hodler

29 Mar 2026, 23:00

DeFi stops the liquidation leak: Protocols reclaim billions lost to MEV bots

Aave’s SVR turns liquidation flows into revenue, raising questions about sustainability.

29 Mar 2026, 22:55

Bitcoin Price Plummets: BTC Falls Below $66,000 Amid Market Pressure

BitcoinWorld Bitcoin Price Plummets: BTC Falls Below $66,000 Amid Market Pressure Global cryptocurrency markets witnessed a significant downturn on April 10, 2025, as the price of Bitcoin (BTC) fell decisively below the $66,000 threshold. According to real-time data from Bitcoin World market monitoring, the premier digital asset was trading at $65,863.69 on the Binance USDT perpetual futures market at the time of reporting. This price movement represents a notable shift from recent trading ranges and has captured the attention of investors and analysts worldwide. The drop below this key psychological level often triggers automated sell orders and can influence broader market sentiment across the entire crypto asset class. Bitcoin Price Action and Immediate Market Context The descent below $66,000 marks a critical juncture for Bitcoin’s short-term trajectory. Market data reveals that selling pressure intensified throughout the Asian and early European trading sessions. Consequently, the move breached several technical support levels that traders had been closely watching. Furthermore, this decline follows a period of relative consolidation, where Bitcoin struggled to maintain momentum above the $68,000 resistance zone. Trading volume spiked significantly during the drop, indicating strong participation from both retail and institutional players. Typically, such high-volume moves establish new support and resistance zones for future price discovery. Several concurrent factors in traditional finance may have contributed to the sell-off. For instance, a strengthening US Dollar Index (DXY) often creates headwinds for dollar-denominated assets like Bitcoin. Additionally, shifting expectations around central bank interest rate policies can reduce risk appetite among investors. The broader S&P 500 index also showed weakness in pre-market trading, suggesting a correlated risk-off sentiment across asset classes. This interconnectedness highlights Bitcoin’s evolving, albeit complex, relationship with macro-economic indicators. Analyzing Technical and On-Chain Indicators Technical analysis provides deeper insight into the market structure preceding the drop. The $66,000 level previously acted as a support floor during the asset’s climb in early 2025. A break below this level suggests a change in market structure from bullish to neutral or bearish in the near term. Key moving averages, like the 50-day and 200-day Exponential Moving Averages (EMAs), are now critical levels to monitor for potential support or resistance. On-Chain Data Reveals Holder Behavior On-chain analytics firms report specific changes in network activity. Data shows an increase in the movement of older coins, often referred to as “coin days destroyed.” This metric can signal long-term holders taking profits or moving assets. Conversely, the number of new addresses created on the network saw a slight dip, potentially indicating cooler retail interest. Exchange net flows, which track movements to and from trading platforms, showed a net inflow to exchanges. Historically, increased exchange inflows can precede selling pressure as holders move assets to liquidate positions. Key metrics to watch following this price move include: Realized Price: The average price at which all circulating Bitcoin was last moved. MVRV Ratio: Compares market value to realized value, signaling over/undervaluation. Funding Rates: In perpetual futures markets, negative funding can signal excessive bearish sentiment. Historical Volatility and Cycle Comparisons Bitcoin’s history is characterized by pronounced volatility. Pullbacks of 20-30% are common within broader bull market cycles. For context, the 2021 bull market experienced multiple corrections exceeding 25% before reaching its all-time high. Analysts often examine previous cycle data to gauge whether current movements align with historical patterns. The table below compares recent pullbacks with historical precedents. Period Peak Price Pullback Depth Recovery Time Q1 2023 $25,000 -18% ~4 weeks Q3 2023 $31,800 -22% ~6 weeks Q1 2025 (Current) $69,200 ~ -5% (from peak) TBD This historical perspective is crucial for investors. It