Cardano Up 13% As Speculation Around Charles Hoskinson As Trump Crypto Policy Advisor Bubbles
Speculation has arisen regarding Charles Hoskinson, the co-founder of Ethereum (CRYPTO: ETH) and Cardano (CRYPTO: ADA), potentially serving as a cryptocurrency policy advisor in the administration of president Donald Trump.
What Happened: This speculation comes on the heels of recent posts and statements from various figures within the crypto community, hinting at a possible alignment of interests between Hoskinson and the Trump campaign, particularly with Trump’s recent ventures into the cryptocurrency space.
The buzz started when Rick McCracken, a notable figure in the Cardano community, expressed hope on X (formerly Twitter) that the Trump-Vance administration might consider Hoskinson for such a role.
This suggestion was not made in a vacuum; Hoskinson has previously endorsed Robert F. Kennedy Jr., who has since joined Trump’s team, indicating a potential pathway for dialogue or collaboration.
Hoskinson, known for his vocal criticism of the current administration’s crypto policies, has often highlighted the lack of regulatory clarity and what he perceives as an adversarial stance against the crypto industry.
His endorsement of RFK Jr. was seen as a move towards supporting candidates who promise …
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