TL;DR Breakdown Florida Governor Ron DeSantis has officially made a notable promise to “protect” Bitcoin if elected.  DeSantis expressed his commitment to preserving the ability to engage in activities related to Bitcoin. The governor also alluded to the ongoing jurisdictional battle involving the Securities and Exchange Commission (SEC) and cryptocurrencies. Florida Governor Ron DeSantis has officially announced his candidacy for the 2024 United States presidential election, and he has made a notable promise to “protect” Bitcoin if elected. During his announcement, which was live-streamed on Twitter and moderated by venture capitalist David Sacks, Elon Musk, the CEO of Twitter, joined DeSantis and approximately 520,000 live listeners. DeSantis expressed his commitment to preserving the ability to engage in activities related to Bitcoin, acknowledging that there are risks involved but emphasizing that those interested in the cryptocurrency are sophisticated and capable of making their own decisions. He criticized the politicians in Washington, referring to them as “central planners” who desire control over society, suggesting that their aversion to Bitcoin stems from their inability to manipulate or regulate it. According to DeSantis, these…

TL;DR Breakdown Florida leads the way: Governor Ron DeSantis spearheads legislation banning CBDCs in the state, becoming the first in the US to take a stand against these digital currencies. Privacy and control at stake: DeSantis warns that CBDCs could enable surveillance and grant central authorities unprecedented control over citizens’ financial habits. Florida Governor Ron DeSantis has emerged as a leading voice in the debate surrounding Central Bank Digital Currencies (CBDCs) in the United States. In a groundbreaking move, Florida became the first state to pass legislation banning the use and issuance of CBDCs, signaling Governor DeSantis’s determination to protect the financial freedom and privacy of the state’s citizens.  Speaking in a recent Twitter Spaces discussion, Governor DeSantis criticized the Biden administration’s plans, warning of potential surveillance and control that CBDCs could bring. With concerns echoed by the cryptocurrency community, the opposition to CBDCs highlights the underlying tensions between centralized and decentralized financial systems. This article delves into Governor DeSantis’s arguments against Central Bank Digital Currencies, the implications of Florida’s legislative action, and the wider implications for the future of…

TL;DR Breakdown Polkadot price analysis shows a bearish trend today. Resistance for DOT/USD is present at $5.40. Support for DOT/USD is present at $5.15. The current outlook for Polkadot price analysis remains bearish as the market witnessed another significant decline today. The price levels have plunged to $5.24, displaying a consistent downward trend since yesterday, when bears seized control and shifted the momentum in their favor. Today, the bears have continued to dominate, extending the ongoing downtrend. There are anticipations of further price drops in the forthcoming hours, adding to the overall bearish sentiment. DOT/USD 1-day price chart: DOT’s loss deepens by 1.50 percent amid ongoing bearish pressure The 1-day Polkadot price analysis indicates a resumption of the downtrend, with bears regaining their momentum following a temporary reprieve. The cryptocurrency’s value has once again started to decline, reaching a low of $5.24 and experiencing a loss of over 1.50 percent. This downward trend aligns with the previous week’s performance, where the coin witnessed a four percent decrease in value over the past seven days. However, there is a silver lining,…

TL;DR Breakdown U.S. law enforcement, in collaboration with the Binance Investigations team, successfully seized $4.4 million and froze accounts associated with North Korean organized crime. The operation, conducted in compliance with lawfully served warrants, highlights the commitment of authorities to safeguarding financial systems. In a significant victory against North Korean organized crime, the United States law enforcement, in conjunction with the Binance Investigations team, successfully seized $4.4 million and froze several accounts linked to illicit activities. This noteworthy accomplishment highlights the unwavering commitment of both law enforcement agencies and the cryptocurrency exchange in combating crime on a global scale. The operation, conducted in compliance with lawfully served warrants and through robust collaboration with authorities, underscores the effectiveness of proactive measures taken over a year ago. Contents hide 1 Joint Efforts Yield Fruitful Outcomes and Disrupt Criminal Networks 2 Upholding the Law, Promoting Global Security, and Safeguarding Financial Systems 3 Collaboration between government agencies and private sector entities 4 Conclusion Joint Efforts Yield Fruitful Outcomes and Disrupt Criminal Networks The collaborative efforts between U.S. law enforcement and the Binance Investigations team…

TL;DR Breakdown Shaquille O’Neal has been served with class-action lawsuits over his alleged promotion of the bankrupt exchange FTX and his involvement in the Astrals NFT project. The lawsuits claim O’Neal misled investors and violated securities regulations, with process servers managing to serve him during an NBA game. Former basketball star Shaquille O’Neal has recently found himself at the center of legal controversies. Process servers have been attempting to serve him with a class-action lawsuit regarding his alleged promotion of FTX, as well as a new lawsuit claiming he founded and endorsed a Solana-based nonfungible token (NFT) project called Astrals. Surprisingly, the process servers were able to reach O’Neal during an NBA playoff game at the Miami sports stadium, formerly known as FTX Arena. This article explores the details of the lawsuits, the allegations made against O’Neal, and the potential implications for the former basketball star. Contents hide 1 The FTX Class-Action Lawsuit, Allegations, and Background 2 The Astrals NFT Lawsuit, Allegations, and Details 3 Implications and Potential Outcomes: 4 Conclusion The FTX Class-Action Lawsuit, Allegations, and Background Shaquille O’Neal…

