Tag: Doge

Trump’s Treasury Nominee Scott Bessent Sees ‘No Reason’ For US Central Bank Digital Currency: It’s For Countries With ‘No Other Investment Alternatives’

In what could be interpreted as another optimistic signal for cryptocurrencies, Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, argued against the concept of a central bank digital currency in the U.S. on Thursday. What Happened: Bessent was taking questions from members of the Senate Finance Committee for confirmation to...
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Litecoin (LTC) Jumps 19%: What’s Behind The Rally?

Litecoin has observed a sharp increase of over 19% in the past day. Here’s what on-chain data says could be behind the rally. Litecoin Has Overperformed Market With A Strong Surge In The Last 24 Hours The past day has seen recovery from the cryptocurrency sector as a whole,...
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Bitcoin, Ethereum, Dogecoin Steady As Market Expects Trump’s Pro-Crypto Bonanza: Analyst Says BTC Could Hit All-Time High If It Breaks This Resistance

Leading coins remained steady on Thursday amid reports that President-elect Donald Trump may announce several pro-cryptocurrency measures after being sworn in. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) +0.31% $100,211.61 Ethereum (CRYPTO: ETH)                -1.77% $3,340.29 Dogecoin (CRYPTO: DOGE)           +0.54% $0.3789 What Happened: Bitcoin wiggled...
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Grayscale XRP Trust returns, offering regulated exposure to XRP

Can Grayscale’s XRP Trust revive institutional interest in XRP? On Jan. 17, 2024, Grayscale Investments, a digital currency asset management firm, has announced the reopening of its XRP (XRP) Trust to eligible accredited investors. The Grayscale XRP Trust allows institutional…...
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Bitcoin State Of Mind: Texas Aims To Pioneer Strategic Reserve

With President Donald Trump’s inauguration just a few days away, Bitcoin and blockchain supporters are bracing for crypto-friendly policies. Leading the charge is Texas, with Senator Charles Schwertner announcing a bill to launch its first state-level Bitcoin reserve. In a Twitter/X post, Senator Schwertner announced the filing of SB...
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