demonstrates that volatility is an inherent feature of the asset class. Moreover, deep corrections have consistently provided accumulation opportunities for long-term believers in the network’s fundamentals. The current macroeconomic backdrop, however, presents unique challenges not present in prior cycles, such as global regulatory developments and the maturation of institutional investment vehicles like spot Bitcoin ETFs. Impact on the Broader Cryptocurrency Ecosystem Bitcoin’s price action invariably affects the entire digital asset market. As the largest cryptocurrency by market capitalization, it often sets the tone for altcoins. Following Bitcoin’s drop, major assets like Ethereum (ETH), Solana (SOL), and Cardano (ADA) also experienced declines, though with varying magnitudes. This correlation underscores Bitcoin’s role as a market bellwether. However, some analysts note that decoupling events, where altcoins move independently of Bitcoin, are becoming more frequent as projects mature and develop unique value propositions. The derivatives market also reacts sharply to these moves. Liquidations of leveraged long positions across exchanges can exacerbate downward momentum in a cascade. Data from Coinglass indicates that over $200 million in long positions were liquidated in the 24 hours surrounding the drop. Such events can create short-term oversold conditions, which sometimes lead to sharp, reflexive rallies. Options markets showed increased activity for put options (bearish bets) at strike prices below $65,000, reflecting trader hedging and speculation. Institutional Perspective and ETF Flows The launch of U.S. spot Bitcoin Exchange-Traded Funds (ETFs) has introduced a new dynamic. Daily net flows into these funds are now a critical gauge of institutional sentiment. A period of sustained outflows could signal waning institutional demand, potentially applying further selling pressure. Conversely, consistent inflows, even during price dips, would indicate strong conviction among professional investors. Monitoring these flows provides a clearer picture of demand beyond speculative futures trading. Conclusion The Bitcoin price falling below $66,000 represents a significant technical and psychological event for digital asset markets. This movement stems from a confluence of technical breakdowns, shifting macro sentiment, and leveraged market dynamics. While short-term volatility induces uncertainty, Bitcoin’s long-term narrative remains tied to its adoption as a store of value and its fixed monetary policy. Investors typically monitor key support levels and on-chain fundamentals to navigate such periods. The coming sessions will be crucial for determining whether this is a healthy correction within a larger trend or the beginning of a more sustained downtrend. As always, market participants are advised to conduct thorough research and consider their risk tolerance. FAQs Q1: Why did Bitcoin’s price fall below $66,000? The drop resulted from several factors including increased selling pressure, a break of key technical support levels, potential outflows from ETFs, and a broader risk-off sentiment in global markets linked to macroeconomic concerns. Q2: How low could the Bitcoin price go following this break? Technical analysts often look to previous consolidation zones and moving averages for potential support. Key levels to watch include the $64,000 area and the 50-day moving average, though market conditions can change rapidly. Q3: Does this price drop signal the end of the bull market? Not necessarily. Historical bull markets have frequently experienced sharp corrections exceeding 20%. The overall trend and fundamental drivers, like adoption and halving cycles, are more important than any single price move. Q4: Should I buy Bitcoin after this drop? Investment decisions depend on individual financial goals, risk tolerance, and time horizon. Some investors view corrections as potential buying opportunities, but it’s essential to research and never invest more than you can afford to lose. Q5: How does Bitcoin’s drop affect other cryptocurrencies? Most major cryptocurrencies (altcoins) are highly correlated with Bitcoin’s price movements in the short term. Therefore, a significant drop in BTC often leads to declines across the crypto market, though the degree varies by project. This post Bitcoin Price Plummets: BTC Falls Below $66,000 Amid Market Pressure first appeared on BitcoinWorld .

