Less than 24 hours after Ethereum (ETH) completed its transition to proof-of-stake, the crypto community is enmeshed in arguments about whether the asset can now be considered a security or not. SEC chairman statement The Wall Street Journal reported that US Securities and Exchange Commission (SEC) chairman Gary Gensler said cryptocurrencies that allow staking could … Read more
DeFi trader Vivek Raman, in a Twitter thread, has argued that Ethereum’s (ETH) anticipated Merge would not bring down the network fees as expected by many. The Ethereum Merge is one of the most powerful catalysts in crypto history, and it is quickly approaching As we reach the endgame for ETH under the proof of … Read more
In an interview with Altcoin Daily, MicroStrategy’s CEO Michael Saylor said Ethereum (ETH) is security. According to Saylor, the fact that Ethereum was first issued via an initial coin offering proves it is not a commodity. “There’s a management team. There was a pre-mine. There’s a hard fork. There are continual hard forks.” He also talked … Read more
Cryptocurrencies are multi-faceted assets with distinct use cases. They can be categorized as digital properties, digital currencies, digital platforms or digital/decentralized applications. The aforementioned compartmentalization encapsulates Michael Saylor’s “four quadrant magic.” Bitcoin, according to the MicroStrategy CEO, leads the first category. It is the “king of digital property” and an appealing “store of value.” The … Read more
The race between the king coin and the largest altcoin has been debated lately. While the top spot has been taken by Bitcoin and the chances of that changing in the near future are slim, but there have been interesting conversations on either side of the debate. Some believe that Ethereum is inching closer to … Read more
