Cardano(ADA)

Trump’s trade war spurred a market downturn, wiping out billions in a day. Bitcoin fell below $85,000, Ethereum dropped 11%, and crypto lost $500 billion, erasing gains from his US Crypto Reserve announcement. Is this a brief dip or a deeper decline?

A trader profited $6.8 million from leveraged Bitcoin and Ethereum longs, exiting soon after Trump confirmed a crypto reserve. The timing, with Ethereum longs placed minutes before the announcement, has sparked speculation.

In a Truth Social post on Sunday, Trump announced he would be creating a Crypto Strategic Reserve that includes XRP, SOL and ADA on top of Bitcoin and ETH.

The Cardano Foundation's X account was hacked on Sunday, spreading false claims about a Solana token and an SEC lawsuit. The Foundation confirmed the breach and promised updates via LinkedIn. While recovery is ongoing, did their swift response help stabilize ADA’s price?

Cardano 宣布将整合比特币 Rollup 协议 BitcoinOS，成为比特币的二层网络（L2），以释放高达 1.3 万亿美元的比特币流动性。不同于依赖中心化托管商的封装比特币，Cardano 的 BitcoinOS Grail bridge 让用户可以无信任地将比特币转移至 Cardano 网络，参与 DeFi 等多种应用。

Vitalik Buterin has proposed creating metrics to evaluate how closely projects align with Ethereum's core values. He highlighted that achieving "Ethereum alignment" poses a significant social challenge within the ecosystem, but acknowledged that this endeavour will not be easy.

Hoskinson’s warnings highlight the potential pitfalls of launching a politically charged crypto platform like World Liberty Financial. With unclear regulatory status and the possibility of political backlash, the platform's long-term success faces significant challenges.

It was revealed that 70% of Trump-backed World Liberty Financial governance token will be controlled by insiders. This prompts the question: Is it fair for such a large share of power to be held by a few?

Cardano has begun the first stage of its transition to decentralised governance with the Chang hard fork, which will be completed in 90 days, shifting power to community-led bodies.

Charles Hoskinson has responded to Raoul Pal’s criticism of ADA and XRP, challenging the notion that these cryptocurrencies are outdated. He also speculated on Elon Musk’s potential holdings in Dogecoin.