The impending departure of Summer Mersinger from the Commodity Futures Trading Commission (CFTC) to lead the Blockchain Association is not merely another personnel shift in the financial regulatory landscape; it is a defining moment for the future of digital assets. As consumer awareness of cryptocurrencies rises and regulatory frameworks struggle to keep pace, Mersinger’s move
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In an unexpected and intriguing move, Coinbase CEO Brian Armstrong recently extended an open invitation for employees of the U.S. Department of Government Efficiency (DOGE) to transition to roles at his crypto exchange. This declaration, initially made public on May 14, is framed not merely as a recruitment tactic but as an ideological alignment for
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In an unprecedented move that sent ripples through both the digital art and cryptocurrency communities, the Infinite Node Foundation (NODE) has secured the intellectual property rights to the iconic NFT collection, CryptoPunks. This significant shift from private ownership to a nonprofit framework implies a radical rethinking of what it means to own digital art. The
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The world of cryptocurrency is no stranger to volatility, but Ethereum (ETH) has been capturing headlines with its astounding oscillations recently. After plummeting to an 18-month low of $1,380, the altcoin has surged nearly 45% in the span of a week, reclaiming its previous macro trading range between $2,200 and $3,900. Yet optimism should be
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The disparity in liquidity between crypto markets and traditional finance has garnered attention from various corners of the financial world. A recent report from S&P Global underscores the ongoing struggle of cryptocurrencies to achieve the kind of deep liquidity seen in conventional markets like the New York Stock Exchange (NYSE). This is no surprise; any
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In the rapidly evolving landscape of cryptocurrency, a profound tension exists between regulatory frameworks and the very essence of innovation. Recently, Senators Cynthia Lummis and Bernie Moreno took a bold step by urging the Treasury Department to clarify how the Corporate Alternative Minimum Tax (CAMT) interacts with the new accounting standards set forth by the
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In recent days, Ethereum (ETH)—the second-largest cryptocurrency—has undeniably stolen the spotlight, recording an astounding 40% increase in value over a mere week. This remarkable spike saw Ethereum’s price traverse the $2,600 mark, a high it hadn’t reached since late February. However, the euphoria was accompanied by some market adjustments, as ETH currently adjusts to hover
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