The author of the hit book "Rich Dad Poor Dad" said the BRICS is leading a movement to develop a new currency backed by gold.
Armstrong's claim predates the lawsuit filed by the SEC against his crypto business.
Titled "State of Meme Coin," the study was conducted in May 2023 and involved 1,503 investors worldwide, 73% of whom said they think investing in meme coins is gambling.
The dog-themed altcoin has surged in popularity over the past months due to the series of projects and upcoming initiatives scheduled to launch this year, especially Shibarium.
Accounting firms gained the spotlight last year when the crypto empire FTX spectacularly imploded, and several crypto exchange platforms hired accounting firms to come up with their proof-of-reserves to assure crypto investors their funds are safe.
The bill was advanced after a 13-hour markup, making it the second major piece of crypto legislation to pass the Committee this week.
"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is," Kennedy Jr. explained.
Gensler has become a prominent figure in the nascent cryptocurrency industry this year, as his agency, the SEC, has executed a series of regulatory enforcement actions that caused shockwaves in the crypto market.
The U.S. prosecutors surprisingly announced Wednesday that they were dropping the lawsuit against Bankman-Fried, citing the country's treaty obligations to The Bahamas, the country to which Bankman-Fried was extradited in December 2022.
This latest collection is the fourth installment of Reddit's popular Collectible Avatar series and is considered the biggest addition to its limited-edition NFT collection to date.
The Ethereum + Shibarium bridge serves as a scaling solution that uses the Plasma + POS platform's dual consensus architecture and is described as a ground-breaking solution that promises to deliver advancement in the Shiba Ecosystem by allowing SHIB users to enjoy secure and seamless cross-chain transactions on the Shibarium.
Both Binance and Coinbase are among the world's largest centralized cryptocurrency exchange platforms by trading volume.
It looks like there are more reasons for Dogecoin holders to HODL onto their DOGE holdings since it seems Musk is planning to integrate the meme coin into his "everything app" X, based on the discoveries of some X users.
The dip is an understatement of the heavy criticism voiced by the crypto community about the project, which utilizes hardware called Orb to scan the irises of individuals to prove they are human.
Ripple Labs' chief legal officer Stuart Alderoty said that the court's decision regarding the classification of XRP as a security could potentially impact other ongoing cases with similar themes. This includes the lawsuit filed by the financial regulator against Coinbase and Binance.
During the period leading up to the highly anticipated Bitcoin halving, the cryptocurrency maintained its position around the $30,000 threshold, displaying stability over the past 15 days and very little volatility over the last couple of weeks.
Before Musk climbed back to the top spot of the world's richest billionaires, he rolled out a rebrand, which changed the iconic blue bird to a simple X logo.
DOGE recorded a massive 353% jump in its 24-hour trading volume at $1.3 billion Monday, with an average trading price of $0.075.
On the same day of the Worldcoin launch, Buterin released a long-form essay containing his thoughts on the project's human identity verification system, including the four major risks the project poses.
While Russia is now on its way to roll out its CBDC, the U.S. Federal Reserve last week launched an instant payment service, called FedNow, which was met with skepticism that it would replace dollar with a potential CBDC.
Sam Bankman-Fried's legal team, in its response to the gag order, requested the court to extend the media gag order to include possible witnesses in the case, including the current CEO of FTX, John Ray III.
U.S. District Judge Analisa Torres ruled in favor of Ripple Labs, highlighting that approximately half of its sales of XRP, the native token of the Ripple blockchain, did not violate the country's investor-protection laws.
The memo further noted that "probably there are other things it's useful to do with a sovereign country, too," the lawsuit alleged.
"It will be two years from now before a decision is issued by the 2nd Circuit if it's appealed. The Torres Decision is the law until then - at least in the 2nd Circuit," Crypto Law founder John Deaton said.
Shiboshis, the 10,000 NFTs generated on the Shiba Inu ecosystem and recorded permanently on the Ethereum blockchain, were rolled out in October 2021.
Cryptocurrency addiction is a condition involving an obsessive urge to engage in cryptocurrency-related behaviors, which provide immediate sensory rewards, despite the consequences being harmful.
A chart analyst identified another support level, which, according to them, is at $0.98, and noted that this is the price at which whales will make their purchase. But the analyst clarified that "it is not certain if it will dip here or not, but many whales are positioned there."
Apparently, Bitcoin's presence in the source code was not a recent addition but was just retained even after Tesla suspended accepting BTC as a form of payment.
A former SEC official called Dorsey's first-tweet NFT "worthless" and said the industry is not just "the Wild West" but a "global financial post-apocalyptic Walking Dead-like anarchy."
FTX is suing Sam Bankman-Fried and several others in the disgraced crypto titan's inner circle for allegedly misappropriating company funds for their own interests, among them being loans borrowed from Alameda that the accused allegedly had no intention to pay.