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Blockchain firm Ripple believes the United Kingdom can become a leader in the crypto sector. The company executives shared this view at the recently organized UK Digital Assets Summit in partnership with Innovate Finance and the UK Centre for Blockchain Technology. According to Ripple Europe Policy Director Mathew Osborne, who wrote about the event, the UK already has the advantage of being one of the top financial services centers globally with expertise in various areas. Thus, the country only needs to enact the right regulations. Osborne noted that other jurisdictions, such as the European Union, Hong Kong, and Singapore, have already outdone the UK in regulating the crypto industry. However, he believes the UK has a second-mover advantage and can learn from these jurisdictions to create a better regulatory regime. He said: “The UK now has a ‘second mover advantage’, as it can learn from the experiences of other jurisdictions and introduce a regulatory regime that supports the benefits of digital assets as well as mitigating the risks.” These comments echo panelists’ views at the summit, who believe that the UK needs to move fast with its crypto industry regulation, as clarity remains crucial for participants. They noted that such regulatory clarity could have several advantages for the UK, such as 24/7, faster and more efficient settlements for local and cross-border transactions, and more capital inflow into the country. At the root of it, they believe that if the UK should have clearer rules on digital assets, it could become a global crypto hub where consumers enjoy more protection as the standards of firms in the sector will improve. The call for rules enabling the crypto industry in the UK is not new. Although the Financial Conduct Authority already has some rules, industry participants believe more regulatory clarity is needed to encourage adoption. The report said: “Panelists reflected that progress so far has been fairly piecemeal, and a bold, ambitious and comprehensive approach is needed.” Some of those complaints also involve the FCA’s low approval rate for crypto licenses. Although the regulator has granted approval to Coinbase, PayPal BlackRock, and Galaxy, its approval rate of only 14% means several companies, including Ripple itself, remain without a license. Unsurprisingly, Ripple complained that banks in the country are unwilling to work with it because there is no regulatory framework. According to Cassie Craddock, the managing director for Ripple Europe and UK, large banks have yet to embrace Ripple due to regulatory uncertainty. Meanwhile, Osborne said panelists at the summit identified stablecoins and tokenization as the two main products crucial to the UK’s growth as a digital assets hub. He said the UK needs to have laws that enable these products and create an environment enabling stablecoin usage, including stablecoins not issued in the country. Stablecoin is currently a $230 billion sector with more potential for growth and lots of regulatory interest worldwide. Although the UK already has a roadmap for crypto regulation, with a consultation paper on stablecoins set for the first half of 2025, the Ripple executive wants the FCA to fast-track it. Additionally, he mentioned the potential of tokenization to transform the market and called on the UK government to move fast on enabling tokenization so the country can gain from it. He noted that all it would take is to remove all the barriers to it, which are mostly regulatory and legal. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

In the past 30 days, the global cryptocurrency market saw its valuation slip from $2.96 trillion to $2.69 trillion, marking a 9.12% decline. While this downturn rattled some investors, the damage was relatively mild compared to the bloodbath in the U.S. stock market, especially among companies tied to the crypto industry. The root of the current financial storm lies in political aggression. Former President Donald Trump is making headlines again by imposing new tariffs on a wide range of international trade partners. This aggressive move has triggered a global economic backlash, shaking investor confidence and sending markets into a tailspin. --> Wanna trade cryptos? Now is the perfect time, especially that the market is consolidating before a volatile period. Click here to open an account with Bitget using our link and benefit from 100% transaction fee rebates in BGB on your first transaction <-- Although the crypto market wasn’t spared, it has so far shown resilience compared to traditional equities. But the same cannot be said for U.S. crypto stocks, which took major hits. Not all crypto-related investments weathered the storm well. Several U.S.-listed crypto stocks have taken a significant hit, some losing over a quarter of their value in just one month. Coinbase , the largest cryptocurrency exchange in the U.S., is often seen as a bellwether for the crypto industry. But over the past month, its stock has dropped from the highs to currently trade at $160.55, representing a 25% decline. The company has been impacted by shrinking trading volumes, broader market fear, and tighter regulatory scrutiny, all amplified by the overall stock market selloff. RIOT Platforms is one of the Bitcoin mining companies in North America. With falling Bitcoin prices and increased energy costs, RIOT was already under pressure. The added burden of a collapsing stock market pushed its share price down to $7.14, reflecting a 17.55% loss over the past 30 days. Another major Bitcoin miner, Marathon Digital Holdings ( MARA ), has seen its stock tumble to $11.30, marking a 20.81% decline in just one month. As Bitcoin mining gets more competitive and the market faces macroeconomic stress, MARA is feeling the heat. In the past 30 days, the global cryptocurrency market saw its valuation slip from $2.96 trillion to $2.69 trillion, marking a 9.12% decline. While this downturn rattled some investors, the damage was relatively mild compared to the bloodbath in the U.S. stock market, especially among companies tied to the crypto industry. The root of the current financial storm lies in political aggression. Former President Donald Trump is making headlines again by imposing new tariffs on a wide range of international trade partners. This aggressive move has triggered a global economic backlash, shaking investor confidence and sending markets into a tailspin. --> Wanna trade cryptos? Now is the perfect time, especially that the market is consolidating before a volatile period. Click here to open an account with Bitget using our link and benefit from 100% transaction fee rebates in BGB on your first transaction <-- Although the crypto market wasn’t spared, it has so far shown resilience compared to traditional equities. But the same cannot be said for U.S. crypto stocks, which took major hits. Not all crypto-related investments weathered the storm well. Several U.S.-listed crypto stocks have taken a significant hit, some losing over a quarter of their value in just one month. Coinbase , the largest cryptocurrency exchange in the U.S., is often seen as a bellwether for the crypto industry. But over the past month, its stock has dropped from the highs to currently trade at $160.55, representing a 25% decline. The company has been impacted by shrinking trading volumes, broader market fear, and tighter regulatory scrutiny, all amplified by the overall stock market selloff. RIOT Platforms is one of the Bitcoin mining companies in North America. With falling Bitcoin prices and increased energy costs, RIOT was already under pressure. The added burden of a collapsing stock market pushed its share price down to $7.14, reflecting a 17.55% loss over the past 30 days. Another major Bitcoin miner, Marathon Digital Holdings ( MARA ), has seen its stock tumble to $11.30, marking a 20.81% decline in just one month. As Bitcoin mining gets more competitive and the market faces macroeconomic stress, MARA is feeling the heat.

