Despite losing almost 3% over the last 24 hours, Terra’s luna is still up 10% on this time last week.
Armstrong, speaking on the latest episode of the All-In Podcast, predicted the crypto industry will likely not be regulated solely by the SEC because not all digital assets should be considered securities.
: Elsewhere, Armstrong last week said he believes Apple’s App Store rules have impeded Coinbase’s product roadmap, accusing the iPhone-maker of banning features from their app and generally not being friendly to the cryptocurrency industry.
Ripples in the water: Meanwhile, the SEC’s long-running legal battle with Ripple, the crypto company behind XRP, could now run well into next year, according to a crypto legal expert.
🤖 Crypto has played an outsized role in Musk’s free speech-inspired bid for Twitter, with his dislike of verified, scam crypto bots one of his biggest gripes with the service.
💰 Earnings season rolls on this week, with big technology companies dominating.
📛 Two big crypto conferences are slated for this week, with the FTX-backed Crypto Bahamas and the Financial Times’ Crypto and Digital Assets Summit both kicking off tomorrow.