Investors still waiting on $1.9M refund Logan Paul promised 6 months ago: Coffeezilla

Coinbase Will Be Fidelity's Surveillance Partner for Bitcoin ETF, Refiled Application Says

Bitcoin Rises. It's Up 85% In First Six Months of 2023.

The biggest trap in the world of cryptocurrencies is to excessively diversify your positions. - You know what I mean, right? I have encountered various people who want to show me their portfolio to "confirm" if their purchases were "correct." What I can definitely see is that they have spread ... See More their money across many different currencies. Sometimes, I have even seen more than 30 different currencies, with 10 or 20 dollars in each.

Do you know where the trap lies in this strategy? If one of these currencies gains double or triple its value, someone might say, "Well, it's just 30 dollars!" But if those dollars had turned into 100 and then into 300 dollars, I doubt they would say the same thing, right?

What I'm trying to say is that regardless of the number of currencies you have, the profits are not apparent and ultimately disappear. Moreover, with so many projects, you can't stay updated on everything. So, what exactly do you do? Do you throw your money around and see what sticks?

Hold a few, but well-selected projects so that you can stay informed about the developments and, in the end, have visible profits that show you when to take profit! ✌🏼

Coffeezilla / Logan Paul's scam isn't over

Gary Gensler must disqualify himself from crypto enforcement decisions

Litecoin (LTC) Price Crosses $100: Targets $130 Mark 🔥

Growing Crypto Adoption among German Millennials

Sometimes you gotta remind yourself that crypto won't be the solution to every problem in the world. - I have seen this in comments regarding a lot of "problems" that are highlighted by news posts or opinion pieces here in this sub. Like the issues with certain economies or the ... See More US inflation or anything else that might be going wrong in the world which is even slightly related to crypto.

And the comments usually seem to parrot the same thing.

"Crypto can fix this!"

We're all big on crypto and its possibilities, that's why we're here, but let's try to remember the limitations it has and not just praise it endlessly like a cult and offer it as a solution to literally everything, from inflation to world hunger to curing cancer.

As a small example with the US inflation thing, how exactly would crypto be able to "solve" that, other than give a certain number of people a way out of dealing with it while others inevitably suffer the effects nonetheless? Remember, crypto is a zero sum game in some regards.

Coinbase offering 4% yield on USDC held by customers, rivaling major banks

I have a theory that the biggest financial institutions are trying to replace Cryptocurrency Native companies - Today I wear a tinfoil hat but it’s not entirely unfounded. Here’s what I’m basing my theory on.

In the last month we’ve had literally the biggest Hedgefund managers on the market aggressively ... See More filing for Bitcoin ETFs like they’re running out of fashion.

Previously the SEC started attacking the cryptocurrency industry as a whole, with a particular focus on the biggest Crypto Exhanges - Binance and Coinbase. Adding to that, Binance has been struggling to get the appropriate licences to continue to operate in several territories in Europe and has announced to completely retreat out of Netherlands. They offer a limited service in other European countries. The Binance U.S and Coinbase in the US situation is still unclear.

Biden announced he’ll be going after “crypto loopholes” - whatever that means but I’m adding here because it fits the theory.

The EU and UK are progressing their digital currency programs and there are many talks about CBDCs in the US.

It seems that there is a concerted effort to push out the big crypto native players such as Coinbase and Binance, and make space, by kicking, screaming and shoving for the old financial system that has been in control up until now.

What it looks like to me is that Old Money is afraid to lose control and is trying to cannibalise New Money.

Call me paranoid but it’s kind of wild that all of these things are happening in parallel. Like, when’s the last time you heard of a proposal or regulation that benefits crypto native companies?

Just because we’re paranoid, that doesn’t means they’re not out there to get us.

What Is a Bitcoin ETF, and Why Does Everyone from Blackrock to Fidelity Want One?

Cathie Wood’s Ark Amends Bitcoin Spot ETF Application To Copy BlackRock - Cathie Wood’s ARK Invest has amended its Bitcoin Spot ETF filing to include a new surveillance sharing agreement, taking cues from the filing presented by investment giant BlackRock earlier this month.

Fidelity officially files for spot Bitcoin ETF

SEC Has No Jurisdiction Over Cryptos on Coinbase's Platform, Exchange Claims in Response to Regulator's Lawsuit