29 Mar 2026, 22:30

El Salvador’s Bitcoin Holdings Surge Past 7,600 in Bold National Treasury Strategy

BitcoinWorld El Salvador’s Bitcoin Holdings Surge Past 7,600 in Bold National Treasury Strategy El Salvador, the Central American nation that made history as the first country to adopt Bitcoin as legal tender, has significantly expanded its national cryptocurrency reserves. According to data from the Salvadoran Bitcoin Office reported by Wu Blockchain, the country’s Bitcoin holdings have now surpassed 7,600 BTC. This strategic accumulation, valued at approximately $506 million, marks a pivotal moment in the nation’s ongoing financial experiment. Consequently, global observers are closely analyzing the implications for sovereign wealth, monetary policy, and the broader cryptocurrency landscape. El Salvador’s Bitcoin Treasury Reaches a New Milestone The Salvadoran government currently holds 7,605 Bitcoin. This figure represents a substantial commitment to the digital asset class. President Nayib Bukele’s administration has consistently purchased Bitcoin through a dollar-cost averaging strategy. Therefore, the treasury’s value fluctuates with the volatile cryptocurrency market. For instance, the $506 million valuation is based on recent market prices. The government’s transparent reporting through its Bitcoin Office provides verifiable data for analysts. This accumulation strategy began in September 2021. At that time, the Legislative Assembly passed the Bitcoin Law. The law granted Bitcoin status as legal tender alongside the US dollar. Since then, the nation has made periodic, market-timed acquisitions. Furthermore, the government established a $150 million trust fund to facilitate conversions. Citizens can use the government’s Chivo Wallet for everyday transactions. This infrastructure supports the broader adoption goal. The Context and Strategy Behind the Accumulation El Salvador’s approach is not merely speculative. Officials frame it as a long-term sovereign wealth strategy. The country seeks to reduce its reliance on traditional fiat currencies. Specifically, it aims to mitigate risks associated with the US dollar and inflation. President Bukele has often cited Bitcoin’s finite supply of 21 million coins. He argues this makes it a superior store of value over time. However, international financial institutions like the IMF have expressed repeated concerns. The accumulation occurs alongside other innovative projects. For example, the government plans to build a Bitcoin-backed bond, known as the “Volcano Bond.” Additionally, it is developing Bitcoin City, a proposed tax-free municipality powered by geothermal energy. These initiatives aim to attract foreign investment and technological talent. Meanwhile, the national treasury’s growing BTC balance acts as a foundational asset for this economic vision. Financial and Economic Impacts Analyzed The $506 million reserve represents a notable portion of the country’s assets. To provide context, El Salvador’s total gross international reserves were approximately $3.5 billion in early 2025. Therefore, the Bitcoin holding constitutes over 14% of this total. This allocation is unprecedented for a national treasury. Economists debate the risk profile of such a concentration in a volatile asset. On the positive side, substantial gains have been recorded during bull markets. Conversely, the portfolio has endured significant paper losses during crypto winters. The government maintains it has not sold any Bitcoin. This indicates a strict hodling strategy. The policy has sparked domestic debate about opportunity cost and fiscal responsibility. Nevertheless, it has also positioned El Salvador as a global leader in cryptocurrency integration. Global Reactions and Market Implications The international community watches El Salvador’s experiment with keen interest. Some nations view it as a potential blueprint. Others see it as a cautionary tale. Several factors influence this perspective: Adoption Metrics: Daily Bitcoin usage among Salvadorans remains a key measure of success. Remittance Flows: The country heavily relies on remittances, which Bitcoin aims to make cheaper and faster. Tourism and Investment: “Bitcoin tourism” has increased, bringing foreign capital into the local economy. Credit Ratings: Major credit agencies have cited the Bitcoin policy as a factor in their assessments. Moreover, the growing treasury impacts the broader Bitcoin market. A nation-state acting as a permanent buyer reduces the circulating supply. This can create upward price pressure, a concept known as a “macro hodl.” Market analysts now routinely monitor the Salvadoran Bitcoin Office’s announcements. These disclosures provide transparency rare in sovereign wealth management. Technical and Security Considerations for National Holdings Safeguarding a national Bitcoin treasury presents unique challenges. The government must ensure unparalleled security for its private keys. Reports suggest a combination of cold storage and multi-signature wallets are in use. This means no single person can access the funds. The process likely involves geographically distributed cryptographic shards. Furthermore, the Bitcoin Office employs cybersecurity experts to defend against digital threats. The technical strategy also involves transaction planning. Moving large amounts of Bitcoin can affect market prices. Therefore, the treasury must execute any future transactions with care. It may use over-the-counter desks or algorithmic trading to minimize slippage. The ultimate goal is to preserve capital while maintaining liquidity options. This operational complexity underscores the sophisticated approach required for state-level crypto asset management. Conclusion El Salvador’s Bitcoin holdings surpassing 7,600 BTC marks a significant chapter in financial history. The nation’s $506 million commitment reflects a bold, long-term vision for its economic future. While debates on risk and strategy continue, the experiment provides invaluable real-world data on cryptocurrency integration at a sovereign level. The performance of these El Salvador Bitcoin reserves will undoubtedly influence global policy discussions for years to come. Ultimately, the world watches to see if this pioneering strategy will forge a new path for national treasury management. FAQs Q1: How does El Salvador acquire its Bitcoin? The government purchases Bitcoin directly on the open market using state funds, following a dollar-cost averaging strategy announced by President Nayib Bukele. It also accepts Bitcoin for various state services and through its citizenship-by-investment program. Q2: What is the current value of El Salvador’s Bitcoin holdings? As reported, the 7,605 BTC are worth approximately $506 million, though this value changes constantly with the market price of Bitcoin. Q3: Has El Salvador sold any of its Bitcoin? According to official statements from the Salvadoran Bitcoin Office, the government has not sold any Bitcoin from its national treasury. It has only accumulated and held the asset. Q4: What are the risks of holding so much Bitcoin as a country? The primary risks are extreme price volatility, which can affect the value of national reserves, cybersecurity threats to the digital wallets, and potential liquidity challenges if the government needed to convert large amounts to fiat currency quickly. Q5: Can citizens and tourists use Bitcoin easily in El Salvador? Yes. Bitcoin is legal tender, and businesses are required to accept it. The government’s Chivo Wallet app facilitates transactions, and a network of Bitcoin ATMs exists across the country. However, adoption levels for daily payments vary. This post El Salvador’s Bitcoin Holdings Surge Past 7,600 in Bold National Treasury Strategy first appeared on BitcoinWorld .

