In a recent interview, Charles Hoskinson, CEO of IOG, made a bold statement by calling the Bitcoin following a ‘religion’ and deemed it unsustainable. He criticized Bitcoin’s devout following, likening it to a religion, and declared that the crypto industry has outgrown its dependence on Bitcoin. According to him, the industry no longer needs Bitcoin
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Dogecoin has garnered significant attention and credibility due to Elon Musk’s public endorsement and support. The Tesla and SpaceX leader’s tweets and actions have had a positive impact on Dogecoin’s value and popularity, leading to substantial gains for investors. In contrast, Ripple lacks a similar influential figure to champion its cause, which could hinder its
In a recent analysis by crypto analyst Javon Marks, Cardano (ADA) has been identified as a cryptocurrency that is primed to make a significant move to the upside. Marks points out that ADA has shown major progress since breaking the resisting trend, indicating a potential for substantial growth. He mentioned in a social media post
One influential trader, Bluntz Capital, has recently raised concerns about the popular Solana meme coin, DogWifHat ($WIF). Bluntz believes that the current price of $3.17 could potentially see a significant crash, with the token dropping all the way down to $1. Their analysis indicates that the recent price action has been slow, overlapping, and corrective
In the ever-evolving world of meme coins, Aqua Cat on SOL has recently emerged as a unique player in the market. Unlike traditional cat-themed coins, Aqua Cat is actually a lovable sea-otter coin disguised as a cat, capturing the attention of traders worldwide. The coin experienced a monumental price surge of 33,895% overnight, showcasing the
Recently, Hong Kong’s Bitcoin ETFs faced a setback after experiencing their first cumulative daily Bitcoin outflows since their launch on April 30. The China Asset Management Bitcoin ETF saw an outflow of $4.9 million, marking a significant change in the investment landscape for these products. Despite this setback, the other Hong Kong-based ETFs did not
Ethena, a synthetic dollar protocol built on the Ethereum blockchain, has gained a lot of attention for issuing the stablecoin USDe. The goal of this asset is to provide users with a censorship-resistant and scalable digital currency that is pegged to the US dollar. With its market capitalization soaring to over $2 billion shortly after
Hong Kong regulators have recently approved spot Bitcoin and Ethereum exchange-traded fund applications, signaling a significant milestone for the city’s push to become a central hub for digital assets. The Securities and Futures Commission (SFC) granted in-principle approval for these ETF products from several companies, including China Asset Management and Harvest Global Investments. While this
As we approach the fourth Bitcoin Halving, it is essential to consider the insights provided by market analysts and traders. One such analyst, known as Lady of Crypto, has recently shared her thoughts on the current state of the market. After a thorough analysis of the market decline and the impending Bitcoin halving scheduled for
Ultimeme Fighting Championship (UFC) token experienced an incredible surge of +27,000% in a recent pump. The token, launched as part of a GameFi project, is currently priced at $0.0015, with a 24-hour change of +35,745%. The initial launch of UFC saw an impressive climb of +8,000,000% in just 1.5 hours, showcasing strong market interest. However,