Vitalik Calls Out ‘Centralized World’ Stifling Crypto Innovation, Tim Draper Adjusts BTC Price Prediction, and More — Week in Review

“The real competition is not other chains, it’s the rapidly expanding centralized world that is imposing itself on us as we speak.” So says Ethereum co-founder Vitalik Buterin addressing the present risky regulatory realities in crypto. In different information, enterprise capitalist Tim Draper adjusted the timeframe of his $250K bitcoin value prediction, and a former SEC official asks the crypto group to cease the “personal attacks” towards the U.S. Securities and Exchange Commission and its chair, Gary Gensler. This and extra within the newest Bitcoin.com News Week in Review.

Ethereum Co-Founder Vitalik Buterin on SEC Crypto Enforcement Actions: ‘The Real Competition Is the Centralized World’

Vitalik Buterin, a co-founder of Ethereum, the second largest cryptocurrency challenge by market cap, took a stance on the latest actions that the U.S. Securities and Exchange Commission (SEC) has taken within the discipline of enforcement towards crypto. Buterin talked about how initiatives like Solana had been included in these authorized actions and said that the true competitors was the “centralized world.”

Read More

Tim Draper Adjusts Timeframe for His $250K Bitcoin Price Forecast

Venture capitalist Tim Draper has adjusted his projected timeframe for bitcoin’s value to achieve $250,000. Maintaining an optimistic outlook, Draper nonetheless expects the world’s largest cryptocurrency to achieve his predicted value goal however acknowledged that it might take “a little longer.”

Read More

Former SEC Official Defends Chair Gensler — Urges Crypto Community to Quit Personal Attacks, Focus on Facts

The U.S. Securities and Exchange Commission (SEC)’s former head of web enforcement has defended SEC Chairman Gary Gensler’s method to regulating the crypto business. “It’s time to attack the facts and law on SEC positions and quit the personal attacks on the SEC Chair or the SEC staff,” he pressured. “It’s an anemic and flawed pivot that does not work in a courtroom and is a transparent and bush-league attempt to rally the mob.”

Read More

Nasdaq Resubmits Blackrock Spot Bitcoin ETF Application, Inks Agreement With Coinbase for Surveillance-Sharing

After the 4 corporations that filed for spot bitcoin exchange-traded funds (ETFs) resubmitted their functions with the U.S. Securities and Exchange Commission (SEC), the asset supervisor Blackrock adopted swimsuit with an amended software. Similar to Cboe’s refiling of registrations from Fidelity, Vaneck, Invesco, and Wisdomtree, Nasdaq amended the Blackrock spot bitcoin ETF submitting by incorporating Coinbase as a surveillance-sharing settlement (SSA) accomplice.

Read More

What are your ideas on this week’s tales? Can decentralization overcome what many in crypto see because the ineptitude or outright malice of regulatory our bodies? Be certain to tell us within the feedback part beneath.