As the weekend comes to a close, the world of cryptocurrencies is anything but calm. From Edward Snowden’s criticism to that of JP Morgan CEO to the fluctuating market performance of the major cryptocurrencies, there is a lot to catch up on. Let’s dive into some of the most intriguing stories of the past few days.
Edward Snowden Targets JPMorgan CEO Over Bitcoin Stance
Former National Security Agency contractor, Edward Snowdensparked a conversation with his comments on JPMorgan Chase & Co CEO, Jamie Dimon. Snowden took to social media to express his thoughts on Dimon’s stance on Bitcoin as the cryptocurrency continues to reach unprecedented levels. Read the full article here.
Cryptocurrency Market Responds to Inflation Data
Major cryptocurrencies had a mixed trading day on Thursday. With new macro data and uncertain movements of whales, there is uncertainty about the future of the leading cryptocurrency and the market in general. This follows a 0.6% rise in the producer price index last month, which led traders to speculate about the Federal Reserve’s potential reluctance to cut interest rates in May. Read the full article here.
See also: ‘Dogecoin To The Moon’ – Elon Musk Just Broke His Long Silence On DOGE And Whether Tesla Will Accept The Good
Fights for Dogecoin and Shiba Inu in the meme coin boom
Despite notable gains in recent months, Dogecoin and Shiba Inu are struggling to keep pace with other meme coins. A significant decrease in addresses of long-term Shiba Inu keepers and a recent drop in prices have contributed to this trend. Read the full article here.
Elon Musk Breaks Silence on Dogecoin and Tesla
Elon Muskthe CEO of Tesla Inc. TSLA and SpaceX, during an event in Berlin hinted at the possible acceptance of Dogecoin as payment for Tesla vehicles. Musk’s comments reignited discussions about the future of cryptocurrency. Read the full article here.
Toshi outperforms other meme coins
Toshi, Coinbase’s meme cat, made waves with a 39.3% gain in 24 hours on Thursday. This significant increase has left other trending memecoins in the dust and led to discussions about the coin’s current undervaluation. Read the full article here.
Read next: Why Can’t Dogecoin and Shiba Inu Keep Up with Other Meme Coins?
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