Market not catching up with movements in background
The New York State Attorney General’s (NAYG) recent legal action against Galaxy Digital over its promotional ties to the now-collapsed cryptocurrency Terra (LUNA) was unfair and an abuse of the legal system, says SkyBridge Capital and founder Anthony Scaramucci. “It’s LAWFARE, pure and simple due to an obscure but dangerously powerful New York law known…
Source: CoinDesk By Omkar Godbole Thu, 03 Apr 2025 08:05:10 +0000 U.S. recession in 2025? (Polymarket) Read full article at CoinDesk
Billionaire investor Elon Musk has sold his social media platform X to his AI startup xAI, sparking controversy as it coincides with a US judge rejecting his bid to dismiss a lawsuit tied to the social media platform. The transfer of ownership of X to xAI on March 28 means that the class-action lawsuit against…
By Cointelegraph by William Suberg Thu, 03 Apr 2025 08:55:08 +0100 Bitcoin (BTC) faces conditions similar to the 2022 bear market bottom as US business sees “very high risk” to come. In his latest analysis, Charles Edwards, the founder of quantitative Bitcoin and digital asset fund Capriole Investments, queried when the US would start printing…
Ether’s (ETH) declining appeal as an investment comes from layer-2’s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK,”…
Arthur Hayes speaks on stage during Bitcoin Conference 2023 (Photo by Jason Koerner/Getty Images for Bitcoin Magazine) Original Source: Read full article