In a Friday op-ed, Lionel Laurent, a Bloomberg Opinion columnist, argues that MicroStrategy’s debt-for-Bitcoin strategy will not be viable in the long term. Laurent recently recalled the fact that Citron Research had disclosed a short position in the company, making its shares plunge by more than 16%. As reported by…

The market uptrend sparked by Donald Trump’s November 5 US presidential election victory has entered its third week. Increased trading activity has pushed many major cryptocurrencies to new all-time highs, while lower-cap tokens have seen sharp value spikes, delivering significant gains to traders. Crypto whales have also taken notice, increasing…

The beginning of the weekend has turned out to be bullish for most of the cryptocurrencies, according to CoinStats. ADA/USD The rate of Cardano (ADA) has rocketed by 25.69% since yesterday. On the hourly chart, the price of ADA in the middle of the local channel. As most of the…

Serial tech entrepreneur Elon Musk has taken to his official account on the X platform to comment on his recent victory in the probe into his $44 billion deal of purchasing the aforementioned platform. DOGE founder and XRP community congratulate Musk The US Supreme Court has rejected the legal team…

A venture capitalist says emerging markets, particularly India, are becoming hubs for Web3 development due to attractive funding, talent, and ecosystems. India: Go-to Place for Recruiting Web3 Companies According to Tak Lee, CEO of Hashed Emergent, the declining share of Web3 development activity in North America and Europe is being…

An analyst who became popular after accurately calling the 2022 crypto meltdown is warning that Bitcoin (BTC) may hit a local top at any moment. Pseudonymous analyst Capo tells his 102,828 subscribers on the instant messaging platform Telegram that Bitcoin may abruptly retrace and give up its recent large gains.…

Savvy commodities trader Peter L. Brandt has published an important X post to warn his followers against a scam wave that he expects to be coming soon. These scams will be not about Bitcoin but about trading in traditional financial markets, he stated. Brandt’s warning about sham prop trading to…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. SOL touched $260 for the first time ever last night, setting off a round of quasi-religious celebration and dunks on Solana bears. We have covered the narrative side of Solana’s turnaround from a massive post-FTX sell-off previously,…

Most of the coins remain in the green zone, however, there are some exceptions, according to CoinMarketCap. ETH/USD The rate of Ethereum (ETH) has fallen by 0.73% over the last day. On the hourly chart, the price of ETH is in the middle of the local channel, between the support…

Ben Armstrong, aka BitBoy, recently weighed in on the growing speculation within the XRP community about the SEC “calling an emergency settlement” in the ongoing Ripple lawsuit. This speculation coincided with the announcement that SEC Chairman Gary Gensler will resign from his position, with his resignation set to take effect…