Major memecoins are down 63% on average despite market frenzy
The top 10 memecoins are struggling as safe-launch tokens capture significant market attention and investor funds.
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‘Pathetic and Corrupt’ — Tim Draper Slams Proposed Bitcoin Ban in India
Bitcoin (BTC) proponent and Tezos investor Tim Draper hit out at the Indian government on Twitter July 16 after alleged evidence appeared it was preparing to ban cryptocurrency. Draper Appears To Mistake Draft Law For Genuine BanIn a strongly-worded message, Draper, who recently took Bitcoin advocacy to Argentina’s government, called Delhi “pathetic and corrupt.”“People behaving badly!…
Marathon is now the 2nd-largest listed holder of Bitcoin, says CEO
Bitcoin (BTC) mining company Marathon Digital Holdings is now understood to be the second-largest holder of Bitcoin in the world among publicly-listed companies.During the company’s third-quarter earnings call on Nov. 8, Marathon Digital CEO Fred Thiel revealed the company now holds 11,300 Bitcoin — worth around $205 million — “making Marathon the second largest holder…
New law grants US president power to block digital asset access
A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users.
Seven firms in Japan deploy blockchain to digitize trade paperwork
A new trade management platform in Japan prevents data tampering using blockchain technology. 551 Total views 12 Total shares According to an Oct. 26 report by Japanese news agency The Nikkei, seven Japanese companies are preparing to invest in a new trade data management system. Reportedly developed by NTT Data, the platform uses blockchain technology…
Crypto ‘full of ideas’ generated at universities — UK blockchain exec
The Centre for Blockchain Technologies deputy director Francesco Pierangeli said that regulators should review the latest academic research to help form future regulations.
$75M worth of FTX’s political donations at risk of being recalled due to bankruptcy: Report
To distance themselves from the failed exchange, some politicians have already resorted to donating funds they received from FTX to charity. 930 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTFollowing the collapse of FTX and its Nov. 11 bankruptcy filing, $73 million worth of its political donations is…
Bitcoin as a last resort? Murmurs of crypto as reserve currency abound
Reserve currency is money held by central banks or treasuries usually for international transactions. Argentina is not going to be able to purchase a Boeing 737 MAX passenger jet, for example, with its highly inflationary peso; it will have to pay with U.S. dollars, which is why Argentina keeps dollars on hand — i.e., in…
Technicals suggest Bitcoin is still far from ideal for daily payments
It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to “digital gold.” And, while that may be the dominant narrative surrounding the asset, it is worth noting that in recent years the flagship…