On October 30, Matt Hougan, chief investment officer of Bitwise, said today: When you invest in Bitcoin, you are actually making two bets at the same time that Bitcoin will succeed in becoming the "new store of value" and that the government will continue to "misissue fiat money." As demand for traditional stores of value rises sharply, more investors will gravitate towards owning assets of value. Bitcoin and gold are both inflation-fighting stores of value, which are important for "stores of va...
After WWE wrestling legend Hulk Hogan deleted a post promoting the Solana meme coin on Thursday, the market cap of the HULK meme coin reportedly plummeted from $17 million to $2 million. According to Step Finance's Solana Floor, some users shared screenshots of the promotion Hogan allegedly posted. The Block has sent a request for comment to Hogan's official website, but has not received a response.