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The post Charles Hoskinson Slams USAID for Funding Book Linking Bitcoin to Extremism” appeared first on Coinpedia Fintech News In a latest development, Charles Hoskinson, founder of Cardano, has criticized the U.S. Agency for International Development (USAID) for funding a book that links Bitcoin to right-wing extremism. WikiLeaks recently revealed that USAID funded a book connecting Bitcoin and cyberlibertarianism to right-wing ideologies. The book, Cyberlibertarianism: The Right-Wing Politics of Digital Technology, authored by David Golumbia, links Bitcoin to extremist ideologies. Published by the University of Minnesota Press, it reportedly received over $80,000 in funding from the U.S. government, according to WikiLeaks. Hoskinson expressed his frustration on social media, calling this portrayal of Bitcoin “garbage.” So apparently, USAID is funding the production of propaganda that says Bitcoin is right-wing extremism. I'm so done with this garbage https://t.co/hG9ViJiW0A — Charles Hoskinson (@IOHK_Charles) February 10, 2025 This controversy arises amid broader scrutiny of USAID’s activities. The Trump administration has recently issued an executive order leading to a funding freeze for the agency, affecting its global humanitarian efforts. Reports indicate that some USAID staff are also on leave, with the agency’s future unclear. Backing, Cardano founder Charles Hoskinson, Representative French Hill, chairman of the House Financial Services Committee (HFSC), recently commented on USAID’s spending. He mentioned that Elon Musk’s Department of Government Efficiency (DOGE) is looking into the agency’s budget. Hill also pointed out that Secretary of State Mike Rubio, who oversees USAID, will be involved in decisions about its future funding. Hoskinson’s criticism highlights the ongoing debate about how Bitcoin is portrayed and the role of government funding in crypto research. Bitcoin supporters argue that these narratives try to undermine decentralized technologies, which they see as tools for financial inclusion and economic freedom.

Elon Musk’s DOGE team is working to cancel $8M in federal subscriptions to Politico Pro. The move follows claims linking Politico’s payroll issues to USAID funding. The White House supports the cancellation, citing concerns over taxpayer dollars. The White House announced Wednesday that it will cancel all federal agency subscriptions to Politico Pro. This announcement follows claims suggesting the news outlet received funding from the U.S. Agency for International Development (USAID). Official Rationale and Spending Records White House Press Secretary Karoline Leavitt stated during a briefing that taxpayer dollars will no longer be used to “subsidize” Politico. Yet, official spending records show the payments were for valid subscriptions purchased by various federal agencies, not direct government funding. The controversy began when Kyle Becker, a public commentator, linked a temporary payroll issue at Politico to USAID funding. His claim was picked up by right-wing figures, including Benny Johnson, Charlie Kirk, and Dana Loesch, who called for protests at Politico’s offices. Related: Trump’s D.O.G.E. Initiative Cuts DEI Spending, Saves Over … The post Elon Musk DOGE Team Moves to End $8M Federal Politico Subscriptions Amid USAID Funding Controversy appeared first on Coin Edition.

Ethereum Price Recovery Stalls at Resistance: Can Bulls Break? Ethereum began a rebound over $2,500. ETH is up about 10% and meets severe resistance at $2,920. Ethereum rose well over $2,500. The price is below $2,900 and the 100-hour SMA. On the hourly ETH/USD chart, a negative trend line with resistance at $2,920 is formed. If it remains below $2,920, the pair may fall again. Ethereum Price Trys Recovery Ethereum fell sharply below $2,800, lagging Bitcoin. ETH entered a negative zone below $2,650 and $2,500. A drop below $2,200 occurred. After 25% decrease, the price touched $2,120. The price recently rose from a $2,127 low. Above $2,500, it rose. The price broke the 50% Fib retracement barrier of the $3,403 wing high to $2,127 swing low decline. However, bears are active around $2,900. On the hourly ETH/USD chart, a negative trend line with resistance at $2,920 is formed. Ethereum has fallen below $2,900 and the 100-hour SMA. The price may face resistance at $2,900 on the upside. First big barrier is at $2,920, the trend line or 61.8% Fib retracement level of the decline from $3,403 wing high to $2,127 swing low. The primary resistance is near $3,000. A clean break over $3,000 might push the price above $3,120. Above $3,120 barrier might lead to greater advances in the following sessions. Ether may grow to $3,250 or $3,320 in the short future. Another ETH Drop? Ethereum may fall again if it fails to break $2,900. Around $2,765, downward support begins. Major support begins at $2,650. A decisive break below $2,650 might bring the price near $2,500. If losses continue, the price may reach $2,420 support. The next support is $2,350. Tech Indicators Hourly ETH/USD MACD is rising in the positive zone. $ETH

Give Retail Investors a Voice in Crypto Policymaking (Dyana Wing So / Unsplash) #Bitcoin $BTC

Horizen ($ZEN ), a leading privacy-focused blockchain platform, is rapidly expanding its reach through strategic partnerships and collaborations. These partnerships play a crucial role in driving ZEN adoption and solidifying Horizen's position in the blockchain industry. Here’s a look at some of the key companies and projects contributing to the growth of the Horizen ecosystem. 1. Protocol Labs Horizen partnered with Protocol Labs to integrate Filecoin’s decentralized storage solution into its ecosystem. This collaboration enhances Horizen's ability to offer secure and decentralized file storage, aligning with its privacy-first approach. 2. Celsius Network The partnership with Celsius Network allows ZEN holders to earn interest on their holdings. By integrating with this popular crypto lending platform, Horizen offers its community a way to generate passive income, increasing ZEN’s utility and appeal. 3. StakeHound StakeHound bridges Horizen’s ecosystem with Ethereum by enabling ZEN token holders to access DeFi opportunities. The partnership introduces wrapped ZEN (stZEN), allowing users to participate in staking while exploring Ethereum-based DeFi protocols. 4. IOHK (Input Output Hong Kong) Horizen’s collaboration with IOHK, the organization behind Cardano, focuses on cross-chain solutions and interoperability. This partnership drives the innovation of scalable blockchain infrastructure, ensuring Horizen remains at the forefront of blockchain technology. 5. Dash and Horizon Labs Through its partnership with Dash, Horizen improves blockchain usability and scalability. Horizon Labs, Horizen’s innovation wing, also drives enterprise solutions and tokenization projects, expanding Horizen’s real-world applications. 6. Crust Network Horizen integrates with Crust Network to enhance decentralized data storage capabilities, ensuring scalable and efficient solutions for users and businesses. With these partnerships, Horizen is not just a blockchain platform—it’s an evolving ecosystem designed to empower businesses, developers, and individuals. These collaborations are critical to driving ZEN adoption, pushing Horizen closer to its goal of a truly decentralized and private blockchain-powered future.