Friday, July 30

Doge

Bitcoin, crypto, crypto trading, Doge, Dogecoin, dogecoin price, Ether, eToro, Markets, MI Exclusive

Dogecoin trading volumes shot up 1,250% in the 2nd quarter to almost $1 billion a day as big exchanges cashed in

Dogecoin trading volumes shot up 1,250% to close to $1 billion in the second quarter, data shows. Overall global trading volumes rose 32% to $18.82 billion a day on average amid volatile markets. High volatility benefits exchanges but there are signs that the crypto crash is weighing on volumes. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. LoadingSomething is loading. ...
Billy Markus, crypto, cryptocurrency, Doge, Dogecoin, Dogecoin investors, dogecoin price, jackson palmer, Markets, Meme, MI Exclusive, twitter thread

The creator of dogecoin says he will never return to crypto and the market’s main purpose is to make its proponents richer via tax avoidance and light regulation

Yuriko Nakao/Getty Images Jackson Palmer, the co-creator of dogecoin, took to Twitter this week to shares his thoughts on crypto. He said he would not return to the space and added cryptocurrencies are an inherently right-wing, hyper-capitalistic technology. Cryptocurrencies, he said, are controlled by a powerful cartel of wealthy figures. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Jackson Palmer, the co-creator of dogecoin, blasted the cryptocurrency space on Wednesday as a right-wing, hyper-capitalistic tool, and maintained that he will never return to the industry."After years of studying it, I believe that cryptocurrency is an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a...