updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life.
My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world.
I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments.
When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency.
Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets.
My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies.
Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people – people who make an impact in my life no matter how little it is.
One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I’m so good at it. I am also very good at singing, dancing, acting, fashion and others.
I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone’s life. I don’t chase illusions, I chase dreams.
I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I’m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top.
I aspire to be a boss someday, having people work under me just as I’ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.
Crypto exchange Coinbase Global Inc. has seen a major development in the ongoing investigation surrounding a $400 million security breach. As announced by CEO Brian Armstrong, the Indian Police have arrested a former agent involved in the Coinbase hack. Notably, the arrest follows the Coinbase data breach earlier this year, in which hackers bribed Coinbase’s
The post Brian Armstrong Praises Indian Police for Arresting Ex-Agent in $400M Coinbase Hack appeared first on CoinGape.
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Cardano founder Charles Hoskinson has suggested Coinbase CEO Brian Armstrong as a top candidate for the proposed crypto policy role in Donald Trump’s second administration.
In a Nov. 20 post on X, Hoskinson outlined key qualifications for a “Crypto-Czar,” emphasizing neutrality, collaboration across protocols, and a firm grasp of crypto’s unique value. He also criticized the current administration’s regulatory missteps in the sector.
Hoskinson argued that Armstrong’s leadership at Coinbase makes him an ideal fit. Under Armstrong’s guidance, Coinbase became the largest crypto exchange in the US and one of the first publicly traded crypto companies.
Hoskinson highlighted Armstrong’s resilience in navigating the government’s regulatory challenges and pointed out his ability to unite the industry and spearhead legislative progress. He stated:
“Coinbase has grown into one of the pillars of crypto and has had to endure the unfair tactics of a government committed to regulation through enforcement. I know [Armstrong] could build a broad tent coalition to bring the industry together and help us get the government rallied behind real action including passing new laws.”
While Hoskinson praised Armstrong’s credentials, crypto community members suggested other candidates, such as pro-XRP attorney John Deaton, for the role.
Meanwhile, Hoskinson also detailed his plans to support legislative efforts for the crypto industry.
Drawing from his experience in Wyoming, where he contributed to passing 31 crypto-focused laws, he aims to work closely with Congress to address federal overreach and establish regulations that attract traditional industries to blockchain.
In January, Hoskinson’s company Input Output‘s Policy initiative will launch “Operation Baseline,” a project to survey the US crypto landscape, identify inefficiencies, and propose actionable policies. He plans to share these findings with lawmakers and the new Crypto-Czar to ensure clear objectives for regulatory reforms.
Hoskinson stressed that collaboration within the industry is crucial to making the US the leading hub for crypto and blockchain innovation. He stated:
“The president’s goal is to make America the best place in the world to start and run a cryptocurrency and blockchain business. We as an industry have to come together to make that happen.”
Coinbase CEO Brian Armstrong recently extended respect to JPMorgan CEO Jamie Dimon despite their differing views on Bitcoin (BTC). Armstrong’s comments came in response to a thread by Cathie Wood of Ark Invest, where she critiqued Dimon’s derogatory remarks on blockchain technology and Bitcoin.
In response to Wood’s thread, Armstrong wrote, “Even if we don’t fully agree on Bitcoin, I have a lot of respect for Jamie as a CEO and have learned a lot from him. Actually, everyone I’ve met from JPM has been top-notch.” This unexpected praise for Dimon by the Coinbase CEO showed a rather thoughtful approach in the often polarized discussions in the crypto domain.
This comes after Dimon remained steadfast in his criticism of Bitcoin during a public appearance in Davos. He reiterated his personal advice to avoid BTC, attributing its use cases to “AML, fraud, sex trafficking, and tax avoidance.”
Furthermore, Dimon’s skepticism persisted as he advocated for regulatory measures, and expressed support for shutting down BTC during Congressional testimony. In addition, he also dismissed Bitcoin’s utility and labeled it as a mere “pet rock.”
