Analysts debate the effect that raising the debt ceiling will have on the Bitcoin price, Visa unveils its stablecoin plan, and another hypocritical Gary Gensler video resurfaces.
Most Memorable Quotations
“It’s a critical moment here in the U.S. and, as I like to say, it’s really a moment for Congress to step up.”“I think it’s probably not a coincidence that you’re seeing all these concerns about de-dollarization at the same time they’re cracking down on crypto.”“[Blockchain] is about helping different groups of people come together to be able to trust each other more, to collaborate across larger distances on many different kinds of projects.”“The fights about mining aren’t really about mining.
After the House Republicans scarcely passed their bill to increase the U.S. debt ceiling on April 26, market analysts promptly started weighing up its. Analysts such as the chief operating officer of investment firm Onramp, Jesse Meyers, believe that raising the debt ceiling will likely prompt the Federal Reserve to print more money, thus boosting capital inflows into “risky” assets like BTC.
“When the debt ceiling is lifted and credit-contraction leads to economic crisis… They will have to print money on a massive scale,” he noted. “#Bitcoin was the winner during the last round of stimulus.”Ethereum-based decentralized finance protocol Ordinals Finance, was. The protocol enables users to lend and borrow inscriptions.
that clicked on malicious phishing websites that mimic legitimate crypto platforms. It marks a concerning trend for the crypto community, given that these dubious websites are promoted on Google search results and closely replicate real platforms.EOS was the biggest ICO in history, butDistrict 9 director’s shooter, Decentraland red-light district battle: Web3 GamerElizabeth Warren wants the police at your door in 2024— and their plan runs contrary to the principles they campaigned on.
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