29 Mar 2026, 22:30

US Troops in Region Top 50,000 as Polymarket Gives 71% Odds Forces Enter Iran by April 30

The Pentagon is moving tens of thousands of troops into the Middle East and drawing up contingency plans for limited ground raids inside Iran, but no U.S. forces have entered Iranian territory as of March 29, 2026, at 5 p.m. Eastern time. What Trump Is Deciding About Iran Ground Troops — And What Has Actually

29 Mar 2026, 22:25

Ethereum EEZ Framework: The Revolutionary Proposal to Unify Fragmented Layer 2 Networks

BitcoinWorld Ethereum EEZ Framework: The Revolutionary Proposal to Unify Fragmented Layer 2 Networks Ethereum infrastructure developers have unveiled a groundbreaking proposal to address one of blockchain’s most pressing challenges: the Ethereum Economic Zone (EEZ) framework promises to unify fragmented Layer 2 networks through revolutionary cross-rollup transaction processing. This collaborative initiative between Gnosis, Zisk, and the Ethereum Foundation represents a significant evolution in blockchain architecture, potentially transforming how decentralized applications interact across different scaling solutions. The proposal arrives at a critical juncture as Ethereum’s ecosystem expands rapidly across multiple parallel networks. Understanding the Ethereum EEZ Framework Proposal The Ethereum Economic Zone framework fundamentally reimagines how Layer 2 solutions interact. Currently, different rollups operate as isolated environments with limited communication capabilities. Consequently, developers face significant challenges when building applications that need to function across multiple networks. The EEZ framework proposes a standardized protocol for processing smart contract executions simultaneously across different rollups and the Ethereum mainnet within single transactions. This technical advancement addresses what experts call “rollup fragmentation,” a growing concern as the number of Layer 2 solutions multiplies. According to blockchain researchers, fragmentation creates several problems: User experience degradation when moving assets between networks Development complexity increases for cross-chain applications Security fragmentation across different proving systems Liquidity segmentation that reduces capital efficiency The EEZ Alliance, proposed alongside the technical framework, will promote standardization among participating rollups. This organization will establish common interfaces, security standards, and interoperability protocols. Furthermore, the alliance plans to release detailed technical specifications and performance metrics in upcoming months. The Technical Architecture Behind EEZ The EEZ framework builds upon existing zero-knowledge proof technology while introducing novel coordination mechanisms. Specifically, it enables atomic execution of smart contracts across multiple environments. This means transactions can trigger actions on different rollups simultaneously, with all components succeeding or failing together. The technical approach leverages what developers call “cross-rollup state synchronization,” creating a unified execution environment that spans multiple networks. Key technical components include: Component Function Benefit Unified State Root Coordinates state across rollups Enables atomic cross-rollup transactions Standardized Messaging Facilitates communication between networks Reduces development complexity Shared Security Layer Leverages Ethereum mainnet security Maintains high security standards Execution Coordinator Manages transaction sequencing Ensures proper execution order This architecture represents a significant departure from current approaches where each rollup maintains completely independent execution environments. Instead, the EEZ framework creates what developers describe as a “virtual execution layer” that spans participating networks. This virtual layer coordinates activities while preserving the autonomy of individual rollups. Expert Analysis: Why This Matters Now Blockchain architects emphasize the timing of this proposal coincides with critical growth phases for Layer 2 networks. According to recent ecosystem data, Ethereum Layer 2 solutions now process more transactions than the mainnet itself. However, this success has created what researchers call the “interoperability bottleneck.” Applications cannot easily leverage the unique strengths of different rollups because moving assets and data between them remains cumbersome and expensive. The EEZ framework directly addresses this bottleneck by creating what experts term “composable scalability.” This concept allows developers to build applications that utilize different rollups for different functions while maintaining seamless user experiences. For example, a decentralized exchange might use one rollup for order matching, another for settlement, and a third for governance—all within a single transaction flow. Industry analysts note several potential impacts: Reduced development barriers for complex decentralized applications Improved capital efficiency across the entire Ethereum ecosystem Enhanced security models through shared verification mechanisms Better user experiences with fewer network switches Historical Context and Evolution The EEZ proposal represents the latest development in Ethereum’s multi-year scaling journey. Initially, developers focused on individual scaling solutions like optimistic rollups and zero-knowledge rollups. Subsequently, the ecosystem diversified with numerous implementations, each offering different trade-offs between cost, speed, and security. This diversification, while beneficial for innovation, created the fragmentation problem that EEZ aims to solve. Previous attempts at interoperability included bridge solutions and messaging protocols. However, these approaches often introduced new security risks and complexity. The EEZ framework differs fundamentally by proposing native interoperability at the execution level rather than relying on external