Month: March 2024

MAGA Coin, a cryptocurrency themed around Donald Trump, has emerged as a significant player in the crypto market. With an astonishing surge of nearly 400% in the past month, as per CoinGecko data, and a market capitalization surpassing $285 million, this meme coin is poised to rival renowned canine-inspired tokens like Dogecoin (DOGE) and Shiba…

summary Presidential hopeful Robert F. Kennedy praises Bitcoin as the cornerstone of financial autonomy. He advocates for decentralization. Kennedy opposes Central Bank Digital Currencies (CBDCs). In a recent insightful conversation, presidential aspirant Robert F. Kennedy Jr. delved into Bitcoin’s significant role in the worldwide financial sphere. During a compelling interview with CNBC, Kennedy, a respected…

In early March 2024, the realm of meme coins, a frequently contentious segment of the cryptocurrency market, witnesses a notable surge. Spearheaded by the unforeseen ascent of Dogwifhat (WIF), numerous meme coins observe a dramatic increase in their market capitalization, drawing considerable attention from investors. The Meteoric Rise of Dogwifhat (WIF): Unveiling the Power and…

The prevailing sentiment among the majority of attendees at ETH Denver, one of the largest Ethereum conferences, is bullishness permeating the crypto market. Even Joe Lubin, Ethereum’s co-founder and CEO of Consensys, shares this positive perspective, stating that the market’s best days are yet to come. During a discussion moderated by Axios reporter Crystal Kim…

In a recent appearance at ETH Denver, US Securities and Exchange Commissioner Hester Peirce reiterated her dissatisfaction with her agency’s handling of cryptocurrencies. Peirce expressed frustration with the SEC’s reliance on enforcement actions for regulation and criticized the sluggish approval process for spot Bitcoin exchange-traded funds (ETFs). During a discussion with CNBC’s MacKenzie Sigalos, Peirce…

quick take Bitcoin’s price soared by 45% in February, surpassing the $60,000 mark for the first time since November 2021 and approaching its all-time high. Grayscale analysts warn that rapid inflation and the possibility of continued high interest rates set by the U.S. Federal Reserve might impede further increases in cryptocurrency valuations. Despite acknowledging potential…

summary The Texas Blockchain Council achieved a significant victory over the Biden administration in supporting Bitcoin miners, marking a pivotal moment in the dialogue between government and the cryptocurrency sector. Their advocacy efforts, representing the interests of Texas’s blockchain community, led to favorable outcomes amidst concerns over Bitcoin mining’s environmental impact. This win underscores the…

The Wall Street Journal is currently embroiled in a defamation lawsuit regarding an article that allegedly falsely implicated a Thai-based aviation fuel broker and his company in illicit activities associated with stablecoin issuer Tether and cryptocurrency exchange Bitfinex. Christopher Harborne, the proprietor of AML Global Ltd., initiated the lawsuit in a Delaware state court on…

summary As of March 1, Ripple has secured 800 million XRP in its escrow accounts, marking a notable departure from its typical escrow practices. At the beginning of the month, only 500 million XRP was unlocked, demonstrating an adjustment in the quantity of XRP held in escrow to maintain market liquidity. Transactions were conducted in…