The cryptocurrency world is abuzz with significant events, including allegations against Coinbase, Hamster Kombat's user decline, and bold Bitcoin price predictions.
Allegations Against Coinbase
Tron founder Justin Sun recently claimed that Coinbase requested a $330 million fee for listing TRX, sparking debates on fairness in listing practices. Sun alleged that Binance charged nothing, while Coinbase asked for 500 million TRX tokens and a large Bitcoin deposit. Fantom founder Andre Cronje corroborated these claims, stating Coinbase sought as much as $300 million for listing FTM. Despite these accusations, Coinbase CEO Brian Armstrong denied them, asserting that asset listings are free.
The Rise and Fall of Hamster Kombat
Hamster Kombat, once celebrated as Telegram's fastest-growing game, reportedly lost nearly 260 million players in just three months. Despite an early peak of 300 million users, the game's simplistic design and token distribution issues alienated players. The token's value has plummeted by 76%, and controversies over delayed airdrops and an anti-cheat system have damaged its reputation, drawing criticism from governments in Iran and Russia.
Bitcoin Forecasts by 2025
Bernstein analysts predict that Bitcoin's value could soar to $200,000 by 2025, regardless of the outcome of the upcoming U.S. election. They argue that factors such as U.S. fiscal irresponsibility and the appeal of hard assets support Bitcoin's growth. A potential Trump win could further boost Bitcoin, given his perceived crypto-friendly stance, but even a Harris victory is expected to have a favorable long-term impact. Ethereum, too, could see gains with favorable ETF prospects if Harris wins.
These developments underscore the crypto industry's complex landscape, where regulatory tensions, market speculation, and shifting public sentiment play pivotal roles in shaping the future of digital assets.
