12 o'clock received a bullish engulfing, feeling it can still rise $BTC
【Cardano Founder Proposes to Use $100 Million ADA to Exchange for Bitcoin and Stablecoins】Cardano founder Charles Hoskinson proposed in a live broadcast to use $100 million ADA from the treasury to exchange for Bitcoin and stablecoins (USDM, USDA) to increase the proportion of stablecoins on-chain and enhance the DeFi ecosystem. He stated that this move would not impact the ADA market and refuted liquidity concerns.