Charles Hoskinson criticizes Bitcoin maximalism as BTC holds above $60K, sparking debate amid growing market uncertainty.
Bitcoin’s RSI suggests neutral-to-slightly bullish sentiment, while a bearish MACD indicates downward momentum.
Increased long positions and funding rates signal optimism, while rising liquidations suggest market caution.
Charles Hoskinson, founder of Cardano and a frequent critic of Bitcoin maximalism, recently sparked debate in the crypto community with an X post targeting Bitcoin advocates. In his post, Hoskinson criticized the intense focus on figures like Michael Saylor and expressed frustration with what he perceives as “cult-like” behavior in the Bitcoin space. This comes as Bitcoin maintains a price above $60,000 despite growing market uncertainty and mixed sentiment.
They never explain the low integrity part. They never explain the high integrity part. They worship a guy who literally just borrows money to buy Bitcoin. So much progress changing the economic, political, and social systems of the world.
Welcome to a cult https://t.co/SgYI3rqwLu
— Charles Hoskinson (@IOHK_Charles) October 3, 2024
Bitcoin Holds Strong Despite Mark…
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