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- 🥳 ETH reclaims $2,000 due to Merge hype
🥳 ETH reclaims $2,000 due to Merge hype
🥳 ETH reclaims $2,000 due to Merge hype ⛓️ Blockchain industry now employs 76% more people than previous year 💊 Martin “Pharma Bro” Shkreli dumps his own coin
GM, vEmpions! Our motto for the day is: "Life is a party, and we're just getting started!". So put on your dancing shoes, because it's time to get this show on the road.Here's what happened during the weekend:
🥳 ETH reclaims $2,000 due to Merge hype ⛓️ Blockchain industry now employs 76% more people than previous year 💊 Martin “Pharma Bro” Shkreli dumps his own coin
ETH reclaims $2,000 due to Merge hype
Are you still holding onto your ETH? Congratulations, you are now a member of the $2,000 club. That's right, Ether has once again broken the key psychological milestone of $2,000. This recent event extends Ethereum's weeks-long rally and has resulted in a 16% increase in market value over the past week.
Thanks to the latest surge, ETH is up over 2X from its June low. This is great news for those of us who were holding onto our Ether during the market crash caused by the 3AC drama. Now we can all sit back and watch the price go up.
Of course, Ethereum isn't the only cryptocurrency benefiting from the market rebound. However, it is outperforming many assets due to the growing anticipation for the Merge. This long-awaited upgrade to Proof-of-Stake is finally happening soon and is being heralded as one of the biggest crypto events ever.
So whether you're an ETH holder or not, this is definitely a time to keep your eyes on the Ethereum price chart. Exciting times are ahead!
Blockchain industry now employs 76% more people than previous year
We all know that the blockchain industry is booming, so of course, with such rapid growth comes some growing pains. One of the biggest challenges facing the blockchain industry is a lack of talent. With so many new businesses and projects popping up, there's a big demand for people with blockchain skills.
According to a new study by Linkedin and OKX, the number of people working in blockchain has increased by 76% over the past year. And that's just the beginning – with more and more businesses and industries starting to explore the potential of blockchain technology, that number is only going to grow.
But even as the demand for blockchain talent increases, the supply is still lagging behind. The study found that the United States, India and China are the top three nations in terms of talent availability in the blockchain business.
India is rapidly becoming a powerhouse in the blockchain industry, with a 122% annual growth rate of its talent pool, according to the report.
The United States still leads the way in terms of blockchain talent, but India is quickly catching up. China ranks third overall, but has the lowest growth rate among the top 10 nations in the world for blockchain talent, at 12%. Canada is at number four with a growth rate of 106%, closely followed by Singapore with a growth rate of 92%.
So if you're looking to get into the blockchain industry, now is the time. There's never been a better time to learn about blockchain and how it can be used to power businesses and transform industries. With so much growth still to come, there's no limit to what we can achieve.
Martin “Pharma Bro” Shkreli dumps his own coin
If you thought Martin Shkreli was done being one of the most hated men in the world, think again. This time, the "Pharma Bro" is being accused of deliberately crashing the price of his own crypto token called Martin Shkreli Inu ($MSI).
Martin Shkreli, the man who became infamous for price gouging lifesaving drugs and then got sent to prison for securities fraud, has struck again. This time, he's dumped a massive chunk of his own cryptocurrency, causing its value to tank.
Shkreli, who was released from prison in May, has been up to his old tricks, launching a new Web3 project called Druglike and his own cryptocurrency called Martin Shkreli Inu.
On Saturday, Bloomberg reported that a wallet most likely belonging to Shkreli sold off more than 160 billion tokens, causing its value to drop by 90 percent.
"I got hacked."
This is the excuse that Martin Shkreli, the so-called "Pharma Bro," is using after he allegedly dumped the coin.
Once again, Shkreli has shown that he cares only about himself and couldn't care less about the people who have put their trust in him. The drop in price was stunning considering the hype surrounding the launch of Druglike, but it seems that the hype was largely driven by Shkreli himself, as there was very little substance to the project. And in the end, it appears that it is his most ardent supporters who were the ones left holding the bag.
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