April 29, 2023

Some folks are wise and some are otherwise.

-Tobias Smollett

Bitget's researchers conducted a survey in 26 countries, gathering responses from a total of 255,000 individuals from four distinct age groups: Millennials, Gen Xers, Gen Z, and Baby Boomers. The survey was conducted in countries such as the United States, Nigeria, China, Indonesia, and Japan. The survey aimed to gain insight into the attitudes and behaviors of people from different age groups in different countries. The results of the survey will be used to inform decisions and strategies related to the cryptocurrency market.

Source: bitcoinist

David Maisel, the founder of Marvel Studios and Mythos Studios, recently spoke at the Consensus 2023 festival, comparing the early days of Marvel Studios to the early days of Web3. Maisel noted that both had the same "seed" of independence from Hollywood's main production houses, and that he was excited to see what the future of Web3 would bring. Maisel recently launched Mythos Studios, which minted the Ekos Genesis Art Collection earlier this year.

Source: btcethereum

Genesis, a crypto lender platform, has agreed to enter a 30-day mediation process with its unsecured creditors in order to restructure its debt. The proposed restructuring agreement had faced opposition from the creditors' committee, so the mediation process was proposed as a way to address this. Sean O'Neal, an attorney representing the company, announced the mediation process and stated that the company is committed to working with its creditors to reach a mutually beneficial agreement.

Source: cryptopolitan

Bitcoin has shown great resilience in the face of interest rate hikes, as evidenced by its recent drop in price following the Federal Reserve's decision to raise interest rates by 0.25 basis points. Despite this, the world's number one digital currency by market cap was able to quickly recover and is now trading at a higher price than before the rate hike. This shows that Bitcoin is a resilient asset that can withstand external pressures and remain a viable investment option for those looking to diversify their portfolios.

Source: livebitcoinnews

J.W. Verret, an associate professor of law at George Mason Law School, has suggested that the Securities and Exchange Commission (SEC) may have made a mistake in its move against Ripple three years ago. He believes that the SEC's decision to classify Ripple's XRP token as a security was misguided, and that the agency should have taken a more nuanced approach to the situation. He believes that the SEC should have considered the fact that XRP was already widely used as a currency, and that the SEC's decision has had a negative impact on the cryptocurrency industry as a whole.

Source: zycrypto

The global crypto industry is eagerly awaiting the outcome of the legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs. The market is hoping that the summary judgment in the XRP lawsuit will bring much needed regulatory clarity. Ripple recently published its Q1 report which included a prediction on when the SEC lawsuit will end. This prediction has further increased the anticipation of the crypto industry for the verdict of the lawsuit.

Source: coingape

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14,876 BTC

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*Transactions Last Updated: 04-29-2023 8:34am ET

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