bridging mechanisms. This approach potentially reduces attack surfaces while improving efficiency. The collaboration between Gnosis and Zisk brings together complementary expertise. Gnosis contributes extensive experience with Ethereum infrastructure and prediction markets, while Zisk specializes in zero-knowledge proof systems. Their joint proposal, developed in consultation with the Ethereum Foundation, carries significant weight within the developer community. Implementation Timeline and Challenges The EEZ Alliance will oversee the framework’s implementation through phased development. Initial stages will focus on specification finalization and prototype development. Subsequently, the alliance plans to launch test networks for developer experimentation. Full production deployment will follow extensive security audits and community feedback. Technical challenges remain substantial despite the promising proposal. Developers must ensure the framework maintains security guarantees while enabling new functionality. Additionally, they must design incentive structures that encourage rollup adoption without compromising decentralization principles. The EEZ Alliance will address these challenges through transparent governance processes and community engagement. Adoption considerations include: Backward compatibility with existing applications Performance overhead from coordination mechanisms Economic incentives for rollup participation Governance structures for protocol evolution Comparative Analysis with Other Approaches The EEZ framework enters a landscape with several competing interoperability visions. Other projects approach the fragmentation problem differently, creating a rich ecosystem of potential solutions. Understanding these alternatives provides context for evaluating EEZ’s potential impact. Notable approaches include: Cross-chain messaging protocols that facilitate communication between networks Shared sequencing layers that coordinate transaction ordering Modular blockchain architectures that separate execution from consensus Superchain concepts that create families of compatible networks The EEZ framework distinguishes itself through its focus on unified execution environments rather than just communication channels. This fundamental difference could provide unique advantages for certain application types, particularly those requiring complex cross-network operations. Potential Ecosystem Impacts Successful implementation of the EEZ framework could reshape the Ethereum landscape significantly. Developers might build applications that leverage specialized rollups for specific functions while maintaining seamless integration. Users could experience smoother interactions with decentralized applications that span multiple networks. Additionally, liquidity might flow more freely across the ecosystem, improving capital efficiency. Specific potential impacts include: New application categories that leverage multiple rollup strengths Reduced transaction costs through optimized execution paths Improved developer experiences with simplified cross-rollup tooling Enhanced network effects as applications become more interconnected The framework’s success will depend on several factors, including technical implementation quality, community adoption, and security robustness. The EEZ Alliance’s formation represents a crucial step toward addressing these factors through coordinated development efforts. Conclusion The Ethereum EEZ framework proposal represents a significant advancement in addressing Layer 2 fragmentation through innovative cross-rollup execution capabilities. This collaborative initiative between leading infrastructure developers and the Ethereum Foundation could fundamentally transform how decentralized applications interact across different scaling solutions. While implementation challenges remain substantial, the proposal’s technical foundations and organizational structure provide a promising path forward. As the Ethereum ecosystem continues evolving, solutions like the EEZ framework will play crucial roles in maintaining cohesion while enabling continued innovation across Layer 2 networks. FAQs Q1: What exactly is the Ethereum EEZ framework? The Ethereum Economic Zone (EEZ) framework is a proposed technical standard that enables smart contracts to execute simultaneously across different Layer 2 rollups and the Ethereum mainnet within single transactions, addressing fragmentation in the scaling ecosystem. Q2: Who is developing the EEZ framework? Gnosis (an Ethereum infrastructure developer), Zisk (a ZK-based infrastructure developer), and the Ethereum Foundation are collaborating on the proposal, with plans to form an EEZ Alliance to promote standardization. Q3: How does EEZ differ from existing bridge solutions? Unlike bridges that transfer assets between networks, EEZ enables native execution across networks within single transactions, potentially reducing security risks and complexity while improving user experience. Q4: What problems does the EEZ framework solve? The framework addresses Layer 2 fragmentation issues including poor user experience when moving between networks, development complexity for cross-chain applications, security fragmentation, and liquidity segmentation across different rollups. Q5: When will the EEZ framework be implemented? The EEZ Alliance plans to release technical details and performance metrics first, followed by phased implementation including specification finalization, prototype development, test networks, security audits, and eventual production deployment. Q6: How will the EEZ framework affect existing Ethereum applications? The framework aims for backward compatibility, allowing existing applications to continue functioning while enabling new capabilities for developers who choose to implement cross-rollup functionality in their applications. This post Ethereum EEZ Framework: The Revolutionary Proposal to Unify Fragmented Layer 2 Networks first appeared on BitcoinWorld .

