In a rapidly evolving cryptocurrency landscape, Cardano has managed to capture attention after a notable rebound from its 20-day moving average. This upward momentum, while promising, also raises questions about its long-term sustainability and the realities behind its developer activity. Despite boasting the number one ranking in developer engagement, one must scrutinize what this truly
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Robinhood’s recent first-quarter results showcase a remarkable revival in retail cryptocurrency trading, with their crypto revenue ballooning to an impressive $252 million—an astounding doubling of figures from a year prior. This reveals not just a trend, but perhaps a fundamental shift in how everyday investors are starting to view the cryptocurrency landscape. Following a shaky
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In recent months, Ethereum (ETH) has been capturing the attention of investors, particularly institutional entities, indicating a significant shift in market dynamics. The newly surfaced Ethereum CrossX indicator is sparking excitement among enthusiasts, hinting at potential price surges struggling to break free from the chains of just over $1,800. This resurgence isn’t just a fleeting
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In a significant legal maneuver, Coinbase has filed an amicus brief with the U.S. Supreme Court challenging the IRS’s sweeping collection of cryptocurrency user data, asserting that it infringes on Fourth Amendment protections. This case is about much more than just one company fighting off government overreach; it represents a broader war over privacy rights
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The recent closure of the SEC’s inquiry into PayPal’s dollar-backed stablecoin, PYUSD, presents a pivotal moment within an industry grappling with regulatory anxiety. The SEC’s decision not to pursue enforcement action—disclosed in PayPal’s quarterly filing—underscores a surprising yet welcome flexibility in the regulatory landscape. For a sector accustomed to the weighty scrutiny of regulators, this
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