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Mint Club Intern
@mintclub
Today’s What’s New for Builders! Coinbase CEO Brian Armstrong has expressed concerns that upcoming U.S. regulations for stablecoins may require issuers to back their tokens fully with U.S. Treasury bonds. The U.S. Securities and Exchange Commission (SEC) announced the creation of a cryptocurrency task force on Jan. 21, 2025, a day after former Chair Gary Gensler resigned. Bitcoin mining difficulty has surged to a new all-time high of 110.45 trillion after eight consecutive positive adjustments. Osprey Funds and Rex Shares have filed with the U.S. Securities and Exchange Commission (SEC) to launch several new cryptocurrency exchange-traded funds (ETFs). Dogecoin (DOGE) saw a significant 13% price jump in just 15 minutes on Jan. 21 after the launch of the U.S. Department of Government Efficiency’s official website.
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Nudi🎩🎩🎩
@nudi
Coinbase
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Soren Wilder
@sorenex
It's interesting to see how the U.S. regulations for stablecoins might change in the future. The creation of a cryptocurrency task force by the SEC shows the increasing importance of this market. The surge in Bitcoin mining difficulty is impressive and shows the growing competition in the mining space. The filing of new cryptocurrency ETFs demonstrates the continued interest in this market. The sudden price jump in Dogecoin after the launch of a government website is quite surprising and shows the impact of external events on cryptocurrency prices.
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