The decision by Coinbase, Ripple, and Andreessen Horowitz (a16z) to send representatives to both the Republican National Convention (RNC) and the Democratic National Convention (DNC) highlights a strategic move by these companies to influence policy outcomes favorable to the crypto industry. By targeting GOP power brokers first, the firms are positioning themselves to advocate for
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Russia’s Ministry of Finance recently put forward a proposal to allow traditional exchanges to facilitate digital asset trading for specific investors. This move signifies a potential shift in the way digital currencies are handled within the country, opening up new avenues for investors and exchanges alike. The government’s draft response to proposed regulations outlines the
JP Morgan, a renowned American multinational finance company, has recently expressed confidence in the future outlook of Bitcoin prices despite the recent bearish trends in the cryptocurrency market. The bank has outlined a timeline for the conclusion of ongoing Bitcoin liquidations, anticipating a subsequent rebound in the market. According to a research report released by
The recent proposal by South Korean lawmakers to delay the implementation of the crypto gain tax until 2028 has sparked debates and discussions within the crypto industry. The ruling political party put forward the bill on July 12, citing the negative sentiments surrounding virtual assets as the primary reason for the extension. They expressed concerns
Ethereum’s price has witnessed a significant increase above the $3,250 resistance level, signaling a bullish trend in the market. This surge has propelled ETH beyond $3,300 and indicates a potential for further upside movement in the near future. A connecting bullish trend line has been identified with support at $3,270 on the hourly chart of
The recent surge in Bitcoin price has been nothing short of impressive, with the digital currency breaking the $62,000 resistance level. This has led to renewed optimism among investors, who are now eyeing the $63,200 level as the next target. Bitcoin has gained bullish momentum above the $60,500 resistance zone and is currently trading above
The recent price movement of Bitcoin has shown promising signs of recovery, with the price surpassing $58,000 in the past week. A well-known crypto analyst has identified a chart formation that indicates a potential continuation of this upward trend for the leading cryptocurrency. In a fresh analysis posted on a popular crypto platform, the analyst
One of the key indicators being closely watched by Chief Crypto Analyst Jamie Coutts is Bitcoin’s hash rate decline. Coutts suggested that a reversal in the bearish trend might be on the horizon as the hash rate decline is slowing down. This is a positive sign as it could precede a bottom and a reversal
Growing up in Edo State, Nigeria, alongside my three siblings, I have always been surrounded by individuals who inspired me and taught me valuable life lessons. My parents, in particular, have played a significant role in shaping the person I am today. Their unwavering support and guidance have been the cornerstone of my journey, providing
Semilore Faleti is a distinguished cryptocurrency writer with a specialization in journalism and content creation. His journey in the crypto world started by delving into various subjects but eventually led him to explore the intricate universe of blockchains and digital currencies. Semilore’s passion lies in the efficiency of digital assets for storing and transferring value.
