TheFutureParty
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Fulfilling a campaign promise, President Donald Trump signed an executive order to establish a government reserve of Bitcoin and a separate reserve for other cryptocurrencies. The Big Picture: President Trump has positioned himself as very pro-crypto in his second term, appointing tech entrepreneur David Sacks as crypto czar, directing his administration to drop lawsuits against exchanges, hosting a […]
Memecoins — the crypto offerings that are simply pure financial speculation masked as a joke — are set to have their heyday this year as digital gambling isn’t just accepted but encouraged. The Big Bet: The crypto industry is at a crossroads. While the new presidential administration supports the technology, and bitcoin excites investors by surpassing $100,000, memecoins […]
As bitcoin continues to soar in value, many in government, including the president-elect Donald Trump, are angling to make the top crypto a part of the national reserves. The Big Bet: The incoming Trump administration is far more accepting of the crypto industry than Biden’s, which could give the industry a more prominent seat at the policy […]
The Future. On the heels of FTX’s Sam Bankman-Fried’s fraud trial, the next biggest leader in crypto is facing his own reckoning. Changpeng “CZ” Zhao, CEO of the biggest crypto exchange in the world, is stepping down after being found guilty in US court for money laundering. While there are still people who unwaveringly believe […]
NFTs enter the Dark Ages
OpenSea closes the door on artist royalties
SEC Chair Gary Gensler is getting serious about reigning in the wild world of crypto.
Volatile memecoins might doom an industry that badly needs an image rehabilitation.
As more people suffer significant losses on NFTs, they’re putting the blame on celebrities who encouraged them to invest in the virtual assets.
Despite a rush to take advantage of low taxes and loose regulations in Texas, crypto miners (Bitcoin mainly) have faced a tougher economic environment and have stalled on their plans to build out mining facilities.