Из жизни альткоинов

Генеральный директор платформы CryptoQuant заявил, что крупнейший публичный держатель биткоинов, компания MicroStrategy не может стать банкротом в нынешних условиях. Однако это произойдет, если биткоин рухнет до $16 500, подсчитал эксперт.

Эксперты управляющей компании Grayscale опубликовали отчет о ситуации на рынке под названием «Состояние криптоцикла». По мнению авторов, фундаментальные показатели биткоина остаются сильными, а бычий цикл актива продлится еще несколько лет.

In a potential win for the crypto industry, the Senate Banking Committee has canceled its vote on the reappointment of US Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw, known for her critical stance on Bitcoin and other digital assets. 

This development, reported by FOX Business journalist Eleanor Terrett, means that Crenshaw will not secure a nomination for her position, as Congress is scheduled to adjourn on December 20.

SEC Commissioner Crenshaw Faces Backlash Over Digital Asset Oversight

According to Terrett, a Senate aide indicated that the scheduled markup vote for Crenshaw’s reappointment has been canceled. While she remains on the commission and can serve until a replacement is confirmed or Congress reconvenes next year, her future in the role has been cast into uncertainty.

The process for nominating SEC commissioners typically involves the minority party–in this case the Democratic Party– recommending candidates to fill its seats. Although President Trump can consider their suggestions, he is not obligated to follow them. 

This leaves open the possibility that Democrats, potentially at the urging of influential figures like Elizabeth Warren, may attempt to revive Crenshaw’s nomination. Ultimately, it will be up to Trump to decide whether to renominate her.

This cancellation comes amid increasing pressure from cryptocurrency lobbyists and industry leaders who have publicly denounced Crenshaw’s record. Critics argue that her support for SEC Chairman Gary Gensler’s oversight of the industry has been detrimental. 

Crenshaw’s characterization of crypto markets as “petri dishes of fraudulent conduct” and her dissent against the approval of Bitcoin spot exchange-traded funds (ETFs) have further fueled opposition.

More Anti-Crypto Than Gensler? 

Brian Armstrong, CEO of Coinbase, voiced strong criticism of Crenshaw last week, stating, “Caroline Crenshaw was a failure as an SEC Commissioner and should be voted out.” He noted her attempts to block Bitcoin ETFs and suggested she was even more problematic than Gensler on certain issues. 

Armstrong also emphasized that any support for Crenshaw could negatively affect senators’ ratings on the Stand with Crypto scale, an initiative created by a Coinbase-affiliated group to assess political figures based on their support for cryptocurrency legislation.

In response to Crenshaw’s perceived anti-crypto stance, the Cedar Innovation Foundation, an industry-backed nonprofit, also launched a five-figure mobile ad campaign targeting her in Washington D.C. and on social media. The ads label her “more anti-crypto than Gensler.” 

Furthermore, last Monday, leaders from the Blockchain Association and the DeFi Education Fund sent a joint letter to Senate Banking leadership opposing Crenshaw’s reconfirmation. 

They stated, “Congress has a clear mandate from the American people to establish sound and reasonable cryptocurrency-related policies,” expressing concern that Crenshaw’s tenure has been marked by actions contrary to this objective.

Crenshaw’s alignment with Gensler on progressive regulatory initiatives, such as the climate disclosure rule aimed at requiring public companies to report their carbon footprints, has also caused friction with Republican lawmakers. They argue that the SEC has overstepped its congressional mandate by engaging in social issues like climate change.

With the recent cancellation of her renomination vote, the efforts of crypto lobbyists appear to be bearing fruit. The industry now anticipates the appointment of a more crypto-friendly commissioner to succeed Crenshaw in 2025, which could signal a more favorable regulatory environment for digital assets in the United States.

Featured image from DALL-E, chart from TradingView.com

Управление по финансовым рынкам Франции (AMF) совместно с Межрегиональным специализированным ведомством по борьбе с организованной преступностью (JIRS) провело серию рейдов в поисках нелегальных криптоматов.

