Trump Administration’s Bear Hug ‘Unhelpful’ For Crypto, Says Ethereum Co-Founder: ‘Created An Irrational Exuberance’
Posted On November 18, 2025
Cardano (CRYPTO: ADA) founder Charles Hoskinson said Monday that, contrary to expectations, some of the Trump administration’s policies have been “little unhelpful” for the industry.
Trump Hasn’t Turned Out To Be ‘Net Positive’
During an interview with CoinDesk at the Midnight Network Summit, Hoskinson stated that many, including himself, were optimistic that the new administration, under President Donald Trump, would be “magic net positive” for the industry.
“He’s literally [the reason the] U.S. government has become a bag holder,” Hoskinson said. “It’s like the biggest economy in the world and it’s gone from trying to kill crypto to embracing crypto.
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