Let's be blunt: Congress just handed a massive gift to the wealthiest among us, and you're going to be footing the bill. They repealed a rule that mandated cryptocurrency exchanges report transactions to the IRS. In doing so, they laid the groundwork for giving the ultra-wealthy a $4 billion tax...
So, is OpenSea really all that concerned about getting “regulatory clarity” so they can innovate. Or is this action simply the latest stroke of genius by the crypto oligarchs to further consolidate their power and riches. I think it's the latter. We've seen this movie before. A dangerous industry, pretending...
Let's be blunt. OpenSea’s new found concern for “regulatory clarity” stinks more than a seven-day-old tuna fish special. They want the SEC to back off. But they argue that they are doing it for the betterment of all art NFT creators. But is it really? If so, it’s a rather...
Now that the digital dust has settled on DraftKings’ $10 million settlement… That’s particularly the case with their Reignmakers NFT platform, which is at the center of this decision. The class-action lawsuit alleged DraftKings was offering unregistered securities. To the surprise of many, a federal judge expressly ruled that these...
Imagine this: a bright-eyed college student, let's call him Alex, scrolling through Twitter, sees the hype around DraftKings' Reignmakers NFTs. He's a sports fan, tech-savvy, and figures, "Why not? It's a fun way to maybe make some extra cash." He loads up a few hundred bucks into these dorky looking...
It’s hard to deny that the recent 73% SUI spike has caught everyone’s attention, including my own. It's hard to ignore numbers like that. Hold on a second before you go rushing to join the tour bus. We’ve been down this movie before in the crypto world. Remember Dogecoin's Elon...
SUI is up 73% this past week. Everyone's talking about it. Before we uncork the champagne, let's ask a crucial question: who is really benefiting from this surge? So are you going to be here with me and the average crypto enthusiast on this … Or is this simply the...
Alright, let's cut to the chase. Trump wants those interest rates slashed. He's practically breathing down Powell's neck. What’s not up for debate is why states are making this shift. The impact on crypto, especially altcoins, would be nothing short of monumental. Forget Lambos, think liberation. This isn’t just about...
Alright, let's cut to the chase. The rumors spread and the heat is on. Despite all outward appearances, though those may be deceiving, the Fed is preparing to cut interest rates any day now. Trump has not just been highly publicized, he has been opinionated. I’m deeply cynical about following...
The Fed blinked. And frankly, it's about damn time. Ignore the Wall Street whirligig – this isn’t about “innovation” for innovation’s sake. After all, this is all about economic democratization, and it’s Gen Z who stand to benefit the most. The Federal Reserve's rollback of its restrictive crypto guidance isn't...
The Fed's walking a tightrope, isn't it? So, it sure seems premature for it to have rescinded its previous guidance that scared banks away from jumping into crypto. It’s closer to giving Wall Street keys to a shiny but ill-tempered Ferrari.Stability or Speculation?Let's be real. The stated reasoning for this...