Инвестиционный директор компании Bitwise Asset Management Мэтт Хоуган (Matt Hougan) сделал прогноз изменения стоимости биткоина в случае, если власти США все же начнут создавать стратегический резерв криптовалюты.

Bitcoin (BTC) and Ethereum (ETH) ETFs pushed institutional crypto adoption this year to new highs. In light of the new, crypto-friendly US presidential administration and broader rally, Bloomberg analyst Eric Balchunas expects to see more crypto ETFs rolling out next year. This may include XRP (XRP), Solana (SOL), and dual ETFs.

After a brief dip below $2.40 last week, XRP rebounded to $2.50 and now ranks the third-largest crypto by market cap, surpassing USDT by a mere $2 million. Meanwhile, SOL struggles to recover to its November high of $262.93.

Still, both tokens have shown impressive performance this year and may see more upside if Balchunas is correct in his predictions.

Experts Predict the Arrival of LTC, HBAR, XRP, SOL ETFs (With a Catch)

Balchunas outlined several ETFs we’re most likely to see in 2025, albeit not all at once: Litecoin (LTC), Hedera (HBAR), XRP, SOL, and a BTC/ETH combo fund.

However, he believes LTC ETFs will come first as LTC is a hard fork of BTC and is not labeled as security by the Securities and Exchange Commission (SEC). Similarly, HBAR doesn’t face any legal issues with the SEC.

XRP and SOL ETFs would have to wait until Gary Gensler leaves his position, as the current SEC administration perceives both tokens as securities–even after the Court proved otherwise.

Donald Trump appointed a crypto ally Paul Atkins as the next SEC chairman, who may relax the grip regulators hold on these assets.

Hashdex, Franklin, and Bitwise have already applied for dual BTC and ETH ETFs, while Canary is the only filer for LTC and HBAR ETFs. Balchunas added he’s unsure whether there’s investor demand for altcoin ETFs.

Solaxy Aims to Fix Solana’s Scalability Limitations, Introduces a New Application Layer

Rumors about a SOL ETF have been spreading for a long time. However, once the third-largest crypto, SOL is now lagging behind XRP by $40 million, which may have to do with questionable Solana network performance.

Solana has a history of congestion, failed transactions, and outages. The last major outage happened in February 2024 and lasted nearly five hours.

In a way, Solana is the victim of its own popularity. Thousands of meme coin projects launched on Solana due to its high transaction throughput, high speeds, and no-code tools like Pump.fun. And, by the looks of it, Solana wasn’t ready to handle that influx.

The new Layer-2 solution Solaxy builds upon Solana’s scalable infrastructure to make it more reliable and cheap. By offloading transactions from the main chain, Solaxy prevents congestion and outages.

Solaxy’s native token, $SOLX, is more than a means of paying gas fees. Its multi-chain architecture makes it a bridge between Solana and Ethereum, which means it pulls activity from two massive ecosystems and allows for smooth cross-network transfers.

$SOLX is now available on presale at $0.001566, but the price will increase in less than 44 hours and 30 something minutes as of right now. The project has raised nearly $2 million in a week, most of which will go toward the network’s development.

A significant part of the funds will be distributed to early adopters in the form of staking rewards. The current staking APY of 1,827% presents a prime opportunity to maximize potential returns when $SOLX lists on major exchanges.

To support Solaxy or join in the action, visit the official Solaxy website or head over to its X channel to learn more.

Could Solaxy Push Solana to #3 Again?

It may be too early to claim SOLX is the next 100x crypto. However, it could be the much-needed solution to Solana’s shortcomings, and many altcoins are booming right now.

If Solaxy helps Solana to solve the blockchain trilemma of scalability, security, and decentralization, it could push demand for SOL, and open the door to SOL ETFs.

On top of that, Solana developers would get an entirely new layer to build applications on during this bull run. This means we might see many innovative projects that were previously unimaginable.

Комиссия по ценным бумагам и биржам Нигерии (SEC) разработала новые правила продвижения криптовалютных продуктов и услуг, которые должны вступить в силу к 30 июня 2025 года.

