Citadel Securities, ever the concerned babysitter, urged the SEC to step in before DeFi turns into a crypto Lord of the Flies scenario. Their argument? Smart contracts that match buyers and sellers are “basically exchanges,” which would make their creators “technically broker-dealers.” Next they’ll say breathing is “technically” a regulated activity. 🚬
This duality, my dear reader, is not merely a contradiction-it is a spectacle, a ballet of interests where the steps are choreographed by the almighty dollar. The divide between the compliant and the decentralized grows wider, like the steppes of Russia, vast and unforgiving. 🌾
BeInCrypto a analysé trois altcoins que les baleines crypto achètent en ce moment. 🐟
Maxim Oreshkin, a gentleman of considerable influence and the President’s top economist, has recently expressed a most daring opinion: the digital assets, commonly known as Bitcoin, are not mere fanciful additions to the financial stew but are indeed an integral ingredient-so much so that they should be counted in the official balancesheets! Yes, dear reader, Bitcoin is declared a “hidden export.” Fancy that, a secret treasure trove, hidden in the very digital vaults of the internet, much like Mr. Darcy’s most clandestine dalliances. 💰🕵️♂️
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Uniswap’s Hayden Adams roasted Citadel so hard, Ken Griffin’s probably Googling “how to unexist” rn. 🔥 Because when you’ve spent decades rigging markets, open-source tech must feel like a middle finger to your Rolodex. 🖕
Ripple’s growing presence in the institutional world is turning up the heat, sparking hopes that this week could mark the dawn of a new bullish era for XRP. Especially since exchange reserves seem to be dropping faster than your favorite TV series’ ratings after the first season.
They claim this new “configuration”-which is a fancy word for “less reckless spending”-makes things “less fragile.” That’s investor-speak for “Hopefully, we won’t all wake up one morning to find Bitcoin playing hide and seek again.”
But hey, who’s surprised? Citadel’s just another hedge fund trying to keep the old boys’ club alive. “We’re not against innovation!” they say. Sure, because nothing says “innovation” like demanding every crypto project follow the same rules as a 1920s stock exchange. 📉
Folks are sayin’ it looks like this Arbitrum [ARB] might be findin’ a bottom. Network activity, too, is pickin’ up steam. Though whether that’s genuine excitement or just folks tryin’ to catch a fallin’ knife is anyone’s guess. 🤷♂️
