Author: Donald Munn
Jed McCaleb, Ripple’s co-founder and former CTO, still holds 96 million XRP in his wallet as a result of a strategy whereby XRP is sold according to a predetermined schedule. Jed McCaleb: Ripple’s co-founder and former CTO and his balance in XRP The co-founder and former CTO of Ripple, Jed McCaleb, appears to still have 96 million XRP in his wallet, as a result of a strategy of selling XRP shares following a predetermined timetable, which will bring him to 0 XRP in less than a month. We are now officially at less then 1 month until Jed McCalebs taco…
News is currently circulating that the Bored Ape Yacht Club (BAYC)-themed restaurant, Bored and Hungry, would no longer accept cryptocurrency payments. Well, it appears that this is fake news. ApeCoin and Ethereum are still accepted at Bored and Hungry Last week, the LA Times newspaper had reported that the Long Beach fast food restaurant had stopped accepting ApeCoin and Ethereum as payment methods because of the Bear Phase market. Yet, what seems actually obvious is that this was fake news. In fact, Andy Nguyen, an entrepreneur who founded Bored and Hungry, explained on Twitter that the restaurant has always continued…
In a report published yesterday, Goldman Sachs suggested selling shares in Coinbase (COIN). Indeed, the US investment bank has changed from a “neutral” to a “sell” rating, putting the target price at $45. Of course, the reason is quickly stated: the declines in the crypto market and the consequent fact that COIN fell 5.7% trading at $59.40 in premarket trading. Moreover, in the same report, Goldman Sachs also said it was bearish on Robinhood (HOOD) shares with a target price of $9.50, even though the company’s shares rose 2.6% to $8.21. As Yahoo Finance reported, analyst Will Nance explained: “We…
The cryptocurrency broker announced that its subsidiary has issued a notice of default to hedge fund Three Arrows Capital for failure to repay a loan it made. Three Arrows Capital is in default according to Voyager LLC A few days ago the hedge fund Three Arrows Capital (3AC) lost millions of dollars due to both bad investments and the bear market. Indeed, a black period for the cryptocurrency market continues, and as a result, liquidity problems are beginning to emerge for some cryptocurrency-related companies. After the collapse of the Terra ecosystem and its stablecoin a month and a half ago,…
In Sentifi’s weekly ranking of the top 5 crypto by sentiment, Shiba Inu (SHIB) ranks fourth, with a score of 46 and an attention buzz of 16%. Sentifi’s weekly ranking of the top 5 crypto: Shiba Inu in fourth place Crypto ranking by sentiment Like every week, this latest one that ended 24 June, AI platform Sentifi revealed its crypto sentiment ranking with Shiba Inu (SHIB) taking fourth place, with a score of 46 and an attention buzz of 16%. Basically, Sentifi is a data provider that analyzes structured and unstructured data from social media, news, and blogs, and captures…
During a CNBC interview at the Squawk Box, US SEC Chairman Gary Gensler made important statements about Bitcoin being likened to commodities, and cryptocurrencies that would be like securities. These definitions are important, especially when we think that the SEC and CFTC want to regulate cryptocurrencies, and to do so they will probably start with existing laws that will extend to crypto assets as well. Cryptocurrencies as securities? According to the Chairman, cryptocurrencies are highly speculative assets, not only because of recent performance, but because of all the data accumulated by the CFTC and SEC that have been monitoring the…
The crypto regulation of Markets in Crypto Assets, commonly referred to as MiCA, has been a pipe dream for a long time and has been delayed for various reasons, but it may now be arriving at the end of June. According to a tweet posted by Patrick Hansen, venture advisor at Presight Capital and EU contributor on cryptocurrency, regulation would soon be on the way. To be precise, the deadline would be June 30, 2022. Pros and cons of MiCA crypto regulation The MiCA, the European regulation in the crypto sector, is about to arrive Regulation of an asset as…
On Sunday, a video was posted on Anonymous’ YouTube channel in which they warned Do Kwon that they were looking into him. Anonymous threatens Do Kwon in a YouTube video This is the YouTube channel of the website anewspost.com, which is the same channel where other similar videos targeting Elon Musk, Vladimir Putin, and Ken Griffin had already been posted. The channel has less than 300,000 subscribers, and has published only 8 videos. There exists another YouTube channel, called Anonymous Official, with nearly 3.7 million subscribers and hundreds of videos that do not target Do Kwon. In addition, among the…
10th May 2022 – CoinGecko, the world’s largest independent crypto data aggregator will host the second iteration of its annual conference, GeckoCon this 14th to 15th July 2022 from 9AM to 3PM EST. Throughout the two-day virtual conference, attendees can expect premium content in a series of keynotes, panel discussions and workshops featuring over 120 thought leaders across the cryptocurrency industry. The CoinGecko’s 2nd annual conference This year’s theme, “The Decentralized Future” will unite thought leaders and innovators from across the globe to bring attendees insights on the creative economy, finance, governance, business and more via a virtual event spanning…
During the Metaforum conference, which was held on 13 June, attendees were able to listen to the keynote by the famous John Crain, CEO and co-founder of one of the most important NFT platforms, SuperRare. CEO of SuperRare in Lugano at the Metaforum event The event, organized by Finlantern in collaboration with cryptodailynews24.com, was attended by more than 500 people and, given the success of the initiative, plans are already underway to organize the 2023 edition. In any case, one of the most anticipated speeches of the event was precisely that of Crain, who had come all the way from…