The post Charles Hoskinson Reacts to Scott Bessent’s Bitcocom. Key Notes US Treasury Secretary Scott Bessent posted on X about Bitcoin’s reliability over the last 17 years. Charles Hoskinson is somewhat surprised that he made the post as an elected official. Bitcoin has seen more mainstream and institutional adoption this year. Cardano founder Charles Hoskinson finds it amusing that the United States Treasury Secretary is advocating for Bitcoin (BTC). He suggested this stance in an X post from November 1 after Scott Bessent made a post acknowledging the publication of the Bitcoin Whitepaper 17 years ago. US Pro-crypto Administration is Vocal About Bitcoin On October 31, the Bitcoin community was reminded that it had been exactly 17 years since Satoshi Nakamoto published the Bitcoin Whitepaper. US Treasury Secretary Scott Bessent also posted on X regarding the anniversary, highlighting the reliability of the flagship cryptocurrency over the years. “17 years after the white paper, the Bitcoin network is still operational and more resilient than ever. Bitcoin never shuts down,” the US executive explained, while calling on the Senate Democrats to learn something from that. Hoskinson immediately reacted to this post, stating that it is “profoundly magical” to see the US Treasury secretary making a post about Bitcoin and its reliability. It signals a notable shift from the anti-BTC stance in the region previously. The pro-crypto administration of President Donald Trump should be recognized for this change. Something is profoundly magical about the sitting Treasury secretary of the United States tweeting about Bitcoin and its reliability Charles Hoskinson (@IOHK_Charles) November 1, 2025 Moreover, the statement reflects the mainstream acceptance and adoption of the firstborn digital asset. Over the last few months, several institutions and countries have added Bitcoin to their strategic reserves. France Plans to Launch Bitcoin Strategic Reserve Just before October came to an end, France saw a.
Tag: cryptocurrency
The post Stablecoin issuers capture 75% of total crypto revenue appeared com. Stablecoin projects remain the top earners in the crypto economy, capturing roughly 60% to 75% of total daily protocol revenues across major categories. Tether’s CEO, Paolo Ardoino, even stated that the firm is on track for $15 billion in profit this year and an extraordinary 99% margin-making it one of the most profitable businesses globally on a per-employee basis. Tether and Circle invest user deposits in safe, yield-bearing assets Stablecoins have emerged as a major source of cryptocurrency liquidity and are utilized in exchanges, decentralized finance systems, and cross-border payment systems. Since they offer more stability compared to other tokens, such as Bitcoin and Ethereum, among others, which experience rapid value fluctuations, they have been instrumental for businesses and institutional investors in value transfer. Stablecoin issuers make money by earning interest on the assets backing their tokens. Companies like Tether and Circle are investing user deposits in safe, yield-bearing assets-mainly U. S. Treasuries and cash-and keep the returns rather than sharing them with users. The GENIUS Act, enacted in July, codifies this principle by preventing authorized stablecoin issuers from distributing any form of yield to holders. Lawmakers intended to position payment stablecoins as cash-like instruments, rather than investments. Nonetheless, growing stablecoin competition has forced some projects to experiment with distinct forms of initially spreading value. USDe is one of the major disruptors to emerge, creating a synthetic dollar model that instantly yields returns to holders. Users keeping USDC on Coinbase can also generate a 3. 85% APY, though it was a creative check to the GENIUS Act’s issuer-provided yield prohibition. This represents a shift in how ROI is generated and distributed within the crypto community. BlackRock is increasingly involved in the stablecoin market In a report released in late September, Citi analysts predicted that stablecoin issuance could reach $4 trillion by the.
Analysts now warn that a drop below $180 could trigger a much steeper correction, with lower support zones forming far [.] The post Solana Price Analysis: Key Support Levels in Danger as Analysts Warn of Deep Correction appeared first on Coindoo.
Bybit Alpha Celebrates Luck and Mastery with up to 8,000 USDT in Rewards for Top Winners
The MicroStrategy co-founder, who first revealed his personal Bitcoin holdings back in 2020, is now seeing his bet pay off [.] The post Here’s How Much Bitcoin Michael Saylor Still Holds in 2025 appeared first on Coindoo.
TLDR Milei’s La Libertad Avanza party wins 41% in Argentina’s 2025 midterms. LIBRA crypto scandal causes massive losses, impacting Milei’s public support. Milei’s party gains 101 seats in Argentina’s Congress after midterm win. Criminal investigations into Milei’s alleged role in LIBRA deepen amid scandal. Argentine President Javier Milei’s La Libertad Avanza (LLA) party secured a [.] The post Argentina’s Milei Strengthens Political Power Amid LIBRA Scandal appeared first on CoinCentral.
The world’s largest cryptocurrency continues to solidify its status as the backbone of global digital finance, buoyed by strong institutional [.] The post Bitcoin Price Prediction: BTC Targets $180K, Retail Investors Pin Hopes on AlphaPepe as the Favourite appeared first on Coindoo.
Is Trump’s pardon of Binance boss Changpeng Zhao a conflict of interest?
Representative Maxine Waters slammed President Donald Trump’s pardon of Binance co-founder Changpeng Zhao, calling it a corrupt favor to a “crypto criminal.” United States Representative Maxine Waters has strongly criticized US President Donald Trump for his decision to pardon Binance founder and former CEO Changpeng “CZ” Zhao. Trump pardoned Zhao on Thursday, saying people told him “what he did is not even a crime.” Waters, the top Democrat on the House Committee on Financial Services, hit back later Thursday, claiming in a statement that “Trump is doing massive favors for crypto criminals who have helped line his pockets.”“Trump’s pardon of Binance founder Changpeng Zhao-who pleaded guilty to enabling money laundering and facilitating suspicious transactions with child abusers, drug dealers, and terrorists-is an appalling but unsurprising reflection of his presidency,” Waters said. Trump said his decision to pardon Zhao followed “a lot of people” telling him CZ wasn’t guilty. Read more.
The remaining “10%” of issues center mainly on DeFi, which Brian Armstrong says lawmakers are addressing carefully to preserve innovation. Coinbase CEO Brian Armstrong says he’s optimistic that US senators are moving closer to advancing key cryptocurrency market structure legislation by Thanksgiving, suggesting that there’s now far more agreement on both sides of the aisle than there are differences.“Even though the government is shut down, the Senate is working hard on getting market structure legislation passed for crypto,” Armstrong said in a video posted on X. According to Armstrong, roughly 90% of the legislative framework has already been agreed upon, with the remaining 10% focused on issues like decentralized finance (DeFi). He added that policymakers are looking for ways to protect innovation while ensuring that “centralized intermediaries, like Coinbase, should be regulated not the protocols.”Read more.