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Cardano founder Charles Hoskinson has openly declared that he has no intentions of abandoning the Cardano blockchain for its sidechain, Midnight.
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Michael Saylor predicts Bitcoin could exceed $100K this year, citing political shifts, institutional backing, and reduced market risks. Bitcoin saw a 1.5% drop in the past 24 hours, signaling profit-taking following a significant rally earlier this week. The cryptocurrency had climbed above $93,000, reaching a high of $93,850 before encountering selling pressure. The pullback led to a dip, with Bitcoin trading around $89,780 after hitting a low of $85,000. Despite this, market sentiment remains optimistic, with industry leaders forecasting further upward momentum. For instance, Michael Saylor, co-founder and Executive Chairman of MicroStrategy, has expressed optimism about Bitcoin’s near-term potential. Speaking with CNBC, he projected that Bitcoin could exceed $100,000 by the end of the year, dismissing the likelihood of significant price drops. Saylor pointed to recent political shifts and institutional backing as critical factors supporting this outlook. #Bitcoin #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
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The Cardano ecosystem has reached a new milestone with the introduction of the first-ever zkApp running on its Midnight sidechain. Sebastien Guillemot, co-founder of Paima Studios, unveiled this innovation in a recent post on X. The demonstration moment spotlighted Midnight’s capabilities as a privacy-focused addition to Cardano, which leverages zero-knowledge proofs (ZKPs) for enhanced confidentiality. Guillemot expressed excitement about the zkApp demonstration, which ran directly in a browser. He noted the speed and efficiency of proof generation, describing it as a major step toward a future where privacy-centric applications can seamlessly integrate across blockchains. According to Guillemot, a collaboration between Midnight and Paima Studios will simplify the creation of multi-stack dApps. Notably, this would allow developers to combine the strengths of different blockchain ecosystems. For instance, developers could create applications enabling Bitcoin transactions with Cardano-powered assets or allow users to interact with Midnight smart contracts directly from popular wallets like MetaMask. These further show how Midnight’s ZK technology can expand functionality while maintaining data security. Cardano Founder Reacts Cardano founder Charles Hoskinson reacted to Guillemot’s announcement with a Star Wars-themed GIF. The clip depicted Emperor Palpatine confirming, “everything is proceeding exactly as I have foreseen.” #Cardano #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA
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Ripple CEO Brad Garlinghouse humorously reacts as NYSE Arca files to list the Bitwise 10 Crypto Index Fund (BITW), which contains multiple crypto assets like XRP and Bitcoin, as an exchange-traded product (ETP). Yesterday, Bitwise disclosed that NYSE Arca filed a 19b-4 application with the U.S. SEC seeking to list BITW as an ETP. It described the filing as its latest effort to convert the world’s first and largest index fund into an ETP structure. #XRP #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA
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Dogecoin whales have gone on a buying spree, acquiring 160 million DOGE in the past 24 hours amid the ongoing price correction. Whales are massively acquiring Dogecoin, leveraging the recent dip to buy the meme coin at a discount. In the past 24 hours, large holders have amassed 160 million DOGE in anticipation of a price uptick. The growing confidence in Dogecoin stems from the meme coin’s recent price explosion. For context, the dog-themed token recently broke a multi-year price high, appreciating extensively to trade around $0.4316 on November 13. As it dropped from this peak, accumulation has picked up. #Dogecoin #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
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XRP is surging towards $1, with analysts predicting it could hit the milestone soon, driven by bullish momentum and growing market confidence. Last night, XRP broke into the $0.80 region while Bitcoin’s bull run cooled. Specifically, XRP’s price rose from an intraday low of $0.6844 to as high as $0.8452, marking a one-day gain of 23.5%. At press time, while the broader crypto market is bearish, XRP remains surprisingly strong. While Bitcoin is down 3% and Ethereum has dropped 5%, XRP is defending the gains it accrued on Thursday and trading above the $0.80 price level. #XRP #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA
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