Chamath Palihapitiya: Hostile US regulators have guns pointed firmly at crypto
Chamath Palihapitiya: Hostile US regulators have guns pointed firmly at cryptoTech billionaire Chamath Palihapitiya says there is no doubt that regulators seek to ban crypto from U.S. shores.
Happy Tuesday!The global crypto market cap is $1.15 trillion with a 24-hour volume of $33.66 billion. The price of Bitcoin is $27,356.92 and BTC market dominance is 46.0%. The price of Ethereum is $1,819.87 and ETH market dominance is 19.1%. The best performing cryptoasset sector is Transportation, which gained 34%.
Latest NewsChamath Palihapitiya: Hostile US regulators have guns pointed firmly at crypto
Tech billionaire Chamath Palihapitiya says there is no doubt that regulators seek to ban crypto from U.S. shores. SBF-linked video game to close servers by May 1The free-to-play card game gained wide popularity after reports emerged that SBF played it during meetings and calls. Paradigm files amicus brief in SEC’s lawsuit against Terra, Do KwonParadigm seeks to prevent the SEC from using the Terra case to widen its jurisdiction over the crypto market. Avengers director, Epic Games exec speak on AI transforming entertainment, blockchain’s potentialFrom rom-coms with Marilyn Monroe to epic battles: how ai-generated movies may transform entertainment within two years. ARK Investment buys Coinbase shares worth $8.6MCoinbase COIN stock is down 15% over the last 30 days and was trading for $54.59 as of press time, according to Tradingview data. OPNX CEO Lamb exposes crypto industry toxic culture, discriminationThe crypto community attributes the root cause of online abuse to Lamb's affiliation with 3AC and CoinFLEX. Multiple Genesis Capital creditors walk away from agreement – DCG respondsGenesis Capital wants a sitting bankruptcy judge in the Southern District of New York to act as a mediator in its disputes. CryptoSlate wMarket Update: Bitcoin trades at lowest value in April as market rut continuesThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Indian authorities freeze over $11M in crypto money laundering caseThe Indian enforcement directorate has frozen around $21.7 million in the case that involves laundering through the app-based HPZ token. NFT traders averaging 1k ETH loss per day — blue chip NFTs floor price tanksThe floor price of several NFT collections has significantly fallen from their previous highs, according to DappRadar data. Over 13K people mint Coinbase commemorative ‘stand with crypto’ NFTsCoinbase’s “Stand With Crypto” NFTs are purely commemorative and had no intended value or utility at press time. Old wallets activate – sparking fears of mass hack targeting Bitcoin veteransLong-dormant Bitcoin wallets have suddenly become active - are crypto veterans facing a mass-hacking event?
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Saturday, April 22, 2023
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Thursday, April 20, 2023
The new rules will start to come into force in 2024 and are expected to be fully implemented within the next two years.
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Bitcoin price dropped as low as $29010 on April 19 — as derivative open interest also tanked in a price flash crash.
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