US Bitcoin reserve asset bill could pass in Donald Trump’s first 100 days – Senator Cynthia Lummis
US Bitcoin reserve asset bill could pass in Donald Trump’s first 100 days – Senator Cynthia LummisThe proposed legislation seeks to position the US as the largest government Bitcoin holder, echoing its gold reserve status.
Happy Tuesday!In today’s CryptoSlate newsletter, we highlight some of the most intriguing developments in the cryptocurrency sector: Senator Cynthia Lummis is hopeful that a proposed bill to create a U.S. Bitcoin reserve asset could be enacted within Donald Trump’s first 100 days, positioning the U.S. as the largest government holder of Bitcoin, much like its gold reserves. In another exciting update, the PEAQ token is gaining traction with its recent launch on 12 crypto exchanges, aimed at advancing decentralized physical infrastructure networks (DePIN) and democratizing the machine economy. Additionally, a recent survey reveals that over 30% of hedge funds and venture capital firms expect Solana (SOL) to reach $600 this cycle, signaling robust market confidence in its future. Stay tuned for more insights on these key topics! LATEST SLATECAST 🎙️ OORT’s Max Li emphasizes blockchain’s role in AI trust and ethics revolution The global crypto market cap is $2.88 trillion, with a 24-hour volume of $370.44 billion. The price of Bitcoin is $86,016.86, and BTC market dominance is 59.3%. The price of Ethereum is $3,229.24, and ETH market dominance is 13.5%. The best-performing sector is Media, which gained 7%. The Crypto Fear & Greed Index is currently Greed (80). 📰 Top News
US Bitcoin reserve asset bill could pass in Donald Trump’s first 100 days – Senator Cynthia LummisThe proposed legislation seeks to position the US as the largest government Bitcoin holder, echoing its gold reserve status. Peaq soars as trading goes live on 12 crypto exchanges, fueling global DePIN growthPEAQ token listing positions peaq to leverage real-world DePIN applications and democratize the machine economy. Hedge funds and venture capital firms expect Solana will hit $600 this cycle – SurveyOver 30% of the respondents in a MV Global survey believe SOL will register a new all-time high above $600.
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Solana’s price surge propels its market cap past $100 billion, outpacing Bitcoin and Ethereum gains
Monday, November 11, 2024
Solana's price rally marks historic market cap achievement and DeFi growth. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
$6.7B TVL surge marks Solana’s growing dominance in DeFi
Sunday, November 10, 2024
Solana processes 44.5 million daily transactions, far surpassing other L1 blockchains. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
StanChart sees total crypto market cap climbing 5x to $10 trillion by 2026-end
Saturday, November 9, 2024
Meanwhile, the lender expects Bitcoin and Ethereum could hit $200000 and $10000, respectively, by the end of 2025. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock sees historic $1.1 billion inflow as spot Bitcoin ETFs have best day ever
Friday, November 8, 2024
Spot Bitcoin ETFs set new record with $1.36 billion combined daily inflow. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Polymarket’s accurate forecast of Trump win highlights gaps in mainstream media, pollsters
Thursday, November 7, 2024
Polymarket's swift Trump prediction showcases the dynamic efficiency of decentralized markets over established media. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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AI Agents Continues To Flourish As Numerous Tokens Soar
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📈 Stablecoin market capitalisation hits an all-time high; Crypto.com to be the title sponsor for the upcoming Cry…
Monday, December 2, 2024
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US influence over Bitcoin grows with Trump victory
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Analyst warns of ‘leverage driven pump’ as XRP price soars
Saturday, November 30, 2024
The crypto issued by Ripple Labs started its climb following the US elections, accumulating a 232% price increase in the past 30 days. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