challenge the notion of a swift transition to new all-time highs.
Keep an eye on evolving data points and market commentary in the coming weeks, including on-chain metrics, global macro guidance, and any shifts in institutional commentary on Bitcoin’s long-run role in diversified portfolios.
BitGo has introduced Lightning Earn, a product that lets institutional clients allocate Bitcoin to Lightning Network routing channels.
Summary
- BitGo introduced Lightning Earn for institutional Bitcoin routing fees.
- Amboss Rails manages liquidity across Lightning Network payment channels.
- Fees come from routed Bitcoin payments, not token rewards.
The product uses Amboss Technologies’ Rails platform to manage liquidity routing across Lightning payment paths. Participants earn fees in Bitcoin from routed payments while using BitGo custody accounts.
BitGo links custody accounts to Lightning routing
BitGo designed Lightning Earn for corporate treasuries and institutional allocators that already hold Bitcoin through its custody platform. Clients can place Bitcoin into Lightning Network channels used to route payments between connected nodes. The routing activity generates fees paid in native Bitcoin, rather than tokens or synthetic rewards.
The company said clients access the product through existing BitGo custody accounts. BitGo also said custody controls, governance steps, and compliance workflows remain in place during deployment. The structure allows institutions to use Bitcoin for routing liquidity without moving assets into external retail wallets.
BitGo CEO Mike Belshe said Rails gives clients a way to deploy Bitcoin “without compromising custody or governance.” The company also placed part of its own treasury into Rails. BitGo said the allocation helped test the process before wider institutional use.
Amboss Rails manages liquidity across payment channels
Amboss Technologies provides the Rails platform behind the routing function. Rails helps allocate Bitcoin liquidity across Lightning channels where payment flow requires capacity. The system connects institutions with routing paths that need capital to process Bitcoin payments.
Amboss CEO Jesse Shrader said BitGo’s integration of Rails shows that “Lightning is fit for institutions.” He also said institutional capital can support enterprise-scale Bitcoin payments. The statement relates to liquidity deployment, not guaranteed returns.
Lightning Network routing fees depend on payment activity across connected channels. Participants receive fees when their liquidity helps move payments between nodes. BitGo said the product does not use synthetic assets, token incentives, or derivative yield products.
Lightning Earn uses Bitcoin fees instead of token rewards
The product differs from yield products that depend on lending, staking, or third-party token rewards. Lightning Earn relies on routing fees from payment traffic across Lightning channels. All earnings remain denominated in Bitcoin.
BitGo said its regulated trust bank controls continue to govern the deployed assets. The firm also said clients retain ownership of Bitcoin used in routing channels. Governance rules apply across all allocations made through the product.
Amboss said Rails supports liquidity allocation across Lightning Network endpoints. The company also said the platform helps payment channels access routing capacity. BitGo’s Lightning Earn product is now available to institutional clients through existing custody accounts.
President Donald Trump nominated former SEC Chairman Jay Clayton as Director of National Intelligence on Thursday. Clayton authorized the agency’s landmark lawsuit against Ripple in 2020, making him one of the most consequential regulators in XRP’s history.
The nomination requires Senate confirmation. Clayton currently serves as US Attorney for the Southern District of New York and would replace acting appointee Bill Pulte.
Why Jay Clayton Still Divides the XRP Community
The SEC filed its complaint against Ripple Labs on December 22, 2020, Clayton’s last full day as chairman. The agency alleged the company raised $1.3 billion through unregistered XRP sales.
It also said executives Brad Garlinghouse and Chris Larsen made roughly $600 million in personal sales.
Garlinghouse repeatedly accused Clayton of hypocrisy, arguing the chairman treated XRP more harshly than Bitcoin (BTC) or Ethereum (ETH). J
udge Analisa Torres later ruled that only Ripple’s institutional sales violated securities law. She fined the firm $125 million in August 2024, far below the nearly $2 billion the SEC wanted.
Both sides dropped their remaining appeals in 2025. XRP traders shrugged off Thursday’s news.
The token gained nearly 4% on Thursday to trade near $1.13, holding its spot as the sixth-largest cryptocurrency at a $71 billion market cap.
