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Showing posts with the label media

DOGE price prediction as Dogecoin chart makes waves on social media

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Amid a bullish move for the majority of assets in the cryptocurrency sector, Dogecoin (DOGE) is making strides as well, having increased its price by over 120% in the last month alone, and chart patterns suggest more gains for the famous doge meme crypto. As it happens, the macro long-term Dogecoin chart is making waves on social media platform X, according to the observations by pseudonymous crypto market analyst Bitcoinsensus, who is betting on the possibility of DOGE becoming the primary currency for X payments. Dogecoin price prediction 2024 Indeed, according to the Dogecoin chart shared by Cryptollica , the favorite asset of Tesla (NASDAQ: TSLA) CEO and X owner and executive chairman Elon Musk is displaying a bullish action that could see it skyrocket in the next few months, provided that history continues to repeat itself in DOGE’s case. Picks for you How much is the father of TRON worth? – Justin Sun's net worth revealed 29 mins ago AI predicts Terr...

Bankless controversy forces founders to burn tokens and separate from DAO

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The co-founders of crypto media Bankless are seeking to separate their brand from BanklessDAO some two years after the launch of DAO. Amid the ongoing controversy around cryptocurrency media Bankless and the associated decentralized autonomous organization (DAO), BanklessDAO, the founders of Bankless have suggested separating the brand from the DAO. Bankless co-founders David Hoffman and Ryan Sean Adams plan to submit a governance proposal to BanklessDAO to separate the two entities. The co-founders took to X (formerly Twitter) on Nov. 26 to announce that they also plan to burn all of their BanklessDAO (BANK) tokens on the back of this proposal. Hello CT To lead with the obvious, we could be better in accepting criticism of @BanklessHQ. I hold Bankless very dear, and I've got an innate reflex to protect it when I see it being unfairly attacked. This clouds my ability to hear what CT is trying to tell me,… pic.twitter.com/7L5ufQ1bAu — DavidHoffman.eth (@TrustlessState) Novem...

Binance CEO disputes media report of $250 million loan

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On Sept. 19, Decrypt, a media outlet, shared a report about Binance’s CEO Changpeng Zhao, mysterious money movements. According to the Decrypt report, unsealed documents revealed that Zhao extended a loan of $250 million to BAM Management U.S. Holdings. Subsequently, court documents indicate that $183 million of this loan was subsequently transferred to BAM Trading through the involvement of Paxos, a New York-based issuer of Binance USD. Allegedly wrong information Zhao has since taken to X to refute the allegation that accused him of obtaining a substantial $250 million loan from BAM Management, an entity that serves as the holding company for Binance.US. The amount of wrong information is just… They got the direction wrong. I loaned $250 million to BAM a while back, not the other way around. And have not taken it back. pic.twitter.com/encGx1u557 — CZ Binance (@cz_binance) September 20, 2023 However, in the social media update, Zhao posted a screenshot of t...