Cardano's Charles Hoskinson recently reassured the crypto community that the industry is well-represented and hinted at positive developments ahead.
In a social media update, he dismissed speculation about government appointments, clarifying that no one from the executive branch is being assigned a crypto-related role.
Hoskinson addressed the growing rumors, emphasizing that meetings do not equate to endorsements or special authority. Despite his clarification, some in the community have criticized him for fueling speculation, arguing that his comments contributed to the rumors.
Previously, Hoskinson teased a significant meeting scheduled for early March, leading to speculation about high-profile discussions. Although he refrained from naming individuals, references in his posts hinted at possible connections.
Amid past speculation that he could serve in an advisory role for the U.S. government on cryptocurrency matters, Hoskinson has now urged the community to avoid further conjecture, stating that such discussions could be counterproductive.
The first week of July brings several important developments in the United States that could influence both traditional markets and the cryptocurrency sector.
Ric Edelman, one of the most influential voices in personal finance, has radically revised his stance on crypto allocation. After years of cautious optimism, he now believes that digital assets deserve a far larger share in investment portfolios than ever before.
In the case involving Terraform Labs and its co-founder Do Hyeong Kwon, the defense has asked the Federal Court for the Southern District of New York to extend the deadline for pretrial filings by two weeks, pushing it beyond the original date of July 1, 2025.
Coinbase has emerged as the best-performing stock in the S&P 500 for June, climbing 43% amid a surge of bullish momentum driven by regulatory clarity, product innovation, and deeper institutional interest in crypto.