Minneapolis Fed President calls DOGE a Ponzi: Joke or Not?
The central banker, Neel Kashkari previously referred to cryptocurrencies as a “giant garbage dumpster”, this time Dogecoin is the target. Neel Kashkari, chairman of the Federal Reserve Bank of Minneapolis, attacked Dogecoin (DOGE) last week, calling the meme coin a Ponzi scheme, adding to his comments on cryptocurrencies. Kashkari’s comments are in response to a […]
Never Underestimate a Meme Coin -Coinbase Co-founder
With Dogecoin as a case study, meme coins could do well in terms of massive growth. Coinbase co-founder Fred Ehrsam said in an interview with Bloomberg TV that the Dogecoin’s story shows cryptocurrencies why it’s haste to give up a good meme that could reflect in concrete progress. After Ehrsam met Brian Armstrong on the […]
‘Bitcoin Not an ‘Investable Asset Class’, Dogecoin Ideal for ‘Speculation’- Goldman Sachs
Despite the recent show of interest in Bitcoin recently, the bank still warns its clients against investing in crypto assets. Investment bank Goldman Sachs stated in a report released earlier this week that despite recent interest in Bitcoin and Ethereum, cryptocurrency is not a “viable investment”. Many cryptocurrency fanatics believe that Bitcoin can be used […]
Ethereum co-founder, Vitalik Buterin, blasts Elon Musk’s plans to ’10x’ Dogecoin
Vitalik Buterin, the Ethereum co-founder, laid out his thoughts on the reason why scaling Dogecoin or other blockchains isn’t child’s play. To show Dogecoin ‘s full potentials, Elon Musk recently proposed increasing the block size of the controversial meme token. The Tesla boss believes doing so can improve speed and scaling to make it a real contender […]
New coin alert: Elon Musk sets eyes on creating coin
For months now, Tesla Inc. Leader Elon Musk’s tweets have been jumping and treading about cryptocurrency markets. After Musk has intensified its critique of the currency as environmental unsustainable, Bitcoin has recently had a big dent throughout its case. He said on a Thursday tweet that he is concerned about the “mass use” of coal […]