“If major Dogecoin holders sell most of their coins, it will get my full support," he said. "Too much concentration is the only real issue imo.”
-
-
Markets Report: Bitcoin retakes all-time high as BNY Mellon embraces crypto
Bitcoin sees a boost to new all-time highs thanks to BNY Mellon, but the risk of a “parabolic breakdown” remains, warns one analyst; Cardano pushes closer to $1
Having hit upwards of $48,000 on Monday thanks to Tesla’s $1.5 billion buy-in, Bitcoin saw sellers line up closer to the psychologically significant $50,000 barrier. Thereafter ensued a consolidation period which briefly saw a return to near $43,000 in the past 24 hours.
-
Altcoins seize the spotlight: BTC takes a tumble, ETH slides
Starved of attention from its biggest backer in recent days, Dogecoin enjoyed a surge on Wednesday when Elon Musk declared he had bought DOGE for his son. But Cardano ruled the day
As bitcoin nursed a 3.5% loss and struggled to stay above $45,000, with Ether flat at $1,735, the real gains were to be seen in altcoins with a smaller market cap. Most notably, it was an impressive day for Cardano
-
More than $11M lost in yearn.finance exploit, with YFI token plummeting
The YFI governance token fell sharply from $34,700 to the low $30,000s, as the protocol’s users wonder whether they will be compensated
“Banteg”—a core developer on the DeFi protocol whose Twitter bio says they are “ahead of the curve”—confirmed that the vault ended up losing $11 million. He went on to sow confusion by saying that deposits had been disabled while an investigation took place… and later confirmed that this isn’t possible given how the ecosystem is decentralized.
