In a recent post on X, Billy Markus, the co-creator of Dogecoin, expressed his anticipation for the mainstream media's eventual coverage of Dogecoin, especially if Donald Trump wins the 2024 U.S. election.
Markus, who goes by the name “Shibetoshi Nakamoto,” defended Elon Musk against what he termed a “media spin machine,” emphasizing how the media often distorts public figures’ images.
He humorously shared a meme depicting a Roman soldier, in which Caesar mocks another soldier—Musk—who is struggling to suppress his laughter.
Markus believes that if Trump, a notable supporter of cryptocurrency, secures victory, it could normalize crypto coverage in the mainstream media, which has historically overlooked it.
Markus praised Musk’s transparency but pointed out that it often makes him a target for misleading narratives. He criticized the media’s portrayal of Musk as “lazy and banal,” indicating that the honest nature of the billionaire can be exploited by bad actors.
Nasdaq has filed a request with the U.S. Securities and Exchange Commission (SEC) to obtain approval for the listing of Grayscale Investments’ Avalanche exchange-traded fund (ETF).
Crypto analyst and trader Ali Martinez has expressed a bearish outlook on Solana (SOL), which is currently trading about 53% below its peak value from January.
The U.S. Securities and Exchange Commission (SEC) has recently dropped lawsuits against several major crypto firms, yet Ripple remains an exception, keeping the XRP case in the spotlight.
South Carolina has reversed its stance and dropped the legal action against Coinbase over staking, a move that mirrors Vermont’s recent decision.