📊Snowden calls for decentralization, criticizes VC influence on Solana 📯
Edward Snowden highlighted the importance of decentralization, sharing concerns about AI-driven surveillance and the influence of venture capitalists on blockchain.
🧑⚖️ Edward Snowden, the privacy advocate and former National Security Agency (NSA) contractor, addressed decentralization during his appearance at Near’s Redacted conference in Bangkok, Thailand.
Speaking on topics like cryptocurrencies, artificial intelligence and blockchain technology, Snowden also addressed the impact of venture capital (VC) on blockchain projects, using Solana as an example.
He described Solana as “born in prison” due to its heavy VC funding, suggesting that financial backing can impede a blockchain network’s ability to operate independently.
While he acknowledged Solana’s rapid growth, Snowden expressed concerns that too much ownership has been ceded to investors, though he noted Solana could “become something” in the future.
#Share
@cryptoopdate
Edward Snowden highlighted the importance of decentralization, sharing concerns about AI-driven surveillance and the influence of venture capitalists on blockchain.
🧑⚖️ Edward Snowden, the privacy advocate and former National Security Agency (NSA) contractor, addressed decentralization during his appearance at Near’s Redacted conference in Bangkok, Thailand.
Speaking on topics like cryptocurrencies, artificial intelligence and blockchain technology, Snowden also addressed the impact of venture capital (VC) on blockchain projects, using Solana as an example.
He described Solana as “born in prison” due to its heavy VC funding, suggesting that financial backing can impede a blockchain network’s ability to operate independently.
While he acknowledged Solana’s rapid growth, Snowden expressed concerns that too much ownership has been ceded to investors, though he noted Solana could “become something” in the future.
#Share
@cryptoopdate
❤1
☄️$80K BTC price chases gold — 5 Things to know in Bitcoin this week 🤔
Bitcoin brings the heat to risk assets as rapid new all-time highs spark widely varied BTC price targets.
BTC price surge delivers nearly $82,000 to start the week😎.
📮 Macroeconomic data releases continue to come thick and fast as United States Presidential Election fever gives way to the ongoing inflation narrative.
😭 After months of frustration, Bitcoin traders are finally seeing BTC/USD catch up with gold.
📈 BTC price gains may be impressive, but in percentage terms, there is still a long way to go before November 2024 matches historical average gains. Aww
Bitcoin traders diverge over future BTC price trend
Having nearly reached $82,000, Bitcoin is starting the week with bang as BTC price discovery takes hold.
Data from Cointelegraph Markets Pro and TradingView s hows new all-time highs of $81,888 hitting on Bitstamp after the weekly close.
#Share
@cryptoopdate
Bitcoin brings the heat to risk assets as rapid new all-time highs spark widely varied BTC price targets.
BTC price surge delivers nearly $82,000 to start the week😎.
📮 Macroeconomic data releases continue to come thick and fast as United States Presidential Election fever gives way to the ongoing inflation narrative.
😭 After months of frustration, Bitcoin traders are finally seeing BTC/USD catch up with gold.
📈 BTC price gains may be impressive, but in percentage terms, there is still a long way to go before November 2024 matches historical average gains. Aww
Bitcoin traders diverge over future BTC price trend
Having nearly reached $82,000, Bitcoin is starting the week with bang as BTC price discovery takes hold.
Data from Cointelegraph Markets Pro and TradingView s hows new all-time highs of $81,888 hitting on Bitstamp after the weekly close.
#Share
@cryptoopdate
🚨 BREAKING: FTX sues Binance and ex-CEO CZ aiming to claw back $1.8B over allegedly fraudulent transfers from Sam Bankman-Fried’s 2021 buyout…
Get in touch with the new trading strategy on 360xtrade
First 3 members to register and deposit from 1btc above this week will be entitled to earn good shares and trading rewards from the trading Track
Dm @o360xtrade for info
First 3 members to register and deposit from 1btc above this week will be entitled to earn good shares and trading rewards from the trading Track
Dm @o360xtrade for info
JUST IN: 🇺🇸 President-elect Trump to appoint pro-crypto cabinet members to fulfill his promise of making the US the "crypto capital of the planet."
@cryptoopdate
@cryptoopdate
You can now comment and discuss on any of the posts
Please don’t spam
JUST IN: 🇺🇸 Elon Musk says "all actions of the Department of Government Efficiency DOGE will be posted online for maximum transparency."
@cryptoopdate
Please don’t spam
JUST IN: 🇺🇸 Elon Musk says "all actions of the Department of Government Efficiency DOGE will be posted online for maximum transparency."
