Cardano’s Hoskinson Calls for Crypto Unity Against Operation Chokepoint 2.0
Charles Hoskinson, the founder of Cardano, has called for unity within the cryptocurrency industry, urging a shift away from past rivalries.
His message comes amid the fallout from Operation Chokepoint 2.0, a global initiative targeting crypto businesses with aggressive debanking measures.
Hoskinson Advocates for Crypto Collaboration Against Operation Chokepoint 2.0
In a November 30 post on X (formerly Twitter), Hoskinson publicly addressed his past criticisms of ecosystems like Bitcoin, XRP, and Solana, acknowledging the need for reconciliation. He encouraged the Cardano community to move beyond past disputes and hostility, emphasizing the importance of resetting relationships across the crypto space.
“One suggestion that I have for all of us in the Cardano community is to let the comments and opinions of the past go and embrace a full reset of all ecosystems,” Hoskinson stated.
Hoskinson noted that while influencers from rival ecosystems have often dismissed Cardano, many are now reevaluating its potential. This shift, he said, creates an opening for meaningful dialogue and collective action. So, he called on the community to abandon tribalism, which he described as a key obstacle to mainstream adoption and the industry’s long-term growth.
Looking ahead to 2025, Hoskinson outlined a vision of unity and progress. He believes the industry has a limited window to transform crypto into a mainstream financial asset and boost its market valuation. This goal, he argued, demands a united front to overcome internal divisions and seize emerging opportunities.
“2025 is about unity and progress. We have a window to make crypto mainstream and grow our markets to the tens of trillions of dollars of value, thereby entering every home and government alike. We can not allow petty tribalism to squander this opportunity,” Hoskinson concluded.
Meanwhile, Hoskinson’s call for unity comes amid the industry’s struggles with Operation Chokepoint 2.0. The operation, which uses tactics like audits, fines, and bank de-platforming, has forced financial institutions to sever ties with crypto firms out of fear of regulatory consequences.
The Cardano founder emphasized that the operation’s impact has been global, causing both economic and emotional harm to crypto businesses worldwide.
“The global fallout from Operation Chokepoint 2.0. So many people put their head in the sand for political reasons, saying it’s not as bad as the industry was making it out to be. It is worse and global. So many businesses were harassed, fined, audited, and de-platformed,” he stated.
Indeed, Hoskinson’s statements highlight the urgency of building solidarity within the crypto ecosystem. By focusing on shared goals and overcoming internal divisions, he believes the industry can navigate external challenges and drive broader adoption across the globe
#ADA When Cardano crosses $0.60, will ADA price reach $1? Post When Cardano Breaks $0.60 Will ADA Price Reach $1? appeared first on Coinpedia Fintech News As Cardano maintains its position as the 9th largest cryptocurrency in the world, the altcoin's market cap has reached $21 billion. This milestone comes with a surge of 3.52% in the last 24 hours, and the price of Cardano is currently trading at $0.6061.
No one will tell you the real reason for the drop in ALTCOIN prices Investors do not know that the current President of the United States, Joseph Robinette Biden, immediately after taking office, launched an operation called "Skoke point" or "Skoke point 2.0" aimed at overthrowing and destroying cryptocurrencies. Skoke point is an operation carried out by President Obama to weaken the sale of firearms in the United States by forcing banks to close their doors to manufacturers and distributors of firearms intended for the United States public, protected by the Second Amendment to the United States Constitution, which guarantees the right of citizens of the country to bear arms . When Biden becomes president, his BlackRock boss orders him to dismantle cryptocurrencies, and that's when Biden's advisers tell him about Operation Shock Point, which they've renamed Shock Point 2.0. This operation is launched as a cover for Federal Reserve regulators who will force banks to deny funding to the cryptocurrency industry by launching a witch hunt against various EXCHANGES and cryptocurrencies, with the intention that digital currency creators will not be able to Find funding from US banks felt in May 2022 2018, when the UST/Terra stablecoin collapsed, plunging the crypto market into chaos, shortly after several crypto market platforms collapsed in a row, FTX collapsed in November. You may have heard of TERRA, the first algorithmic stablecoin, TerraUSD (UST), pegged to the US dollar, launched in September 2020, which plummeted to a negative balance in 2022. In the face of the TerraUSD (UST) scandal, regulators began to see that the results of the operation, a few days later they issued a joint statement in March 2023, in which they warned about the risks of investing in cryptocurrencies, and this warning was also directed at banks not to funded cryptographic projects. Next, the owner of FTX (who is not a gentle dove) was jailed, and then the Chinese owner of this EXCHANGE where you work went down. You must remember that I warned you that operation Skoke point 2.0 was a covert operation, of course it is difficult to hide it, because it is an operation that hits the pockets of 50 million Americans who hold cryptocurrencies, there is no way the operation will pass unnoticed. Going back to what happened after the joint statements of regulators and threats to banks not to finance cryptocurrencies, we saw an Order against Ethereum DeFi Exchange Uniswap, where he threatened criminal proceedings and forced them to pay a fine of 175 thousand dollars, on June 6, ALTCOIN collapsed and to this day they only lose value.
Cardano and Bitcoin are integrated through BitcoinOs BOS Friends, Cardano is set to unlock more than $1.3 trillion in Bitcoin liquidity for its decentralized finance (DeFi) ecosystem with a new integration with BitcoinOS (BOS), the smart contract platform for Bitcoin. As such, this integration aims to allow Cardano users to securely access Bitcoin (BTC) without intermediaries to improve cross-chain functionality and expand DeFi. By integrating BOS into Cardano, Bitcoin's market cap, which at the time of writing is around $1.3 trillion, will be available. Friends, these cryptocurrencies are presented on Binance, with this integration we can expect Cardano to rise, so we will have to take this into account in anticipation of the rally. Thank you for supporting me.