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A Steadier Pick After the Pulte Backlash
Trump handed the role to Federal Housing Finance Agency Director Bill Pulte on an acting basis earlier this month.
Crypto markets cheered the acting pick because of his pro-crypto mortgage policies. However, Pulte’s lack of intelligence experience drew bipartisan objections.
House Democrats blocked a short-term FISA Section 702 extension on Thursday in protest.
Clayton offers Senate Republicans an easier path. Lawmakers confirmed him 61-37 to lead the SEC in 2017.
Federal judges later named him SDNY attorney after his 2025 nomination stalled. Still, critics note he also lacks any intelligence background.
“I am pleased to announce the Nomination of very Highly Respected Jay Clayton, former Chairman of the Securities and Exchange Commission… to be the next Director of National Intelligence and, importantly, to serve in my Cabinet,” Trump wrote in a Truth Social post announcing the decision.
Confirmation hearings will now test Clayton on surveillance and national security.
XRP holders, meanwhile, will watch whether their old adversary leaves financial regulation behind for good.
The post Trump Picks Former Ripple (XRP) Foe Jay Clayton for Top Intelligence Role appeared first on BeInCrypto.
Tether Investments said it led a $1.4 billion funding round for Neura Robotics, a German startup developing AI-powered humanoid robots, in what it called one of the largest investments into physical AI on record.
The funding, announced Wednesday, was projected to value Neura between $9 billion and nearly $12 billion when it first became public last November. Other participants in the round included Qualcomm Technologies, Amazon and NVIDIA, Neura said in a post on its website.
Neither Tether nor Neura responded immediately to a CoinDesk request for further information.
“AI is moving from the digital world into the physical world,” David Reger, founder and CEO of Neura Robotics, said in a statement. The company recently said it aims to produce 5 million robots by 2030 with about $1.2 billion orders already.
Tether, the issuer of the USDT stablecoin, is building its own technology right into Neura’s systems. The robots will receive their own independent digital wallets, allowing them to be paid automatically the moment they finish a job. They will also be able to make electronic payments to other machines, cutting out human managers, paperwork and bank delays.
Under CEO Paolo Ardoino, the El Salvador-based company is spending in a range of industries outside of the immediate crypto sector. Its growing portfolio includes investments in agriculture, brain tech and sports. The company made over $10 billion in profit in the first nine months of 2025 by investing rese
Coinbase CEO Brian Armstrong says the exchange won approval to offer true global crypto perpetual futures in the US. He calls the clearance the product of years of quiet regulatory work.
Armstrong laid out the road ahead in a post on X this week. The clearance itself arrived in late May with little fanfare.
Coinbase Perpetual Futures Bring Global Liquidity to US Traders
The Commodity Futures Trading Commission (CFTC) issued a no-action letter on May 29. The relief allows Coinbase to route US customers to perpetual contracts on Deribit, the Dubai-based platform it acquired last year. As a result, Coinbase Financial Markets became the first US-regulated firm to offer this access.
The company confirmed the CFTC clearance covers both perpetuals and options. Until now, US traders had no compliant route to these products. Together, the two categories represent roughly 80% of global crypto trading volume.
The market behind the decision is enormous. Perpetual futures volume reached $61.7 trillion in 2025, up 29% year over year.
Therefore, Armstrong frames the approval as pooled global liquidity arriving through a compliant US channel.
Notably, the regulator moved fast once Coinbase asked. It answered the request within a day and published a 16-page framework. In addition, the agency said perpetual contracts tied to other assets will face a case-by-case review.
“Coinbase got approved to offer true global crypto perps in the US. This took many years of work, and we’re the first to offer this global liquidity to US users.”
Armstrong stated in his post on X.
Armstrong Rejects Claims Coinbase Is Moving Away From Crypto
Some critics argue the company has drifted from its crypto roots. However, the Coinbase co-founder firmly rejected that view. Instead, he said the firm uses crypto to upgrade every traditional financial service. The message extends his earlier plan to update the financial system across eight areas.
Clear Rules Could Bring More Crypto Jobs to the US
The CEO also framed the win as a jobs story. For example, he pointed to Coinbase’s new office in Charlotte, North Carolina, as evidence of a growing US footprint.
