Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Bitcoin Maximalism
Ripple CEO Blames Bitcoin Maximalists for Stifling Crypto Industry
Ripple CEO Brad Garlinghouse recently called out “tribalism” within certain crypto communities for fracturing industry representation. Narrowing in on Bitcoiners, he claimed that polarization from the community “isn’t healthy” and that “all boats can rise” within the space. Ripple’s Regulatory Troubles Garlinghouse made his comments during a CNBC-hosted chat at Paris Blockchain Week Summit last week. He clarified his belief that the entire industry can thrive and that he owns multiple cryptocurrencies including Bitcoin and Ethereum. Ripple is the company behind…
3 years ago
Vitalik Writes April Fools Post Defending Bitcoin Maximalism
Vitalik Buterin – co-founder of Ethereum – wrote an uncharacteristic blog post on his site today titled “In Defence of Bitcoin Maximalism”. The post argues why a healthy level of “toxicity” towards cryptocurrencies besides Bitcoin might be justified. However, considering the date, it’s unclear how seriously we should take the developer’s words. What Makes Bitcoin Different Vitalik’s arguments primarily address two unique aspects of Bitcoin that other crypto users often fret about. The first surrounds Bitcoin’s simplistic design choices, while…
3 years ago
Jack Dorsey Meets Michael Saylor At Bitcoin For Corporations Conference
Michael Saylor – CEO of Microstrategy – has kicked off his Bitcoin for Corporations event, presenting the benefits of Bitcoin for businesses. The first virtual keynote was delivered by Block CEO and Twitter co-founder Jack Dorsey, who has centered his business’s focus around the network. In their first direct public meeting, both billionaires discussed their fascination with Bitcoin and its revolutionary potential. They also highlighted why it's extraordinary compared to other cryptos. A Meeting Of Maximalists Saylor began his interview…
3 years ago
Jack Dorsey VS Web 3.0: Why Twitter’s Founder Is A Bitcoin Maximalist
The Twitter drama over Jack Dorsey and Web 3.0 highlights a timeless conflict bubbling under the surface of the crypto community. It's been an eventful holiday season for Twitter co-founder and Block CEO Jack Dorsey. In late November, he caught the world's attention after forfeiting the former company's leadership to CTO Parag Agrawal. Though he left no explicit details about his plans in his goodbye message, his rhetoric was a major giveaway. “I believe it's critical a company can…
3 years ago