Storytelling is an ancient art that has been used to convey messages, share experiences, and connect with others across cultures and throughout history. In today's fast-paced, technology-driven world, storytelling remains a powerful tool for effective communication. Whether you're a business leader, marketer, or simply looking to improve your personal relationships, unlocking the secrets of storytelling can help you convey your message, build connections, and achieve your goals. # The Science of Storytelling Research has shown that storytelling has a profound impact on our brains and behavior. When we hear a story, our brains release dopamine, a neurotransmitter associated with pleasure, motivation, and memory. This means that stories are more likely to be remembered and acted upon than facts and figures alone. # The Elements of Effective Storytelling So, what makes a story effective? Here are some key elements to consider: 1. *A Clear Structure*: A good story needs a clear beginning, middle, and end. This structure helps to build tension, create suspense, and resolve conflicts. 2. *Relatable Characters*: Your story needs characters that your audience can relate to and root for. Give your characters unique personalities, motivations, and backstories to make them more believable and engaging. 3. *A Clear Message*: What is the main message or theme of your story? Make sure it's clear, concise, and relevant to your audience. 4. *Emotional Connection*: Stories that evoke emotions are more likely to be remembered and acted upon. Use sensory details, metaphors, and vivid imagery to create an emotional connection with your audience. 5. *Authenticity*: Authenticity is key to effective storytelling. Be honest, transparent, and vulnerable, and your audience will respond positively. # The Benefits of Storytelling The benefits of storytelling are numerous: 1. *Improved Communication*: Storytelling helps to convey complex messages in a simple, engaging way. 2. *Increased Engagement*: Stories capture our attention, evoke emotions, and inspire action. 3. *Better Relationships*: Storytelling helps to build connections, foster empathy, and create a sense of community. 4. *Personal Growth*: Storytelling can help us process our experiences, gain insights, and develop a greater sense of self-awareness. # Applying Storytelling in Your Life So, how can you apply the power of storytelling in your life? Here are some ideas: 1. *Share Your Personal Story*: Share your personal story with others, whether it's through a blog, social media, or in-person conversations. 2. *Use Storytelling in Business*: Use storytelling to convey your brand's message, values, and mission. 3. *Create Engaging Content*: Use storytelling techniques to create engaging content, such as videos, podcasts, or articles. 4. *Practice Active Listening*: Practice active listening by paying attention to the stories of others and showing empathy and understanding. # Conclusion Storytelling is a powerful tool that can help you convey your message, build connections, and achieve your goals. By understanding the science of storytelling, applying the elements of effective storytelling, and practicing storytelling in your daily life, you can unlock the secrets of effective communication and become a more engaging, memorable, and influential storyteller. # Recommendations 1. *Read Storytelling Books*: Read books on storytelling, such as "The Storytelling Animal" by Jonathan Gottschall or "Save the Cat!" by Blake Snyder. 2. *Take a Storytelling Course*: Take an online course or workshop on storytelling to learn new techniques and improve your skills. 3. *Practice Storytelling*: Practice storytelling by sharing your personal story, creating engaging content, or using storytelling in business. 4. *Join a Storytelling Community*: Join a storytelling community, such as a writing group or a storytelling meetup, to connect with other storytellers and learn from their experiences. 5. *Use Storytelling in Your Daily Life*: Use storytelling in your daily life by sharing stories with friends and family, using storytelling in business, or creating engaging content.

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4. First principles thinking This is essentially a method of problem-solving that involves breaking down complex issues into their most basic and fundamental parts. When investing long-term, ask yourself if the root fundamentals make sense (instead of chasing narratives/buzzwords). • What problem does it solve? • Is the token necessary? • Are the incentives sustainable?