Day: January 22, 2025

Ethereum's Looming Collapse Is A Lesson In Blockchain Integrity

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Follow Guillaume on X. In the world of decentralized networks, the battle lines are drawn not just between different blockchains but within the communities they spawn. Bitcoin, having weathered its own civil war, has emerged stronger, proving its resilience and commitment to the principles of decentralization, freedom, and Truth. Ethereum, on the other hand, is currently embroiled in internal strife, revealing a stark contrast in community ethos and leadership philosophy. Vitalik Buterin’s recent tweets concerning the Ethereum Foundation drama are a testament to this. They expose a community that seems…

Jupiter token price dips following airdrop launch

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Key Takeaways Jupiter’s JUP token dropped 6% to $0.81 after the launch of its 700 million token airdrop. Users faced slow claim processes, with Jupiter urging patience and noting that users have a three-month claim window. Share this article Jupiter’s native token JUP fell 6% to $0.81 in the past 24 hours as the platform’s latest airdrop went live. The token has declined over 33% from its recent high of $1.20. The Solana-based decentralized exchange aggregator initiated its airdrop early Wednesday, distributing 700 million JUP tokens valued at $567 million…

Goldman Sachs CEO sees Bitcoin as a speculative asset, not a threat to the US dollar

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Key Takeaways Goldman Sachs CEO David Solomon views Bitcoin as a speculative asset, not a threat to the US dollar. Goldman Sachs is exploring blockchain technology applications but faces regulatory constraints in crypto involvement. Share this article Goldman Sachs CEO David Solomon dismissed Bitcoin’s potential to challenge the US dollar’s dominance, describing it as “an interesting speculative asset.” “At the end of the day, I’m a big believer in the US dollar. I think the US dollar is super important,” Solomon said in a Wednesday interview with CNBC’s Squawk Box…

As XRP continues its upward journey investors begin expecting more consistent price action

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Share this article The cryptocurrency space has run into challenges during the second and third quarters of 2024, which dimmed the importance of some of the strides the ecosystem made during the first months of the year. While the market is clearly more robust and more resilient than it was in the past, it remains somewhat stagnant, while the corrections are still capable of causing considerable losses. The marketplace is currently governed by an overwhelmingly bullish narrative, as July saw surges of almost 40%. As a result, the general XRP…