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Google has revised it's policy because it has started permitting Bitcoin ETF advertising.
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The #Cardano founder Charles Hoskinson has responded to an argument that he is Canadian in an effort to downplay the selection of ADA as a U.S. reserve asset. President Donald Trump’s announcement on Sunday that the U.S. strategic crypto reserve would feature Cardano (ADA), XRP, and Solana (SOL)—touted as “Made in America” coins—alongside Bitcoin and Ethereum has triggered discussions in crypto circles. The disclosure, made through Truth Social, aligns with earlier reports suggesting a focus on American-origin digital assets for the reserve. Yet, not everyone sees the logic behind the chosen trio. In the latest episode of the CoinDesk Markets Daily podcast, aired on March 4, host Jen Sanassi probed Delta Blockchain Fund founder Kavita Gupta for her take on these selections, triggering a pointed exchange about Cardano’s place in the mix. Gupta’s skepticism about ADA, and her misstep about its founder’s nationality, expectedly led to a sharp rebuttal from Cardano’s Charles Hoskinson, who took to X to set the record straight. Delta Blockchain Fund Founder Questions Inclusion of XRP and Cardano During the podcast, Sanassi steered the conversation to the three assets Trump named, seeking Gupta’s opinion on whether they deserved a spot in the yet-to-be-defined reserve. Gupta was more receptive of Solana, highlighting its large community. However, she questioned its long-term staying power beyond the meme coin craze that followed its NFT boom. She then turned to XRP, noting that she was confused over its retail token appeal, given its focus on institutional payment infrastructure, a debate she noted has lingered for years. However, her analysis took a sharper turn when she addressed Cardano, casting doubt on its inclusion and questioning its American credentials. Gupta argued that Cardano doesn’t strike her as a U.S.-based project, asserting that its founder hails from Canada and resides there. She contrasted this with Ethereum, which she credited with a robust U.S. community despite its multiple founders.
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#Ethereum (ETH) is nearing the $2,000 psychological support level, raising concerns about a potential breakdown as ETFs continue to register outflows. As Bitcoin witnesses a quick pullback under $83,000, Ethereum is close to testing its $2,000 psychological mark. With a pullback of nearly 12% in the past 24 hours, the Ethereum market cap is down to $252 billion. As the declining trend in Ethereum gains momentum, is the $2,000 support level breakdown inevitable? Let’s find out. Ethereum Price Tests $2,000 Support In the 4-hour price chart, Ethereum showcases a steep correction with two consecutive completion-range breakdowns. After the breakdown of the $3,000 psychological support, Ethereum found crucial support near the $2,500 mark. However, the market crash in late February resulted in a second-range breakdown with a pullback towards $2,100. The announcement of the U.S. Crypto Reserve led to a quick V-shaped reversal to retest the broken $2,500 level. However, the bullish failure to hold the trend momentum led Ethereum to take a bearish exit quickly. The downfall in Ethereum has accounted for nearly a 15% pullback. Currently, ETH is trading at a market price of $2,093. The declining trend has resulted in a pullback in the Chaikin Money Flow Index from 0.32 to near the zero level. This hints at a significant reduction in buying pressure. However, the daily RSI line hints at a potential bullish divergence. This suggests a possible consolidation near the $2,000 psychological mark. Ethereum ETF Outflows Continue As Ethereum warns of a potential breakdown of the $2,000 crucial support, U.S. Ethereum Spot ETFs record another day of outflow. On March 3, the net outflow stood at $12.10 million. This marked the 8th consecutive outflow day since February 20. Most Ethereum ETFs maintained a net-zero outflow on Monday, while BlackRock offloaded $16.06 million worth of Ethereum into the market. On the other hand, Bitwise registered an inflow of $3.96 million. #CryptoNewsFlash
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#Cardano founder Charles Hoskinson courts the Dogecoin community again. When Tesla CEO and Dogecoin champion Elon Musk bought X (then Twitter), Cardano founder Charles Hoskinson was quick to court the doggy-themed memecoin community. Perhaps in an attempt to front-run speculation of potential integration of the memecoin with the social media network, he offered to make it suitable for payments on the platform, albeit as a Cardano sidechain. This initial overture devolved after a heated exchange with Dogecoin creator Billy Markus. But Hoskinson appears to be back at it again as Musk’s X payments goal begins to take shape. This time, he has dropped the talk of making the network a Cardano sidechain, at least for now. Try, Try Again Cardano founder Charles Hoskinson is courting the Dogecoin community again. In a series of X posts on Tuesday, March 4, the Cardano founder has offered to “fix up” the Dogecoin network and make DOGE “the standard currency of X.” In his most seductive tone yet, Hoskinson teased the Dogecoin community with the potential of being the blockchain rails for X’s AI model Grok and low-cost payments for tipping posts. “Come on Dogecoin, you know you want a little retrofit. Little bit of sharded useful proof of work to run that expensive Grok. Some state channels for ultra low cost payments for tipping X posts. Some full secure smart contracts running on eutxo,” the Cardano founder wrote, adding a GIF with the caption, “I can fix that.” To sweeten the deal, Hoskinson noted that he would even “throw in some quantum resistance,” adding, “Just tell me how you like it (hashes or lattices).” #CryptoNewss
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