The post Channel Breakout Could Direct A 40% Hike In TON Price appeared first on Coinpedia Fintech News As Bitcoin marks a positive day, the TON price shows a trend reversal as it signals a breakout rally. With a bounce back from a confluence of solid support, Toncoin ranks amongst the top gainers and signals an uptrend continuation this week. As broader market recovery remains questionable, will the Toncoin uptrend remain on a …
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Coinbase Resolves Outage Issue In 3 Hours; Milei Moneda ($MEDA) Investors Are In Position For Massive Gains
Coinbase recently emerged from a three-hour outage, leaving users grappling with disruptions. Meanwhile, Milei Moneda ($MEDA), a novel blend of humor, politics, and blockchain, challenges traditional crypto paradigms. Positioned as a beacon of economic freedom and resistance, it aims to become one of the top altcoins in the game. Let’s discuss these latest developments in The post Coinbase Resolves Outage Issue In 3 Hours; Milei Moneda ($MEDA) Investors Are In Position For Massive Gains appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .
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Charles Hoskinson touts Cardano Hydra and Leios for Global Financial OS
Charles Hoskinson, the founder of Cardano blockchain, has sung praises for Hydra and Leios innovation, expressing commitment to developing the blockchain in compliance with the basic principles of efficiency and less cost. The ultimate idea is to boost the global financial OS (operating system) by supporting its scalability. Cardano Hydra has drastically reduced the transaction …
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Cardano Founder Predicts Crypto As Election Game-Changer: Impact On Price
The US crypto industry is engaged in an intense battle against the White House, with tensions reaching a boiling point over the Biden administration’s relentless push for onerous regulations and crackdowns on digital assets. According to Charles Hoskinson, the founder of Cardano, this anti-crypto stance may very well cost US President Joe Biden another term in office. Related Reading: Solana Blasts Past Resistance: Buckle Up For $330 Breakout – Analyst In a scathing rebuke, Hoskinson accused the administration of harboring a “systematic effort to hurt the crypto industry,” citing numerous policy meetings, private dinners, and open letters where the community has tried in vain to foster understanding. Despite these attempts at engagement, he argues, regulators remain steadfast in their campaign against the sector. “53 million Americans, regardless of their politics and preferences, are being painted as soft criminals,” Hoskinson laments, warning that this hostile environment has already landed some of his industry peers, including Binance’s former CEO Changpeng Zhao, in jail. The Elizabeth Warren Factor Hoskinson has singled out Sen. Elizabeth Warren as the driving force behind the administration’s anti-crypto agenda, going so far as to suggest a clandestine pact between her and Biden. The Cardano founder claims that Warren, known for her staunch opposition to digital assets, was able to extend her influence into the Treasury Department, handpicking like-minded individuals who share her distaste for the industry. This perceived alliance, Hoskinson argues, has resulted in an administration that is heavily tilted against crypto, effectively labeling a significant portion of the population as “criminals.” He views this as a devastating blow, not just for the industry but for the democratic process as a whole. Crypto As The ‘Kingmaker’ Amidst his frustrations, Hoskinson offers a tantalizing prediction: the crypto industry will be the “kingmaker” in future US elections. He asserts that the current administration’s anti-crypto stance is predicated on the belief that there will be no political consequences to its actions. However, Hoskinson is convinced that the voting public will prove them wrong. Hoskinson declares, underscoring the pivotal role that the crypto industry could play in shaping the political landscape: “If this President loses his job and crypto is the decider, no Democrat running in 2028 will be anti-crypto.” The Cardano founder envisions a future where the next generation of Congress members, senators, and presidents are “crypto natives,” paving the way for a more inclusive and progressive regulatory environment. He believes that the industry’s exponential growth and increasing influence will make it a force to be reckoned with in the political arena. How This Impacts The Price Of Crypto The escalating tensions between the Biden administration and the crypto industry have had a direct impact on the broader digital asset market. Investor confidence has been shaken, leading to significant volatility and price fluctuations across major cryptocurrencies. In the wake of the crackdown and the heightened political rhetoric, Bitcoin and Ethereum have seen sharp declines, with prices dropping by over 20% in the past month alone. Related Reading: Bitcoin Boom: Price Explodes Past $67,000 As Investor Confidence Returns Smaller altcoins have fared even worse, as the uncertainty surrounding the regulatory landscape has prompted many investors to steer clear of riskier assets. Industry experts warn that this turbulence may continue until a clearer path forward emerges, either through a change in political leadership or a softening of the administration’s stance on crypto. Featured image from Sky News, chart from TradingView
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Seismic Shift At Grayscale: Michael Sonnenshein Steps Down As CEO – What’s Next?
In a significant leadership change, crypto asset management giant and spot Bitcoin exchange-traded fund (ETF) issuer Grayscale has appointed Peter Mintzberg as its new CEO, effective August 15, 2024, as Michael Sonnenshein steps down as CEO. Related Reading: Weekly Crypto Preview: The Hottest Coins For The Upcoming Days Grayscale Names Peter Mintzberg As New CEO
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UK Judge Reveals Craig Wright’s Legal Judgment, What’s Next?
Dr. Craig Steven Wright asserts that he is the enigmatic Satoshi Nakamoto, the pseudonymous creator of Bitcoin. He claims authorship of the Bitcoin White Paper, which laid the foundation for the digital currency. According to Wright, he released the first version of the Bitcoin Source Code and was instrumental in creating the Bitcoin system. He The post UK Judge Reveals Craig Wright’s Legal Judgment, What’s Next? appeared first on CoinGape .
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