Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025

Dutch crypto firm Amdax raises $35m to buy Bitcoin

October 7, 2025

Why did BTC reach a new all-time high?

October 7, 2025
Facebook X (Twitter) Instagram
Tuesday, October 7 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

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

November 26, 2024Updated:November 26, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cardano’s Charles Hoskinson advocates for DeFi-enabled Bitcoin ecosystem
Share
Facebook Twitter LinkedIn Pinterest Email
ad


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 might restore its modern edge.

Hoskinson acknowledged:

“It’s now a objective 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 charge mechanism, which permits transaction charges to be paid in property apart from ADA, might facilitate this integration. This characteristic enhances interoperability and simplifies person transactions.

The plan builds on Cardano’s current 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 handle infrastructure gaps wanted for DeFi actions.

BitcoinOS describes itself as each a bridge and a guiding framework for Bitcoin’s growth into DeFi, GameFi, and sensible 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 worth close to the $100,000 milestone. This rally helped gas Cardano’s ADA token, which briefly crossed the $1 mark for the primary time since April 2022 and tripled its market capitalization.

Nonetheless, the digital asset has seen an 11% drop up to now 24 hours to $0.93 as of press time, in keeping with CryptoSlate’s knowledge.

Cardano’s Charles Hoskinson advocates for DeFi-enabled Bitcoin ecosystem
Cardano Every day Lively 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.



Source link

ad
advocates Bitcoin Cardanos Charles DeFienabled ecosystem Hoskinson
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025

Dutch crypto firm Amdax raises $35m to buy Bitcoin

October 7, 2025

Why did BTC reach a new all-time high?

October 7, 2025

Solana ETF vs. Ether: Can SOL Outperform ETH?

October 7, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000
October 7, 2025
Dutch crypto firm Amdax raises $35m to buy Bitcoin
October 7, 2025
Why did BTC reach a new all-time high?
October 7, 2025
Solana ETF vs. Ether: Can SOL Outperform ETH?
October 7, 2025
Grayscale’s Ethereum ETFs And Solana Fund Introduce Staking Features Today – Key Details
October 7, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

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