Core Insights - The founder of Cardano, Charles Hoskinson, reported a loss of over $2.5 billion in the past four years, attributing the failure of the crypto market not to technology but to government involvement that disrupted the anticipated bull market [1][2]. Group 1: Market Performance - The cryptocurrency market was expected to thrive following Trump's election, but instead, it has experienced chaos, with most cryptocurrencies declining by 40-50% since he took office, indicating an unhealthy industry under current leadership [2]. - Retail investors are facing significant losses, with many down 70-80% from their entry points, leading to a reluctance to reinvest in the market [7]. Group 2: Political Impact - The launch of the Official Trump meme coin has been described as catastrophic, transforming crypto from a bipartisan issue into a partisan weapon, which could hinder meaningful legislation even if Republicans regain control of Congress [4][5]. - The strategic error in launching the meme coin under uncertain regulatory conditions is highlighted, as it could have generated more revenue if done within a proper framework, potentially attracting institutional capital [6]. Group 3: Industry Resilience - Despite facing challenges such as the FTX collapse and regulatory enforcement, the industry has shown resilience, although new problems have emerged with increased government involvement [3]. - Institutional investment in Bitcoin through ETFs and structured products has driven its price higher, but this capital has not benefited the altcoin market, which has remained stagnant [7][8].

ARKHAM X OXFORD UNIVERSITY: CONVERSATION WITH ARKHAM CEO MIGUEL3 years ago, before Trump was re-elected, our CEO Miguel said that regulation, and Government involvement in crypto, was inevitable.Now, with regulated crypto ETF products available in the US and multiple governments acquiring Bitcoin for strategic reserves, has he been proven right? Check out the full video on Arkham’s Youtube channel: ...