Crypto market's largest altcoins, Cardano (ADA), experienced a significant surge after Donald Trump's presidential victory.
While ADA continues to make headlines with its 100% increase, Cardano founder Charles Hoskinson made a bold prediction for Bitcoin (BTC).
Hoskinson predicted at the last Bitcoin Conference that Bitcoin could reach a value between $250,000 and $500,000 in the coming years.
Hoskinson also shared Cardano's latest expectations in the decentralized finance (DeFi) space. Among these were plans to integrate XRP into its growing ecosystem.
He stated that Bitcoin is a store of value powered by DeFi, and that the shift towards BTC is accelerating.
Hoskinson, who reiterates three long-standing principles that define Bitcoin, listed them as "only Bitcoin should be used in all transactions, fees should be paid in BTC, and returns should come solely from Bitcoin."
Hoskinson stated that these rules help protect Bitcoin's identity but make DeFi integration extremely difficult, and that Cardano comes into play right here.
At this point, Hoskinson stated that they have developed the technology to integrate DeFi without changing the essence and identity of Bitcoin and to connect BTC with DeFi.
Charles Hoskinson also confirmed that Cardano is working to incorporate XRP into the DeFi ecosystem and wants to leverage XRP's strong reputation in cross-border payments.
Hoskinson also added that this integration could help create a seamless, scalable multi-chain ecosystem where Bitcoin, XRP, and Cardano can work together, and that it could enhance financial access and inclusivity worldwide.
*It is not investment advice.
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Cardano Founder Charles Hoskinson spoke about Bitcoin (BTC), ADA, and XRP! He outlined his plans!
Crypto market's largest altcoins, Cardano (ADA), experienced a significant surge after Donald Trump's presidential victory.
While ADA continues to make headlines with its 100% increase, Cardano founder Charles Hoskinson made a bold prediction for Bitcoin (BTC).
Hoskinson predicted at the last Bitcoin Conference that Bitcoin could reach a value between $250,000 and $500,000 in the coming years.
Hoskinson also shared Cardano's latest expectations in the decentralized finance (DeFi) space. Among these were plans to integrate XRP into its growing ecosystem.
He stated that Bitcoin is a store of value powered by DeFi, and that the shift towards BTC is accelerating.
Hoskinson, who reiterates three long-standing principles that define Bitcoin, listed them as "only Bitcoin should be used in all transactions, fees should be paid in BTC, and returns should come solely from Bitcoin."
Hoskinson stated that these rules help protect Bitcoin's identity but make DeFi integration extremely difficult, and that Cardano comes into play right here.
At this point, Hoskinson stated that they have developed the technology to integrate DeFi without changing the essence and identity of Bitcoin and to connect BTC with DeFi.
Charles Hoskinson also confirmed that Cardano is working to incorporate XRP into the DeFi ecosystem and wants to leverage XRP's strong reputation in cross-border payments.
Hoskinson also added that this integration could help create a seamless, scalable multi-chain ecosystem where Bitcoin, XRP, and Cardano can work together, and that it could enhance financial access and inclusivity worldwide.
*It is not investment advice.
Follow our Telegram group, Twitter account, and Youtube channel for exclusive news, analyses, and on-chain data! Also, start tracking live prices right away by downloading our Android and IOS applications!