In a bold and controversial move, Coinbase CEO Brian Armstrong recently announced a decision to cut ties with law firms employing former regulatory figures, whom he accuses of engaging in unethical practices harmful to the cryptocurrency sector. Armstrong’s decree, revealed through a social media statement, signals a critical juncture for the cryptocurrency exchange that has
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On December 1, the Missouri Senate introduced Senate Bill 194 (SB 194), which marks a significant legislative response to the burgeoning trend of Central Bank Digital Currencies (CBDCs). The bill intends to prohibit the use of CBDCs as legal tender within the state, signaling a growing skepticism among Missouri lawmakers regarding the implications of such
Ethereum (ETH), the leading smart contract platform and the second-largest cryptocurrency by market capitalization, continues to navigate a challenging market landscape. Despite a recent downturn that saw its price decrease by 2.4% within 24 hours, trading at approximately $3,577, there remains a glimmer of hope among analysts and enthusiasts regarding its long-term prospects. This article
The position of the Securities and Exchange Commission (SEC) chair is one of significant influence and responsibility, especially during a tumultuous period in the financial sector. With a new administration on the horizon, speculation around who will fill this pivotal role has heated up. Among the names mentioned, Paul Atkins, a former SEC commissioner, has
The narrative surrounding Bitcoin often presents HODLers as steadfast investors who never sell their holdings. This notion, however, is misleading, as highlighted by on-chain analyst James Check. Contrary to popular belief, these long-term holders occasionally engage in selling activities, contributing to the stagnation in Bitcoin prices. As of early December, Bitcoin has remained relatively stable,
Bitcoin, once heralded as the flagship of cryptocurrency, has recently faced a series of significant challenges, marking a fresh decline in its value. At the heart of this struggle is the crucial support level of $93,257, which has served as an important threshold for buyers in the past. This point in the market has become
The cryptocurrency market is no stranger to volatility, yet certain events can trigger remarkable price movements, as seen with SUI in recent weeks. Following the launch of USDC on this layer-1 blockchain, SUI experienced a staggering increase of over 115% in just a week. This integration has not only boosted SUI’s market performance but also
RTFKT, the innovative force behind non-fungible token (NFT) sneakers and avatars, has announced its plans to cease operations by January 2025. This decision, shared via a post on social media platform X on December 2, represents not only the end of a company but also the conclusion of an adventurous chapter in the realm of
The NFT landscape is evolving rapidly, and Yuga Labs is at the forefront of this transformation. Known for its groundbreaking projects such as the Bored Ape Yacht Club (BAYC) and the Otherside metaverse, Yuga Labs has recently made headlines by acquiring the technology team of Tokenproof, a Web3 protocol that is redefining NFT ownership verification.
The recent episode of The Milk Road Show, featuring insights from Charles Edwards, the founder of Capriole Investments, has sparked significant interest among investors and enthusiasts regarding the state and trajectory of Bitcoin. This article provides a critical assessment of Edwards’ analysis while exploring the implications for future market behavior, potential catalysts, and inherent risks
