Texas is making a big move in the world of cryptocurrency. A new bill, SB 778, proposes creating the first state-level Bitcoin reserve in the US. Senator Schwertner’s Proposal Senator Charles Schwertner announced the bill on Twitter, aiming to position Texas as a blockchain leader and boost the state’s economy. He believes a Bitcoin reserve…
Bitcoin’s price has been doing really well lately, even flirting with the $100,000 mark again. With the crypto market generally doing better after recent news, Bitcoin could be on the verge of a big move. A Promising Chart Pattern Analysts have noticed a “falling wedge” pattern forming on Bitcoin’s chart. This is often a bullish…
A memecoin named after Coinbase CEO Brian Armstrong’s cat has seen a massive price jump after Coinbase added it to its listing roadmap. Toshi’s Rocket Ride Toshi (TOSHI), an Ethereum-based memecoin, skyrocketed over 200% in a single day following the Coinbase announcement. Before the news, TOSHI was trading at a low of $0.00001161. After the…
Crypto analyst Benjamin Cowen is sounding the alarm about Bitcoin (BTC), which is currently trading below $100,000. He’s warning his 850,000+ YouTube followers about a potential bearish trend. US Treasury Yields: A Major Headwind? Cowen points to rising yields on 10-year US Treasury bonds as a significant threat to Bitcoin’s price. He draws a parallel…
A popular crypto analyst, known as Sherpa, is predicting big things for Solana (SOL), an Ethereum competitor. Despite being about 30% below its all-time high of around $263 (reached in November 2024), Sherpa remains optimistic. Solana’s Potential Sherpa shared his positive outlook on X (formerly Twitter), telling his over 239,000 followers that he believes SOL…
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, predicts a massive surge in corporate Bitcoin adoption. He believes hundreds of companies will add Bitcoin to their reserves within the next year or two, significantly boosting the Bitcoin market. Beyond MicroStrategy: A Growing Trend While MicroStrategy often grabs headlines for its Bitcoin holdings, Hougan points…
AI is hot right now, and it’s not just in tech. The blockchain world is getting in on the action too. Projects like ai16z and VIRTUAL have already seen success, but the new kid on the block, MIND of Pepe ($MIND), is making waves. It raised over $1 million in just 24 hours during its…
Thailand is taking a two-pronged approach to cryptocurrency: embracing Bitcoin ETFs while cracking down on online gambling platforms. Bitcoin ETFs on the Horizon Thailand’s Securities and Exchange Commission (SEC) is looking into approving Bitcoin exchange-traded funds (ETFs). This move is part of a broader effort to bring Thailand’s financial system into the crypto age, following…
Shiba Inu, the popular meme coin, saw a recent price bump and a related increase in its token burn rate. This is good news, right? Let’s dive in. A 21% Burn Rate Increase – But Is It Significant? Over the past 24 hours, the number of SHIB tokens burned jumped by about 21.76%. That sounds…
Recent positive economic news suggests the US Federal Reserve might cut interest rates soon. This could be great news for the crypto market, as investors might have more money to spend on riskier assets. Here are five cryptocurrencies that could see massive gains: Top Crypto Picks for Potential Huge Growth 1. Mind of Pepe ($MIND):…