Новый глава банковского комитета Сената США на мероприятии Blockchain Association Policy Summit заявил, что криптовалюты следует считать «новым чудом света».

Криптовалютная биржа Bybit заявила о прекращении оказания услуг по выводу и хранению цифровых активов для французских пользователей с 8 января 2025 года.

Ohio State Representative Derek Merrin (R-Monclova Township) introduced new legislation on December 17, 2024, aimed at authorizing the state treasury to invest in Bitcoin as part of its asset portfolio. Known as House Bill 703, the “Ohio Bitcoin Reserve Act” seeks to establish a dedicated BTC fund within the state treasury, providing the State Treasurer with the legal framework to purchase and hold BTC. The measure does not mandate any specific investment but opens the possibility for future allocation.

Ohio State Consider Strategic Bitcoin Reserve

In an announcement shared via X, formerly Twitter, Merrin stated: “Today, I filed HB 703 to create the Ohio Bitcoin Reserve within the state treasury! Provides state treasurer authority & flexibility to invest in Bitcoin. This legislation creates the framework for Ohio’s state government to harness the power of Bitcoin to strengthen our state finances. As the US dollar undergoes devaluation, Bitcoin provides a vehicle to supplement our state’s portfolio and preserve public funds from losing value.”

The official press release from Merrin’s office emphasizes the legislation’s primary goals: “The US Dollar is being rapidly devalued, and our State Treasurer should have the authority and flexibility to invest in Bitcoin when determining proper asset allocation. Ohio must embrace technology and protect tax dollars from eroding,” Merrin said in the statement.

Merrin’s release also notes that he anticipates the incoming federal administration—under President-elect Donald Trump—may explore establishing a national BTC reserve, referencing prior proposals such as one by Senator Cynthia Lummis (R-WY). According to Merrin’s statement, similar legislation has been introduced in other states, including Texas and Pennsylvania, potentially indicating a growing trend at both state and federal levels to consider Bitcoin as a strategic reserve asset.

“Bitcoin is revolutionizing finance and will reshape world economies. We must have sound money – it’s like digital property rights for everyone who owns it. This legislation sets up the framework for Ohio’s state government to harness the power of BTC to strengthen our state finances,” Merrin stated in his press release.

The Ohio Blockchain Council’s Executive Director, Andrew Burchwell, expressed support: “Governments worldwide are considering investment in Bitcoin as a strategic reserve asset, including the US federal government and states like Texas, Pennsylvania, and Florida. I applaud Representative Merrin for introducing this legislation to ensure Ohio is positioned as a leader in innovation and technology, and I look forward to working with the legislature in 2025 to ensure that Ohio makes the most of this opportunity.”

The introduction of House Bill 703 comes just two weeks before the end of the 135th General Assembly, scheduled to adjourn on December 31, 2024. Since the current session is nearing its close, the proposal will likely serve as a framework for the next legislative session, which begins on January 6, 2025. Under Ohio law, bills not passed by the end of a session must be reintroduced in the following term.

With the bill, Ohio is poised to become the third US state to establish a Strategic Bitcoin Reserve (SBR), following recent initiatives in Texas and Pennsylvania. Pennsylvania, which introduced its own SBR Act in November, could invest up to 10% of its General Fund into Bitcoin. Texas has taken a more moderate step last week, introduced a bill to allow donations and possibly taxes paid in BTC to be held for a minimum of five years.

Florida is also on track to create its own SBR as early as the first quarter of 2025, supported by pro-Bitcoin leadership and advocacy from the Florida Blockchain Business Association (FBBA).

In contrast, Michigan and Wisconsin have opted for more conservative approaches, focusing primarily on BTC-related ETFs and trusts. Notably, the Wisconsin Investment Board became the first state pension fund to acquire Bitcoin ETFs in May of this year.

At press time, BTC traded at $103,987.

Американская криптовалютная биржа Coinbase опубликовала официальный ответ на жалобу компании BiT Global, связанной с основателем Tron Джастином Саном, пояснив причину делистинга «обернутого биткоина» (wBTC) с платформы.

