Cardano Founder Charles Hoskinson Reports Over $2.5 Billion Loss Due to Government Intervention in Crypto Market
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 12 2026
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Source: Benzinga
- Market Chaos: Hoskinson noted that since Trump's election, most cryptocurrencies have fallen by 40-50%, indicating a severely unhealthy industry under current leadership, which has significantly undermined investor confidence.
- Political Impact: He described the launch of the official Trump meme coin as catastrophic, transforming crypto from a bipartisan issue into a political weapon for Democrats in midterm campaigns, making meaningful legislation nearly impossible.
- Retail Investor Dilemma: Many retail holders are down 70-80%, expressing reluctance to speculate again due to fears of family repercussions, highlighting a drastic decline in the market's appeal to ordinary investors.
- Future Outlook: Hoskinson warned that 2025 will be a pivotal year for the crypto market, as Wall Street's complete takeover could stifle the decentralization revolution, impacting the industry's future trajectory.
Analyst Views on BTC
Wall Street analysts forecast BTC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BTC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 39.870
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Current: 39.870
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
