Speaking over the weekend in a surprise AMA from Ethiopia, Cardano founder Charles Hoskinson called a viewer “another idiot” following his question about plans to burn ADA.Recently, rumors of an ADA burn have been building. But as explained by Hoskinson, token burning is a fruitless exercise that won’t achieve what burn proponents expect.Why burning Cardano won’t workIn setting … [Read more...] about Cardano founder sets the record straight over talk of an ADA burn
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Strike’s Jack Mallers sets the record straight as Fox makes case against Bitcoin in El Salvador
Jack Mallers, the CEO of Bitcoin wallet firm Strike, worked with the El Salvadorian government as an advisor on Bitcoin infrastructure.This entailed living in the country for three months to decide policy on solving “spillover” of monetary expansion and inflation of the dollar and how to deal with financial inclusion in a country where 70% of people are unbanked.But the idea of … [Read more...] about Strike’s Jack Mallers sets the record straight as Fox makes case against Bitcoin in El Salvador
Dfinity’s ‘Internet Computer’ token (ICP) launches straight into the top 10 cryptos
Dfinity Foundation, a blockchain startup that aims to revolutionize the World Wide Web by creating a decentralized “Internet Computer,” has launched its long-awaited governance token ICP—and it has already landed among the top 10 cryptos, following a day of trading carnage.The token was first launched on American crypto exchange Coinbase Pro on Monday. Since then, other major … [Read more...] about Dfinity’s ‘Internet Computer’ token (ICP) launches straight into the top 10 cryptos
Bitcoin Closes 6th Straight Green Month, Trading 30 days Above $50k
In summary:Bitcoin has had 6 consecutive green months in terms of monthly returnsBitcoin just had its best Q1 performance since 2013BTC has also traded for 30 days straight above $50kApril and May are historically known for being green months for BitcoinThe King of Crypto, Bitcoin (BTC), has just closed its sixth straight month in the green. For the last half-year, Bitcoin has … [Read more...] about Bitcoin Closes 6th Straight Green Month, Trading 30 days Above $50k
Bitcoin records sixth straight monthly green candle: What’s BTC’s price outlook?
The last time Bitcoin saw six-monthly green candles in a row was in 2013 Bitcoin (BTC) price closed March in the green to record the sixth consecutive green candle on the monthly log. It is the first time the top cryptocurrency has achieved this since a similar run in 2012—2013. The bullish streak has seen Bitcoin’s price break above $61,000, and confirmation of another monthly … [Read more...] about Bitcoin records sixth straight monthly green candle: What’s BTC’s price outlook?