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Reading: Cardano founder praises Treasury secretary’s Bitcoin tweet
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© 2025 All Rights reserved | Powered by All News Bitcoin
Bitcoin

Cardano founder praises Treasury secretary’s Bitcoin tweet

November 6, 2025 2 Min Read
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The Bitcoin white paper turned 17 on Friday. On October 31, 17 years in the past, Satoshi Nakamoto revealed his 2008 Bitcoin white paper to a crypto mailing listing.

This milestone was celebrated throughout the crypto neighborhood, with Treasury Secretary Scott Bessent additionally becoming a member of in on the second.

In a tweet, Bessent praised Bitcoin’s resilience and in addition highlighted the seventeenth anniversary of the publication of the Bitcoin White Paper, saying, “17 years after the white paper, the Bitcoin community remains to be up and extra resilient than ever. Bitcoin won’t ever shut down.”

The Treasury Secretary’s tweet caught the eye of prime crypto figures, together with Cardano founder Charles Hoskinson, who described it as one thing fairly magical.

There’s one thing so magical in regards to the sitting US Secretary of the Treasury tweeting about Bitcoin and its reliability https://t.co/YOQux6U3oW

— Charles Hoskinson (@IOHK_Charles) November 1, 2025

“There’s something very magical in regards to the sitting US Secretary of the Treasury tweeting about Bitcoin and its reliability,” Hoskinson wrote.

Cardano information

In current information, the cbADA borrowing market is now dwell on Base. CbADA is Coinbase’s wrapped model of Cardano (ADA) on Base and is backed 1:1 by actual ADA. Current developments are anticipated to additional increase the probabilities of cross-chain DeFi.

In massive information for Cardano, Enter Output has revealed Ouroboros Phalanx. This can be a new improve that makes community assaults tougher and costlier whereas enabling as much as 30% quicker transactions.

Ouroboros Phalanx raises the safety bar for Cardano with robust safety in opposition to stake-based assaults, making certain quicker transactions and stronger community integrity.

See also  Today Crypto Market: 5 optimistic catalysts that see more bitcoin prices

On the time of writing, ADA was buying and selling at $0.61, down 24.55% from its October shut.

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