Bo Hines will work under Donald Trump’s crypto and AI czar, David Sacks, on the incoming presiden’ts crypto council in a bid to “foster innovation and growth” for digital assets. Source link
Day: December 22, 2024
Securitize proposes BlackRock BUIDL fund as collateral for Frax USD
According to RWA.XYZ, BlackRock’s US dollar Institutional Digital Liquidity Fund has roughly $549 million in assets under management. Source link
SUI, BGB, ENA and VIRTUAL show strength as Bitcoin looks for direction
Bitcoin’s recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL. Source link
Trump taps crypto advocate Stephen Miran as head of his Council of Economic Advisers
Key Takeaways Stephen Miran, a Bitcoin advocate, has been nominated by Donald Trump as the chair of the Council of Economic Advisers. Miran supports crypto’s role in economic growth and criticizes the current financial regulatory framework as overly burdensome. Share this article President-elect Donald Trump has picked Stephen Miran as his nominee for chair of the Council of Economic Advisers (CEA). Miran, recognized as a pro-innovation and Bitcoin supporter, previously served as a senior adviser for economic policy at the Treasury Department during Trump’s first administration. If confirmed by the…
Trump nominates Stephen Miran as Council of Economic Advisors chairman
“I’m a huge believer in innovation, in powering the betterment of mankind, and increasing prosperity,” Miran recently said in a podcast. Source link
XRP Battles Critical $2.20 Support Level — Will It Target $2.70?
Este artículo también está disponible en español. XRP has been trading in a decline over the past few days alongside the broader cryptocurrency market. However, despite this lull, the XRP price has managed to maintain its critical support levels and is currently positioning itself for a potential recovery. Related Reading Interestingly, technical analysis highlights the $2.20 mark as a key level to watch for XRP going forward. This was noted in an analysis by popular crypto analyst Ali Martinez, who emphasized that XRP’s next major move could hinge on its…
MicroStrategy Bitcoin purchases surpass 2021 bull market levels
According to MicroStrategy co-founder Michael Saylor, the company currently holds 439,000 Bitcoin, valued at approximately $27 billion. Source link
New All Time High Before 2025?
Este artículo también está disponible en español. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, recently experienced a significant price correction, dropping below $3,100 for the first time in 29 days. This marks a notable shift from its peak performance in December, when it reached this year’s high of $4,106 on December 16. However, the all-time high for ETH, set at $4,877 on November 8, 2021, remains unbroken. Since reaching that high, Ethereum has been forming lower highs and lower lows, indicating bearish momentum in the market. Ethereum Market Sentiment…
What is Operation Choke Point 2.0? Trump vows to end it
Key Takeaways Federal regulators have been accused of restricting banking access for crypto firms in what is termed as Operation Choke Point 2.0, despite denials from the Biden administration. Trump has vowed to end the alleged Operation Choke Point 2.0 if elected president. Share this article The discussion surrounding Operation Choke Point 2.0 has heated up again as Trump prepares for a second term in office. Crypto businesses that have long been overshadowed by this controversial program, as well as observers aware of its unfair targeting of the industry, are…
Bitcoin social sentiment drops to yearly low, signaling BTC breakout
Bitcoin could see another week of correction before it manages to recover above $100,000, based on historical chart patterns. Source link