The cryptocurrency market experienced some huge events this week. These were comprised of regulatory developments, novel legislative proposals, market events, and internal moves within institutions. A $40 million fine levied against Block Inc. for alleged compliance failures highlighted the ongoing scrutiny of crypto platforms, while international law enforcement efforts underscored...
The Department of Justice's (DoJ) recent decision to effectively disband the National Cryptocurrency Enforcement Team (NCET) isn't a setback. It's a necessary course correction. It's not about letting criminals run wild. It's about recognizing that innovation thrives in sunlight, not under the suffocating blanket of regulatory overreach. Think of it...
Furthermore, the Department of Justice (DOJ) has announced the dissolution of their National Cryptocurrency Enforcement Team (NCET). Created in October 2021, this unit is intended to spearhead difficult criminal investigations and prosecutions involving the criminal misuse of cryptocurrency. In July 2023, the team was accepted into the Computer Crime and...
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...
As a result, SUI’s price has exploded by 23% in a single day, reaching $3.67 on April 25. In the last week, it’s gone up a stunning 73%. This explosion of interest sends SUI skyrocketing to rank No. 1 among the top 100 cryptocurrencies by market cap. It eclipses the...
Whatever the answer, the crypto market seems to be at the brink of yet another major rally, thanks in part to expected interest rate cuts. Charles Hoskinson — co-founder of the combatants Ethereum and Cardano — envisions a thrilling future. He thinks it has the potential to be just like...
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...