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According to Lark Davis , there are circulating rumors suggesting an upcoming conversation between Elon Musk and Charles Hoskinson (founder of Cardano), and the possibility of the US Treasury adopting the Cardano blockchain. Suffice it to say, if this proves true, it will be huge news for Cardano and for the crypto world as a whole. While neither Musk nor Hoskinson has confirmed any meeting or plans to connect the US Treasury with Cardano, the rumor didn’t appear out of nowhere. Earlier this month, Hoskinson mentioned an upcoming meeting with a “very special person” later in February. This led to widespread speculation about a possible discussion with Musk. This conjecture is fueled by Hoskinson’s active engagement on social media, where he has been advocating for the adoption of Cardano’s blockchain for governmental purposes. On the other hand, as the leader of DOGE (Department of Government Efficiency), Musk has expressed interest in leveraging blockchain technology to enhance the government’s effectiveness, particularly in tracking and reducing expenditures. If the US Treasury were to adopt Cardano’s blockchain, it could represent a landmark move towards modernizing governmental financial systems through decentralized technology. Such a development would not only enhance transparency and efficiency but it could also set a precedent for other governmental bodies to explore blockchain solutions. The rumor of a potential collaboration has led to increased interest in Cardano’s native cryptocurrency, ADA. Analysts say that if the partnership happens, ADA’s value could climb and Cardano could solidify its position in the blockchain arena. However, this is still yet a rumor so no major price spikes are currently happening to ADA, but it’s interesting to note that only Cardano’s blockchain popped up during this hearsay. This is likely due to the fact that Cardano’s scalability, energy efficiency, security, decentralization, and smart contract capabilities are key advantages over other blockchains when it comes to government adoption. For instance, Cardano’s Ouroboros proof-of-stake (PoS) mechanism is known for being both secure and energy-saving, making it more suitable for government use cases compared to energy-intensive proof-of-work (PoW) blockchains like Bitcoin. Whether or not anything comes out of all of this, Cardano is certainly one of the more realistic blockchains for government adoption. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Binance and the US Securities and Exchange Commission have jointly requested a temporary halt to their ongoing lawsuit for 60 days. This new development has sent a positive signal throughout the crypto industry, with crypto community members wondering if the SEC may be reconsidering its stance on crypto regulation. The filing is the first of its kind under the current SEC leadership of Mark Uyeda and cites the new SEC crypto task force as having a bearing on the case. Part of the filing clearly stated that the task force work may influence and help resolve this case. Reports indicate that both parties will issue a joint status statement after 60 days, indicating whether to continue the case. The case between Binance and the SEC began in June 2023, naming Binance, its co-founder Changpeng Zhao, BAM Trading Services, and BAM Management US Holdings as defendants. The SEC initially filed 13 charges against Binance and its related entities for allegedly operating unregistered exchanges and other services. It’s worth noting that a federal judge dismissed some charges against Binance in 2024. However, the court upheld many allegations for further legal proceedings. Related: Binance Files Motion to Dismiss SEC’s Amended Complaint Previously, under former chair Gary Gensler, the SEC actively pursued multiple legal actions against major crypto players like Ripple, Coinbase, and Kraken. Industry experts criticized the SEC’s actions and argued that the commission did not provide clear guidelines on cryptocurrency services and how they comply with federal securities laws. The latest move by the SEC and Binance has prompted optimism among crypto community members. Many speculate the SEC could extend the same gesture to other pending cases and potentially withdraw them, especially the case against Ripple, which has been ongoing for several years. Related: Is the Ripple Lawsuit Set for a Breakthrough After SEC and Binance Agree to Pause Suit? Ultimately, the action suggests a potential shift in the SEC’s approach toward crypto businesses. It fulfills part of Donald Trump’s promises before becoming the President of the United States for the second time. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Healthy greetings to all of you How was the party?? Disturbed isn't it? Yes, that is proof that the crypto market is very vulnerable to big news, yesterday there was Mr. Powel testifies and Mr. Trump speaks. And don't forget, today there is Consumer Price Index (CPI) data, be careful guys because this data is very important. On the 1 hour time frame, after a very deep drop, the price is now still rising and falling in a small range, namely 0.00000972 - 0.00000927, conditions will change, or remain like this until the announcement of the CPI data. You need to know, it is true that the price structure in the 1 hour timeframe is still bearish, whether it is the internal structure (white line) or the external structure (yellow line), In the internal structure, if you want a bullish report, if the price has passed the 0.00001144 level, it is called a change of character. And if it breaks 0.00000845, then the price will most likely continue to fall. In the external structure, if you want to be called bullish then the price must pass 0.00001478 However, in general structure is still bullish, especially on the 1 hour time frame. In my opinion, bullish or bearish are just names, because under whatever conditions prices continue to rise and fall. today I just wait and see !!!! That's all for now, I hope this helps, as usual this analysis must be adjusted to your own analysis, trading plan and risk management. Good luck guys!!!! I know $ PEPE 🌟🌟🌟🌟

Everyone thinks $ETH is dead, just like they said about $SOL 1,5 year ago. When institutional money floods in, it’s going straight to Ethereum.

Lawmakers across 20 U.S. states have introduced bills aimed at establishing bitcoin and digital asset reserves, potentially resulting in significant state-level investment. Matthew Sigel, head of digital assets research at asset management firm Vaneck, shared on social media platform X on Feb. 12: We analyzed 20 state-level bitcoin reserve bills. If enacted, they could drive $23 billion in buying, or 247K BTC. This sum is independent of any pension fund allocations, likely to rise if legislators move forward. These bills in Oklahoma, Massachusetts, Wyoming, Ohio, Texas, Utah, North Dakota, Iowa, Illinois, Kentucky, Missouri, Maryland, New Mexico, South Dakota, Montana, New Hampshire, North Carolina, Arizona, Florida, and Pennsylvania propose various levels of bitcoin allocations from general funds, stabilization reserves, and state treasurers’ accounts. Some states are considering significant investments, with Arizona proposing an estimate of up to $8.7 billion and Florida planning a $3 billion allocation. Missouri has also introduced a bill that could allocate over $1.7 billion to bitcoin. However, not all states have disclosed specific funding amounts, making it difficult to gauge the total market impact, Sigel explained. For instance, North Dakota has an unspecified proposal, while other states like Pennsylvania have already seen their bills fail, he added. Despite these uncertainties, the Vaneck head of digital assets research noted the potential for even higher investment levels, stating: This $23B number is potentially conservative, given the lack of details (many of these states are ‘n/a’ with size unknown). The push for state-level bitcoin reserves signals a growing acceptance of digital assets in government financial planning. While these proposals are still in the legislative process, their passage could introduce billions of dollars into the cryptocurrency market. If pension funds eventually join the initiative, total investment could increase beyond the current estimates. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。