Analyst Cardano holders warn: Don’t miss what the new encryption law in Trump really means
The price of Cardano was mostly a flat week, and is now trading about $ 0.63. However, the famous YouTube channel ‘Crypto Capital Venture’ released a viral video clip of its 399 thousand subscribers, with Kardano at the center.
Donald Trump has just signed the first draft encryption in American law. This new law prohibits the Tax Authority from imposing tax reporting rules on decentralized encryption platforms. It mainly eliminates the DEFI base that came during the Biden period in the office.
This is a great victory for encryption developers in the United States before that, the base would have provided decentralized protocols to the Tax Authority, even if no one controlled them. Now, developers will not face these heavy duties.
The video host says this is just a start to encryption policies. He believes that this new law keeps the door open for more innovation in Defi and self -financing. It also helps the United States to move forward with digital innovation, not behind countries like China.
President Donald Trump has officially signed the draft law to cancel a “DEFI Broker Broker”.
This is the first draft law on encrypted currencies ever. pic.twitter.com/vyiwj4hfvt
Fast response 47 (@rapidresponse47) April 11, 2025
Why does Cardano stand for benefit
Cardano is in a good place now, according to the video. Its focus is on developed, developed and safe, makes it in good mode with an improvement in encryption regulations. The host believes that Cardano can be in the center of a multi -dollar -dollar environmental system.
Paul Atkins is now a SEC chairWhich can be good for Cardano. Atkins was on Cardano YouTube before talking about encryption rules. This indicates that he knows Cardano and may understand decentralized technology better than former organizers. The video also indicates that community characters such as Daniel Friedman congratulated Atkins, indicating that Cardano may now have a friend in Washington.
Charles Hoskinson, who recently created Cardano, expected Bitcoin to reach $ 250,000 by the end of this year or next. More importantly, it works to connect Bitcoin and Cardano to use Defi. He plans to show this at the Bitcoin Conference in Las Vegas soon. If this succeeds, Cardano may become an important bridge for Bitcoin users to access Defi services. The host notes that Charles has not been unprecedented in this project.
There may also be a partnership formed between Ripple and Cardano. Ripple recently used the Cardano logo in one of their videos. While this is just a guess, this may mean that the two networks may work together soon, perhaps with an advertisement coming in May. This can lead to liquidity across the chain and the cooperation of assets in the real world.
Looking at price plans, the host sees Cardano trading about $ 0.63 -0.64 dollars, and what he calls the “opportunities area” similar to what happened with Ethereum before the big price jump. He believes that if Cardano exceeds some price levels, especially average of 200 days, more buyers may jump.
The host warns viewers that they are ready for some boring price movement before any major escalating moves. Historical patterns that show months of “brutal” unification may still be in the future. It suggests focusing on long -term changes instead of daily price changes and uses perception techniques to prepare for a possible bottom. It indicates that ADA may need to keep a set of 0.65 to $ 0.74 before a clear change in the direction.
Also read: Cardano founder hints at XRP Partnership – what ADA means
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