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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A former Ripple senior engineer, Steven Zeiler, has reignited a long-forgotten discussion in the XRP community by explaining why the once-promising Codius project quietly faded from view years ago. Zeiler argued that the project lacked a token, and without one, it failed to gain traction. His claim drew sharp debate from validators and caught the attention of many community members. Why The Codius Project Failed On March 8, Zeiler, who now serves as a developer evangelist at the Yellow Network, took to X to offer a frank…
The U.S. banking industry had effectively lobbied to halt the crypto industry’s market structure bill, the Digital Asset Market Clarity Act, over a dispute about the proper role for stablecoin rewards. But lawmakers continue to negotiate a compromise to move that legislation forward.One of the lawmakers at the center of those talks, Senator Angela Alsobrooks, told an audience at an American Bankers Association summit in Washington on Tuesday, that both sides of the negotiation — bankers trying to limit most stablecoin rewards as a threat to traditional deposits and the crypto industry that argues they’re an important consumer incentive —…
Bitcoin could be on track for a massive long-term rally if one of the most interesting valuation models in the crypto industry is still valid. According to pseudonymous analyst PlanB, the Stock-to-Flow (S2F) model suggests that Bitcoin could average around $500,000 during the current halving cycle between 2024 and 2028. The bold projection comes even as Bitcoin is showing no signs of trading at that level in recent days, but recent price action in the past 24 hours has seen it reclaiming the $70,000 price level. Here’s When Bitcoin Will Reach $500,000 PlanB’s projection for Bitcoin is not that the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Zcash Open Development Lab, the company formed by the team formerly known as Electric Coin Company, has raised more than $25 million from a roster of heavyweight crypto investors including a16z, Paradigm, Winklevoss Capital, Coinbase Ventures, Cypherpunk Technologies, Maelstrom (family office of Arthur Hayes), Chapter One, David Friedberg, Haseeb Qureshi, Mert, Balaji and others. What This Means For Zcash The round lands just months after the ECC team regrouped under a new name, and gives the Zcash-focused builder fresh capital to expand its wallet and protocol work…
The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission — the sister agencies that will regulate most U.S. crypto activity — have been rivals in the past over crypto issues, but they’re now pursuing a formal memorandum of understanding to combine agency efforts, said SEC Chairman Paul Atkins.”We are reorienting our approach toward a new golden age of regulatory coherence,” Atkins was set to say on Tuesday in remarks prepared for the FIA Global Cleared Markets Conference in Florida. “More than aligning our rules, a harmonized framework also demands coordinating our responses to the firms that operate…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto pundit Xaif has shared an aspect in which Vitalik Buterin admitted that XRP is ahead of Ethereum in. This comes as Ripple looks to dominate the payments industry using XRP, RLUSD, and the XRP Ledger. Vitalik Shares What Aspect XRP Leads Ethereum In In an X post, Xaif shared a 2014 quote from Vitalik Buterin stating that Ripple, not Ethereum, is the Internet of Value. While Ethereum has focused on building a foundation for the decentralized financial system, Ripple has focused on building the Internet of…
We all know the problem with a public ledger. Most of us living inside the crypto ecosystem can’t actually bring ourselves to say it.But find a normie on the street, one with some knowledge of blockchain (good luck with that), and they’ll tell you straight. It’s public. A public ledger is public.We’ve spent almost two decades trying to sell pork pies to vegans, trumpeting “public” as a virtue, when people actually crave privacy.Out there in the real world, normies don’t see radical transparency. Many perceive insanity. They see data breaches. They are in no doubt that sharing a permanent and…
Crypto analyst Merlijn has revealed that Bitcoin has just re-entered the DCA zone, indicating it’s a good time to buy BTC. The leading crypto is already staging another rebound, rising to the psychological $70,000, which has so far proved to be a major resistance level. Bitcoin Reenters DCA Zone As Price Eyes Another Rally In an X post, Merlijn stated that Bitcoin has just entered the DCA zone on the rainbow chart and that BTC is now back in the DCA zone. He noted that a massive rally has followed every time this has happened. At the same time, this…
Calling the U.S. the “crypto capital of the world,” Commodity Futures Trading Commission (CFTC) Chairman Mike Selig updated his agency’s ongoing plans to provide long-awaited regulatory clarity for decentralized finance (DeFi) developers, crypto derivatives and prediction markets.Speaking this week at the FIA Global Cleared Markets Conference in Boca Raton, Florida, Selig said the U.S. is reclaiming leadership in digital assets through closer coordination between regulators. He said he and the Securities and Exchange Commission (SEC) Chairman Paul Atkins have put an “end to the days of CFTC-SEC infighting by partnering on the Project Crypto initiative.”During his speech, Selig reiterated the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin crossed back above $70,000 on Monday as traders responded to signals that the US military campaign against Iran might be winding down — pushing the broader crypto market up 3% in 24 hours before a fresh round of war rhetoric from US President Donald Trump complicated the picture. The gains were tied directly to comments Trump made in a CBS News phone interview, where he suggested Iran had been so thoroughly struck that little remained of its military capability. Oil prices plunged on the news, dropping…