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🔥Hot take alert!🔥 Cardano's founder, Charles Hoskinson, weighs in on the US election. He's not Team Trump or Team Biden, but Team RFK Jr. Why? He's pro-crypto! 🚀 - Hoskinson criticizes Trump & Biden for harming the US economy, but sees Robert F. Kennedy Jr. as a beacon for the digital asset industry. - He believes the pro-crypto vote is crucial, with 53M Americans supporting the sector. - Trump's recent softening stance on crypto is noted, but Hoskinson's vote is with RFK Jr., a keen advocate of Bitcoin. What's your take, crypto fam? Who's your pick for the crypto industry? Let's chat! 💬 #Web3 #DeFi #DAO #Layer2

🔥Hot take alert!🔥 Cardano's founder, Charles Hoskinson, weighs in on the US election. He's not Team Trump or Team Biden, but Team RFK Jr. Why? He's pro-crypto! 🚀

- Hoskinson criticizes Trump & Biden for harming the US economy, but sees Robert F. Kennedy Jr. as a beacon for the digital asset industry.

- He believes the pro-crypto vote is crucial, with 53M Americans supporting the sector.

- Trump's recent softening stance on crypto is noted, but Hoskinson's vote is with RFK Jr., a keen advocate of Bitcoin.

What's your take, crypto fam? Who's your pick for the crypto industry? Let's chat! 💬 #Web3 #DeFi #DAO #Layer2

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🚀Good news, crypto fans! Genesis Global, the bankrupt crypto lender, is set to return a whopping $3B in cash and crypto to its creditors, thanks to a green light from U.S. Bankruptcy Judge Sean Lane.👏 - Despite objections from parent company Digital Currency Group (DCG), Judge Lane ruled that repayments won't be capped at Jan 2023 crypto prices. - DCG, as a junior stakeholder, finds itself at the bottom of the repayment pile. - Genesis is committed to reimbursing customers in crypto where possible, even though digital assets fall short of the total owed. Genesis filed for bankruptcy in Jan 2023, owing over $3.5B to its top 50 creditors. After liquidation of $1.6B in assets, DCG agreed to repay $324.5M in loans by April 2024. The plan estimates that creditors could recover up to 77%, a higher rate than if DCG had won in court. This proposal gained broad support from creditors, including Gemini Earn customers. What are your thoughts on this? Share in the comments!👇 #CryptoNews #GenesisGlobal
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🐋Litecoin whales are making waves! They've scooped up over 2.75M LTC in the last 30 days, topping up their stash by a cool $228M. But, has this made a splash in LTC's price? Not so much. It's been bobbing around $80-$86, even dipping to $76 once. 📈Despite the market's ups and downs, LTC's activity is buzzing. Thanks to Coinbase's futures contract product launch, LTC transactions & active addresses have spiked. Long-term LTC holders doubled post-halving, hitting 5M! 🚀Plus, the LTC-20 token standard launch on the Ordinals Protocol is a big step forward. So, what's your take on LTC's whale of a time? Share your thoughts below! #Litecoin #CryptoNews
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🚀ETH soared 10% in minutes on Monday, hitting $3450! Rumor has it, a US spot ETF for ETH could be on the horizon.👀 🐦Bloomberg ETF analyst, Eric Balchunas, tweeted that the odds of ETH ETF approval this month have jumped from 25% to a whopping 75%. Seems like the SEC might be changing its tune on this hot topic.🔄 📜Remember H.J.Res.109? The resolution to ditch an anti-crypto banking rule passed by the SEC? Despite Biden's veto threat, it sailed through the House and Senate with bipartisan support.🎉 🔍Balchunas and partner, James Seyffart, confirmed their accounts weren't hacked and their odds shift is based on info from multiple sources. Expect a flurry of filings in the coming days if they're right.📂 🎙️Fox Business reporter, Eleanor Terret, added that a prospective ETF issuer said things are "evolving in real time" regarding their application approval.🔄 📈BTC also got a boost from the news, rising 5% to $69,850 on Monday. The crypto market saw $226M in liquidations in the past 24 hours, according to Coinglass.💰 What do you think? Is a US ETH ETF just around the corner? Let's chat in the comments!👇 #ETH #ETF #CryptoNews
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🚀 Bitcoin's price is bouncing back, folks! After a few months of correction, we're seeing signs of recovery. But is it time for a new all-time high or just a fake breakout? Let's dive in! 🕵️‍♂️ 💹 The daily chart shows Bitcoin breaking above the midline of a descending channel pattern. If it can conquer the $68K resistance level, a new all-time high could be on the horizon. ⏰ On the 4-hour chart, the $60K support level has held strong, preventing a deeper correction. With the Relative Strength Index above 50%, a breakout above $68K seems likely in the short term. 📈 Bitcoin's open interest, a key metric for futures market sentiment, is also recovering. If it doesn't skyrocket as the price increases, we could be in for a sustainable rally. So, what do you think? Is a new all-time high on the table if BTC breaks toward $70K? Share your thoughts below! 👇 #Bitcoin #CryptoNews #BTC
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🔮 Polkadot (DOT) is playing the waiting game, folks! It's been stuck in a sideways consolidation phase, bouncing between $7.4 and $6.4. 📉📈 🎯 The key to DOT's future? A breakout from this range. 📊 Daily chart analysis shows DOT's price is hemmed in by a tough resistance at $7.5 and a solid support at $6.4. Recently, DOT rebounded from the lower boundary, reaching the upper limit. If buyers push past $7.4, we might see a bullish trend. 🚀 ⏱️ On the 4-hour chart, DOT's been dancing within an ascending wedge pattern. A breakout from this pattern will set the price's direction. 🔍 Sentiment analysis shows a lot of liquidity above $7.5. If DOT buyers target this, we could see a short-squeeze event. But be careful, a fake breakout could also occur. 🗣️ What do you think? Will DOT break out or break down? Share your thoughts below! #Polkadot #DeFi #Web3 [Original content from CryptoPotato]
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