Moreover, his anti-Bitcoin stance remained unchanged when asked about the recent green light to 11 Spot Bitcoin ETFs. Dimon noted that he doesn’t care about the recent approval of Bitcoin ETFs even though it was a historic moment for the crypto industry. Whilst, he also stated that this would be his last time speaking about BTC in public.
Also Read: Bitcoin ETF: Fierce Competition Between BlackRock And Fidelity As Volume Jumps
Cathie Wood, on the other hand, seized the opportunity to challenge Dimon’s recent characterization of BTC as a “pet rock.” In a recent post on X, she highlighted the impressive statistics laid out by Ark Invest’s team that support Bitcoin network’s strength. The data underscored the network’s record-breaking hash rate of 500 exahashes per second
In addition, Wood’s team provided the following points to emphasize the scale of this achievement:
Furthermore, Wood also shed light on Dimon’s earlier reputation as a tech-savvy CEO in 2004 with his current stance, playfully introducing him to Armstrong, which prompted the latter to respond to the thread. Her pointed remarks aimed to underscore the changing attitudes towards technology, particularly within the financial sector.
Also Read: Ark Invest Purges ProShares BITO & AMD To Buy 1 Bln ARKB Spot Bitcoin ETF
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The rise in Bitcoin price and the reduction in production quantity may offer Bitcoin some bullishness but also make it scarcer than gold.
The chief executive officer (CEO) of digital currency investment firm BKCM LLC Brian Kelly says that Bitcoin (BTC) will be more scarce than gold after the halving. Speaking to CNBC’s Fast Money, Kelly discussed the event expected in April this year, talking about the asset’s scarcity.
In his explanation, Kelly said historical data shows that Bitcoin performs best in the 12-16 months after a halving. However, he warned that Bitcoin may not repeat history this time because prices are higher, and production will halve. Explaining that this is advantageous for Bitcoin’s scarcity, Kelly said:
“This time might be different because the price of Bitcoin is higher [and] we now only have 900 Bitcoin a day that come out [and] that gets cut in half. It’s not a lot of Bitcoin. But, what it does do is it makes Bitcoin more scarce than gold. So, for the first time in history, you have an asset that is more scarce than gold.”
Kelly explains the scarcity using Bitcoin’s stock-to-flow (S2F) ratio, a model created by popular BTC analyst PlanB. The ratio is calculated by dividing Bitocin’s circulating or existing supply by annual production. Kelly points out that compared with gold’s S2F, Bitcoin will become more scarce.
Bitcoin already set a new 2023 all-time high (ATH) on Monday when it hit $42,100. As of this writing, BTC is already at $43,707, climbing 5% in 24 hours and more than 14% in seven days. Interestingly, there are similar gains in Ether (ETH) and Solana (SOL). While ETH has jumped over 10% in seven days, SOL climbed nearly 7% in 24 hours.
Bitcoin’s rise may be tied to the possibility of the United States Securities and Exchange Commission (SEC) approving a spot Bitcoin ETF in January. The SEC has met with representatives from several ETF applicants, including Grayscale and BlackRock, to discuss their ETF applications. Even though the Commission has repeatedly delayed a decision on approval or rejection, the general consensus is that an approval is very likely. An approval would be interesting because SEC Chair Gary Gensler is a very vocal critic of cryptocurrencies who seems to be behind a lot of the enforcement action happening in the crypto space. The SEC has also avoided approving any proposals received over the last decade, citing fraud and market manipulation as concerns to be addressed.
Bitcoin has so far returned 163% in year-to-date (YTD) gains. The rally in the world’s largest cryptocurrency may be spreading into gold as it is also attracting investors. Buyers usually flock to gold during times of economic or geopolitical uncertainty, which sometimes pumps the price of the yellow metal. On Sunday, the price of gold briefly hit $2,100, a new all-time high. Although it has now fallen below $2,050, analysts believe that gold might be able to keep its price above $2,000.
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