Author: CryptoHoppers
Key Takeaways Monad’s MON token is now available on Solana through the Sunrise platform. Sunrise is a new cross-chain gateway from Wormhole Labs enabling easy asset transfers between blockchains. Share this article Monad’s MON token today launched on Solana through Wormhole Labs’ newly introduced Sunrise platform, a cross-chain gateway that enables seamless asset transfers between blockchains. The launch provides Solana users immediate access to the governance token of Monad, a blockchain project focused on high-throughput execution and scalability for decentralized applications.Sunrise serves as a liquidity gateway built on Wormhole technology, acting as the primary route for bringing external tokens like…
TLDR: Bill proposes letting Americans pay federal taxes in Bitcoin through a structured reserve plan. Strategic Bitcoin Reserve would store all Bitcoin tax payments as long-term federal assets. Proposal cites Bitcoin’s scarcity and inflation resistance as core reasons for the reserve. The bill aims to keep the United States competitive as major nations accumulate Bitcoin. A new proposal in Washington aims to let Americans pay federal taxes using Bitcoin. The Bitcoin for America Act was introduced this week by Rep. Warren Davidson. The measure directs all Bitcoin tax payments into a Strategic Bitcoin Reserve. The proposal seeks to strengthen financial…
Discontent with the two-party system is reaching a rolling boil, and several forces—from party rebranding debates to congressional feuds and billionaire-sized ambitions—are fueling talk that America may be on the edge of a new political party. America May Be on the Brink of a New Political Party A growing chorus of activists, lawmakers, and political […] Source link
Bitwise CIO Matt Hougan believes Ethereum could lead the next crypto rally, pointing to an upgrade catalyst that investors are overlooking. Summary Bitwise CIO Matt Hougan says Ethereum could lead next crypto rally with Fusaka upgrade. The December 3 Fusaka upgrade introduces minimum Layer 2 data fee for revenue capture. Hougan sees tokens shifting to value capture with Uniswap proposing fee switch model. The Fusaka upgrade scheduled for December 3 may increase Ethereum’s revenue capture by 5 to 10 times through a minimum Layer 2 data fee. Hougan argues the market is missing a broader trend: major tokens are quickly…
Key Takeaways PORT3 token lost over 80% of its value in just over an hour. The crash was triggered by an unauthorized mint of one billion PORT3 tokens and rapid sell-offs. Share this article PORT3, the native token of Port3 Network, a project building a decentralized AI data layer that aggregates and standardizes blockchain data for AI-driven dApps and wallets, crashed more than 80% today, wiping its market cap from around $18.5 million to $3.5 million in just over an hour, according to CoinGecko.The steep decline came after reports that an attacker had minted one billion PORT3 tokens and began…
TLDR: $41B liquidated in crypto since October 1, with $20B lost in one day. Daily liquidations now reach $100M–$1B, even on stable global market days. Open interest collapsed, thinning liquidity and amplifying price volatility. Digital Asset Market Clarity Act targets wash-trading, spoofing, and transparency gaps. Crypto markets have experienced unprecedented sell-offs since early October, with $41 billion liquidated across major assets. On October 10 alone, nearly $20 billion vanished in less than 24 hours. This surge occurred despite stable global equities, strong corporate earnings, and no major macro shocks. Traders and liquidity providers continue facing pressure as the market reacts…
Why Zcash Could Be Vulnerable To A 50% Breakdown
The cryptocurrency market continues to bleed, with the total market cap now hovering around $2.89 trillion. Zcash (ZEC), one of the privacy tokens daring to defy the fearful market sentiment, has experienced a steady, choppy price action as market forces struggle to establish control. Interestingly, a prominent market analyst with the X username PlanD has discovered significant bearish potential on the horizon. Related Reading: Why is Zcash Surging? Analysts Break Down the ZEC Rally and What Comes Next Zcash To Fall To $281 – Is The Party Over? Despite its performance amid the general crypto market correction, Zcash struggles to…
TLDR: Cardano partition stemmed from a malformed transaction that split node versions during routine operations. Older node versions kept the chain active while newer versions struggled and caused temporary front-end issues. Hoskinson linked the incident to a targeted attack tied to activity in the Fake Fred Discord group. CryptoRus stated the chain stayed operational, framing the event as a fork caused by a node software bug. The Cardano network faced an unexpected mainnet partition that triggered widespread concern across the ecosystem. The issue surfaced after a malformed delegation transaction caused newer node versions to desynchronize. Older versions continued running, which…
‘Rich dad’ Kiyosaki sells Bitcoin for over $2 million to invest in surgery centers and a billboard business
Key Takeaways Robert Kiyosaki sold over $2 million in Bitcoin to invest in surgery centers and a billboard business. Kiyosaki remains bullish on Bitcoin and plans to repurchase with his increased cash flow. Share this article “Rich Dad Poor Dad” author Robert Kiyosaki cashed out over $2 million in Bitcoin to put money into surgery centers and a billboard business.In a recent statement on X, Kiyosaki said he sold approximately 25 Bitcoin at $90,000 each, which he originally purchased at $6,000 per coin years ago. The entrepreneur plans to use the proceeds to acquire two surgery centers and invest in…
Senate Committee Moves Selig Nomination Forward as Debate Over CFTC and Crypto Intensifies
TLDR: Senate committee advances Selig as CFTC and crypto debate accelerates across trading circles. Market demand for onchain derivatives increases pressure on CFTC rulemaking choices. Posts from Pedersen and Chervinsky frame the vote as a key policy inflection point. Retail access concerns sharpen industry focus on upcoming Senate floor action. The Senate Agriculture Committee advanced Mike Selig’s nomination for CFTC Chair on a tight 12–11 vote. No Democrats supported the move, according to reporter Brendan Pedersen. The nomination now heads to the Senate floor for a broader decision. The shift comes as the debate over CFTC and crypto gains new…