In Thailand, a growing number of investors are turning to astrology and divine powers to predict market movements, including in the crypto market. Astrologists and fortune tellers are gaining popularity, with some using tarot card readings and astrology to predict the price of cryptocurrencies. However, skeptics question the accuracy of these predictions, with some suggesting […]
A recurring theme in the trial of crypto mogul Bankman-Fried has been his commitment to effective altruism, a philanthropic ideology focused on maximizing impact through charitable contributions and career choices. Bankman-Fried aligned himself with others who shared this philosophy, including the head of engineering and his former girlfriend, who was also the CEO of his […]
Elon Musk and Mark Cuban are teaming up to challenge the Securities and Exchange Commission’s (SEC) practice of conducting in-house trials without juries. They argue that these administrative proceedings often lead to unfair outcomes for SEC defendants and may violate the right to a jury trial guaranteed by the Seventh Amendment. The case at the […]
Superdao, a platform that supports the development of decentralized autonomous organizations (DAO), has announced that it will be shutting down its operations due to lack of profitability. The company raised over $10 million in 2022 and helped launch more than 2,000 DAOs. CEO Yury Lifshits stated that the cryptocurrency industry is too small to sustain […]
In the world of blockchain, understanding token dynamics is crucial, especially when it comes to layered networks. Recently, the Shiba Inu community witnessed a significant token burn of 97 million SHIB on the Shibarium Layer-2 (L2) network. Shibarium is a blockchain platform built on top of Ethereum that caters to decentralized applications (dapps). This burn […]
In a significant development for the Shiba Inu community, Shib CoOp has announced the premiere SHIB token burn on Shibarium, a Metaverse real estate project. This marks a significant step forward for the Layer-2 (L2) blockchain network built on top of Ethereum. Shibarium, which launched over two months ago, is designed to host various decentralized […]
Popular crypto-related YouTube channels can provide valuable insights into retail investor sentiment and upcoming market trends, according to Delphi, a research firm. By tracking changes in viewership and subscriber numbers of these channels, investors can potentially gauge market sentiment and anticipate future trends. This approach suggests that YouTube channels can be used as a tool […]
In a recent development, prominent figures including Elon Musk and Mark Cuban have filed an amicus curiae brief challenging the US Securities and Exchange Commission (SEC). The brief questions the SEC’s use of administrative proceedings instead of jury trials, raising concerns about the constitutionality of their practices. The group argues that the SEC’s inconsistent approach […]
During a panel discussion at the Swan Pacific Bitcoin festival, industry experts debated the significance of the Bitcoin halving event on the cryptocurrency’s price. Marathon Digital CEO Fred Thiel and Swan CIO Ralph Zagury argued that liquidity, rather than the halving, is the main driver of Bitcoin’s price. They believe that the halving has little […]
Devin Walsh, the Executive Director of the Uniswap Foundation, believes that the Uniswap decentralized exchange (DEX) is becoming more decentralized. He compares its current state to that of Ethereum and acknowledges the active participation of the developer community in its success. This response comes after Antonio Juliano, the founder of dYxX, insinuated that Uniswap is […]
