Mindblown: a blog about philosophy.
The Crypto Market Navigating through Turbulence: A Critical Analysis
The recent turbulence in the crypto market, particularly for Ethereum, has been exacerbated by Peter Schiff’s stark prediction that the price of ETH could plummet to as low as $1,500. This projected decline comes at a time when Ethereum is already trading below the crucial support level of $3,000, representing a significant 30% fall from…
Former Solicitor General Accuses US Regulators of Stifling Crypto Industry
Former Solicitor General Donald B. Verrilli, who now works as the senior legal strategist for Grayscale Investments, has voiced concerns about US regulators intentionally stifling the growth of the crypto industry through debanking practices. He, along with former Solicitor General Paul Clement, filed a joint amicus brief pointing out the regulatory challenges faced by digital…
The Rise of Taiwan Mobile in the Crypto Market
Taiwan Mobile, the second-largest telecom operator in Taiwan, has recently made a significant move by applying for a license to operate as a Virtual Asset Service Provider (VASP). The company has been listed as the 26th VASP by the Financial Supervisory Commission, highlighting its compliance with Money Laundering Prevention Laws. Lin Zhichen, the General Manager…
Revolutionizing Retro Gaming with RETROBLOCK
RETROBLOCK is not your average gaming platform. It aims to take retro gaming to a whole new level by combining elements of competition, interaction, and rewards. The upcoming launch of the Synth City Genesis NFT Collection is set to introduce 1001 unique items that will bring various archetypes to life in a dystopian retro universe.…
The Future of Gaming: Double Jump.Tokyo’s Partnership with Ubisoft
In an exciting development for the gaming industry, Double Jump.Tokyo, a prominent blockchain application developer in Japan, has recently revealed a groundbreaking partnership with Ubisoft. This collaboration is set to revolutionize the landscape of web3 integration and marketing strategies, particularly within the Asian market. Ubisoft’s highly anticipated web3 game, Champions Tactics: Grimoria Chronicles, will be…
The European Banking Authority Updates Travel Rule Guidelines for Crypto Service Providers
The European Banking Authority (EBA) recently made an important update to its Travel Rule guidelines, extending the scope to include crypto service providers and intermediaries. As of Dec. 30, 2024, all crypto exchanges operating within the European Union will be required to adhere to the Travel Rule guidelines outlined in EU-2023/1113. This rule mandates that…
The Critical State of Ethereum: A Closer Look at the Recent Price Decline
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been experiencing a significant price decline in the past week. The price has dropped by 9%, bringing it down to the $3,130 level. This decline has raised concerns among market participants as they closely monitor the situation. Crypto analyst “Inspo Crypto” has pointed out that Ethereum’s…
The Cryptocurrency Market Bleeding Out: A Closer Look
The recent drop in the cryptocurrency market saw the total capitalization plummeting to $2.07 trillion, marking an 8.6% decrease in just 24 hours. Among the digital assets affected by this downward trend, the primary cryptocurrency, Bitcoin, took a significant hit as its price fell below $54,000 for the first time since February. This downfall had…
The State of Bitcoin: Analyzing Key Factors Behind Recent Price Plunge
The recent significant drop in Bitcoin’s price has been attributed to the impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox. This has caused market anxiety as this amount represents 0.68% of the total Bitcoin supply and is slated for distribution among the creditors of the exchange. Large transfers have already been…
The Delayed Approval Process for Spot Ether ETFs
Bitwise, an asset management firm, recently made changes to its S-1 registration with the United States Securities and Exchange Commission (SEC) in order to list and trade shares of a spot Ether exchange-traded fund (ETF). This move comes after SEC Chair Gary Gensler’s announcement that approvals for spot Ether ETFs could potentially be finalized by…
The Launch of MEMEMEXTUSDT Basket Index Perpetual Swap Contract: A Game-Changer for Crypto Traders
The Seychelles-based derivatives exchange, BitMEX, has recently introduced a groundbreaking product called the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. This new offering is set to revolutionize the way traders can gain exposure to meme coins in the crypto market. The MEMEMEXTUSDT Basket Index Perpetual Swap Contract is being hailed as the “S&P500 for crypto meme…
Unraveling the Enigma of Samuel Edyme – HIM-buktu: A Deep Dive into the Mind of a Crypto Content Writer
Samuel Edyme, famously known by his nickname HIM-buktu, is a multifaceted individual in the world of web3 content creation, journalism, and trading. His writing prowess and ability to identify trends have led him to contribute to various prominent platforms such as AMBCrypto, Blockchain.News, and Blockchain Reporter. However, Edyme’s entrance into the realm of cryptocurrency was…
The Future of Crypto Regulation in South Korea
South Korea’s Financial Supervisory Service (FSS) has unveiled plans to increase supervision of cryptocurrency trading platforms within its jurisdiction. The aim is to crack down on fraudulent transactions and ensure the integrity of the crypto market. The regulator’s recent announcement requires local exchanges to implement a continuous monitoring system for detecting unfair transactions and report…
The Future of Bitcoin: Expert Analysis and Predictions
Cryptocurrency expert Michael van de Poppe has recently pointed out a key indicator that hints towards a potential bounce for Bitcoin from its current price level. Following Bitcoin’s decline below $60,000, Van de Poppe mentioned in a social media post that Bitcoin’s CME gap has now closed, signaling a possible relief bounce for the crypto…
Got any book recommendations?