@cryptoopdate
Crypto Dad’ squashes rumor that he could replace Gensler as SEC chair
Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC chair.
Chris Giancarlo, the former United States Commodity Futures Trading Commission chair, refuted rumors that he’s in the mix to take over for Gary Gensler as head of the Securities and Exchange Commission.
“I’ve made clear that I’ve already cleaned up earlier Gary Gensler mess [at the CFTC] and don’t want to have [to] do it again,” Giancarlo, widely known as “Crypto Dad,” said in a Nov. 14.
Giancarlo was a CFTC commissioner between June 2014 and April 2019, joining a few months after Gensler left his four-and-a-half-year tenure as chair of the agency in January 2014. Giancarlo was later appointed as the CFTC’s acting chair from January to August 2017.
“Rumors that I’m interested in some crypto role [at the] US Treasury are also wrong,“ he added.
#Share
@cryptoopdate
Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC chair.
Chris Giancarlo, the former United States Commodity Futures Trading Commission chair, refuted rumors that he’s in the mix to take over for Gary Gensler as head of the Securities and Exchange Commission.
“I’ve made clear that I’ve already cleaned up earlier Gary Gensler mess [at the CFTC] and don’t want to have [to] do it again,” Giancarlo, widely known as “Crypto Dad,” said in a Nov. 14.
Giancarlo was a CFTC commissioner between June 2014 and April 2019, joining a few months after Gensler left his four-and-a-half-year tenure as chair of the agency in January 2014. Giancarlo was later appointed as the CFTC’s acting chair from January to August 2017.
“Rumors that I’m interested in some crypto role [at the] US Treasury are also wrong,“ he added.
#Share
@cryptoopdate
XRP @xrpscripts technical analysis
@xrpscripts Analysis TradingLounge.
XRP/ U.S. dollar(XRPUSD).
XRP/USD technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave III.
Direction next higher degrees: Wave III of Impulse.
Wave cancel invalid level:
Details: Five-wave rise of wave III.
XRP/ U.S. dollar(XRPUSD)Trading Strategy:
The correction in wave II seems to be over so we focus on the five-wave rally of wave III and The price action remains in an uptrend, and we are looking for a re-entry into the trend.
XRP/ U.S. dollar(XRPUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
#Share_To_Promote_Xrp_Community
@cryptoopdate
@xrpscripts Analysis TradingLounge.
XRP/ U.S. dollar(XRPUSD).
XRP/USD technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave III.
Direction next higher degrees: Wave III of Impulse.
Wave cancel invalid level:
Details: Five-wave rise of wave III.
XRP/ U.S. dollar(XRPUSD)Trading Strategy:
The correction in wave II seems to be over so we focus on the five-wave rally of wave III and The price action remains in an uptrend, and we are looking for a re-entry into the trend.
XRP/ U.S. dollar(XRPUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
#Share_To_Promote_Xrp_Community
@cryptoopdate
👀 XRP leads altcoins gains as analysts eye $1 by the end of the week
XRP surged over 16% in 24 hours, fueled by regulatory optimism following Donald Trump’s election, sparking expectations of a rally to $1.
XRP was trading at $0.8035 when writing, leading the gains among the top 100 crypto assets with a 16.6% daily increase. This extended its seven-day gains to 45.9%, reaching its highest level this year, last seen on July 20, 2023.
Why is XRP price rising?
The rally coincided with heightened speculation on social media about Gary Gensler’s potential departure as SEC Chairman. Rumors of an imminent retirement were sparked by his Nov. 14 note, where he describedhis tenure at the SEC as “a great honor” and commended his colleagues for their dedication.
As Trump prepares for his second term, members of the crypto community anticipate that he will fulfill his promise to remove the current SEC Chair on his first day in office.
#Share
@cryptoopdate
XRP surged over 16% in 24 hours, fueled by regulatory optimism following Donald Trump’s election, sparking expectations of a rally to $1.
XRP was trading at $0.8035 when writing, leading the gains among the top 100 crypto assets with a 16.6% daily increase. This extended its seven-day gains to 45.9%, reaching its highest level this year, last seen on July 20, 2023.
Why is XRP price rising?
The rally coincided with heightened speculation on social media about Gary Gensler’s potential departure as SEC Chairman. Rumors of an imminent retirement were sparked by his Nov. 14 note, where he describedhis tenure at the SEC as “a great honor” and commended his colleagues for their dedication.
As Trump prepares for his second term, members of the crypto community anticipate that he will fulfill his promise to remove the current SEC Chair on his first day in office.
#Share
@cryptoopdate