In a move that can only be described as reckless, President Donald Trump’s recent decision to pursue a federal cryptocurrency reserve should spark outrage across the political spectrum. While proponents argue that this could strengthen the U.S.’s position in digital finance, a closer examination reveals that this initiative might instead serve as a calculated maneuver
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Ethereum, once hailed as the crown jewel of the cryptocurrency world, is now grappling with a precarious situation that warrants significant concern among investors. As observed by leading analysts in the crypto space, Ethereum is experiencing unprecedented selling pressure, raising flags regarding its sustainability in the long term. With a dramatic decline in investor confidence,
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Vermont’s decision to retract its legal action against Coinbase represents a pivotal moment in the burgeoning cryptocurrency landscape. By stepping back, Vermont acknowledges the pressing need for regulatory clarity in a space that has been shrouded in ambiguity for far too long. The state’s move aligns with the actions of the US Securities and Exchange
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In a turbulent twist for the decentralized finance (DeFi) landscape, Hyperliquid recently faced a staggering $4 million liquidation event that has left many analysts contemplating the implications of such incidents. On the surface, the loss stems from a jaw-dropping 175,000 ETH long position, leveraged at 50x, which spiraled out of control. A trader, operating anonymously
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Cardano, a prominent player in the cryptocurrency arena, has recently demonstrated signs of resilience after a significant downturn. The cryptocurrency market is highly sensitive, often swayed by market sentiment, and Cardano is no exception. As of late, Cardano’s price has witnessed a minor resurgence, climbing approximately 1% in just 24 hours and hitting an intraday
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In an era characterized by ideological divides, the recent bipartisan support for the GENIUS Act, which passed the Senate Banking Committee with an 18-6 vote, shines as a hopeful beacon for the future of American economic policy. While traditional laws often emerge from partisan clashes, this legislation—championed by Senator Bill Hagerty—has united Republicans and select
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