Republican Congressman French Hill of Arkansas has been named the new chair of the powerful House Financial Services Committee. This is big news for the crypto industry. Hill’s Crypto Advocacy Hill is a known supporter of cryptocurrencies. He boasts an “A” rating from Stand With Crypto, a pro-crypto group backed by Coinbase. He’s actively championed…
A Texas lawmaker is proposing a bold new law: creating a state-funded Bitcoin reserve. Bitcoin in the Texas Treasury? Republican Representative Giovanni Capriglione recently introduced the “Texas Strategic Bitcoin Reserve Act.” The bill aims to add Bitcoin to the state’s treasury, viewing it as a way to hedge against inflation and market instability. The idea…
Solana (SOL) has taken the lead as the most popular blockchain platform for new developers in 2024, according to a new report from Electric Capital. Solana’s Developer Dominance The report reveals that a whopping 39,148 new developers joined the crypto scene this year. For the first time since 2016, Ethereum (ETH) wasn’t the top choice…
Chainlink, the decentralized oracle network, is seeing a surge in both price and on-chain activity, according to data analytics firm Glassnode. Fundamentals and Price Action Glassnode reported that while LINK’s recent price jump was fueled by short-term market speculation, underlying fundamentals are also improving. The number of active addresses is increasing, with short-term averages exceeding…
A new meme coin is shaking things up in the crypto world, and it’s called Wall Street Pepe ($WEPE). In just 24 hours, its presale raised a whopping $13 million, leaving Dogecoin and Shiba Inu in its dust. But is this a genuine contender, or just another fleeting internet craze? Let’s dive in. The Sudden…
Bitcoin’s scarcity is increasing as more investors, both big and small, are accumulating BTC. This could lead to a significant price jump, especially given recent positive price movements. A Big Shift in Bitcoin’s Supply Crypto analyst Kyle Doops noticed a major change in a key Bitcoin metric: the Long/Short-Term Holder Supply Ratio. This ratio shows…
Dogecoin’s still king, thanks to Elon Musk, but the meme coin world is exploding with new projects offering real-world utility. Let’s look at some examples that are generating serious buzz. The Next Big Thing: Meme Coin Presales While established coins like Floki (up a whopping 6593% since launch!) show the potential, the real action might…
The Trump administration is planning some big changes to financial regulation, and the crypto world is buzzing. This could be huge for crypto investors. Targeting Banking Watchdogs According to reports, Trump’s team is looking to overhaul or even eliminate some long-standing banking regulatory agencies. This includes possibly abolishing the FDIC (Federal Deposit Insurance Corporation). This…
Coinbase, a major US cryptocurrency exchange, has added three new digital assets to its platform. These include a memecoin, a utility token, and another memecoin. Gigachad (GIGA) Takes Off The first is Gigachad (GIGA), a Solana-based memecoin inspired by a Russian bodybuilder. Since its Coinbase listing, GIGA’s price has jumped over 39%, trading at $0.06844…
A hacker exploited a known vulnerability in the Dogecoin (DOGE) network, causing a significant portion of its nodes to crash. The Attack Blockchain explorer Blockchair reported a dramatic drop in the number of active Dogecoin nodes. The network went from 647 nodes down to a mere 205 – a 69% decrease. While some nodes have…