According to Armstrong, clear rules make it easier for the industry to build in the United States. That clarity, he argues, can create more American jobs. The stance aligns with Coinbase’s support for the CLARITY Act and its push for faster crypto rules abroad.
Attention now turns to asset selection, since Coinbase has not finalized which perpetual contracts US customers will see first. Meanwhile, rival exchanges may pursue similar relief, which would test how long the first-mover advantage lasts.
The post Coinbase CEO Armstrong Talks About Perpetual Approval: What Comes Next? appeared first on BeInCrypto.
SpaceX has priced its shares at $135, according to a filing with the U.S. Securities and Exchange Commission on Thursday, setting the stage for one of the most closely watched public market debuts in recent years.
The company sold 555.6 million shares at that price, raising $75 billion, making it the largest IPO ever, easily topping Saudi Aramco’s $30 billion in 2019.
The Elon Musk-led aerospace and satellite company is expected to begin trading on Nasdaq on Friday under the ticker SPCX, giving public investors their first opportunity to buy shares. Based on the offering price, SpaceX will enter the public markets with a fully-diluted valuation of roughly $1.8 trillion.
The valuation is a pricey one, given SpaceX produced roughly $19 billion in revenue last year, driven by launches, government contracts and its rapidly growing Starlink satellite internet business.
Also notable is the company’s sizable bitcoin holdings. SpaceX held 18,712 bitcoin as of March 31. That would be valued at just under $1.2 billion at BTC’s current price around $63,500.
Ether (ETH) traders are increasing their leveraged long positions despite ETH price being down 44% in 2026. Ether’s futures open interest at Binance has climbed to a record 3.7 million ETH, with the exchange accounting for more than 44% of total Ether futures.
Crypto analyst Darkfost noted that Ether futures activity has improved despite rising uncertainty driven by geopolitical tensions and weakening economic conditions.
The analyst noted that Binance now holds nearly 3.7 million ETH in open futures contracts, marking a new all-time high for Ether open interest on the exchange.
ETH open interest value on Binance. Source: CryptoQuant
Improving risk appetite for long positions also emerged as Binance’s weekly average taker buy-sell ratio increased to 1.0 from 0.95 after months of seller-led activity. A reading near 1.0 points to a more balanced market after a prolonged period of selling pressure.
The trend extends beyond Binance. Across all exchanges, the taker buy-sell ratio has risen to 1 from 0.94 over the past two weeks, indicating that buyers are becoming more active in market orders than sellers.
Ether: taker buy sell ratio across all exchanges. Source: CryptoQuant
At the same time, the speculative activity is accelerating faster than spot demand. Binance’s perp-spot volume imbalance indicator climbed to roughly 0.90, close to a record high, while its 30-day Z-score reached 2.53.
Perpetual futures volume stood near 5.57 million ETH compared with about 290,000 ETH in spot trading. This indicates leveraged participation is expanding far more quickly than activity in the underlying market.
ETH Perp-Spot volume imbalance indicator. Source: CryptoQuant
Related: Audiera’s AI token BEAT beats Bitcoin, Ethereum as price surges 1,500% in a month
ETH liquidation risk remains on both sides
Market analyst Amr Taha highlighted a growing split in exchange positioning. Binance recorded a 30-day open interest increase of 616,400 ETH, its strongest reading since 2019. During the same period, Gate.io posted a decline of 631,700 ETH.
Multi-exchange open interest 30-day change. Source: CryptoQuant
Liquidation heatmaps show nearly $8 billion in short positions clustered between $2,200 and $2,400. Those levels stand out as key liquidity zones if ETH price begins to push higher.
However, near-term positioning remains heavily leveraged on both sides. Roughly $1.72 billion in cumulative long liquidations sits below the current price of $1,500, while nearly $1.90 billion in short liquidation exposure is concentrated near $1,800.
The narrow gap between those pools highlights a market where both bullish and bearish positions carry significant liquidation risk.
ETH liquidation map. Source: CoinGlass
Related: ETH crash to $1K looms if key support breaks: Will futures traders step in?
