Senator Lummis' Bitcoin reserve proposal faces uphill battle

Ice Cube said he is down with the “DogeArmy” after Bill Lee bought $625,000 worth of NFTs tied to the rappers’ BIG3 basketball league in DOGE. 124 Total views 1 Total shares Iconic rapper Ice Cube — also known as O'Shea Jackson Sr — has jumped on the Dogecoin bandwagon with his endorsement of an…

Lyn Alden likens Ethereum to the Concorde aircraft: functional, but not "an economically sustainable project." 4405 Total views 56 Total shares One reason strategist and investment guru Lyn Alden isn't invested in Ether is she considers the Ethereum network an “unfinished product” when compared with Bitcoin.Alden’s economic analysis of Ethereum released today compares the smart…

Data from on-chain monitoring resource BTC.com confirms that on Aug. 31, Bitcoin’s network difficulty hit new all-time highs.Bitcoin seals biggest difficulty jum since start of 2022Despite the recent BTC price drawdowns, Bitcoin’s network fundamentals are telling an optimistic tale as August comes to a close.Both difficulty and hash rate are climbing, reflecting conviction among miners…

Bitcoin (BTC) and most major altcoins are turning down from overhead resistance levels, indicating that the sentiment remains negative and traders are selling on every available opportunity.Decentrader analyst Philip Swift said that the on-chain spent profit output ratio (SOPR) metric, which aggregates the price of purchase versus price sold during a given period, indicates that…

Ripple incubator and investment arm Xpring has spent $500 million on XRP projects since its launch in May 2018, according to an official blog post on July 2.These funds have reportedly been distributed to over 20 companies, including the blockchain-based gaming platform Forte.In general, the report says that Xpring investments are intended to create use…

As some brand-name decentralized finance (DeFi) tokens sputter, a crop of new projects have emerged that are catching strong bids on the back of aggressive yield farming programs, generous airdrops, and significant technical advances. It’s a set of outlier projects pushing forward on both price and fundamentals that has led one crypto analyst, eGirl Capital’s mewny,…

Crypto’s legitimacy and adoption have increased in recent years, and along with the uptick in use, the tech has become a topic of political divisiveness, resulting in a perception of partisanship — especially in the United States. Speaking to Cointelegraph, Jonathan Jachym, the Global Head of Policy at U.S.-based crypto exchange Kraken, said he doesn’t think…

Schiff gave anyone reading his Twitter account in March “maximum opportunity” to profit, a popular trader says as Bitcoin tops $17,000. 3314 Total views 17 Total shares The Bitcoin (BTC) price bottomed at exactly the point that gold bug Peter Schiff said that it would crash further — and proponents are reminding him of his…