cryptonews911

Despite the U.S. Federal Reserve announcing a 75-basis-point interest rate hike on Wednesday, the crypto markets pumped significantly on the same... View this email in your browser ...

Also: Coinbase has sucked wind since it went public. | July 31, 2022 Insights, news and analysis for the professional investor   Was this newsletter forwarded to you? Sign up here .  Supported by   Bitcoin ( BTC ) - $23,145.53 Ether ( ETH) - $1,586.58 Prices as of 7/29/22 @ 6:10 p.m. UTC   Welcome to Crypto Long & Short!    I promised Twitter I would write about proof-of-stake and proof-of-work for this newsletter, but my computer (which kept restarting uncontrollably for a couple of days) and my immune system (which gave into a rhinovirus that deposited wet cement into my head) had other ideas.   Since a proper proof-of-stake and proof-of-work piece deserves a lot of careful, deep thought that I'm incapable of at the moment, let's instead focus on two players that are writing the narrative for us: Coinbase (COIN) and the U.S. Securities and Exchange Commission (SEC).   On July 26, it emerged that Coinbase was being probed by ...