KriptoKratia
Early Ethereum adviser sues law firm for $100M over crypto extortion case defense
Law firm Covington & Burling have denied allegations by Steven Nerayoff, calling his lawsuit “meritless” and vowing to “vigorously” fight it.
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Crypto ownership isn’t rising with recent market growth, Fed survey claims
Crypto ownership has not significantly risen even with the bear market over, according to the Federal Reserve Bank of Philadelphia’s Consumer Finance...
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Friend.tech token drops 26% after team shirks control of smart contracts
Friend.tech transferred control of some of its smart contracts to a null address, which can never be reversed.
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Martin Shkreli’s claim he forfeited all copies of Wu-Tang album ‘dubious,’ says PleasrDAO
PleasrDAO claims Martin Shkreli hasn’t handed over all existing copies of a one-of-one Wu-Tang album, alleging he publicly boasted about giving copies...
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Bitcoin ‘could very well catch fire’ as next generation of investors mature
Economist and podcast host Suze Orman is bullish on Bitcoin, but says ETFs are the way to go.
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Bitcoin range recovery could boost UNI, SUI, OP and HNT
Bitcoin remains below $55,724 support, but the selling may be reducing, increasing the possibility of a relief rally in UNI, SUI, OP and HNT.
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Elon Musk: ‘first Starships to Mars will launch in 2 years’
He says crewed missions will begin within 4-6 years depending on whether certain economic and technological challenges can be overcome.
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Telegram clicker game Catizen reaches 800K paying users in first 6 months
The firm claims to have 30M total users and the top revenue spot among Telegram apps.
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Bitcoin analyst sees 'biggest bull cycle' with $45K now BTC price floor
BTC price is due some "final corrections" before going on a bull run lasting at least two years, says crypto entrepreneur Michaël van de Poppe.
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Tether invests $100M in agriculture firm as stablecoin competition grows
This is Tether’s first investment in the agriculture and food sector, after investments in artificial intelligence, Bitcoin mining operations, and dig...
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Stacks’ smart contracts reach record high ahead of Nakamoto upgrade
Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and sca...
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Sonic blockchain reaches record 720ms finality in testnet phase
Sonic could become the fastest blockchain by finality if it maintains the performance on its mainnet.
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Arthur Hayes predicts Bitcoin rally after closing short position
Bitcoin could start its rally next week on a potential liquidity injection in the world’s largest economy.
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Elon Musk denies Tesla will pay xAI for AI technology partnership
The clarification comes after a news report stated Musk’s AI startup has discussed sharing its technology with Tesla and, in return, would earn revenu...
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Demand for Japanese yen stablecoins is ‘only a matter of time’ — Brad Garlinghouse
Ripple CEO Brad Garlinghouse says that Japan’s efforts on regulatory clarity have allowed “entrepreneurship and investment to really thrive.”
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CFTC submits emergency motion to block Kalshi’s election betting contracts
The CFTC asked the court to block Kalshi from offering election betting contracts until it reviews the reasoning for the denial of its order.
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Arthur Hayes’ ‘sub $50K’ Bitcoin call, Mt. Gox CEO’s new exchange, and more: Hodler’s Digest, Sept. 1 – 7
Arthur Hayes revealed he “took a cheeky short” on Bitcoin, former Mt. Gox CEO Mark Karpeles will launch a new crypto exchange: Hodler’s Digest
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Roblox will allow devs to skip Robux and charge players in fiat money
The company has also partnered with Shopify to enable physical merchandise sales from directly within Roblox experiences.
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Elon Musk’s ‘DOGE’ gov meme sends political speculation soaring
Musk previously signaled he was ready and willing to serve if Donald Trump is elected president of the United States.
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Is XRP price quietly setting up for a rally toward $1?
An inverse-head-and-shoulder pattern is developing on the XRP weekly chart, awaiting a breakout toward $1.
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Roaring Kitty returns with cryptic X post, Solana-based CHEWY memecoin soars 28%
Despite the Chewy token’s near 30% rally, Gill’s cryptic post seems to suggest that he is dropping the Chewy company, not endorsing it.
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El Salvador marks 3 years of Bitcoin adoption with $31M profit
Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.
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Why is Ethereum (ETH) price down today?
Ethereum's EOI is now negative for 2024, after ETH lost 42% of its yearly gains in the past four months.
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Sub $50K Bitcoin correction remains in play as whales look to sell BTC
Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut, but will it fall below $50,000 this weekend?
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OpenAI business users top 1M, targets premium ChatGPT subscriptions
OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models.
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US prediction market Kalshi scores ‘huge win’ against CFTC
US citizens can now reportedly use Kalshi to bet on the upcoming election through derivatives after a judge overturned the CFTC’s decision.
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Bitcoin bears base $40K prediction on ‘self induced fear’ — Samson Mow
Jan3 CEO Samson Mow reiterated that a fear-driven market “never lasts long” because fundamentals usually “win out over time.”
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Why is Bitcoin price down today?
A weak US labor market, fear of a tech bubble, and regulatory actions are factors behind Bitcoin’s recent sell-off.
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WisdomTree withdraws its Ethereum Trust S-1 registration filing
WisdomTree has requested to withdraw its S-1 filing for a spot Ether ETF with the SEC and asked to apply the fees as a credit for “future use.”
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Bitcoin traders brace for sub $52K BTC price as crypto and macroeconomic headwinds intensify
Bitcoin traders appear to be throwing in the towel and coming to terms with the reality that BTC price could fall below $50,000 in the short term.
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