David Duong, Coinbase’s head of research, has explained where things stand with the CLARITY Act. He says there’s only about three weeks left to agree on the wording around stablecoin rewards, which is the main thing currently preventing the bill from moving forward in the Senate.
The paper argues that major decentralized finance protocols are actually heavily centralized.
United Stables ($U) has expanded beyond BNB Chain into new blockchain ecosystems.
Ah, AVAX, the native token of the Avalanche network, trades at $9.07 today, a number as insignificant as a single grain of sand in the desert. Sideways it moves, like a drunkard stumbling home after a night of excess, pinned just above the critical support band of $9.00-$9.50. A tragic hero, perhaps, but one whose tragedy is met with little sympathy.
With all this cash flying around, Garlinghouse is convinced that Ripple is gearing up for a record-breaking quarter. And let’s not forget, XRP has now been officially crowned the “northstar” of their development strategy. Because if there’s one thing you want guiding your business, it’s a celestial body known for its unwavering brightness. Who needs GPS when you’ve got XRP?
Coinbase CEO Brian Armstrong recently told Fox Business that large U.S. banks are attempting to hinder President Biden’s plans for cryptocurrency. He claims they’re lobbying to prevent Americans from earning rewards on their stablecoins. Armstrong called a recent Senate proposal a win for banks, arguing it would eliminate competition by effectively banning interest on digital dollars. He believes this would transfer money from everyday citizens to already profitable large banks.
This remarkable decree, signed with great pomp by none other than President Luiz Inácio Lula da Silva himself, grants the esteemed legal authorities the power to seize cryptocurrencies-particularly that illustrious Bitcoin-during their noble investigations.
Our intrepid founder, Armani Ferrante, has taken to the stage-or rather, X-to quell the rabble. “OTC? Good heavens, no!” he trills. “We aren’t cashing out our tokens. FUD, my dears, is but an opportunity to either clarify or correct. How very grown-up of us.” [x.com] He assures us that past OTC chatter was merely a gesture of goodwill, helping serious buyers find tokens, not a sly offload of the team’s stash.
The chart looks like a Rorschach test for traders-some see a recovery, others see a cliff. It’s a mixed bag, like a buffet where you’re not sure if you’re getting caviar or mystery meat.
The value of Solana-based meme coin WhiteWhale has plummeted around 50% after its creator, known as “The White Whale,” announced he was leaving the project. He cited intense personal and community pressure as the reason, explaining he could no longer keep up with demands to artificially inflate the token’s price. As of March 27, the coin’s market value has fallen to about $12 million, with $5.4 million traded in the last 24 hours, according to KuCoin and ChainCatcher. Before leaving, the founder locked 500 million WHITEWHALE tokens (worth roughly $13 million at the time) in an account where they can’t be spent, citing a family crisis and exhaustion.