What to know: In a move that could only be described as “Trumpian,” DTTM Operations has filed a trademark with the USPTO, hinting at a possible foray into the world of non-fungible tokens (NFTs) and a metaverse platform. Who knew digital art could be so… presidential? The trademark application is a veritable buffet of blockchain-based … Read more
In a delightful twist of fate, the illustrious Joseph Lubin, co-founder of Ethereum and the grand poobah of Consensys, has triumphantly announced that his company and the ever-watchful US Securities and Exchange Commission (SEC) have reached a rather amicable agreement to dismiss the securities enforcement case that had been looming over the beloved MetaMask like … Read more
Ah, dear reader, this week in the grand theatre of cryptocurrency, we witnessed two rather tragicomic acts: the lamentable decline of asset prices and the SEC’s rather theatrical retreat from its enforcement “mania.” 🎭 On the first act: Bitcoin, that once-mighty titan, which had gallantly ascended from a mere $70,000 post-election, has now plummeted with … Read more
TL;DR Ali Martinez, the oracle of crypto, whispers that SHIB might find solace at a meager $0.0000094. Yet, should it soar above $0.00001461, a jubilant 230% price rally could ensue, like a phoenix from the ashes! SHIB’s Freefall Could Stop Here The realm of meme coins has been a veritable graveyard of losses, a tragicomedy … Read more
What to know: In a twist of fate, BlackRock has sprinkled a pinch of the iShares Bitcoin Trust (IBIT) into its model portfolio. A mere 1% to 2% allocation, but what a spectacle! Behold, for the first time, the grand BlackRock has graced IBIT with its presence in a model. Could this be the dawn … Read more
What to know: Bitcoin, bless its digital soul, took a little bounce Friday. The Crypto Fear & Greed Index, however, still whispers tales of the 2022 bear market 😭. Weekends are like a bad hangover for crypto. Not a good time to be holding your breath 🤢. Maybe, just maybe, the bad news is already … Read more
Story Highlights SEC drops lawsuit against Consensys, signaling regulatory shift. Joseph Lubin announces SEC’s withdrawal on X. Consensys calls case dismissal a win for crypto. It is with no small measure of astonishment that we learn the U.S. Securities and Exchange Commission (SEC) has chosen to relinquish its lawsuit against the esteemed Consensys, the very … Read more
🚨 Meme Coins: The Ultimate Get-Rich-Quick Scheme 🤑 Meme Coins: A Chekhovian Tale of SEC Sanity As I sat in my dimly lit study, sipping on a cup of lukewarm tea, I stumbled upon a most peculiar announcement from the US Securities and Exchange Commission (SEC). It appears that their Division of Corporation Finance has … Read more
What to know: Bitdeer, in a fit of optimism, bought 50 BTC at a staggering average price of $81,475. Talk about a leap of faith! As the largest cryptocurrency prepares for a month that could rival the Great Depression, Bitdeer decided to add to its bitcoin treasury. Who needs a rainy day fund when you … Read more
Well, well, well! What a week it has been, and I assure you, I’m not just tossing around hyperbole like confetti at a wedding. The cryptocurrency markets have shed nearly half a trillion dollars, and Bitcoin has plummeted below the $80,000 mark, dragging most altcoins down with it like a lead balloon at a birthday … Read more