Coinbase CEO Brian Armstrong says the SEC v. Ripple case “seems to be going better than expected.” He added that the U.S. Securities and Exchange Commission “is realizing that attacking crypto is politically unpopular.” Coinbase’s CEO on the Ripple Lawsuit, SEC Attacking Crypto The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, commented on the enforcement action against Ripple…
Category: News
Central Banking Then And Now
The People And Events Who Have Shaped Today’s Federal Reserve Monetary System | Part I This piece will delve into the creation of the Federal Reserve System, and the people and events who have shaped the monetary system into what it is today. Before we get started, one simple question that must be answered is, “What is the Federal Reserve…
Crypto Advocates Protest Gatekeeper Valves NFT Game Ban on Steam
In brief Valve recently banned blockchain-based games with crypto and/or NFT elements from the Steam marketplace. Fight for the Future and game developers have posted an open letter to Valve and are pushing for the ban to be reversed. Steam is the largest digital marketplace for PC games, but it wont be where you find blockchain-based games with NFT assets…
Bargain Hunters Flock to Buy Cheap BTC – News Bitcoin News
German authorities are auctioning bitcoin seized from the darknet in cybercrime cases. The auction website reportedly experienced high traffic to bitcoin listings, with 4,000 new registered users over the past few days. German Government Auctioning Seized Bitcoin The Justice Ministry of North Rhine-Westphalia, Germany’s largest state by population, announced Monday an auction of bitcoin seized from criminal cases. Justiz Auktion,…
Examining Short-Term Bitcoin Holder Behavior
The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Relevant Articles: The Daily Dive #070 – Short-Term:Long-Term Cost Basis Ratio The Daily Dive #083 – Bitcoin All Time High The Daily Dive…
Expanding ecosystem and $1.86B futures open interest back Solanas $250 target
Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and non-fungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end. SOL/USDT 1-day chart. Source: TradingView Institutional investor interest is likely a key factor behind Solanas impressive 490% gain since August. For example,…
Bitcoin Exchange FTX Buys Super Bowl Ad
Today, Bloomberg reported that bitcoin exchange giant FTX purchased an ad slot for the upcoming Super Bowl LVI on February 13, 2022, at SoFi Stadium in Inglewood, California. The exchange did not provide a comment on how much the ad was purchased for or what the content will consist of. “We’re inviting everyone to check it out, and here to…
Ethereum Supply on Pace to Shrink After ETH 2.0 Upgrade
In brief EIP-1559 added “deflationary pressure” to ETH. The merge should make the asset just plain deflationary. There are currently over 118 million ETH in circulation. And even though there’s no supply cap on the cryptocurrency, don’t expect that number to get too much bigger. According to simulations from Ethereum tracker Ultrasound Money, after the transition to proof of stake,…
26 companies and advocacy groups call on Valve to reverse its blockchain games ban
Digital rights advocacy group Fight for the Future, the Blockchain Game Alliance, Enjin, and 26 blockchain game companies have called out video game corporation Valve for its decision to not allow content related to cryptocurrencies or nonfungible tokens through its Steam marketplace. According to an open letter published by Fight for the Future on Oct. 26, the companies and projects…
ASSEMBLE Protocols ASM Token Is Officially Listed on Coinbase and Gate.io – Press release Bitcoin News
press release PRESS RELEASE. The revolutionary blockchain-based global point integration platform ASSEMBLE Protocol has announced the listing of its utility token ASM on Coinbase, which has been followed swiftly after the ASM-USD and ASM-USDT pairs were enabled on Coinbase Pro. It is highly expected that this development is going to further boost the global adoption of ASM token and also…