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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.

Dogecoin ($DOGE ) has faced a sharp downturn this month, continuing a bearish trend that began in December when it hit a peak of $0.4835. The decline aligns with broader altcoin struggles as market sentiment remains in "fear" territory, with the Fear and Greed Index hovering around 35. However, technical indicators suggest a possible reversal could be on the horizon. Why a DOGE Rebound Looks Likely One key metric, the Market Value to Realized Value (MVRV) ratio, indicates that DOGE has entered the "opportunity zone." Historically, whenever this indicator drops to similar levels, Dogecoin has experienced a sharp recovery. Santiment data shows that a past drop to this level led to a 45% rally in December, pushing DOGE to $0.4332. If history repeats, a similar move could take the price back to $0.3640 and possibly higher. Moreover, Trader Tardigrade, a well-known analyst, notes that DOGE is now in the “accumulation zone.” He believes the coin often goes parabolic after dipping from consolidation phases. If this pattern holds, DOGE could retest the $1 resistance in the long run. Key Levels to Watch Immediate support: $0.20 – A break below invalidates the bullish outlook. Resistance targets: $0.3215 (38.2% Fibonacci) and $0.3836 (23.6% Fibonacci). With historical trends and technicals aligning, DOGE could soon surprise the market with a strong comeback. Will this be the next breakout rally?

#Dogecoin Bullish Falling Wedge Nears Breakout 🔥 $Doge often forms large Falling Wedge before the pumps 🚀 A SURGE is imminent.

Eric Balchunas shared his predictions regarding the approval likelihood of spot cryptocurrency ETFs in 2025. Balchunas forecasts that Litecoin ($LTC ) and Dogecoin (DOGE) have the highest chances of approval, with probabilities of 90% and 75%, respectively. Solana (SOL) follows with a 70% chance, while XRP has a lower probability of 65%.

🐶 Could $DOGE at $0.90 Be Your Path to Wealth? 🚀 Imagine holding 186,636 Dogecoin ($DOGE ) and watching its price soar to $0.90 within just two months. That would mean: 💰 Potential Portfolio Value = 186,636 $DOGE × $0.90 = $167,972.40 That’s nearly $168K in potential profits! But what factors could fuel such a dramatic price surge? Let’s break down the key drivers that might push DOGE to new highs. 🔥 What Could Drive DOGE’s Price Higher? 1️⃣ Celebrity Endorsements & Media Hype Figures like Elon Musk have repeatedly influenced DOGE’s price with a single tweet. Public support from high-profile personalities or brands can ignite massive FOMO and demand. 2️⃣ Mainstream Adoption & Utility Expansion Acceptance by major companies (e.g., Tesla, online retailers) increases credibility and usage. A rise in real-world applications for DOGE payments could bolster long-term growth. 3️⃣ Overall Market Trends & Investor Sentiment Bitcoin & Ethereum bull runs often trigger surges in altcoins like DOGE. Growing institutional interest and retail trading volume could add fuel to the rally. 4️⃣ Blockchain Improvements & Ecosystem Growth Upgrades to enhance transaction speeds, reduce fees, and improve scalability could attract more users. Collaborations with other blockchain projects may boost DOGE’s credibility and potential. 5️⃣ Speculation & Whale Accumulation DOGE is known for high volatility, making it a prime target for traders looking for quick profits. Large purchases by whale investors could trigger unexpected price spikes. ⚠️ Final Takeaway While the prospect of huge returns is enticing, it’s important to remember that crypto remains highly unpredictable. Whether you’re aiming for long-term gains or short-term profits, always conduct thorough research, assess risks, and stay updated on market trends before making investment decisions.