Ripple CEO Brad Garlinghouse forecasted a major U.S. crypto boom, driven by potential regulatory shifts from a seemingly friendlier SEC. A Coinwire study exposed that 76% of crypto influencers on X have promoted defunct meme coins. Coinbase CEO Brian Armstrong endorsed Elon Musk’s Department of Government Efficiency (D.O.G.E.) initiative, despite skepticism about its bold fiscal goals. Speculation grew over crypto’s potential to create the first trillionaire. Meanwhile, Microstrategy completed a $3 billion debt offering to expand its Bitcoin holdings.
Ripple’s CEO predicts a seismic shift in U.S. cryptocurrency, citing potential reduced SEC oversight under Trump and surging.… read more.
Editor’s comment: Ripple has certainly been one of the early beneficiaries of a presumably friendlier SEC.
A Coinwire study reveals that most crypto influencers on X promote worthless meme coins, highlighting the risks… read more.
Editor’s comment: A good rule of thumb is to assume anyone on X talking about a coin is shilling their bags. For memecoins, this is an inviolate law.
Brian Armstrong has favored the future efforts of the Department of Government Efficiency (D.O.G.E.), using Musk’s and Ramaswamy’s ideas… read more.
Editor’s comment: Many critics have already dismissed D.O.G.E.’s ability to slash $2 trillion. I remember critics of Spacex similarly rejecting Musk’s impossible goals.
History has shown that great technological shifts create vast wealth. Crypto, the next frontier.… read more.
Editor’s comment: Billionaires were built on the back of the internet. Makes sense that trillionaires will be crypto-related.
Microstrategy has finalized a $3 billion convertible note offering, further bolstering its position as a leading… read more.
Editor’s comment: It’s amazing that MSTR has maintained a premium on its stock despite the alternative avenues for Bitcoin exposure.