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…
Mark Cuban
Voyager’s Lawyers Seek Dismissal of Suit Against Mark Cuban
A recent release has unveiled new updates on the ongoing lawsuit against Stephen Ehrlich, Voyager Digital CEO and founder. The suit also extends to Dallas Mavericks Governor Mark Cuban due to his promotion of the now bankrupt crypto brokerage platform. Lawsuit Seek to Halt Suit Against Ehrlich and Cuban Over the past two weeks, both parties have engaged in a legal battle regarding their roles in Voyager’s alleged Ponzi scheme. Florida-based law firm Moskowitz filed a civil suit accusing Ehrlich…
3 years ago
Ethereum’s Utility and “The Merge” Are in Conflict: Mark Cuban
Shark Tank star Mark Cuban recently aired his thoughts on Ethereum’s upcoming “Merge” upgrade. He pointed out how Ethereum’s utility as a smart contract platform and as a deflationary asset are at odds. In an interview with Altcoin Daily on Sunday, Cuban explained that there is an inverse relationship between deflation and utilization of Ethereum. “If utilization goes up, and the value of a token goes up, then the cost to do something goes up,” he explained. “So you have…
3 years ago