Crypto News

French Hill to Lead Powerful Congressional Panel Next Term: Report

Congressman French Hill will be the next chair of the powerful House Financial Services Committee, Punchbowl News reported Thursday.The Arkansas Republican was named to the role Thursday by the party's Steering Committee, which named the leaders of the various committees ahead of the 119th Congress's start next year. Hill will succeed North Carolina's Patrick McHenry, who will retire after 20 years in Congress and multiple terms leading Republicans on the Financial Services Committee.Hill has chaired the Digital Assets, Financial Technology and Inclusion subcommittee over the past few years and cosponsored the Financial Innovation and Technology for the 21st Century Act (FIT21), a market structure bill that much of the cryptocurrency industry hoped would become law. He's also introduced or cosponsored...

Pentagon Responds to Unidentified Drones Flying Over New Jersey

Recent drone sightings above New Jersey have sparked UFO speculation as U.S. officials and Pentagon dismiss "mothership" claims.Source link

Ethereum on Track for $5,000 as Network Activity Surges: Cryptoquant Report

Ethereum may be heading for a breakthrough above $5,000, with Cryptoquant analysts pointing to a mix of tightening supply, climbing demand, and lively network activity as driving factors. Will Ethereum Break $5K? Cryptoquant Highlights Key Indicators According to Cryptoquant‘s December 2024 analysis, ethereum (ETH) is riding a wave of favorable trends, fueled by data fromSource link

Memecoins Are Not Easy Money

Memecoins, whether people want to accept it or not, have become big business. Without delving into statistics, anyone immersed in the crypto space this year can confirm that memecoins have dominated conversations. Critics often argue that memecoins are just a rehash of Jordan Belfort’s “Wolf of Wall Street” era — a world of unregulated securities and insider trading. This time, however, the penny stocks have been replaced by on-chain memes financialized in ways that make it seem like anyone can create and profit from them.Yet, this perception of memecoins as a quick, easy way to win a digital lottery and become an overnight millionaire is deeply flawed. While they may be marketed as accessible and egalitarian, the reality is far...

Decrypt University to Relaunch Community With ‘Dynamic Utilities’ by Galaxis

Decrypt’s educational platform will relaunch in the new year with on-chain certification and dynamic utilities provided by Galaxis.Source link