‘Being this wrong should be illegal’ — Crypto pundits slam Fed’s Kashkari

October 22, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Minneapolis Federal Reserve President Neel Kashkari said crypto is “almost never” used outside of drugs and criminal activity — but evidence points to the contrary.

The rally in cryptocurrency markets started in early January with a spike in heavily-shorted altcoins and Ethereum (ETH) liquid staking derivative (LSD) tokens due to the upcoming network upgrade in March. Soon gains started to show across the board as buyers started to play catch up. The improving macroeconomic conditions, such as reduced inflation and a…

Ethereum trader earns $16M as ETH price falls to $3K

Some cryptocurrency traders are profiting millions from Ether’s six-week downtrend despite the heightened risks of leveraged trading.

Blockchain may solve Twitter and Facebook’s moderation issues says Aragon exec

Would decentralized governance save social media platforms from polarizing its users with its politics? 217 Total views 6 Total shares Aragon co-founder Luis Cuende told Cointelegraph that the decentralized technology his company has been developing could find its perfect use case on social media platforms like Facebook and Twitter. In recent months, content moderation practices employed…

PundiX (NPXS) surges 130% in two days: What’s driving the rally?

NPXS, the native token of PundiX, a cryptocurrency point of sale (PoS) solution provider, has seen a massive surge in price over the past 48 hours.In merely two days, the price of NPXS rose by more than 130% on Binance, outperforming most major cryptocurrencies on the exchange.There are three key reasons behind the rally: the…

YFI, HXRO and AR post gains even as Bitcoin price dips to $45.5K

Bitcoin (BTC) bulls took another beating on Dec. 17 as a midday onslaught dropped the price to $45,500. The price did manage a quick bounce back to $47,000 but sweeping a new daily low could be a sign that additional downside is in store.Amid the wider market downturn, several altcoins provided weary traders with a…

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Enron relaunch headed by pranksters hints at offering crypto token

Enron is back from the dead 23 years after its massive fraud put into bankruptcy, with the pranksters who have seemingly taken over the brand hinting at launching a token.

NFL quarterback Tom Brady hints at owning Bitcoin

The GOAT's Twitter profile picture now shows him with laser eyes. 3521 Total views 18 Total shares Tampa Bay Buccaneers quarterback Tom Brady, arguably one of the most talented American football players of all time, has hinted that he’s a Bitcoiner.On Monday, Brady changed his Twitter profile picture to one with laser eyes, potentially implying…

Tron’s stablecoin USDD loses dollar peg on suspected selloff by Alameda Research

In April 2022, the Tron network launched USDD, a token pegged to the U.S. dollar, as an "over-collateralized stablecoin," meaning its likelihood of slipping below $1 should be lower due to excessive reserves backing its valuation.USDD stablecoin slips below $1 pegBut it was not enough to keep USDD's price anchored to $1 on Nov. 8 when…

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