Аналитики CryptoQuant прогнозируют, что стоимость первой криптовалюты продолжит восходящий тренд за счет возросшего давления покупателей на спотовом рынке.

A newly uncovered public document reveals that the Bitcoin Policy Institute, a research and advocacy group in the United States, has drafted an executive order that aims to designate Bitcoin as a strategic reserve asset. This proposed order is designed to take effect immediately upon being signed by President-elect Donald Trump on his first day in office.

New Draft Calls for Bitcoin Acquisition Through Treasury’s ESF

According to the draft, as global finance increasingly integrates digital assets, the United States must adapt its financial strategies to maintain its stability and leadership in the global economy. 

The document characterizes Bitcoin as a decentralized, finite store-of-value asset, comparable to digital gold, which could enhance the resilience of the US dollar and support American economic interests. 

If enacted, the executive order would designate Bitcoin as a suitable asset for acquisition within the Treasury Department’s Exchange Stabilization Fund (ESF), establishing a Strategic Bitcoin Reserve as a permanent national asset for the benefit of all Americans.

The draft emphasizes the importance of creating a Bitcoin reserve to bolster the US economy and secure American financial dominance in the years to come. 

By designating Bitcoin as a strategic asset held by the government, the proposal aims to diversify the assets within the ESF, thereby safeguarding national economic security and ensuring a competitive advantage in the 21st century. 

Furthermore, it seeks to position the US as a global leader in the digital assets industry, attracting capital, talent, and sound businesses to thrive within its borders.

To enhance confidence in this initiative, the draft outlines that the Strategic Bitcoin Reserve would be administered by the Secretary of the Treasury, with provisions for regular audits, security standards, and reporting measures. 

Within seven days of the order being signed, any BTC held by federal agencies, including the US Marshals Service, would be prohibited from being sold or encumbered. Instead, it would be transferred to the strategic reserve upon acquisition of legal title.

Additionally, the draft instructs the Secretary of the Treasury to implement an acquisition program for Bitcoin within 60 days of the order’s signing. This would facilitate the management and procurement of Bitcoin under the ESF.

Trump’s Potential Day-One Executive Order 

While this document represents only a draft and neither Trump nor members of the upcoming administration have publicly commented on it, interest in such measures has been growing in recent days. 

Notably, Jack Mallers, founder and CEO of Strike, recently indicated that Trump is considering a day-one executive order to establish a Strategic Bitcoin Reserve. During an interview, Mallers stated, “I also know that Trump is looking at a day one executive order.” 

His remarks prompted discussions about the potential implications of such an order, particularly in the context of the Dollar Stabilization Act, which could grant the president broad authority to protect the dollar.

Trump’s recent statements have further fueled speculation surrounding the establishment of a Bitcoin reserve. In a speech at the New York Stock Exchange, he remarked, “We’re gonna do something great with crypto,” and when asked about the possibility of the U.S. creating a reserve akin to its oil reserves, he replied, “Yes, I think so.”

At the time of writing, BTC is consolidating at the $104,000 level, down 2.5% in the 24-hour time frame. 

Featured image from DALL-E, chart from TradingView.com

Согласно опросу, проведенному биржей Coinme в рамках инициативы CryptoLiteracy по повышению осведомленности жителей США о криптовалютах, в 2024 году количество людей, обладающих знаниями о цифровых активах, резко увеличилось.

Riding the currents of market excitement and community-driven momentum, Dogecoin (DOGE) and Shiba Inu (SHIB) have long been investor favorites. But when both tokens go into periods of consolidation, a new competitor is taking the front stage with more returns and creative features.

DTX Exchange (DTX) is changing how traders see the future of crypto investing with its innovative platform and remarkable 440% ROI, and counting, during presale. Could this newly created token bring exponential returns and replace the meme coin giants? Read on to learn why analysts are calling DTX the best crypto investment for 2024.

