The founders of Andreessen Horowitz (a16z), Ben Horowitz and Marc Andreessen, recently spoke out about the challenges faced by the crypto industry under the current administration. They openly criticized the Biden-Harris Administration’s handling of the cryptocurrency sector, pointing out a series of regulatory issues that they believe are hindering innovation and growth in the industry.
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In a significant milestone towards closure for the victims of the infamous 2014 Mt. Gox hack, crypto exchange Bitstamp has announced that it has initiated the process of returning recovered digital assets to creditors. This marks a long-awaited step towards reimbursing those affected by one of the most devastating incidents in the history of cryptocurrency.
The Russian State Duma recently approved a bill that legalizes Bitcoin mining and allows the use of cryptocurrency for international trade. The passing of this bill marks a significant shift in Russia’s approach to digital assets and currencies, aiming to enhance trade relations and challenge global regulatory norms. The new legislation establishes a regulatory framework
Aayush Jindal, a distinguished figure in the financial markets sphere, boasts a remarkable track record spanning over a decade. From his formative years, Aayush demonstrated a knack for unraveling intricate systems and patterns, foreshadowing his future success in the fields of Forex and cryptocurrency trading. His insatiable curiosity for understanding market dynamics propelled him on
Aayush Jindal is a well-respected figure in the financial markets, with over 15 years of experience in Forex and cryptocurrency trading. His journey to success began at a young age, where he displayed a natural talent for understanding complex systems and patterns. Over the years, Aayush honed his skills in technical analysis and chart interpretation,
The price of Bitcoin has been experiencing a period of struggle as it fails to surpass the $68,500 resistance zone. This resistance has proven to be a significant hurdle for BTC, causing it to correct its gains and potentially decline further below the $65,500 support zone. The correction wave began from the $68,500 resistance zone,
Ethereum price has recently faced challenges in continuing its upward momentum, failing to break above the $3,500 resistance zone. After correcting gains, ETH is currently consolidating in a range above the $3,400 level. The price is now trading below $3,480 and the 100-hourly Simple Moving Average. A key declining channel is forming with resistance at
Scott Matherson is a widely known figure in the crypto industry, recognized for his insightful writing and ability to simplify complex topics for readers from all walks of life. With a background in industries such as banking and investment, Scott brings a unique perspective to the world of cryptocurrency. His dedication to clarity and accuracy
In the wake of a significant exploit that resulted in the loss of nearly half of its assets, India-based centralized exchange WazirX is actively seeking partnerships to restore full operations. The exchange’s co-founder, Nischal Shetty, took to social media to share the news with users, stating that they are working on a solution to help
In a unanimous decision, the United States House of Representatives passed the Financial Technology Protection Act, signaling a significant step in the fight against illicit activities and terrorism financing through digital means. This bill, introduced by Representative Zach Nunn, aims to establish a governmental working group to address these issues effectively. The proposed working group