Charles Hoskinson says he ‘knew nothing’ of ADA being selected for US reserve

Quick Summary:

Cardano’s Hoskinson says he woke up to messages of congratulations but had "no idea what the heck was going on.

ADA skyrocketed 76% in a few hours following the announcement, jumping from $0.647 to top out at $1.14 before dumping 30% over the following day.

It was news to me,” Hoskinson said in a video on March 5.

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Article Details

Author / Journalist: Cointelegraph by Martin Young

Category: Crypto

Markets: United States

Topics: Reserve Representatives March Policy Added Cardano Bitcoin Work Crypto Going Hoskinson

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-06 @ 05:47:40 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 451 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 26696004

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 260 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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