Ripple CEO Brad Garlinghouse posted a single word, “True,” in response to Flare co-founder Hugo Philion’s observation that the entire crypto industry is now scrambling to become what XRP was always criticized for being.
Philion’s original comment cut straight to the point: “When XRP and Ripple kind of started out, they were accused of being the banker coin. Now, everyone in the entire industry is desperate to be the banker coin.”
Garlinghouse’s public endorsement, backed by reports of Ripple deploying $4 billion in XRP holdings toward mainstream institutional finance, frames this less as a narrative shift and more as a belated market correction.
An X post summarizes it bluntly: “They mocked the vision. Now they’re copying it.”
Real-world assets, bank-integrated infrastructure, and institutional liquidity rails, which once XRP’s niche, are now the most crowded pitch in crypto.
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Garlinghouse, Ripple, and XRP Price
XRP is barely holding above the psychologically critical $1.00 handle, with price consolidating in a tight range that technicals describe as bullish compression. Key support sits in the $1 zone, a prior consolidation band that has absorbed selling pressure through cycles.
Volume remains elevated relative to XRP’s ETF baseline, suggesting sustained interest rather than a dead-cat bounce. Transaction demand data indicates the $1.00 support level carries real on-chain significance, not just chart psychology.
At current levels, the risk/reward favors watching the $1.2 breakout level closely before adding exposure.
The banker coin narrative is now the consensus, which means the rerating from fringe institutional asset to mainstream financial infrastructure is largely priced in. The asymmetric upside that early XRP holders captured, buying into a vision the market hadn’t yet accepted, no longer exists at its current price.
Now, can XRP run back above its all-time high? Only time will tell
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The post Garlinghouse of Ripple Agrees Wall Street Is Copying XRP’s Banker Coin Model appeared first on Cryptonews.
Binance has announced a $250,000 humanitarian contribution to support frontline response efforts against an ongoing Ebola outbreak affecting the Democratic Republic of Congo and Uganda. The exchange said the funds will be divided equally between the Uganda Red Cross Society and Doctors Without Borders, known internationally as Médecins Sans Frontières (MSF).
What the donation will support
The company said the funding is earmarked for activities such as emergency medical care, prevention and public-awareness campaigns, contact tracing and containment work, and provision of sanitation supplies and personal protective equipment for health workers. Binance framed the contribution as a rapid-response intervention to shore up services in high-risk and underserved areas where healthcare access remains limited.
Outbreak context and operational constraints
Health authorities have linked the recent cases to the Bundibugyo Ebola virus, for which there is currently no approved vaccine or targeted antiviral treatment. That profile heightens pressure on local health systems, particularly in eastern DRC where insecurity and limited infrastructure complicate response operations. MSF has reported concern about the speed and geographic spread of the outbreak, including cross-border transmission into Uganda, and has emphasised the need for swift action to prevent escalation.
Operationally, donations that finance protective equipment, sanitation, community outreach and contact tracing can improve immediate containment measures. However, humanitarian responders frequently highlight that resources alone are not a silver bullet: access, security, logistics and sustained funding streams all influence whether short-term grants translate into lower transmission.
Why a crypto firm is stepping in
Binance has been expanding its footprint across African markets through initiatives tied to education, digital skills and financial inclusion. This contribution follows a pattern of technology and crypto companies engaging in corporate social responsibility and emergency aid, often to complement work by established humanitarian organisations.
For Binance, supporting recognised responders such as MSF and national Red Cross societies helps direct funds to organisations with operational experience and logistics networks already in place. The company has also publicly urged other firms active in the region to consider similar support during humanitarian crises.
Industry and reputational implications
Donations by major crypto platforms carry both practical and reputational effects. On the practical side, funds can supply critical items that immediate responders need. From a reputational perspective, contributions to humanitarian causes can bolster a company’s public image and relationships with governments and civil-society actors—important in jurisdictions where crypto regulation and licensing are evolving.
At the same time, observers note potential limits. A $250,000 pledge, while useful for targeted activities, is modest relative to the scale of nationwide outbreak responses and the sustained funding those efforts typically demand. How companies balance short-term aid with longer-term development or health-system strengthening will shape whether their interventions are perceived as substantive or largely symbolic.
