Cardano

<ul class="wp-block-list news-points">
 <li><strong>Charles Hoskinson criticizes Bitcoin maximalism as BTC holds above $60K, sparking debate amid growing market uncertainty.</strong></li>
 <li><strong>Bitcoin’s RSI suggests neutral-to-slightly bullish sentiment, while a bearish MACD indicates downward momentum.</strong></li>
 <li><strong>Increased long positions and funding rates signal optimism, while rising liquidations suggest market caution.</strong></li>
</ul>
<p>Charles Hoskinson, founder of Cardano and a frequent critic of Bitcoin maximalism, recently sparked debate in the crypto community with an X post targeting Bitcoin advocates. In his post, Hoskinson criticized the intense focus on figures like <a href="https://x.com/chetan_kaul/status/1841894894832414967" target="_blank" rel="noopener noreferrer nofollow">Michael Saylor</a> and expressed frustration with what he perceives as “cult-like” behavior in the Bitcoin space. This comes as Bitcoin maintains a price above $60,000 despite growing market uncertainty and mixed sentiment.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">They never explain the low integrity part. They never explain the high integrity part. They worship a guy who literally just borrows money to buy Bitcoin. So much progress changing the economic, political, and social systems of the world. <br><br>Welcome to a cult <a href="https://t.co/SgYI3rqwLu" target="_blank" rel="noopener noreferrer nofollow">https://t.co/SgYI3rqwLu</a></p>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1841891930260558256?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 3, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h2 class="wp-block-heading" id="h-bitcoin-holds-strong-despite-market-volatility">Bitcoin Holds Strong Despite Mark…</h2>
<p>The post <a href="https://coinedition.com/hoskinson-slams-bitcoin-maximalism-as-btc-holds-above-60k/" rel="noopener noreferrer nofollow">Hoskinson Slams Bitcoin Maximalism as BTC Holds Above $60K</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Hoskinson Slams Bitcoin Maximalism as BTC Holds Above $60K

Table of Contents

Coin Edition

Other articles published on Oct 4, 2024

WazirX’s Latest Marvel: Non-Transparent 10 Member Committee for 4.4M Users

Celestia Foundation Raises $100M to Expand Modular Blockchain Ecosystem

Dogwifhat (WIF), Stacks (STX) Falling Behind As Crypto Top 10 Threatened By Pumping Solana Presal...

Cardano (ADA) Under Pressure With Developers Leaving: Crypto Buffs Turn To Exciting Presale Coin ...

Market Anticipates Key Bitcoin and Ethereum Expiration

IMF Issues Bitcoin Warning to El Salvador and Nayib Bukele: Key Details Revealed

Join our free newsletter for daily crypto updates!