Author: John Smith

Polymarket users predict that President-elect Donald Trump will not approve a Strategic Bitcoin Reserve within the first 100 days of his administration. A poll with over $1.5 million in funds puts these odds at just 27%, down from 60% after Trump’s election. This is a notable prediction since Polymarket has been highly accurate in the past, including its estimate on the last presidential election. Odds of strategic Bitcoin reserves are falling | Source: Polymarket Kalshi users disagree Other participants in the prediction market expect Trump to ultimately accept Bitcoin (BTC) as a strategic reserve, joining crude oil and gold. Kalshi, for…

The odds of the U.S. Securities and Exchange Commission’s accepting a spot Solana exchange-traded fund are rising. According to Polymarket, the odds of a SOL ETF approval have risen to 71%, up from this week’s low of 58% and last month’s 50%. The rising possibility has been fueled by the incoming presidency of President-elect Donald Trump and the subsequent nomination of Paul Atkins as SEC chair. Trump has also begun to assemble his crypto council by naming Bo Hines the executive director and David Sacks, a former PayPal executive, as “crypto czar.” Solana ETF approval odds are rising | Source:…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A $0.0013 meme coin rises, joining Dogecoin and Shiba Inu in the bold race toward the coveted $1 milestone. A new player in the meme coin arena is turning heads. Priced at a mere $0.0013, this token is stepping up alongside Dogecoin and Shiba Inu in the ambitious race toward $1. The crypto world is buzzing with speculation: will this underdog defy the odds and soar to new heights? DOGEN presale hits midpoint, drawing major whale investments Things are…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. LCAI’s AI-blockchain fusion hints at a decentralized future, sparking debates on its potential to rival Solana by 2025. Lightchain AI (LCAI) is capturing significant attention in the cryptocurrency market, priced attractively at $0.003 during its presale stage. Drawing comparisons to Solana’s meteoric rise, LCAI’s unique approach to integrating AI with blockchain offers a glimpse into the future of decentralized technologies. Could this emerging altcoin truly rival Solana’s success by the end of 2025? A glimpse at Solana’s rise and…

In a lengthy post on X, CryptoQuant CEO Ki Young Ju questioned whether the U.S. would embrace a Bitcoin reserve under the incoming Donald Trump administration.  “I personally support the idea of Bitcoin Standard,” Young Ju said. “However, I question whether the U.S., while continuing to grow as other economies stagnate, would adopt Bitcoin as a strategic asset. For the debate to gain serious momentum, the U.S. would need to see its global economic dominance genuinely threatened. At present, market sentiment suggests confidence in the U.S.’s continued supremacy.” Trump, on the 2024 campaign trail, promised to establish a national Bitcoin…

In the final week of December 2024, Beam raised $72 million through a public sale. Crypto Fundraising data highlighted gaming and infrastructure as key focus areas. Weekly investments totaled nearly $120 million, down from $400 million the previous week. Avalanche Labs led last week with a $250 million raise. Here’s a look at the other notable investments closing out 2024. Beam, $72 million Raised $72 million through public sale The project focuses on Avalanche ecosystem development Over 27,000 node tokens mintedWith @BuildOnBeam successfully becoming the first permissionless Avalanche L1, utilizing node sales, have they shown web3 the blueprint to L1…

The non-fungible token market has seen a major downturn as Bitcoin declined 4% over the past week to $94,000 and Ethereum retreated to $3,300. According to the latest data from CryptoSlam, the NFT market has seen a substantial correction: total sales volume plummeted 49.77% this past week to $152.7 million. Despite the sharp decline in trading volume, market participation metrics show continued interest from new and existing traders. NFT buyers have increased by 50.97% to 531,208  NFT sellers have grown by 47.14% to 308,666  NFT transactions have decreased by 13.26% to 1,477,340  NFT sales has dropped from last week’s $302.2…

Three prominent blockchain advocacy organizations filed a lawsuit challenging the Internal Revenue Service’s new broker reporting requirements. The organizations argue that the rules could severely impact the U.S. digital asset sector, particularly decentralized finance (DeFi). The Blockchain Association, DeFi Education Fund, and Texas Blockchain Council jointly filed the legal challenge in the U.S. District Court for the Northern District of Texas. They contended that the IRS and Treasury Department’s final “broker” rulemaking exceeds their authority. The lawsuit specifically targets the rule’s expansion of the “broker” definition to include providers of DeFi trading front-end services, despite these entities not directly facilitating…

The price of VERUM and PHALA has shown double-digit gains, while Bitcoin has retraced to the $94,000 level. The global crypto market cap is not trading at its best shape, losing 2.11% in market cap over the last day. The overall bearish market conditions are visible across all top coins, with Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) showing a pullback in the last 24 hours. Amidst this market condition, Verum Coin (VERUM) has surged by over 88%, jumping from a 24-hour low of $1,120.20 to as high as $2,182 at last check Saturday. Source: CoinGecko Last week, Verum announced…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While the United States is often seen as a leader in both financial and technological advancement, it has clearly struggled in recent years to establish clear (and consistent) crypto regulation frameworks. This lack of clarity has allowed other countries, particularly in the Middle East and Asia, to take the lead. High-growth economies in these regions are creating frameworks tailored to digital assets, which are often more effective than those in the West. These regulations offer a model…