Bitcoin News Today TheBitTimes.com

Ethereum co-founder Vitalik Buterin said low-risk DeFi could become Ethereum’s main revenue engine, replacing its reliance on ”embarrassing” meme coins, and NFTs. Such DeFi protocols can fund the network while avoiding speculative, short-lived revenue sources, bringing it back into alignment with its founding goals, Buterin said in a blog post titled, “Low-risk DeFi can be for Ethereum what search was for Google.” “It’s just not possible to say with a straight face you are excited about the ecosystem because it’s positively changing the world, if its single largest application is political memecoins,” Buterin said. “Low-risk DeFi, with a goal of enabling global permissionless access to payments and to the best savings opportunities, is a form of finance that is positively changing the world.” Ethereum co-founder Vitalik Buterin said “low-risk DeFi” could become Ethereum’s core application, similar t...

Shiba Inu (SHIB) was launched in August 2020. The project will celebrate its fifth anniversary later this year. SHIB gave incredible results right after its launch. The asset’s price skyrocketed within months of its debut. SHIB rallied by many million percent before hitting an all-time high of $0.00008616 in October 2021. The asset has struggled to regain the same momentum over the last few years. Also Read: Trump Opens Saudi Checkbook: 13 U.S. Stocks at Center of $600B Deal What Pushed Shiba Inu’s Price So High In 2021? Source: StormGain The 2021 bull run was one of the most significant market upswings for the crypto sector. Most assets hit new all-time highs in 2021. SHIB’s price also followed the market trend. Also Read: De-Dollarization: Full List of Countries Dropping the US Dollar & Key Reasons The bull run was not the only factor fueling Shiba Inu’s (SHIB) rally. Vitalik Buterin’s massive SHIB burn played a significant role in the asset’s perfo...

MicroStrategy co-founder Michael Saylor backtracked on comments about crypto self-custody after Ethereum’s Vitalik Buterin  said he’s ”batshit insane” for suggesting investors holder their crypto with ”too big to fail” banks. “I support self-custody for those willing and able, the right to self-custody for all, and freedom to choose the form of custody and custodian for individuals and institutions globally,” Saylor said in an Oct. 23 post  on X. Michael Saylor Remarks Triggered A Tsunami Of Criticism From Crypto Community Saylor’s latest comments come after he advocated that investors hold their Bitcoin with regulated entities such as BlackRock and Fidelity, saying this offers investors a safer and less volatile way for them to custody their digital asset holdings. Concerns over increased government control and centralization were exaggerated fears that mainly come from “paranoid crypto anarchists,” he sai...