Ripple and Cardano (ADA) Partnership Coming? CEOs Speak!
Cardano founder Charles Hoskinson praised CEO Brad Garlinghouse, pointing to the Ripple partnership.
Cardano (ADA) founder Charles Hoskinson, one of the important names in the cryptocurrency market, created excitement in the crypto community by giving hints about a possible collaboration with Ripple.
Is a Ripple-Cardano Partnership Coming?
Cardano founder Charles Hoskinson praised CEO Brad Garlinghouse, pointing to the Ripple partnership amid calls for regulatory clarity for the cryptocurrency sector.
In his post from the X account, Hoskinson praised Ripple CEO Brad Garlinghouse, calling him a “great CEO.”
He also described Garlinghouse as “extremely collaborative.”
“I just spoke with Brad Garlinghouse. He's a great CEO and extremely collaborative. I'm excited to see what the future holds.”
While these posts by Charles Hoskinson fueled speculations that Cardano and Ripple could enter into a strategic partnership, the Ripple CEO also responded.
Thanking Hoskinson for his kind words, Garlinghouse agreed with Hoskinson’s comments, saying it was time for the crypto community to “unite” for a “level playing field” and clear regulation.
Thanks for the kind words @IOHK_Charles — now is the time for the crypto community to come together, push for a level playing field and clear rules of the road.
A rising tide lifts all boats. https://t.co/vOzXaS6mVP
— Brad Garlinghouse (@bgarlinghouse) November 12, 2024
Experts noted that with Hoskinson’s support and Garlinghouse’s call for cooperation, the potential Ripple-Cardano partnership could see both companies strengthen their market positions and support regulatory efforts.
XRP-Cardano Relationship!
As is known, there has been a long-standing disagreement between Cardano founder Hoskinson and the Ripple and XRP community. However, Hoskinson recently apologized to the XRP community and announced his intention to cooperate with Ripple.
While Hoskinson’s new support for Ripple and potential collaboration has been welcomed by some in the community, others say it’s unrealistic.
At this point, analyst Steven Nerayoff, who thinks that Hoskinson's posts and apology are not real, referred to Hoskinson's years-long hostility towards Ripple and questioned the timing of his latest support. Criticizing Hoskinson and claiming that his comments may be for political and personal gain, Nerayoff said, “Your empty apology to the XRP Community is useless.”
XRP and Cardano (ADA), which have made significant gains in the rally in recent days, have increased by 23% and 48% respectively in the last week.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nintendo expands its SNES collection with Fatal Fury 2 and two more games
Share link:In this post: Nintendo Switch Online expands its SNES Switch Online basic collection with three new games. The Japanese gaming company added Fatal Fury 2, Super Ninja Boy, and Sutte Hakkun. Gamers can also get tiered access to other prolific retro game platforms through online subscriptions.
Ripple requests an extended due date of April 16 for its brief in SEC case
Share link:In this post: Ripple asked for an April 16, 2025, deadline to file its brief in the ongoing SEC case over XRP sales. The SEC appealed a 2023 court ruling that said XRP retail sales weren’t securities, claiming the decision was flawed. Ripple’s legal team dismissed the SEC’s arguments as weak, while Better Markets backed the regulator, calling Ripple’s marketing misleading.
MicroStrategy to redeem $1.05B in 2027 convertible notes with share settlements
Share link:In this post: MicroStrategy redeems $1.05B in 2027 convertible notes, offering investors the option to convert into shares before February 20. The company recently bought $1.1B in Bitcoin, fueling speculation it may use redeemed funds for additional crypto purchases. MicroStrategy faces potential tax challenges on unrealized crypto gains under the Inflation Reduction Act, though exemptions may be possible.
MicroStrategy to redeem $1.05 billion in convertible notes amid crypto tax uncertainty
A note will be converted at a rate of 7.0234 shares of MicroStrategy’s class A common stock (MSTR) for every $1,000 of the principal amount.The move could be an attempt to mitigate the firm’s debt and to entice noteholders to convert to company equity.
Trending news
MoreCrypto prices
More
