Yet another government official is waking up to Bitcoin’s significance beyond its role as an asset. Rand Paul – Republican senator and well-known libertarian – recently questioned whether “cryptocurrency” could become the world reserve currency. As Bitcoin gains traction and legitimacy around the world, this reality grows ever-more plausible. Weakening Trust in Government Money Rand Paul aired his thoughts in an interview with Axios on Friday. The senator surmised that as trust in government decreases, “cryptocurrency” could “actually become the…
Tag: Coinbase Listing
$SHIB Spikes After Coinbase Listing and Elon Musk’s Cryptic Endorsement
Shiba Inu, the China-based meme coin, spiked more than 34% Friday after trading on Coinbase. Earlier this week, Coinbase announced it supports meme coin Shiba Inu for its customers. Because of this, the trade volume of the token increased, leading to a surge in its price. SHIB is presently the 47th largest crypto globally. It has a $3.4 billion market capitalization. Bitcoin is first, while Dogecoin comes in ninth. According to Coinmarketcap, the coin’s market cap spiked from over $2.2 billion to about…
1 month ago
What Would Be The Fate Of Dogecoin After Coinbase Listing?
For Dogecoin (DOGE) holders, the times couldn't be more exciting. Buoyed by endorsements from the likes of Elon Musk and Mark Cuban, the so-called joke coin has appreciated sharply in value. And it seems that the interest it had generated isn't waning anytime soon. Coinbase, U.S's popular crypto exchange platform, has announced plans to list DOGE in the coming weeks. Accelerating Asset On-Boarding According to Coinbase's CEO Brian Armstrong, the exchange is working to accelerate its assets onboarding process. Among…
5 months ago