29 Mar 2026, 22:00

Ripple CEO Says XRP Utility Is Company’s ‘North Star’, Acquisitions Overperforming

Ripple CEO Brad Garlinghouse laid out a sweeping vision for the company’s future during a Fox Business interview at a conference in Miami, touching on acquisition performance, the role of XRP as a ‘North Star’ within the company, the opportunity for stablecoins, and the regulatory path forward for the crypto industry in the United States. XRP Utility Is Ripple’s ‘North Star’ Garlinghouse made it clear that XRP is the guiding principle behind its strategic moves. According to the Ripple CEO, improving the real-world use cases of XRP, trust, and utility are now the main factors as to how the company approaches product development and expansion. “That is our North Star of how we think about it all,” he said. This utility outlook of XRP has been central to Ripple’s acquisitions, which, according to Garlinghouse, are all already exceeding expectations. Garlinghouse mentioned that both of Ripple’s major acquisitions from last year have surpassed the company’s internal projections. Ripple Treasury, formerly known as GTreasury, and Ripple Prime have each outperformed expectations, with the most notable example being Ripple Prime tripling its revenue since the acquisition. Stablecoins And Regulation Could Decide Industry’s Next Phase Garlinghouse pointed to Ripple Treasury as a concrete illustration of the market opportunity ahead. The platform, in its prior form as GTreasury, orchestrated $13 trillion in payments last year. However, 0% of these payments were conducted in crypto or stablecoins. That gap is one of the biggest opportunities in how the crypto industry moves forward. “That’s the opportunity,” Garlinghouse said. Interestingly, he also elaborated on a future of how Ripple captures that opening by incorporating crypto payment rails directly into the dashboards corporate treasurers already use. He described a future where corporate treasurers and CFOs can choose between traditional payment rails that take days and cost more, or blockchain-based options that settle in minutes. That choice could be the important factor that brings crypto deeper into global finance. Another important part of the discussion focused on crypto regulations in the United States, particularly the proposed CLARITY Act. Garlinghouse had previously expressed support for the CLARITY Act. He had even previously predicted that the legislature will be passed by US regulators by the end of April. However, the Ripple CEO is now pushing the projected timeline further. He revised his timeline by 30 days and is now expecting progress closer to the end of May but maintained that negotiations are ongoing and that all stakeholders are still engaged. All that needs to happen now is a compromise on this important issue around how rewards are managed. According to Garlinghouse, passing clear regulatory guidelines for the crypto industry is important for keeping innovation and capital within the United States and for the US to be competitive on a global scale. Without clear regulatory guidelines, there is a risk that entrepreneurs and investments will continue moving offshore. Featured image from Unsplash, chart from TradingView