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Order lays out a national policy for digital assets across six key priorities: consumer and investor protection; financial stability; illicit finance; US leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation.In a statement, NEC director Brian Deese and National Security Advisor Jake Sullivan, says: "We are clear-eyed that 'financial innovation' of the past has too often not benefited working families, while exacerbating inequality and increasing systemic financial risk. This history underscores the need to build robust consumer and economic protections into digital asset development."To support the reforms, the Secretary of the Treasury, working with all relevant agencies, will produce a report on the future of money and payment systems, to include implications for economic growth, financial growth and inclusion, national security, and the extent to which technological innovation may influence that future.The Order also places "urgency" on research and development of a potential United States CBDC.

After observing an unrestrained up-channel (yellow) rally for over three months, Avalanche (AVAX) poked its ATH on 21 November. Since then, it has been on a decline while losing the vital $79-mark. 

Bitcoin has been in a price action rut for the last couple of weeks. Its effects are now visible with investors’ behavior. For the first time in weeks, the king coin led the bearishness and assisted in flipping the ongoing trend.

Fantom is one of the biggest DeFi chains in the space with over 201 protocols and $6.28 billion locked onto it. One such protocol, Fantasm, Finance recently fell victim to an exploit in which over $2.6 billion were stolen.

Ethereum’s price has been consolidating for quite some time as it followed Bitcoin’s lead. Unlike other altcoins, ETH’s volatility seems to be capped for now, with a high possibility of a resurgence as it forms a breakout pattern.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

Sandbox’s price registered gains of 1.75% over the last 24 hours, showing signs of heading higher after setting up a bullish reversal pattern on 21 February. In fact, on-chain metrics seemed to indicate that the uptrend is likely to continue on the charts.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

After painfully enduring the bearish market for four months straight, it seems like Basic Attention Token is finally gearing up to declare its next step in terms of price action. 

If TRON DAO – née TRON – wasn’t enough of a conversation starter, an investigative piece by journalist Chris Harland-Dunaway published in The Verge dropped a bomb. It accused Tron founder Justin Sun of actions ranging from getting ICO ban tip-offs to insider trading.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

One of the highest gainers of the day today was Gala Games‘ token GALA. In fact, it managed to register an 8% hike, despite the broader market seeing a lot of consolidation.

In a surprising turn of events, Immutable X was seen charting gains in an unfavorable market. The ecosystem developments coming from the Layer-2 scalability protocol for NFTs on Ethereum certainly have had a hand in its growth.

“This too shall pass. It might pass like a kidney stone. But it will pass.” This is exactly what Filecoin’s long-term holders must have been telling themselves at this point in time. Unsurprisingly, FIL has capitulated massively from its all-time high. At the time of this analysis, the token was trading at $18.13, down by more than 90% from its April 2021 high.

The price action of Bitcoin hasn’t witnessed much stability in the last few weeks. The constant fluctuation in price has frustrated the market to an extent where a section of investors is actually wishing that the price falls further down. 

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

WASHINGTON—President Biden said Friday the U.S. will move to revoke normal trade relations with Russia, joining Western allies in a coordinated action to further punish Moscow for the war in Ukraine.

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WASHINGTON—President Biden on Friday is expected to announce that the U.S. will join major allies and the European Union in calling to revoke normal trade relations with Russia, according to a person familiar with the decision.

The metals industry, financial regulators and Chinese officials rushed to resolve a crisis in London’s nickel market, which remained on ice after an ill-fated trade sparked mammoth price gains and billions of dollars of losses.

WASHINGTON—The U.S.-led effort to expel Russia from international commerce marks another fracture in the free-trade vision that guided American policy for nearly 30 years, signaling a future where nations and companies shift away from trading with adversaries and focus more on like-minded partners.