Karam Lakshman, CEO of Wifi Dabba, asserts that a country like India, which is the world’s fifth-largest economy, needs enhanced connectivity and innovation. He suggests that Decentralized Physical Infrastructure Networks could be the solution for the country, which currently trails other major economies in fixed broadband connectivity. Using Blockchain to Establish Transparent Networks Lakshman supports […] Source CryptoX Portal
Day: April 23, 2024
First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return
The latest price moves in bitcoin (BTC) and crypto markets in context for April 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Akash Network’s AKT Token Surges 50% on South Korea Upbit Listing
Akash Network fits into the wider ‘DePIN’ narrative, which has had substantial interest from venture capitalists recently. Anand Iyer, founder of Canonical Crypto, an early stage VC, told CoinDesk it is seeing the true utility of decentralized hardware come to life as the computing needs for AI surge. Source
Akash (AKT) Leads Crypto Top 100 With 46% Rise: Here’s Why
Amidst a rather quiet altcoin market, Akash Network (AKT) has emerged as today’s standout performer among the top 100 cryptocurrencies by market capitalization, recording a significant 46% increase in price over the past 24 hours. This surge has propelled AKT to the forefront, well ahead of its peers such as Core (CORE) and Arweave (AR), which posted gains of 7% and 6%, respectively. As of this writing, AKT is trading at $6.03. This increase in price has pushed its market cap to approximately $1.4 billion, positioning it as the 68th-largest…
How To Become A Crypto Millionaire With Dogecoin (DOGE), ETFSwap (ETFS), And Ondo Finance (ONDO) – Blockchain News, Opinion, TV and Jobs
Dogecoin (DOGE), ETFSwap (ETFS), and Ondo Finance (ONDO) have been touted as three tokens that could make crypto investors millions of dollars in this bull run. Dogecoin (DOGE), on its part, has a proven track record since it made many crypto millionaires in the last bull run. Meanwhile, as relative newcomers, ETFSwap (ETFS) and Ondo Finance (ONDO) have shown enough bullish momentum to convince investors they are the future of the crypto market. Besides, the infrastructure that they provide in the crypto industry is second to none. Expect More Dogecoin…
Who Is Shai Davidai? The Columbia Professor Protesting Protesters
Israel’s war in Gaza has roiled college campuses across America, as students have set up encampments and rallied against Israel’s military campaign in Gaza, sparking free speech debates and creating sharp divisions with members of government, alumni, donors, other students, and some faculty amid accusations of antisemitism. Emerging as one of the most prominent and controversial figureheads of the opposition to pro-Palestinian protesters is Columbia Business School assistant professor Shai Davidai, who is Jewish and Israeli American and has recently found himself barred from parts of Columbia’s New York campus…
Janet Yellen’s ‘Buy Bitcoin’ note hits $140k in online auction
A “Buy Bitcoin” note, previously shown behind former Federal Reserve Chair Janet Yellen, is now drawing bids at $140,000 in an online auction. A legal pad bearing the phrase “Buy Bitcoin” is attracting bids nearing $140,000 in an online auction, gaining attention after being displayed behind former Federal Reserve Chair Janet Yellen during Congressional testimony nearly seven years ago. Made by Christian Langalis, then a 22-year-old intern at the Cato Institute and a Bitcoin enthusiast, the written message sparked both controversy and admiration. Original “Buy Bitcoin” sign | Source: Scarce…
Bitcoin’s post-halving behavior: trends and analysis
Will Bitcoin’s price rally in the aftermath of the halving, or are there factors that could potentially impede its upward momentum? The much-anticipated event, the fourth Bitcoin (BTC) halving, has finally taken place, marking a new milestone in BTC’s journey. A halving event occurs approximately every four years, resulting in a 50% reduction in the number of Bitcoins awarded to miners for validating transactions. With this recent halving, the reward has reduced from 6.25 BTC to 3.125 BTC per block. Following this latest halving, Bitcoin is trading relatively flat. As…
Bitcoin’s (BTC) 200-Day Average Is Approaching a Record High; Here’s Why It Matters
Now, the average, a crucial barometer of long-term trends, is also rising fast in a sign of strong bullish momentum and appears set to surpass its previous peak of $49,452 in February 2022. At press time, bitcoin traded at $66,200, with the 200-day average at $47,909. Original
Is The Lawsuit Finally Coming To An End With A Settlement?
The legal battle between Ripple and the Securities and Exchange Commission (SEC) is getting heated and, following recent developments, looks far from over. This is due to the disagreement between both parties on the appropriate remedy for Ripple’s violation of securities laws. Ripple Proposes $10 Million Fine Instead In opposition to the SEC’s motion for remedies and entry of final judgment, Ripple has proposed that the court should not impose a civil penalty of not more than $10 million. This figure represents a far cry from the SEC’s proposed judgment.…