Sam Altman-backed cryptocurrency,
Worldcoin, has been launched in the US. This coincides with
Verge, a privacy-focused cryptocurrency, aiming to stabilize above
$0.01. On another note,
Bitcoin continues to tease the crypto market with speculations of breaking
$116K, even as it hits an unprecedented milestone of
$100,000. Recent events around
Donald Trump show an intriguing turn towards embracing
cryptocurrency, with reports indicating his media company planning to invest
$2.5 billion in Bitcoin and a proposed coin dinner with buyers of his
memecoin. Cryptocurrency regulations continue to be a contentious issue, with a stated proposal by
Senate Democrats to ban presidents from endorsing or endorsing cryptocurrencies. As an added-security measure,
crypto funds seized by the government are proposed to be stored in a
'digital Fort Knox'. Meanwhile, in terms of technology, we're edging closer to enabling nodes on mobile devices and even smartwatches through
Ethereum 'Verge' upgrade.
Several
altcoins are also poised for a major rally, while others like the
Pi Network and
JasmyCoin are on the verge of explosive growth or a breakout respectively. Specific to the current state of the market, billionaire
investor Ray Dalio warned of an impending
economic heart attack and suggested a 15% allocation in gold or Bitcoin.
Verge Coin News Analytics from Tue, 06 Apr 2021 07:00:00 GMT to Fri, 22 Aug 2025 11:53:30 GMT -
Rating -2
- Innovation 2
- Information 5
- Rumor -1
