Bitcoin Is Steel, Ethereum And Solana Are Balsa Wood And Clay, Warns Michael Saylor—Strategy Chair Says Leveraging ETH, SOL Could Lead To ‘Catastrophe’

Strategy Inc. (NASDAQ:MSTR) executive chairman Michael Saylor cautioned companies against leveraging Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) like Bitcoin (CRYPTO: BTC), stating that it might lead to a “catastrophe.” What Happened: In an interview with TheBlock that aired Saturday, Saylor likened Bitcoin to steel while comparing Ethereum and Solana...
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What Is Happening With Dogecoin Overnight On Monday?

Dogecoin (CRYPTO: DOGE) rebounded Monday overnight following Bitcoin’s (CRYPTO: BTC) fresh move past $88,000. What happened: The largest meme coin by market capitalization crossed $0.16, erasing losses after slipping below the level earlier this afternoon.  DOGE traded in a narrow range of $0.1629 to $0.1561 during the day, representing...
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WazirX confirms restart on track as it awaits sanction hearing in May

Indian crypto exchange WazirX, which was hacked for $234 million last July, says it is on track to restart its operations pending a May 13 court decision on its restructuring proposal and user compensation plan.  If Singapore’s High Court gives the nod, WazirX parent company Zettai PTE Ltd can...
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Bitcoin, Dogecoin Rise, Ethereum Falls As Pro-Crypto Paul Atkins Sworn In As SEC Chair: Top Analyst Declares Multi-Month BTC Downtrend Over

Bitcoin rose higher Monday as pro-cryptocurrency Paul Atkins was sworn in as the new chairman of the Securities and Exchange Commission. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) +1.18% $87,335.05 Ethereum (CRYPTO: ETH)                -2.56% $1,574.22 Dogecoin (CRYPTO: DOGE)           +0.92% $0.1595 What Happened: The apex...
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Mantra says CEO has begun the process of burning his 150M OM tokens

Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token’s value by tightening supply.  Mantra announced on April 21 that the unstaking process had begun, and...
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