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CryptocurrencyPolygon Labs CEO Marc Boiron has expressed a negative sentiment towards layer 3 (L3) networks. Boiron claimed that these layer 3 networks pose a potential risk to the value of ETH. Since L3 networks are not required to scale current networks, Boiton has declared that Polygon Labs will not operate on the networks.See the Story
Polygon CEO Debunks Layer 3 Networks, Contends Scaling Can Be Achieved Without Them
CryptocurrencyMark Yusko, CEO of Morgan Creek Capital Management, predicts Bitcoin will reach $150,000 by 2025. Yusko cites Metcalfe's law, a network effect model, to estimate the top crypto's current fair value at $50,000. The exact trajectory hinges on a delicate balance between supply and demand.See the Story
Bitcoin Will Hit $150,000 By 2025, According To Investment Firm CEO's Crypto Crystal Ball
Cryptocurrency · LondonThe London Stock Exchange (LSE) is making a strategic move to embrace the booming crypto market. In a notice released today, the LSE announced the launch of a brand new market dedicated to Bitcoin and Ethereum exchange-traded notes (ETNs) The new market will allow companies to list ETNs that track the performance of Bitcoin and Ether.See the Story
UK Embraces Crypto: Bitcoin and Ethereum ETNs Coming to London Stock Exchange
Cryptocurrency · United StatesThe digital asset industry points to its significant financial backing and influence on elections. With sympathetic billionaires and a well-funded pro-crypto super political action committee (PAC), the industry aims to shape the political landscape in favor of cryptocurrency-friendly candidates. The lobby plans to use Katie Porter's loss as an example to pressure other vulnerable Democratic allies.See the Story
US Political Candidates Receive Ultimatum From Crypto Lobby: ‘Side With Us Or Risk Defeat At The Ballot Box’
White House · United StatesPierre Rochard, Vice President of Research at Riot Platforms (NASDAQ: RIOT), stirred the waters with his interpretation of the US government's stance on Bitcoin. Citing President Biden's 2025 budget, he suggested that the White House expects $250k by 2035. This claim has sparked a wide range of reactions within the crypto community, considering the implications it might have for the future of digital assets.See the Story
