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BlackRock's new Bitcoin advertisement has sparked backlash among Bitcoin enthusiasts due to a disclaimer suggesting the potential for changes to Bitcoin's fixed supply of 21 million tokens. Critics, including prominent figures in the crypto community, argue that such statements undermine the cryptocurrency's core principles and express concerns over traditional finance's influence on Bitcoin. Despite the uproar, experts note that any change to the supply cap would require broad consensus among Bitcoin miners, which is deemed unlikely.
Dogecoin's price has stabilized around $0.40, with analysts predicting it could reach $0.75 by January 2025, driven by strong whale accumulation and historical trends. Following a 480% bounce since August, the current market pattern resembles the pre-2021 rally setup. Meanwhile, community members have dismissed claims of a network attack, emphasizing the resilience of Dogecoin's decentralized design.
Andreas Kohl claimed to have exploited a vulnerability called "DogeReaper" to crash 69% of Dogecoin nodes, but community members disputed this, asserting the network remained operational and the vulnerability had been fixed weeks prior. Data cited by Kohl was deemed unreliable, with experts noting that even a significant disruption would not impact the network's consensus. Despite the claims, Dogecoin's price showed resilience, trading around $0.40, with increased whale activity observed.
VanEck has launched the VanEck Pyth ETN in Europe, tracking the performance of the Pyth Network’s governance token, PYTH. Available on Euronext Amsterdam and Paris, it will be accessible to investors in 15 European countries and is fully collateralized with physical PYTH tokens held by Bank Frick. The ETN aims to align with the MarketVector Pyth Network VWAP Close Index, highlighting the growing importance of oracle networks in decentralized finance.
Peter Todd, recently identified in an HBO documentary as the creator of Bitcoin, has vehemently denied being Satoshi Nakamoto, claiming the accusation was a marketing ploy. Following the film's release, Todd has gone into hiding, facing a barrage of inquiries and speculation about his alleged identity. Meanwhile, the search for Bitcoin's creator continues to attract various theories and individuals, with no definitive proof emerging.
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blackrock's bitcoin ad sparks backlash over supply cap disclaimer
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USA
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Euronext N.V.
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