Author: cointechies

SEC Commissioner Hester Peirce Says Trump Adminstration Should Do Three Things To Boost Crypto Industry  The Daily Hodl

Check out the latest information in Spanish. Solana price is currently in a massive supply zone after recent declines across the crypto industry over the past 48 hours. Notably, technical analysis suggests Solana price is headed for a massive breakout, with both price and market cap likely to rise more than 1,700% in the near future. This analysis is highlighted by the cup and handle configuration, which has been in use for over two years. A bullish cup-and-handle pattern on Solana’s chart points to an unprecedented rally to $4,000, according to a price analysis of Solana shared by crypto analyst…

Tokyo, Japan, December 11, 2024, Chainwire introduction As a Layer 1 blockchain, Parex Network continues to take important steps toward making the user-friendly Web3 experience available to a wider audience. Recent developments have improved network visibility, reliability, and overall ease of use, contributing to the growth of the Parex ecosystem. CMC Verification: Enhancing Transparency and Accessibility Parex Network has completed the official verification process of CoinMarketCap (CMC), one of the most trusted platforms in the crypto market. Recognized for its reliability and accessibility, CMC is used by millions of users around the world to track and analyze their digital assets.…

Comments from the heads of Wall Street giants suggest good news for the crypto economy. Goldman Sachs CEO David Solomon said the investment banking giant intends to evaluate trading in cryptocurrencies if U.S. regulations allow the bank. “At this time, as a regulated banking institution, we are not permitted to own cryptocurrencies like Bitcoin as principal,” he said at the Reuters Next conference on Tuesday, December 10. Ta. “We have been advising clients on a variety of these technologies and issues and will continue to do so in the future. But at this point, from a regulatory perspective, our ability…

Important points U.S. consumer prices rose at an annual rate of 2.7% in November, putting inflation above the Federal Reserve's 2% target. Traders expect the federal funds rate to be cut by a quarter of a percentage point at the next Federal Reserve meeting. Share this article New November CPI data released on Wednesday showed consumer prices rose as expected, especially since the November jobs report released earlier this month showed solid job growth. The Fed remained on track to cut interest rates next week.According to Bureau of Labor Statistics data released Wednesday, the consumer price index rose 0.2% from…

Check out the latest information in Spanish. As meme coins continue to capture the public's hearts and wallets, analysts are grappling with their irreverent and often decadent appeal. $Luigi is a meme token inspired by Luigi Mangione, the man responsible for the December 4 shooting death of UnitedHealthcare CEO Brian Thompson. The coin soared to a $77 million market cap just two days after its launch earlier this week, in what can only be read as a protest against Mangione's arrest on December 9th. Mangione has been treated as something of a hero for writing a manifesto against corporate greed…

Crypto Whales Get Nod From Eric Trump That Party’s Just Starting  Bloomberg

Emin Gün Schiller, co-founder of Ava Labs, said that the Bitcoin held by anonymous creator Satoshi could be at risk with the launch of Google's quantum computing chip. Avalanche founders urge the community to consider freezing Satoshi's BTC holdings, while analysts say the security risks are minimal. In a 2010 post, Bitcoin's creator left a solution to break through the threat of quantum computing to blockchain security. Satoshi, the creator of Bitcoin (BTC), holds over 1.1 million BTC tokens in 22 different public wallet addresses. These holdings have been dormant for a decade and are under wide scrutiny as sudden…

Bitcoin price today: $98,400 Bitcoin price was hovering around $98,400 on Wednesday after falling 4.47% since Monday. Microsoft shareholders on Tuesday rejected a proposal to add Bitcoin to the company's balance sheet. Increasing institutional capital inflows, Ray Dalio's support for BTC, and increased Bitcoin holdings by Mara Digital and Riot Platforms are providing some support. Bitcoin (BTC) price has rebounded slightly after falling 4.47% so far this week, trading around $98,400 on Wednesday. Bitcoin is showing mixed signals, and investors' indecision is clear. Microsoft shareholders on Tuesday rejected a proposal to add Bitcoin to the company's balance sheet, despite increased…

Eric Trump (President Donald Trump's second son) predicts that cryptocurrencies and blockchain will soon surpass traditional banking systems. At a recent Bitcoin conference in Abu Dhabi, President Trump said that the current banking system is quite “outdated.” If you want a loan for your dream home, it will take at least 90 days. But by then, your dream home might be sold. However, blockchain can solve this problem with a faster and more efficient process. He also added that blockchain can do everything the traditional banking system can do, faster, better and cheaper. President Trump's position on virtual currencies Eric…