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Tag Archives: social

EOS Can’t Rely on BlockOne Anymore: EOS Foundation CEO Says

Yves La Rose, the founder of the EOS Network Foundation, discussed the project’s future, its stance on the relationship between EOS and Block.one, while also outlining how it might move forward. EOS And Block.one Parting Ways? Earlier this year, Yves La Rose stepped down as the CEO of EOS Nation. Speaking today, he revealed his thoughts on the relationship between EOS and Block.one – the company that was behind the project during its record-breaking ICO. According to him, it...

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Shiba Inu (SHIB) is the 5th Most Called Smart Contract on Ethereum

It appears that investors are more interested in memes than they were ever before. SHIB’s strong price action has lured even the skeptics under its hood, and the latest data reveals impressive results. The hype around the dog-inspired cryptocurrency Shiba Inu has grown so much that it has emerged as the fifth most called smart contract on the Ethereum network. Shiba Inu’s (SHIB) Growing Appeal According to the latest data compiled on Dune Analytics, Shiba Inu has even...

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The US Government Has Released Its Stablecoin Report

Gary Gensler – chairman of the Securities and Exchange Commission (SEC) – recently revealed the US government’s completed stablecoin report. It outlines risks associated with such tokens and provides “prudential” recommendations to congress on how to address them. Stablecoins: Benefits and Risks The POTUS’ Working Group on Financial Markets (PWS) produced the report in collaboration with the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the...

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Morgan Stanley Publishes Comprehensive Cryptocurrency Guide for Wealth Management Clients

As the cryptocurrency industry progresses to mainstream adoption, investors seek to understand more about this rapidly growing industry and how they can increase their exposure to it. On Monday, Nov. 1, 2021, the American multinational investment bank Morgan Stanley published a report on cryptocurrencies for its wealth management clients. Incoming Regulations In the document, strategists at Morgan Stanley Research gave a detailed analysis of the various activities, sectors,...

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What is Floki Inu (FLOKI)? Everything You Need to Know About the Trending Memecoin

Dog-coins became one of the most bizarre yet exciting trends within the crypto market in 2021. The meteoric rise of the meme-inspired cryptocurrency, Dogecoin (DOGE), had prompted other developers to create many dog-themed coins, hoping to share in the success story of their predecessor. While many of these projects do not make it to the spotlight, some, like Shiba Inu (SHIB), took the market by storm and even outperformed DOGE on the top 10 largest cryptocurrencies by market...

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El Salvador Plans to Use Its BTC Profits to Build The First 20 Bitcoin Schools

El Salvador has announced another initiative related to bitcoin and some of the profits coming from the asset. Nearly a month after revealing that it will build a pet hospital, the crypto-friendly nation is now on its way to creating 20 BTC schools employing some of its investment gains. Bitcoin Education for The Salvadorans A recent tweet coming from the Press Secretary of the Presidency outlined El Salvador’s future plans. The governing body revealed that its bitcoin...

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Bulls Eye November: Historically The Best Month for Bitcoin Price

With a highly positive October already gone, all eyes in the cryptocurrency community are on November, which history shows has delivered the most significant gains for bitcoin. At the same time, numerous analysts expect BTC to continue breaking its own records and even tap a six-digit price by the year’s end. Another Bullish November? After September’s minor price losses, in which bitcoin dropped by 7%, the community placed a lot of faith in October (commonly referred to as...

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Singapore Has No Plans to Ban Bitcoin, Says MAS Managing Director

Ravi Menon – the head of the Monetary Authority of Singapore – sees a lot of potential in the cryptocurrency industry. As such, he vowed that the local regulator will not ban the asset class but rather implement an appropriate regulatory framework on it. The executive also raised hopes that Singapore can become one of the global leaders in the cryptocurrency space. Banning Crypto Is Not on The Agenda In a recent interview for Bloomberg, Ravi Menon – Managing Director of the...

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Edward Snowden Urges Shiba Inu (SHIB) Investors to be Cautious

The infamous whistleblower Edward Snowden opined somewhat negatively on Shiba Inu and its ability to bring fortune to its holders. According to him, the meme coin is nothing more than a “clone of dog money” that can turn to be a highly dangerous investment strategy. Do Not Mortgage The Farm to Buy SHIB In a recent tweet, the former National Security Agency consultant – Edward Snowden – became the next in line to comment on the current craze in regards to Shiba Inu (SHIB)....

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Peter Thiel: Bitcoin at $60,000 Means The Economy Is Facing Real Crisis

Peter Thiel – Co-Founder of PayPal and Palantir Technologies – believes the high price of bitcoin indicates that inflation has started shaking the financial network. He opined that investors should not rush to buy BTC when the USD value for a single token is more than $60,000. The Fed Is in a State of ‘Epistemic Closure’ The coronavirus pandemic and the catastrophic economic issues, which it brought became a reason for many governments to initiate controversial financial...

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