The legal battle between Tesla CEO Elon Musk and a group of Dogecoin investors intensifies with accusations of harassment and questionable tactics. Evan Spencer, lead counsel for the class action against Musk, files a brief in a New York federal court, accusing the billionaire's legal team of conducting an “illegal harassment campaign”. The situation is becoming increasingly tense in this ongoing case.
The social network Twitter has been abuzz since Musk made a rather daring proposal to Zuckerberg. The Twitter boss has been determined to take jabs at his rival since the launch of Threads. Elon Musk's comments have, however, had an impact on the price of his favorite memecoin. Dogecoin (DOGE) saw a gradual drop at the start of the day.
Canadian pop star Justin Bieber acquired a Bored Ape last January for approximately $1.31 million. A substantial investment, which has made this NFT collection the major crypto attraction for celebrities, influencers and art lovers alike.
The SEC boss is extremely controversial among members of the crypto community. In fact, they are eager to see him go, whatever it takes. For the time being, they'll have to be content with seeing him remain in his position, and potentially continue to crack down on them.
In the eyes of Vitalik Buterin, staking all of his ETH would be a mistake. That's why he only stakes a tiny portion of his holdings. A choice that has actually shocked the crypto community.
If Elon Musk continues with his unilateral, often controversial decisions, he may have to face more than just Mark Zuckerberg in the ring. CZ, who has been up in arms about his decision to limit the number of tweets users can access, wouldn't be afraid to face him either.
Jeremy Allaire, CEO of Circle, the company in charge of issuing the USDC predicts increased demand for various digital assets. These include Dogecoin, Bitcoin, Ethereum and Cardano. He points out that demand will mainly come from emerging markets, of which Hong Kong and China are central. It's worth remembering that despite some occasional rises, the cryptocurrency market in general is in decline.
All the ingredients for a 2008-style recession are there, says American investor Jim Rogers. But if their peculiarities are anything to go by, the worst is yet to come.
On Documenting Bitcoin's Twitter profile, there's a video of BlackRock CEO Larry Fink explaining that “Bitcoin has caught the attention and imagination of many people. They're fascinated and excited.” As a reminder, BlackRock is the world's largest asset manager.
Elon Musk, the CEO of Tesla and SpaceX, has denied allegations that he holds a Dogecoin portfolio linked to insider trading. The ongoing class-action lawsuit accuses Musk of being involved in a racketeering scheme to support Dogecoin. The plaintiffs are seeking $260 billion in damages. According to court documents, two wallets associated with Musk sold 1.4 billion Dogecoins, worth over $124 million, over a two-day period in April.
Crypto billionaire Cameron Winklevoss has warned that the ongoing crypto war orchestrated by Senator Elizabeth Warren and SEC Chairman Gary Gensler could harm the Democratic Party. He was followed by his twin brother, Tyler Winklevoss, who is more specific and predicts a Democratic defeat in the 2024 presidential elections if this war continues.
In a recent series of tweets, long-time Bitcoin (BTC) advocate and Twitter founder Jack Dorsey ignited a heated controversy. According to him, Ethereum (ETH) is a security. This statement quickly prompted passionate reactions from crypto experts, exposing the ongoing debates surrounding the classification of ETH and existing regulations.
The crypto community is in a frenzy. Indeed, several experts, including Ripple CEO Brad Garlinghouse, believe that the Ripple vs. SEC trial in the United States could wrap up this month. Ripple holders are eagerly hoping for this outcome.
According to Brian Armstrong, CEO of Coinbase, China could benefit from the restrictive laws imposed by the United States on the cryptocurrency industry. “The United States and other democratic nations are facing digital systems promoted by an ambitious adversary, China,” he said.
Elon Musk, the renowned technologist and futurist, predicts that the dollar will soon be worth next to nothing.
Launched only in 2020, Solana is one of those layer 1 blockchains that already enjoys a certain level of recognition in the crypto market. In an interview, its co-founder even goes as far as declaring that Solana has the potential to be the Apple of crypto.
During the Bitcoin 2023 conference in Miami, Michael Saylor, Executive Chairman and Co-founder of MicroStrategy, shared his thoughts on the superiority of Bitcoin. He also took the opportunity to express his views on crypto regulation in the United States, questioning whether the uncertainty and regulatory ambiguity are deliberate.
Many believed Elon Musk was a big fan of cryptocurrency and the famous memecoin Dogecoin (DOGE). However, the Tesla CEO challenged this belief at a recent summit. The event in question was the Wall Street Journal's CEO Council Summit held in London. During his address, Elon Musk, who wields significant influence over the market, issued a warning to crypto investors. Here's what happened.
Many people are currently betting on Bitcoin to cope with the ongoing financial crisis that has been plaguing us for several months now. However, Mike McGlone, Bloomberg's macro strategist analyst, wanted to warn them: the price of Bitcoin (BTC) may experience an exponential drop in the coming months.
During the second edition of the Avalanche Summit in Barcelona from May 3rd to 5th, the Cointribune team had the opportunity to meet and exclusively interview Emin Gün Sirer. He is a former professor at the prestigious Cornell University in the United States and CEO founder of Ava Labs.
Despite the ongoing global economic crisis, the cryptocurrency space continues to grow. Evidence of this can be seen in the number of countries that have already adopted cryptocurrency. However, there are still others who remain skeptical about promoting investment in Bitcoin. Such as Ireland. According to the governor of the Central Bank of Ireland, Bitcoin is a Ponzi scheme.
In March, Srinivasan made a bold prediction that Bitcoin would skyrocket due to the bankruptcy of banks and inflation. According to him, the price of BTC could reach $1 million. Despite the changing economic landscape in the United States, Balaji Srinivasan is sticking to his Bitcoin prediction.
Should we unplug Netflix instead, or Bitcoin? The question may seem absurd. Yet the question of the social utility of BTC is often at the heart of criticism. But with the same power consumption, is Netflix really more socially useful than Bitcoin?
Raoul Pal, the founder of Real Vision, a financial on-demand platform that helps its members understand the world of finance, business, and the global economy through expert analysis, has made a bold prediction in the crypto market. Pal, a former executive at Goldman Sachs, is known for his market cycle in crypto, and his latest statement is surprising many.
The Ethereum update is a highly anticipated event within the community. In particular, it will spawn the unlocking of crypto staking, which Chris Burniske believes could boost ETH's growth. The crypto analyst explains his point of view.
Despite the bear market, the price of bitcoin has risen significantly since the beginning of the year. It is currently trading at $28,400. This exponential growth can be explained in particular by the banking crisis, leading to a loss of investor confidence in the traditional financial system. According to a professional trader, this rise will unfortunately not last. “Before another crypto rally, the value of Bitcoin should drop to $13,000,” he said in his crypto prediction.
Benjamin Cowen says that BTC is going to see a big move in 2023 that will scare a lot of people. He predicts that Bitcoin is going to drop in price later this year and induce panic selling. Why Benjamin Cowen predicts a BTC crash in 2023 Benjamin Cowen, founder…
Crypto banks may compete with "old-timer" institutions but traditional financial establishments will hinder the emergence of a new industry.