DTX Exchange (DTX) Enhances Trading Experience

Accessing over 100,000 financial assets—stocks, cryptocurrency, FX, ETFs—traders tend to witness an enhanced experience. Driven by the creative VulcanX blockchain, DTX Exchange promises unparalleled speed and reliability. Moreover, DTX Exchange offers a trade execution speed of just 0.04 seconds and a testnet throughput of over 100,000 transactions per second.

DTX token holders enjoy additional perks, including staking rewards of up to 15% APY and a share of the trading fee revenue generated by the platform. Additionally, DTX provides traders the potential to maximize market opportunities by unlocking liquidity of $100,000 with just a $100 investment thanks to up to 1000x leverage.

With its special mix of efficiency, accessibility, and security, DTX Exchange is positioned to grab a big market share of the fast-growing $4 billion online trading platform sector as it gets ready for its full-scale introduction. Employing non-custodial storage and wallet-based trade, DTX guarantees that users have complete control over their assets.

Investors have a unique chance to get in early while the DTX token is valued at just $0.12 in its sixth presale round. Analysts project that DTX could experience 20x gains post-launch as a result of the high demand for its limited token supply. Set for exponential growth, DTX Exchange is the best crypto investment for traders looking for a safe, creative, high-performance platform.

Dogecoin (DOGE) Records Notable Consolidation

With the Dogecoin price declining over 2% in the previous week, the altcoin has seen a period of market consolidation. The Dogecoin price dropped back to $0.37 after momentarily hitting $0.48, then picked up momentum once more and passed the $0.40 level.

With its price ranging between $0.43 and $0.36 over the previous week, Dogecoin (DOGE) has shown indications of stability despite its volatility. The Dogecoin price chart has shown a consolidation phase for the past four weeks, staying within a range of $0.48 to $0.35. Nonetheless, the general attitude in the Dogecoin (DOGE) community is still positive.

Moreover, analysts project a possible retest of its all-time high (ATH) of $0.737 in this cycle, therefore putting Dogecoin (DOGE) as one of the promising altcoins to watch. Although the Dogecoin price chart shows a bullish structure that could lead to further rallies, DTX has been taking the front stage.

Early DTX investors have already seen outstanding profits of over 440%; analysts estimate a possible 20x increase in value upon the token’s launch on Tier-1 exchanges in Q1 2025.

Shiba Inu (SHIB) Maintains Momentum Amid Consolidation

As the Shiba Inu price negotiates a consolidation period, trading within the range of $0.000030 and $0.000024 during the past week, it nevertheless attracts investor interest. The Shiba Inu price has risen over 9% in the past month, demonstrating a consistent increasing tendency even with a small weekly rise of less than 1%.

Technical markers point to continuous consolidation, including the descending triangle formation on the monthly Shiba Inu price chart. The yearly Shiba Inu price chart, on the other hand, shows a different picture with higher highs and lower lows pointing to a favorable long-term path.

Shiba Inu (SHIB) is one of the top altcoins to watch for near-term growth since analysts are positive about the altcoin’s likely recovery to its all-time high of $0.000088 in the next few weeks. Although Shiba Inu (SHIB) has great potential, its $16 billion market capitalization could restrict the altcoin from witnessing a fast exponential increase.

Here, DTX offers a convincing substitute. With barely $57 million in market capitalization, DTX has additional area for notable upward movement. DTX is attracting enormous investor interest already showing a 440% ROI during its presale and getting ready for irs Q1 2025 launch.

DTX Exchange Attracts Dogecoin and Shiba Inu Investors

Despite being investor favorites, Dogecoin (DOGE) and Shiba Inu (SHIB) have limited growth potential because of their consolidation periods and large market caps. Meanwhile, DTX has already produced an amazing 440% ROI during its presale, with more price appreciation on the way. Analysts project a 20x increase following launch as this low-market-cap token gets ready for its Q1 2025 debut on Tier-1 exchanges.

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President-elect Donald Trump’s remarks about building a strategic Bitcoin reserve have sparked a bull run amid the prospect of Bitcoin becoming a US reserve asset. Furthermore, the bullish altcoin action is expected to resume after the December 18 Fed rate cuts announcement, spotlighting Solana (SOL), Cardano (ADA), and DTX Exchange (DTX).

