Senate Democrats introduced legislation that would bar sitting presidents, lawmakers, and their families from issuing, endorsing, or holding cryptocurrency.The End Crypto Corruption Act, announced May 6, seeks to prevent elected officials from personally benefiting from digital assets while shaping policy.Bill targeting Trump’s memecoin issuance drops amid stablecoin legislation worriesAs Senator Jeff Merkley’s (D-OR) office announced, the bill arrives just days before the Senate is scheduled to vote on the GENIUS Act, a stablecoin regulatory framework that could reshape how digital assets are governed in the United States.The timing has drawn sharp attention due to the surge of USD1, a stablecoin linked…
Author: cryphedge
The post Is Three or Four-Digit XRP Possible? Here’s What the Math Says appeared first on Coinpedia Fintech News There’s a lot of talk online about XRP possibly reaching huge price levels like $100, $500, or even $1,000. While that might sound far-fetched at first, some real-world use cases and numbers suggest it may not be so crazy after all. An X (formerly Twitter) account by the name Stellar Rippler pointed out that XRP was designed to handle fast, low-cost cross-border payments—something the current SWIFT system handles at a rate of about $5 trillion per day. If XRP eventually takes…
Over 2M TRUMP tokens worth $30M moved from Binance to MemeCore in under two weeks MemeCore holds $1.39M TRUMP at a $2.8M loss amid ongoing price decline to $10.58 TRUMP trading volume surged 33% to $774M as whale activity raised short-term volatility According to on-chain data reviewed during the time of writing, a newly created wallet withdrew 1 million TRUMP tokens valued at approximately $10.78 million from Binance within the past hour. The movement follows a string of similar high-value transactions between a Binance hot wallet and an address labeled “MemeCore” over the last two weeks. Between two weeks ago…
Bitcoin surged ~3% to $97,200 after US and China signaled upcoming trade talks in Switzerland. US Treasury Sec. Bessent & China’s Commerce Ministry confirmed willingness to engage on tariff issues. US stock futures (Nasdaq 100, S&P 500) jumped ~1% on the positive trade negotiation news. A significant thaw in the often-frosty trade relations between the United States and China sent a jolt of optimism through global financial markets late Tuesday and into Wednesday, propelling risk assets, including Bitcoin, sharply higher. The positive momentum came as officials from both nations signaled a mutual willingness to engage in substantive discussions aimed at…
The OG meme cryptocurrency Dogecoin (DOGE) seems to be moving in sync with the rest of the market. The asset was seen struggling throughout the past couple of days. DOGE recorded a nearly 8% downfall during the last week. At the time of writing, the asset was priced at $0.1669. This comes after a 1.88% drop over the past 24 hours. The latest dip is a major setback for DOGE investors who were expecting to witness a rise during May.Also Read: CIS-4 Expected Gains From US Dollar Dip, Got Export Pressure InsteadSource: CoinMarketCapAmidst this, there were notable developments taking place…
Bitwise CIO Matt Hougan cautioned that the digital asset market may face a turbulent summer if lawmakers in Washington fail to pass key crypto legislation, despite strong early momentum under President Donald Trump’s administration.In a note to clients, Hougan said crypto’s recent gains remain fragile without legal safeguards from Congress, warning that political gridlock could derail investor confidence just as the industry edges toward broader acceptance.White House offers limited protectionHougan expressed concern that the opportunity for lasting reform may slip away if Congress cannot advance bills addressing stablecoins and digital asset market structure.He said the regulatory groundwork laid in the…
Some of the strongest plays in 2025 will come from tokens that haven’t launched yet. These projects are building now. Launching soon. Still early. If you’re looking for smart entries before the noise hits, this list is for you. 1. Kaanch Network – Launch Approaching, Price Still $0.16 Kaanch is building DAO tools, staking systems, and governance infrastructure. Presale is in Stage 5. Price is $0.16. Stage 6 will move to $0.32. Product live Real use already underway Launch expected soon after Stage 6 ends This is a presale that still has room — but not for long. 2. NovaMesh…
Cardano holders are seeking other options after the token’s disappointing performance over the past few days. These traders are joining RCO Finance as its mega-successful presale nears its close. With major institutional backing and over $31 million raised from its presale, RCO Finance has become one of the most in-demand projects. Stay till the end to see why experts say RCO Finance will become one of the top crypto coins. Cardano Remains Volatile in Early May Cardano holders are disappointed by ADA’s recent drop. Like other tokens, Cardano benefited from Bitcoin’s return to the $95,000 range. However, high volatility wiped…
On May 6, New Hampshire officially became the first state to legally establish a strategic Bitcoin Reserve. Governor Ayottee signed House Bill 302 (HB 302) into law to create the nation’s first Bitcoin & Digital Assets Reserve Fund based on a framework lifted directly from Satoshi Action’s Strategic Bitcoin Reserve (SBR) model bill. STRATEGIC BITCOIN RESERVE IS LAW! pic.twitter.com/30zXx9srfJ — Dennis Porter (@Dennis_Porter_) May 6, 2025 The bill allows the state treasurer to allocate up to 5% of New Hampshire’s total funds into Bitcoin and other digital assets with a market capitalization above $500 billion. It also mandates that these…
Binance has introduced the Model Context Protocol (MCP) to its BNB Chain, enhancing AI integration into blockchain applications. The MCP protocol positions itself as the foundational layer for Binance’s AI initiatives, enabling scalable and real-time applications. On Tuesday, Binance Coin (BNB) exhibited recovery signals by trading at the $600 price range. This follows a long involvement within a consolidation period of the larger cryptocurrency market, after a prolonged, sustained increase throughout April. With the digital asset attempting to regain higher levels, the Binance ecosystem has announced a major update designed to speed up the deployment of artificial intelligence (AI) on…