TL;DR Breakdown The Liquity price analysis is bullish today. Resistance for LQTY is present at $1.41. Support for LQTY is present at $1.12. The current Liquity price analysis points towards an upward trend in the cryptocurrency today. Despite encountering bearish resistance in the previous day, the bulls have successfully propelled the price to $1.25 within the last four hours. The presence of a green candlestick signifies a renewed increase in the coin’s value following a sudden dip. Hourly price predictions align with these market trends for LQTY/USD, showcasing upward movement over the past four hours after a brief crash towards $0.93 that occurred within a five-minute timeframe. However, the token swiftly recovered from this dip. It’s important to note that resistance lies at the $1.41 level, potentially reintroducing selling pressure. LQTY/USD 1-day price chart: A resurgence of bullish sentiment sparks renewed market activity In the realm of one-day Liquity price analysis, positive developments emerge for cryptocurrency buyers, as the price exhibits significant recovery throughout the day. At the time of writing, the coin is trading at $1.25, and there are…

TL;DR Breakdown Aptos price analysis shows a bearish trend The support level for APT is present at $8.00 The resistance level is present at $98.55 The latest Aptos price analysis shows that the Bears have successfully secured the winning seat once again. The market has been following a strong bullish trend for the past week, intensifying the bullish momentum. But now, it seems that the selling momentum is recharging as the cryptocurrency experienced a loss in its market value up to $8.13 extreme. The market cap plummeted 3.63 percent to $1,607,803,008 due to the latest price drop. However, the 42.88% increase in 24-hour trading volume to $108,953,713 suggests that buyers are trying to accumulate Aptos at the current levels, which could support APT’s price. Furthermore, with the firm buying support at lower levels, the bulls may attempt to capitalize on it and increase the price. Aptos price analysis 1-day price chart: APT travels low as selling momentum renews The one-day Aptos price analysis gives a negative hint regarding the ongoing market trends, as a decline in coin value has been…

Coinbase’s L2 network is gearing up for mainnet launch 1/ Base is gearing up for mainnet with safety and security as top priorities. Today, we’re excited to share our launch criteria! Reminder: Base has no plans to issue a network token.https://t.co/eRarQ4QzK8 — Base 🛡️ (@BuildOnBase) May 24, 2023 2/ Since our testnet launch, we’ve been overwhelmed by the response and the incredible projects that are being built on Base. We can’t wait to see more builders join teams like @blackbird_xyz @thirdweb @ParallelTCG & @oakcurrency who are showing what’s possible onchain. pic.twitter.com/ExM4egKmfz — Base 🛡️ (@BuildOnBase) May 24, 2023 3/ The Base testnet has been live since 2/23 and we’ve been diligently working towards mainnet. This includes auditing our codebase and infrastructure, load testing for scalability, supporting @optimismFND’s upgrade to Bedrock, and ensuring a top-notch developer experience. — Base 🛡️ (@BuildOnBase) May 24, 2023 4/ As we approach mainnet, we’ve defined a set of criteria that will unlock our launch: ✅ Successful testnet Regolith hardfork✅ Successful infra review with @OPLabsPBC 🕐 OP Mainnet upgrade to Bedrock🕐 Completion of audits with no…

Contents hide 1 China’s Central Television network just broadcasted the news that Hong Kong supports crypto 2 Over the last 3 hours, more than half of the Bitcoin blocks have been solved by an “unknown” miner 3 Bitcoin’s Sell-side Risk ratio is approaching all-time lows 4 Do Kwon’s bail has been revoked 5 Hong Kong to allow retail investors to access licensed crypto exchanges 6 Japan plans to implement stricter anti-money laundering measures to track crypto from June 1 7 Big move incoming for BTC 8 ETH 2% Market Depth has recovered since the FTX collapse 9 Elon Musk warns investors not to ‘bet the farm on Dogecoin’ 10 OKX is aggressively applying for licences globally to make the CEFI business fully regulated 11 Money launderers and terrorists prefer fiat currencies over cryptocurrencies 12 USDT makes a bear market comeback with the total supply near all-time highs China’s Central Television network just broadcasted the news that Hong Kong supports crypto JUST IN: 🇨🇳 China’s Central Television network just broadcasted the news that Hong Kong is allowing retail investors to buy…

TL;DR Breakdown Avalanche price analysis shows a downtrend today. AVAX has lost 4.00 percent in the past 24 hours. Support for AVAX is located at the $14.00 level. Avalanche price analysis shows a  bearish momentum in the market for AVAX, with the price dropping toward $14.00. The bears have taken over since yesterday’s high at $14.72, and the market continues to decrease in value. As of writing time, AVAX is exchanging hands at $14.12, down 4.00 percent. AVAX has established support at the $14.00 level, which is expected to offer buyers an opportunity to enter the market at a discounted price and possibly extend its gains in the future. However, if the bears can keep up their momentum, AVAX may break below this level and head toward its next support at $13.00. On the upside, the bulls will have to overcome strong resistance levels of $14.71 and $15.00 if they want to take control of the market. Unless buyers can push past these levels, AVAX will likely remain rangebound between $14.00 and $15.50 in the near term. AVAX has a…