Dogecoin Defies Bear Market as Musk Twitter Speculation Fuels Rally
Defying weak broader markets, Dogecoin continues rallying over 50% from lows as speculation around Elon Musk’s Twitter plans and favor for DOGE spurs bullish momentum.
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Elon Musk Teases Potential Collaboration with Shibarium Cryptocurrency
Elon Musk, Tesla, and X owner(formerly Twitter) is rumored to be attending the Blockchain Futuristic Conference, where Shiba Inu’s Shibarium protocol will be formally introduced. Musk has indirectly promoted Shiba Inu, and the anticipated price increase following the Shibarium mainnet launch has attracted investor interest.
Starbucks Enters Web3 with New ‘Green Apron’ NFT Collection
Starbucks’ new “Green Apron” NFT collection represents the coffee giant’s latest foray into Web3 and digital collectibles that share the brand’s story.
Robert F. Kennedy Jr: Don’t Use Bitcoin’s Climate as Excuse to Limit Freedom
Robert F. Kennedy Jr. believes Bitcoin’s environmental impact should not be used as a justification to restrict people’s freedom to use cryptocurrency.
DeSantis Vows to Crush Biden’s “War on Bitcoin,” Trash CBDC
Florida Governor Ron DeSantis has joined other potential presidential candidates in voicing support for Bitcoin and opposition to a central bank digital currency.
Margot Robbie Says Bitcoin Is for “Kens” as Mattel Embraces NFTs
Margot Robbie poked fun at Bitcoin as a stereotypically masculine interest while promoting the Barbie movie, contrasting it with Mattel’s embrace of NFTs.
Expert Debunks Securities Assumptions for XRP Price Forecasts
Shannon Thorp, a Treasury Management expert, highlighted the divided opinions within the XRP community regarding price outlooks, with some relying on Bitcoin-linked charts for short-term predictions while utility-focused believers anticipate partnerships driving the price.
Crypto Enthusiasts Prepare as Litecoin Halving Approaches
Litecoin is set to have its third halving event on August 3, 2023, where the reward for miners processing transactions will be cut in half from 25 to 12.5 coins per block.
Japan Blockchain Association Pushes for Crypto Tax Reform to Boost Economic Growth
The Japan Blockchain Association (JBA) has urged the government to reform the tax system to account for cryptocurrencies, citing that the current structure is hindering the growth of web3 businesses in Japan; specifically, they are calling for the elimination of taxes on cryptocurrency earnings and a flat 20% tax on personal transactions.
Coinbase Reveals SEC ordered Suspension on All Cryptos, Except Bitcoin
The CEO of Coinbase, Brian Armstrong, revealed in an interview with the Financial Times that the U.S. Securities and Exchange Commission (SEC) had previously ordered the exchange to suspend all cryptocurrencies except for Bitcoin, nearly 250 tokens, before filing a lawsuit against the exchange.