ADA Surges 72% As Cardano Founder Charles Hoskinson Eyes Key Role Shaping Trump Crypto Policy
ADA has skyrocketed over 72% in a week after Cardano founder Charles Hoskinson revealed plans to help shape US crypto policy under the incoming Trump administration. The spike in the ADA price came after Hoskinson said in a Nov. 8 podcast appearance that will be spending ”quite a bit of time with members of the administration” to help craft crypto policy. ADA pushed its monthly performance out of the red with the recent rally to trade at $0.592 as of 5.55 a.m. EST after climbing 2.1% in the past 24 hours. Charles Hoskinson Aims To Engage With Trump Administration Officials To Influence US Crypto Policy Hoskinson said that he’ll be in Washington often to work with key leaders in the industry on crypto policy. While there has been no confirmation from the Trump administration that it intends to engage with Hoskinson, he said he is confident that the new administration will be open to collaborating with him. Until then, he said he is setting up a dedica...