Experts believe the potential of the SOL price, and traders can enter low after last week’s market dump. Cardano (ADA) is also ready to hit $10 under Charles Hoskinson’s leadership and 2025 ecosystem plans. DTX Exchange (DTX) is well-positioned to skyrocket after its upcoming listing toward a $2 price level.

Experts’ bullish predictions about the SOL price and Cardano (ADA) also reveal the selling points for significant profits in the upcoming months.

Cardano (ADA) Could Hit $10 Under Hoskinson’s Leadership

Cardano (ADA) storms higher in a bullish trajectory as Charles Hoskinson reveals the ecosystem plans for 2025. Since Donald Trump’s election victory, Cardano (ADA) has performed exceptionally well, stealing the spotlight from major currencies like Solana after its $1 bullish rally in November.

According to Martinez, over 80 million Cardano (ADA) have been bought in the last 2 days, suggesting rising trader interest in the token. With the upcoming developer conference and other ecosystem updates, including Bitcoin bridge, the optimistic sentiment for Cardano (ADA) is ready to pump the token to $10 by the end of 2025, emerging as a life-changing opportunity for holders buying the token at the $1.10 price point.

Solana Prediction: SOL Price Will Make New ATH With $300 Rally

After the recent market crash, Solana (SOL) struggles to build momentum as major capital rotates into Ethereum-based tokens. However, the SOL price holds the $220 support level despite sellers dominating the Solana ecosystem due to network developments and the ongoing first-ever Hackathon in Artificial Intelligence.

Meanwhile, many experts believe that the SOL price is well-positioned to display a bullish comeback if buyers break the $230 resistance after Fed rate cuts. This can make the road to the critical $300 level easy for the SOL price, setting a new all-time high and a major selling point for traders who bought the Solana tokens during the market setback for high profits.

DTX Exchange Will Blow The Roof After Binance Listing in 2025

DTX Exchange (DTX) has captured massive attention as the most talked-about presale of 2024, leading with its innovative trading features and cutting-edge technology. The platform introduces groundbreaking elements, including the VulcanX hybrid blockchain, tokenized ETF trading, non-custodial Phoenix Wallet, and 1000x leverage—setting new standards in the tradFi space.

In stage 6 of its public presale, DTX Exchange has already secured an impressive $10.2 million, reflecting robust investor confidence in its post-listing potential. With a focus on trader-centric approaches and early-stage participation, the platform is designed to deliver maximum returns through advanced use cases, passive income strategies, a 3% VIP Rebate System, and infrastructure development.

As its presale nears conclusion, DTX tokens are available for just $0.12—a rare opportunity to invest before major exchange listings like Binance in the coming weeks. Experts project the DTX Exchange as a potential 50x breakout in this bullish cycle, making it a must-watch for traders seeking explosive gains.

Conclusion

DTX Exchange (DTX) stands out as a game-changer, with its record-breaking presale and innovative features positioning it as a major investment for millionaire-making gains. While Cardano (ADA) aims for a $10 target by 2025 and Solana (SOL) eyes a $300 rally, DTX’s upcoming exchange listing and advanced ecosystem provide a compelling case for transformative returns.

Learn more:

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По данным издания BleepingComputer, пользователи аппаратных кошельков Ledger подверглись новой фишинговой атаке, нацеленной на кражу закрытых ключей и фраз восстановления.

Огайо стал третьим штатом США, который на законодательном уровне рассмотрит предложение о включении биткоинов в суверенный фонд благосостояния.

Экс-министр финансов Германии Кристиан Линднер заявил, что лидеры страны не используют экономические возможности биткоина, тогда как США активно продвигаются вперед в области криптовалютных инноваций.

Депутат Европарламента Сара Кнафо выступила с критикой плана Европейского центрального банка (ЕЦБ) по запуску цифрового евро и призвала законодателей Евросоюза к созданию резерва в биткоинах.