Close Menu
Cryprovideos
    What's Hot

    Solana's Pump.Enjoyable Plans $1 Billion Token Sale, Blockworks Says

    June 4, 2025

    3 US Crypto Shares to Watch Right now

    June 4, 2025

    Coinbase CEO Warns Bitcoin Could Substitute U.S. Greenback: Elon Musk Responds – BlockNews

    June 4, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»Cardano's Charles Hoskinson advocates for DeFi-enabled Bitcoin ecosystem
    Cardano's Charles Hoskinson advocates for DeFi-enabled Bitcoin ecosystem
    Altcoins

    Cardano's Charles Hoskinson advocates for DeFi-enabled Bitcoin ecosystem

    By Crypto EditorNovember 26, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Cardano blockchain founder Charles Hoskinson has shared a imaginative and prescient of constructing an “ecosystem of hybrid apps powered by DeFi-enabled Bitcoin.”

    In a Nov. 26 put up on X (previously Twitter), Hoskinson highlighted his renewed curiosity in Bitcoin’s foundational code whereas noting that including a DeFi layer to the highest digital asset may restore its modern edge.

    Hoskinson acknowledged:

    “It’s now a aim of mine to see an ecosystem of hybrid apps powered by DeFi enabled Bitcoin. This imaginative and prescient ought to solely require the person to spend bitcoin to make it occur.”

    He continued that Cardano’s Babel payment mechanism, which permits transaction charges to be paid in belongings apart from ADA, may facilitate this integration. This function enhances interoperability and simplifies person transactions.

    The plan builds on Cardano’s latest integration with Bitcoin by way of the BitcoinOS’s Grail Bridge. This bridge unlocks liquidity between the 2 blockchain networks and introduces decentralized programmability to Bitcoin. It additionally goals to deal with infrastructure gaps wanted for DeFi actions.

    BitcoinOS describes itself as each a bridge and a guiding framework for Bitcoin’s enlargement into DeFi, GameFi, and good contract purposes.

    Cardano’s on-chain exercise Surges

    Hoskinson’s announcement coincides with rising exercise on the Cardano community.

    Over the previous month, retail curiosity in Cardano has surged amid a broader market uptrend that pushed Bitcoin’s value close to the $100,000 milestone. This rally helped gasoline Cardano’s ADA token, which briefly crossed the $1 mark for the primary time since April 2022 and tripled its market capitalization.

    Nevertheless, the digital asset has seen an 11% drop prior to now 24 hours to $0.93 as of press time, in response to CryptoSlate’s knowledge.

    Cardano's Charles Hoskinson advocates for DeFi-enabled Bitcoin ecosystem
    Cardano Every day Energetic Addresses (Supply: IntoTheBlock)

    Nonetheless, ADA stays a focus because the community sees a spike in new person addresses, reaching ranges not seen since June 2023.

    The put up Cardano’s Charles Hoskinson advocates for DeFi-enabled Bitcoin ecosystem appeared first on CryptoSlate.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Solana's Pump.Enjoyable Plans $1 Billion Token Sale, Blockworks Says

    June 4, 2025

    3 US Crypto Shares to Watch Right now

    June 4, 2025

    Coinbase CEO Warns Bitcoin Could Substitute U.S. Greenback: Elon Musk Responds – BlockNews

    June 4, 2025

    California Advances Invoice to Settle for Bitcoin for State Charges – Bitbo

    June 4, 2025
    Latest Posts

    Coinbase CEO Warns Bitcoin Could Substitute U.S. Greenback: Elon Musk Responds – BlockNews

    June 4, 2025

    California Advances Invoice to Settle for Bitcoin for State Charges – Bitbo

    June 4, 2025

    Ethereum Consolidates In opposition to BTC – Altseason Hopes Hinge On ETH/BTC Breakout

    June 4, 2025

    Solely 320 Billion Shiba Inu Transacted in 24 Hours; Elon Musk Brings up Bitcoin 1st Time in 3 Years; 10,710,000,000 in DOGE as Open Curiosity Returns to Peak Ranges: Crypto Information Digest by U.As we speak

    June 4, 2025

    Semler Scientific Acquires 185 Bitcoin, Growing Complete Holdings To 4,449 BTC

    June 4, 2025

    Worth predictions 6/4: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK

    June 4, 2025

    Armstrong, Musk Slam U.S. Debt, Warn of Bitcoin Shift – Bitbo

    June 4, 2025

    Reality Social Seeks to Launch Spot Bitcoin ETF through NYSE Arca

    June 4, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Charles Schwab to Introduce Spot Crypto Buying and selling; Right here's When

    April 21, 2025

    Dogecoin (DOGE) Rival FLOKI Rips After Coinbase Broadcasts Potential Future Itemizing – The Day by day Hodl

    November 17, 2024

    Donald Trump's Tariffs, Bitcoin, And The Crypto Market: All the pieces You Ought to Know About Why The Market Crashed | Bitcoinist.com

    April 4, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.