Author: CryptoHoppers

If Senator Ted Cruz of Texas gets his way, he wants the state to be the “oasis of Bitcoin.” For Cruz, the primary hurdle to full Bitcoin adoption is the federal government itself, particularly its left-leaning policies. The state of Texas, he says, can soon become a cryptocurrency hub with its decentralized environment and business-friendly policies. Ted Cruz’s statement comes as Bitcoin broke the $98,000 level for the first time, and there’s growing regulatory clarity. Incoming US President Donald Trump has nominated Scott Bessent for Treasury, and SEC’s Gary Gensler has announced that he’s stepping down on January 20th, 2025.…

Key Takeaways US Bitcoin ETFs saw massive outflows of $435 million as Bitcoin’s price fell below $93,000. MicroStrategy made its largest Bitcoin purchase ever, acquiring 55,500 BTC worth $5.4 billion. Share this article US Bitcoin ETFs faced massive outflows on Monday amid Bitcoin’s retreat below $93,000.The eleven spot Bitcoin ETFs collectively saw net outflows totaling $435 million, with only BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Mini Trust (BTC) attracting inflows.According to data from Farside Investors, IBIT captured approximately $268 million in net inflows, while BTC took in $400,000.Bitwise’s Bitcoin ETF (BITB) and Grayscale’s Bitcoin Trust (GBTC) faced substantial…

As blockchain technology continues to disrupt industries, StreamGuy and the live-streaming meta on PumpFun are shaping up to be one of the most fascinating—and chaotic—use cases to date. At its core, StreamGuy’s mission is straightforward: pump his $LIVE token to a $100 million market cap through livestreamed antics. But as the spectacle unfolds, it’s becoming clear that this is about more than just financial gains. It’s a case study in the merging of reality TV, decentralized technology, and digital culture. StreamGuy as the Truman Show 2.0 StreamGuy’s journey mirrors the premise of The Truman Show, where viewers tuned in daily…

Key Takeaways US Bitcoin ETFs are expected to surpass gold ETFs in size by Christmas, with current assets at $107 billion. BlackRock’s iShares Bitcoin Trust remains a key player this week, capturing 73% of net inflows into Bitcoin ETFs. Share this article US Bitcoin ETFs will soon catch up to gold ETFs in size if they maintain their current accumulation rate. Bloomberg ETF analyst Eric Balchunas suggests these funds could eclipse gold ETFs by Christmas.As of November 23, Bitcoin ETFs in the US reached $107 billion in assets, which represents around 86% of the total net assets of gold ETFs,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum’s slump shifts investors to RCO Finance, with experts predicting a massive 19,405% surge by 2025. Ethereum has been underperforming, unlike most altcoins, leading investors to withdraw their capital from the flagship altcoin. However, the development that has the markets most excited is that these investors are allegedly reallocating their funds to the emerging RCO Finance (RCOF).  This shift follows expert predictions that this new presale crypto could surge by an astounding 19,405% by 2025.  Keep reading to learn…

On November 22, 2024, the Blockchain Association, the asset trade group in the United States, sent an open letter to the upcoming president Donald Trump, and members of Congress. Through the open letter, the association urges the Trump administration to take immediate action to foster a friendlier regulatory environment for the cryptocurrency industry.  The letter highlighted the harsh stance of the “hostile regulatory regime” that forced American innovators to move off-shore. Without naming, the association points its fingers toward the Biden administration and federal agencies like the Security and Exchange Commission.  However, with the new administration in 2025, there is optimism…

Key Takeaways Cantor moved to secure 5% of Tether ownership in a deal worth around $600 million. The company’s CEO, Howard Lutnick, will resign from Cantor Fitzgerald upon his confirmation as Commerce secretary. Share this article Cantor Fitzgerald, led by Donald Trump’s Commerce secretary nominee Howard Lutnick, reached an agreement to acquire a 5% ownership interest in Tether, according to a Nov. 23 report from the Wall Street Journal, citing business associates familiar with the matter.The deal, valued at around $600 million, was revealed after Lutnick was named top economic policy official in the incoming Trump administration. The CEO of…

The dominance of Ethereum in defi makes it the top choice for stability and institutional-grade projects but Solana’s speed and affordability could see it outpace Ethereum in relative gains. Ethereum vs Solana: Who Emerges on Top Ethereum (ETH) and Solana (SOL) are two powerhouses in the blockchain industry, each representing different approaches to scalability, decentralization, […] Source link

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin jumps 10% this week, while Yeti Ouro presale offers a 20% bonus, attracting eager early investors. Dogecoin (DOGE) once again has embarked on a bullish trajectory after registering a significant 10% surge this week. While the memecoin continues to surge, a new utility memecoin  Yeti Ouro (YETIO), gears up for the second stage of its presale, offering an enticing 20% bonus for early investors.  Dogecoin  Dogecoin has once again proven its staying power, experiencing a 10% increase over…

Key Takeaways Scott Bessent, a Bitcoin advocate, has been nominated as Treasury secretary by Donald Trump. Bessent’s nomination may impact US digital asset policy, potentially including a strategic Bitcoin reserve. Share this article President-elect Donald Trump has picked Scott Bessent, the founder of hedge fund Key Square Capital Management and a Bitcoin advocate, as his nominee for Treasury secretary, which would give him a major say in shaping US economic policy related to digital assets, including the possibility of creating a national Bitcoin stockpile.“Scott has long been a strong advocate of the America First Agenda. On the eve of our…