Shiba Inu has become a Gold Sponsor of this year’s TOKEN2049 | The Crypto Basic on Binance Square

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Shiba Inu has become a Gold Sponsor of this year’s TOKEN2049 conference, which will take place in Dubai this month.  

#SHIB🔥🔥 #SHIBARMYSTRONG. #Crypto #CryptoNews🚀🔥V #CryptoNewssCommunity 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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#Cardano founder Charles Hoskinson insists Cardano shares a similarity with XRP and the pioneering blockchain network Bitcoin. Bitcoin, Cardano, and the XRP Ledger are undoubtedly among the leading Layer 1 blockchains in crypto, but beyond that, it can be hard to discern similarities between the three projects. Recently, however, Cardano founder Charles Hoskinson suggested that there is at least one. Bright Futures Charles Hoskinson has asserted that Bitcoin, Cardano, and XRP have bright futures. The Cardano founder expressed this view in a Sunday, December 22 broadcast, contending that the ecosystems around these blockchains are strong because they have overcome several hurdles and challenges. He stressed that projects that got big without being tested often collapse when they face these tests, citing Terra (LUNA) and FTX as prime examples. Hoskinson’s statements in the Sunday broadcast came as he addressed infighting in the Cardano community between Input Output Hong Kong, the primary development firm behind the network, and the Cardano Foundation, a Swiss-based nonprofit tasked with promoting widespread adoption of the blockchain, that has recently come to the fore as the network pursues community governance. During the recent broadcast, he described the public quarrels as a “necessary evil” and an integral part of any transparent, decentralized process, especially when the community has not had the chance to interact like this in years. However, he contended that squabbles like these are often followed by progress as people find common ground and set basic principles. He stressed that Cardano’s ability to handle hurdles like these is what made it strong. Responding directly to sentiments from influential community member Rick McCracken, he dismissed claims that recent squabbles could affect Cardano’s ability to enter and maintain external partnerships. #CryptoNewsCommunity

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"Dogecoin to the Moon: Bitcoin’s $17.73T Gold-Like Market Cap Fuels Stunning Gains!"

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Asset manager VanEck suggests that the United States will cut its national debt by a staggering 36% if the country adopts Bitcoin as a reserve asset. The US President-elect, Donald Trump, has described #Bitcoin as the cryptocurrency of the future. Notably, he has often teased using Bitcoin to pay for the growing national debt. Other Bitcoin advocates in the United States also share a similar sentiment. For context, Senator Cynthia Lummis has argued that the premier crypto asset would facilitate a debt-free America, providing a better economic environment for future generations. Amid these discussions, multi-billion asset manager VanEck has shared a template showing the impact of Bitcoin adoption on the national debt. Pros and Cons of Bitcoin Strategic Reserve VanEck’s analysis hinges on Senator Lummis’s Bitcoin Act bill, which proposes buying 1 million bitcoins over five years. The asset manager noted that the US could finance the purchases through executive action while the legislative deliberation is underway. The leading asset manager also stressed that the US could hold the first 200,000 tokens through confiscated bitcoins. The purchase of the remaining 800,000 tokens could come from reevaluating the country’s $693 billion gold stash and possibly unlocking capital through its sales. Further, the purchase could also come from the $49.7 billion Exchange Stabilization Fund (ESF) signed off by the Treasury Secretary. Meanwhile, VanEck noted that if Bitcoin appreciates 25% annually from its $200,000 base price in 2025 and the US acquires 200,000 BTC yearly, its stash would be worth $42.4 trillion by 2049. Also, if the US debt grows by 5% from $37 trillion next year, it will reach $119.3 trillion in the next 26 years. Hence, accruing 1 million BTC over the next five years would slash the US debt by an impressive 36%. Furthermore, if the world’s wealth appreciated by 7% from its current $900 billion valuation, Bitcoin will capture 18% of the global financial market with a 25% yearly growth rate. #Crypto

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