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stephenyun62

@stephenyun62

200 Following
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abrahamla088
@abrahamla088
“Celsius counters that the original proofs of claim were sufficient to put the debtors on notice of alleged avoidance claims, and at a minimum constitute protective proofs of claim sufficient to meet the requirements of the Bankruptcy Code,” the filing read.
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r90280790
@r90280790
As we rapidly approach the quarter-mark of the 21st century, it is hard to play down the effects of global digital migration on our lives. Many areas of life and society are conducted at least in part — and sometimes entirely — online.
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jonesaria357
@jonesaria357
While Web3 offers numerous advantages, it also raises significant concerns and unresolved questions — chief among them being the imbalance of power between creators and consumers.
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c97332458
@c97332458
If developed correctly, memecoins, otherwise known as “community” or “culture” coins, present a key tool for achieving this. While frequently lacking traditional utility, memecoins are usually designed exclusively to serve the communities they emerge from.
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miohnson09882
@miohnson09882
The key to overcoming crypto manipulation from a small group of bad actors is to develop memecoins underpinned by community-empowering infrastructures, including decentralized autonomous organizations (DAOs) — an organizational structure with no central governing body.
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emilymiller08177
@emilymiller08177
Whether it be a small group of African entrepreneurs looking to build a liquidity pool or a group of residents in Ohio raising funds for a school, the power of digitally administered democracy is the global breakthrough that will redefine the current state of crypto and finance, and this momentum and support will only continue under US President-elect Donald Trump’s administration.
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brown89241
@brown89241
The bullish BTC and ETH price projections reflect “an unprecedentedly favorable regulatory environment for cryptocurrencies, a supportive macroeconomic climate marked by declining interest rates and improved liquidity, and the historically strong post-Bitcoin-halving performance,” the report said.
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garfilde6161
@garfilde6161
This will usher in a broader alternative cryptocurrency — or “altcoin” — season in 2025, with Bitcoin dominance dropping from its current levels of nearly 57% to around 45%, according to the report.
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Rose
@layagv98776
Steno’s prediction is “partly based on the argument that Donald Trump’s U.S. presidential victory is more favorable for altcoins than for Bitcoin.”
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sheelen10
@sheelen10
Trump’s presidency “encourages more robust onchain activity, which benefits altcoins such as Ethereum and Solana significantly,” Steno said.
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Birose159
@birose159
Expect the total value locked (TVL) in decentralized applications to top $300 billion in 2025, far surpassing 2021’s highs of approximately $180 billion, according to the report.
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Eleonidas950
@eleonidas950
Grayscale cited the warming US policy environment as a key factor. Trump has promised to appoint industry-friendly leaders to key regulatory agencies and make the US “the world’s crypto capital.”
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Dazen459
@dazeng459
“In the US, with Trump’s victory, I am aggressively bullish on the US becoming a global leader in the space by the end of the year,” Raj Brahmbhatt, CEO of Web3 settlement company Zeebu, told Cointelegraph in December.
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Louseimin
@louseimin
Less than a month before a new United States presidential administration and Congress are set to be sworn into office, many figures in the digital asset industry are speculating the change in leadership could lead to more favorable regulations and laws.
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oplsickness
@oplsickness
For some executives, any change in policy from the US government could be apparent through actions from the Securities and Exchange Commission. Under SEC Chair Gary Genser and his predecessor Jay Clayton, the commission filed several enforcement actions against US crypto firms over allegations of unregistered securities offerings, including against Ripple and Coinbase.
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heryyelous
@heryyelous
Ripple is currently appealing an August 2024 judgment in its case against the SEC, which found the firm liable for $125 million.
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stephenyun62
@stephenyun62
Others like Coinbase chief legal officer Paul Grewal seemed to support the implications on the SEC for the US Supreme Court overturning the Chevron doctrine in 2024. The June opinion removed the practice of courts generally deferring to agencies’ interpretations of laws and regulations and required them to “exercise their independent judgment,” suggesting that judges could modify their approach to SEC cases involving digital assets.
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stephenyun62
@stephenyun62
Others like Coinbase chief legal officer Paul Grewal seemed to support the implications on the SEC for the US Supreme Court overturning the Chevron doctrine in 2024. The June opinion removed the practice of courts generally deferring to agencies’ interpretations of laws and regulations and required them to “exercise their independent judgment,” suggesting that judges could modify their approach to SEC cases involving digital assets.
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garfilde6161
@garfilde6161
Today in crypto, Australian computer scientist Craig Wright was given a one-year suspended sentence for contempt of court, Bitcoin miner Hut 8 announced a $100 million purchase of BTC, increasing its holdings to over $1 billion, and Bitcoiners and critics clashed over whether BTC’s 21 million fixed supply is truly guaranteed.
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Rose
@layagv98776
According to Judge James Mellor, Wright violated a court order when he filed additional lawsuits against Bitcoin developers. He faces 12 months in prison, suspended for two years, after the judge found five counts of contempt of court. Wright was also ordered to pay a fine worth roughly $180,000.
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