In fact, it is much broader than the Musk project.

Because basically, Dogecoin has its own characteristics to be used as a transaction tool, one of them. and also as a meme coin which is the most important and trendsetter.

That's right, Doge is very special because Doge is the pioneer of all the meme coins that currently exist. Imagine that previously Dogecoin didn't have many fans until Elon Musk started giving full support to Dogecoin and made the price rise to very expensive.

Quote from: Z-tight on May 03, 2024, 05:13:21 PM

Quote from: yhiaali3 on May 03, 2024, 06:08:25 AM

I wonder if Zhao had been a poor man who had no money, would the judges have sympathized with him?

That is not the case here, a 'poor man' would not own a cryptocurrency exchange that will give him the opportunity to commit the financial crimes that CZ and Binance committed. CZ pleaded guilty, paid billions of $, cooperated with authorities and gave them all the info and data they need, and that is why the sentence was light, it has nothing to do with sympathy from the judges.

It seems that you did not realize my hint. I am hinting here at the role of money in the case (under the table). A man who has a lot of money can spend some money to gain the sympathy of officials and even judges.

Also, according to the latest news, there are negotiations with the SBF now to obtain another reduction in his prison term if he cooperates with the authorities in exposing the celebrities who promoted FTX. In addition, we saw how he spends comfortable times in prison.

As the market has dumped a lot from its peak price so far we cannot consider this market condition as a bear market.

Why it is the beginning of bear market?

A market correction occurs when a stock market index, such as the S&P/TSX Composite Index, drops by 10% or more from its previous peak. When the decline reaches 20%, it’s called a bear market. If that 20 % decline happens over a very short period, then it is a stock market crash.

When the US government has given a statement like that, it is best for those who have assets in Phoenix wallets to immediately move their assets to other wallets.

Yes, I agree, the users who currently trust and use Phoenix wallet or Wasabi wallet should move their assets to safe wallets which may not blacklist their countries even if US shutdowns another wallet that's providing similar features.

Why are they worried about non-custodial wallets so much, and why did Coinbase exchange suddenly added support for Lightning Network?

Michaël van de Poppe, founder of trading firm MNTrading, suggests that Bitcoin’s dominance may have peaked as traders begin to shift liquidity to altcoins. Crypto trader Matthew Hyland echoed this, highlighting that Bitcoin market dominance is losing major support.