Benzinga - This week in the world of cryptocurrency was nothing short of eventful. From concerns about the future of crypto in the U.S. under President Joe Biden to the potential of Dogecoin (CRYPTO: DOGE) skyrocketing due to Elon Musk‘s influence, the sector was abuzz with news. Let’s dive into the top stories that shaped the week.
Ryan Selkis Sounds Alarm on Crypto’s Future in the U.S.
Ryan Selkis, the CEO of Messari, expressed concerns about the future of cryptocurrencies in the U.S. if President Biden is reelected. Selkis’s comments come amid the IRS’s proposed regulations on digital assets. Read the full article here.
Michael Van de Poppe on Dogecoin’s Potential Surge
Crypto analyst Michael Van de Poppe predicts a significant price movement for Dogecoin if Elon Musk integrates it into his social media platform, X. The potential integration could lead to a 150% price increase for DOGE. Read the full article here.
Robert Kennedy Jr. on Backing U.S. Debt with Crypto
Presidential Candidate Robert F. Kennedy Jr. shared his views on the possibility of backing a portion of U.S. government debt with cryptocurrency, emphasizing discipline and referencing historical precedents. Read the full article here.
YouTuber’s Costly Mistake
Blockchain gaming YouTuber Ivan Bianco lost nearly $60,000 in cryptocurrency and NFTs after accidentally revealing his seed phrases during a livestream. The incident serves as a cautionary tale for crypto enthusiasts. Read the full article here.
Elon Musk’s X Expands Crypto Services
Elon Musk’s social media platform, X, formerly known as Twitter, has been granted licenses to provide cryptocurrency wallet services in several U.S. states, signaling a potential integration of Dogecoin or Shiba Inu (CRYPTO: SHIB). Read the full article here.
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