Edward Snowden Says SEC Will ‘Lose’ Lawsuit Against Coinbase, Ethereum Co-Founder Thinks Metaverse Is ‘Poorly Defined’ & More: Weekly Cryptocurrency Roundup

The cryptocurrency market has experienced an eventful week. The digital currency based on memes, Dogemonetasaw a sharp increase in value before Doge Day. Bitcoin AND Ethereum they maintained their momentum despite a slight change in prices. A trader turned a minimal investment into a sizable profit with his newly launched product DawkoinAND Shiba Inu marked a strong comeback with a significant increase in burn rate.

Dogecoin pre-Doge Day rally

Dogemoneta DOGE/USD rose 40% in weekly earnings, rallying 15% in the 24 hours on Thursday. The increase in whale transactions and daily active addresses signals possible bullish momentum within the market. Read the full article here.

Ethereum Co-Founder Vitalik Buterin Thinks the Metaverse Is ‘Ill-Defined’

Ethereum ETH/USDco-founder Vitalik Buterin shed light on the misconception of the Metaverse during his appearance at the BUIDL Asia conference in Seoul. He said the current understanding of the Metaverse, as a vast virtual space with immersive experiences enabled by VR and AR, may not be entirely accurate. Read the full article here.

See also: Elon Musk reacts as Tucker Carlson says ‘I have no idea how Nancy Pelosi…stock picks are, like, very Bette’

Edward Snowden predicts the SEC will “lose badly in court” against Coinbase

informant e Bitcoin Bitcoin/USD supporter Edward Snowden he is not bothered by the United States Securities and Exchange Commission latest legal dispute with Coinbase Global Inc. Read the full article here.

A trader turns $3,000 into $215,000 with Dawkoin

A trader saw an overnight fortune with the newly launched Dawkoin, a meme cryptocurrency named after Richard Dawkins, the evolutionary biologist. The cryptocurrency’s market capitalization has skyrocketed to $15 million. Read the full article here.

The strong return of Shiba Inu

Shiba Inu SHIB/USD is making a strong comeback, with its burn rate rising 17.197% on Thursday and a surge in whale transactions. Read the full article here.

Read next: American CEO reveals secrets of meeting with Xi Jinping: Chinese president gave ‘tough answers’ on everything

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