What do you do if Elon Musk’s Dogecoin fandom has been hitched to the White House? If you’re an attorney representing Dogecoin investors in a class-action lawsuit that sought $258 billion in damages on market manipulation allegations, then you agree to abandon your case against the tech CEO and his electric automaker. In a Thursday filing, lawyers representing Musk and…
Month: November 2024
NY Supreme Court allows Greenidge to keep mining, but challenges remain
The state Department of Environmental Conservation botched the permitting process, but it still gets a do-over. Source: https://cointelegraph.com/news/greenidge-bitcoin-mining-ny-court-ruling?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price metrics and ‘influx’ of stablecoins to exchanges hint at rally continuation
Analysts say a “higher than normal influx of stablecoins to exchanges is just one sign that traders are preparing for the next leg of the Bitcoin rally. Source: https://cointelegraph.com/news/bitcoin-price-metrics-and-influx-of-stablecoins-to-exchanges-hint-at-rally-continuation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dogecoin investor lawsuit against Elon Musk dropped
Tesla CEO Elon Musk is often associated with Dogecoin after the businessman mentioned the memecoin on various channels in 2021. Source: https://cointelegraph.com/news/dogecoin-investor-lawsuit-against-elon-musk-dropped?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Bull Michael Saylor Expects $100K Price By Year’s End
Bitcoin preacher Michael Saylor is more bullish than ever now that the Republican party is set to retake power—and the software entrepreneur plans to have a party when the asset hits $100,000, which he expects by the end of the year. The billionaire and founder of MicroStrategy—a software firm that holds more BTC in its treasury than any other company—was…
Meme Coins Take 2024 by Storm: Sector Explodes With $93 Billion Growth
On Friday, the meme coin economy is down by 6.3% since yesterday with several of the top coins posting declines. Despite the drop, since the start of 2024, the meme coin sector has grown by $93.73 billion in value. Shocking Gains: Meme Coins Outpace Crypto Giants in 2024 Frenzy Meme coin assets have been a […] Source: https://news.bitcoin.com/meme-coins-take-2024-by-storm-sector-explodes-with-93-billion-growth/
VC Roundup: Funding falls to $2.4B in Q3 2024, early-stage startups dominate
This edition of Cointelegraph’s VC Roundup features Eidon AI, Brevis, Multiledgers and Alluvial. Source: https://cointelegraph.com/news/vc-roundup-funding-falls-2-4-b-q3-2024-early-stage-startups-dominate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BTC pulls back to $87K, Hawkish Powell, MOODENG hits $650M
BTC pulls back to $87K, Hawkish Powell, MOODENG hits $650M BTC briefly hits $87k amid ETF outflows. BTC ETFs get third highest outflow since launch. BTC miners moved $4bn BTC since Nov 12. Tump wants 0% capital gains tax on crypto. Lummis proposes selling gold to buy BTC. Pennsylvania introduces BTC reserve bill. Bhutan sold $100m BTC in last month.…
NY prosecutor suggests office will scale back crypto cases
Scott Hartman reportedly said authorities in New York’s Southern District had filed “a lot of big cases” after a crypto market downturn but suggested it was petering out. Source: https://cointelegraph.com/news/new-york-prosecutor-scale-back-crypto-cases?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Avalanche Shooter ‘Off the Grid’ Is Handing Out $3K Daily to Top Players
Crypto battle royale shooter Off the Grid has started handing out $3,000 in cash every day, split between its top 10 players across platforms. On top of this, top video game streamers are set to battle it out for a $600,000 prize pool next week in a livestreamed competition. Avalanche-based third-person shooter Off the Grid drops players into a faux…