Two experts have explained that the global debate on the future of dollar dominance misses the point because it doesn’t focus on how the dollar’s future will evolve. They warned: “If the U.S. doesn’t keep its house in better order, dollar dominance will be the least of our worries.” Experts Discuss US Dollar’s Dominance Steven […] Source CryptoX Portal
Plus: Which cat-themed meme coin will hit $1 billion first? Source
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A viral video from the Mollars project founder raises critical questions about Bitcoin’s financial ethics and Satoshi Nakamoto, sparking widespread discussions. In the midst of the wild fluctuations and dramatic developments in the crypto market today, a new animated video has gone viral, capturing the attention of both enthusiasts and investors. The video, released by the founder of the Mollars project, has sparked widespread discussion over the 1 million…
Over the weekend, the conversation about the ETH Gate theories started again after the news of the Consensys lawsuit against the US Securities and Exchange Commission (SEC). The discussion intensified following the Ripple CTO David Schwartz and Cardano Founder Charles Hoskinson’s debate on X. Is There A Double Standard For Ethereum? On Thursday, crypto firm Consensys sued the US SEC, accusing the regulator of “unlawful seizure of authority” over Ethereum. Following the news, an online conversation sparked regarding the SEC’s alleged favoring of the second-largest cryptocurrency by market capitalization. X…
The U.S. Securities and Exchange Commission (SEC) has leveled charges against Shapeshift AG, accusing the company of operating without proper registration. This case has ignited a broader conversation on the regulatory framework for crypto assets, with SEC Commissioners Hester Peirce and Mark Uyeda voicing their dissent and concerns about the SEC’s current approach toward crypto […] Source CryptoX Portal
Are we witnessing a seismic shift in the crypto market as Ethereum inches closer to Bitcoin in market cap? Bitcoin (BTC) and Ethereum (ETH) represent the twin pillars of the crypto market, collectively commanding nearly 70% of its total market cap. Over time, Bitcoin evolved from a novel concept to a global financial asset, gaining traction among institutions. As of Feb. 26, BTC’s market cap is valued at over $1 trillion. Companies like MicroStrategy and Tesla have amassed significant Bitcoin holdings, solidifying its popularity. Moreover, the recent approval of spot…
“If it did grow to consume significant energy, I think it would still be less wasteful than the labour and resource intensive conventional banking activity it would replace,” Satoshi wrote. “The cost would be an order of magnitude less than the billions in banking fees that pay for all those brick-and-mortar buildings, skyscrapers, and junk mail credit card offers.” Original
Comments on Lightning Network adoption, made by Russell Okung, a former NFL star who is among the first to receive part of his salary in crypto, sparked a discussion that highlighted the opposing opinions of the crypto community about the usage of bitcoin and stablecoins in emerging markets. Russell Okung Ignites Discussion on Bitcoin vs. […] Original
During the 2024 presidential race, the discussion on a U.S. CBDC becomes more intense. Candidates’ contrasting views mirror wider concerns about privacy and government control. As of Jan. 2024, the situation regarding central bank digital currencies (CBDCs) in the U.S. is characterized by caution and gradual progression, especially when compared to the advancements made by other countries. Currently, 11 countries have fully implemented digital currencies, while China, India, and several other countries are in the pilot phase. Source: Atlantic Council In the U.S., the development of a retail CBDC (direct-to-consumer)…
The crypto community is currently embroiled in a debate over the right for Ripple to sell XRP tokens, sparked by a recent exchange between XRP advocate Bill Morgan and a crypto analyst known as “Darkhorse” on social media platform X. This discussion delves into the legal complexities and market implications of Ripple’s actions concerning XRP sales. There is nothing that prevents Ripple selling its XRP. Anyone can sell an asset it owns. The issue is whether in the US it needs to register its sales and offers of XRP with…