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This past week saw a diverse set of tokens participating in an upswing, and the meme coin Pepe (PEPE) was the star of the show. In the wake of the recent crypto market turbulence, spurred by speculation about Bitcoin spot ETF acceptance, PEPE has made waves with its announcement of burning more than $5.5 million worth of tokens.  A frenzy of crypto-based memes like Pepe Coin have gained fresh momentum last week as Bitcoin rallied https://t.co/tO8Qz12cZ7 — Bloomberg Crypto (@crypto) October 29, 2023 This move led to a significant 30% price hike in a single day, propelling PEPE to its peak in two months. The growth, set against the backdrop of potential Bitcoin spot ETF approval, marks a significant increase in PEPE’s value and indicates a potential rebound in the altcoin sector. According to crypto market monitor CoinGecko, over the previous week, the price of PEPE surged by a remarkable 56.5%. However, its current price of $0.00000115 signifies a 3.5% decrease ...

Two recent opinion articles from CoinDesk, one comparing Justin Sun to SBF and Do Kwon, and another suggesting that Chainalysis had accuracy issues with its software, were recently retracted. The double retraction — a rarity for an outlet as esteemed as CoinDesk — took place on Aug US t 26 and immediately gave rise to a raft of rumors and theories. And while the real reason behind the move isn’t quite as fascinating as some have suggested, the story behind it might be. Loosely defined policy According to sources familiar with the matter, the op-ed (opposite the editorial) section at CoinDesk had a loose policy that allowed for the publishing of pieces by anonymous and pseudonymous authors . At least it didn’t explicitly forbid them. However, since the retractions, it’s become clear that this policy has changed. It’s important to put these retractions into context. CoinDesk is preparing to be sold off by its parent organization, Digital Currency Group (DCG). As it rea...