Month: November 2024

El Salvador president Nayib Bukele floated the idea of a “rent your volcano to mine Bitcoin (CRYPTO: BTC)” policy in the wake of the country’s successful geothermal-powered mining venture. What Happened: On Sunday, Bukele took to X to share the success of El Salvador’s Bitcoin mining venture. He suggested...

In a livestream on November 25, Charles Hoskinson, the founder of Cardano and CEO of Input Output Global (IOG), voiced serious concerns over the Wyoming stablecoin project, highlighting what he perceives as procedural misconduct and unfair exclusion of the Cardano blockchain. Cardano Founder Speaks Out Hoskinson began by recounting...

The Dogecoin Foundation, a non-profit building open-source projects for the Dogecoin (CRYPTO: DOGE) ecosystem, reshared an X post calling for equitable treatment for community-driven projects amid speculations of President-elect Donald Trump slashing capital gains tax on U.S.-issued cryptocurrencies. What Happened: The Dogecoin Foundation shared arguments by a user called...

The integration of blockchain technology and sports gaming continues as an international football federation partnered with a well-known crypto-based gaming studio to create a new football game for mobile users. Football enthusiasts eagerly await the blockchain-powered free soccer game set to release next year. FIFA Rivals A new free-to-play...

Renowned investment adviser Gary Black questioned the valuation of MicroStrategy Incorporated (NASDAQ:MSTR), suggesting the company’s stock was significantly overpriced. What Happened: In a recent X post, Black, managing partner at The Future Fund, expressed his confusion over MicroStrategy’s stock price. He pointed out that the company’s Bitcoin holdings, worth $31.2 billion when...

Tech mogul Elon Musk was amused by Bitcoin’s (CRYPTO: BTC) sudden pullback following financial analyst Jim Cramer’s bullish take on the leading cryptocurrency. What happened: In a recent X post, Musk reacted with a laughing face and 100% emoji in response to a satirical post on the “Inverse Cramer”...

Prominent economist Claudia Sahm has criticized the newly formed Department of Government Efficiency (DOGE) and its leadership’s approach to government spending, particularly regarding their stance on the U.S. Census Bureau’s 2010 Super Bowl advertisement. What Happened: The controversy emerged after DOGE posted examples of government spending on X (formerly...

Bitcoin recovered strongly from its morning fall as cryptocurrency investors prepared for Thanksgiving. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -0.05% $97,873.88 Ethereum (CRYPTO: ETH)                -1.93% $3,349.58 Dogecoin (CRYPTO: DOGE)           -3.03% $0.4231 What Happened: The leading cryptocurrency fell below $96,000 during the afternoon, only...

Mechanism Capital’s Andrew Kang said DeSci protocols will likely change their existing models before evolving into more market-ready products....

Dogecoin, XRP, Stellar and Sandbox saw a larger liquidation share than usual as some top altcoins from the 2020-2021 cycle soared as high as 50%....