Here is a 2-minute breakdown of everything important that happened in crypto today.
Everyone keeps saying Bitcoin's hitting $500K under Trump, but Mike Novogratz isn't buying it.
While crypto Twitter's going wild with price predictions, Galaxy Digital's CEO just gave a reality check that's got everyone talking.
His take? That whole "Bitcoin Strategic Reserve" idea everyone's banking on? Probably not happening.
And it's not just about politics - it's about those 36 trillion reasons (aka the national debt) that might make this dream a bit more complicated than anyone wants to admit.
But Novogratz isn't exactly bearish. He's just painting a different picture of how we get there.
So what's really going on behind these mixed signals? Let's make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours:
- Ethereum's Beam Chain promises a tech revolution, but why are we waiting until 2029? Is this another "soon™" situation? 🤔
- Coinbase does a complete flip on meme coins - PEPE pumps 69% and WIF hits near ATH. What other meme coins are they eyeing? 🐸
- Cardano's 52% surge hits pause as whales stop buying. Why did they suddenly lose interest when ADA was pumping? 📈
- Coinbase's "Tap to Pay" aims to hit 50 countries by 2025. But how is this different from existing crypto payment solutions? 💳
- Pro-crypto Senator John Thune becomes Senate Majority Leader after a close 29-24 vote. Could this finally push crypto-friendly bills through Congress? 🏛️
Let’s dive in!
Why Everyone's Arguing About The Next Five Years?
Justin Drake, a leading Ethereum researcher, shared a proposal called Beam Chain that's making waves - and not just because of its ambitious goals.
The upgrade promises to revolutionize how Ethereum handles transactions and security. That's the good news.
The catch? We might have to wait until 2029 to see it in action.
Some developers are backing this slow-and-steady approach.
But what is this chain about? And why is it gonna take so long? Read the full story!
Coinbase's Loving Memes Finally?
Something just changed at Coinbase.
The exchange that once turned its nose up at meme tokens is now rolling out the red carpet for them.
Paul Grewal, Coinbase's listing chief, shared on Twitter: "You've long wanted the frog. Well, soon you'll get the frog."
Just like that, PEPE shot up 69%. But that wasn't all - they followed up by announcing Dogwifhat (WIF) too, pushing it near its all-time high.
This is a massive shift from Coinbase's previous stance.
Since 2022, they've been firmly against listing tokens without utility. Now? They're diving headfirst into meme territory.
What else are they planning on listing in the meme coin ecosystem? Read the full story!
Did Cardano's Hot Streak Just Hit a Wall?
Cardano's recent 52% price surge got everyone talking, but something interesting is happening behind those impressive numbers.
The latest data shows ADA taking a 5% dip, and the technical signals are sending mixed messages.
The Average Directional Index - a key trend strength indicator - just dropped from 70 to 45.02. That's still showing strength, but such a sharp decline is raising some eyebrows.
Here's where it gets interesting: look at what the big players are doing. The number of addresses holding between 1-10 million ADA increased from 2,432 to 2,451 in just five days. But then these "whales" suddenly stopped accumulating.
So how is this a bad sign? They are not selling it, right? Read the full story!
Coinbase's New 'Tap to Pay'
Coinbase’s new "Tap to Pay" feature aims to bridge the gap between crypto and everyday transactions.
Jesse Pollak, Coinbase Wallet's lead, revealed the plan at DevCon in Bangkok.
The goal?
Launch in 50 countries by 2025.
But here's what makes this different from your typical payment app: it combines traditional banking with crypto infrastructure.
Meaning? Read the full story!
Pro-Crypto Senator Just Became One of DC's Most Powerful Players
Crypto just got an unexpected boost in Washington.
John Thune, one of the Senate's most crypto-friendly voices, has clinched the position of Senate Majority Leader in a nail-biting vote of 29-24.
Thune has been a consistent advocate for sensible crypto regulation, co-leading the DCCPA in 2022 and standing up against SEC policies that threatened to stifle crypto innovation in banking.
So how many crypto advocates do we have holding such positions in the US now? Read the full story!
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