Day: October 22, 2024

Musk Says He’s Not Involved in Crypto, Just Likes Dogecoin

At a pro-Donald Trump rally in Pennsylvania on Sunday, Elon Musk addressed his connection to cryptocurrency, clarifying that he isn’t “actively involved” in the space but still enjoys Dogecoin (DOGE). While Musk has long been known for his playful support of Dogecoin, he used the rally to explain that his relationship with the meme coin […]

Mark Cuban Criticizes Polymarket’s Election Odds

Billionaire investor Mark Cuban has expressed skepticism over the predictive reliability of Polymarket, a decentralized prediction market platform, in forecasting the 2024 U.S. presidential election. Speaking in an interview with CNBC’s *Squawk Box*, Cuban suggested that the betting odds on the platform are not a reliable indicator of the election’s outcome, largely because of what […]

Fed’s Kashkari Criticizes Crypto as Tool for Criminals

Minneapolis Federal Reserve President Neel Kashkari continued his harsh critique of cryptocurrencies on Monday, dismissing them as primarily used for drug deals and illegal activities. Speaking at a town hall event in Wisconsin, Kashkari claimed that “very few transactions are actually happening” in the crypto world, reinforcing his long-standing skepticism of digital assets. Kashkari, who […]