What this means for responders and the region
For frontline organisations, rapid injections of cash can enable faster procurement of supplies and quicker expansion of outreach in specific communities. MSF and national Red Cross societies often operate in volatile environments where formal procurement channels and local markets may be disrupted; unrestricted funds or targeted grants for equipment and awareness campaigns can therefore have a direct impact on response speed.
Nonetheless, containment of Ebola outbreaks relies on coordinated multi-agency efforts, steady surveillance and community trust. Financial contributions from private companies are most effective when they align with national and international response plans and when they are delivered through partners with local operational capacity.
Looking ahead
Binance’s contribution highlights a growing trend of crypto-sector actors participating in humanitarian financing, particularly in regions where they have commercial or strategic interest. For policy makers and aid organisations, the emergence of new private donors offers additional resources but also underscores the need for transparent coordination, accountability and sustained engagement to ensure that funds strengthen resilience rather than only addressing immediate gaps.
As the outbreak evolves, the priority for health agencies and their partners will remain rapid detection, treatment where possible, and measures to break chains of transmission. Private donations can support those goals, but they are one element within a broader, resource-intensive public-health response.
SpaceX is allocating a smaller-than-expected portion of its blockbuster initial public offering to retail investors, according to a person familiar with the matter.
The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, including international individual investors, online brokerages and private-bank clients, the person said.
The allocation is below earlier expectations that roughly 30% of the deal would be reserved for retail investors.
The allocation decisions are almost finalized and could still change, the person said.
SpaceX is set to begin trading Friday, in what is poised to become one of the largest public offerings in history. The company is expected to be valued at about $1.8 trillion.
The reduced allocation suggests institutional demand for the shares has been strong as investors compete for access to the hottest IPO in recent years. Even with a smaller allocation, the retail tranche would still rank among the largest ever for a U.S. IPO of this size.
Cardano’s native token has collapsed by almost 80% over the past year, while its founder, Charles Hoskinson, said he’s “taking a break” and warned about an upcoming “wave of failures” in the ecosystem.
Despite the grim reality, certain analysts remain optimistic that a price revival could be on the way, while some key indicators support the bullish scenario.
Recovery in the Coming Weeks?
Earlier this month, ADA briefly crashed below $0.15, its lowest level since the end of 2020. As of this writing, it is worth around $0.16 (per CoinGecko’s data), which remains quite close to the local bottom.
And while many industry participants have lost faith in the token and expect additional losses, X user Sssebi presented an optimistic scenario. They believe Cardano’s ADA will not remain in its current range for long and predict a surge above $0.20 within a month.
The analyst based their theory on the asset having reached its most oversold level (on the weekly chart) in its entire history. Data show that the Relative Strength Index (RSI) recently dropped to 12 and now stands at around 25, which is still considered a bullish territory. On the other hand, ratios above 70 signal that ADA has become overbought and could be gearing up for a correction.
Another popular X user who hasn’t panicked amid the bloodbath is Crypto with Haris ₿. They claimed ADA’s meltdown doesn’t look like the end but like an opportunity, reminding that similar collapses have occurred in the past.
“Back in 2023, ADA went from around $0.22 to $1.30 in just a few months. Maybe history repeats itself. Maybe it doesn’t. But if the next bull run comes, I wouldn’t be surprised to see Cardano make another crazy move,” they said.
The Crazy Rumor
Cardano’s founder, Charles Hoskinson, has drawn significant attention lately following several controversial statements. At the start of June, he raised concerns within the community by announcing a temporary break and warning that the broader ecosystem could experience a “wave of failures” due to project closures and financial difficulties.
Shortly after, Hoskinson opined that Cardano is “the only ecosystem that can run the world,” while more recently, some X users have suggested he might have sold approximately 1.5 billion ADA during the 2021 bull run. He hasn’t responded to the accusations, but the speculation could further shake investors’ confidence and lead to an additional price drop for the asset.
The post Can Cardano (ADA) Rally by Double Digits After Falling to a 5.5-Year Low? appeared first on CryptoPotato.
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