According to Acyn, the crypto industry's erosion of cypherpunk values, such as decentralization and privacy, through actions like Coinbase's political sponsorships and alignment with state power, could heighten regulatory risks and market volatility for traders. This comes as Bitcoin (BTC) surged 4.167% and Ethereum (ETH) rose 7.437% in the past 24 hours, indicating potential short-term gains but long-term uncertainty from increased political entanglements.

According to the author, the crypto industry's departure from cypherpunk principles, such as Coinbase's political sponsorships and Ripple's lobbying efforts, could heighten regulatory scrutiny and negatively impact trading sentiment for assets like BTC and XRP, citing examples from the article.