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05/21/2024

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Cardano founder believes Bitcoin-friendly Donald Trump will secure victory in the presidential election 

Charles Hoskinson shared his opinion on the current hostile regulatory environment around cryptocurrencies & also said that it will help Donald Trump win the upcoming election.Charles Hoskinson is the...

Cardano founder believes Bitcoin-friendly Donald Trump will secure victory in the presidential election 

Charles Hoskinson shared his opinion on the current hostile regulatory environment around cryptocurrencies & also said that it will help Donald Trump win the upcoming election.

Charles Hoskinson is the founder of Cardano blockchain. Cardano blockchain is popular in the crypto world because of its high network stability. The unique programming language of the Cardano blockchain code makes it unique in the crypto space. 

Recently Charles Hoskinson appeared in a new video session via his personal YouTube channel Charles Hoskinson. 

In the beginning, he talked about the hostile crypto regulatory environment in the US jurisdiction.

Cardano’s founder noted that all the efforts by the crypto executives e.g. open letters to the Biden Administration & meetings with financial regulators, are useless. 

Hoskinson said that the situation for the crypto space is not going to change under the Biden Administration. He believes that such situations will help to support victory chances for former US President Donald Trump in the upcoming US presidential election. 

According to Hoskinson, this hostile crypto regulatory situation will be different & more favourable to the crypto companies under the Trump administration. 

Cardano’s founder stated that the 2024 US election is very important for the future of the crypto sector and the current government will surely face bad consequences of opposing cryptocurrencies.

Hoskinson noted that the Biden Administration played very well against the crypto sector as a part of their crypto firms unbanking plan, as the majority of the top crypto firms are facing lawsuits by the financial regulators, which include Kraken, Coinbase, Robinhood, etc. 

At the end of the live stream, Hoskinson suggested crypto people only vote for the pro-crypto presidential candidates e.g. Donald Trump, Robert F. Kennedy Jr. 

Cardano (ADA) price action 

The current trade price of the Cardano (ADA) coin is $0.5 & this trade price is 16% higher over the last 7 days of the period.

Cardano founder believes Bitcoin-friendly Donald Trump will secure victory in the presidential election  1

Read also: ETF expert says there are chances that the SEC may approve Ethereum spot ETFs but there is a catch 

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