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At intra-day lows, ADA had dumped over 40% since its recent highs. But the worst might already be over, and 2025 could bring new highs.
XRP temporarily crashed as investors panicked after the Fed's hawkish comments
The new policy will take effect on January 15, 2025.
The proposal outlines a roadmap for the United States to foster growth in the digital asset industry.
Quick Take President-elect Donald Trump announced that Bo Hines, a former college football player who ran unsuccessfully for the House of Representatives in 2022, to lead his “Crypto Council” as the Executive Director of the Presidential Council of Advisers for Digital Assets. “In his new role, Bo will work with David [Sacks] to foster innovation and growth in the digital assets space, while ensuring industry leaders have the resources they need to succeed,” Trump wrote. Trump also earlier appointed Stephe
Quick Take Securitize, the broker-dealer for BlackRock’s BUIDL tokenized money market fund, has submitted a governance proposal that calls for adding the BUIDL token as a backing for Frax’s soon-to-be-relaunched Frax USD stablecoin. The stablecoin will come with a novel mint-redeem system and could also be backed by assets in tokenized funds managed by Superstate, Frax founder Sam Kazemian told The Block. While it has yet to come up for a vote, early feedback from Frax DAO members for the proposals is univ
- 02:50Solana AI Hackathon Winners Announced, The Hive (BUZZ) Named Best ProjectAccording to SendAI official news, the Solana AI hackathon announced the winners. The Hive (BUZZ) was named the best project of the hackathon and received a $60,000 prize. FXN and JailbreakMe were ranked 2nd and 3rd in the overall evaluation. More than 400 projects participated in the hackathon, of which 21 projects stood out and shared a prize of $275,000.
- 02:31Data: Bitcoin self-hosting losses exceed 1.5 billion US dollars, surpassing exchange incidentsRiver research analysis states that the loss of Bitcoin due to poor self-custody management has exceeded incidents related to exchanges, totaling about 1.6 million BTC (worth over $15 billion), higher than the losses caused by Mt. Gox hacking and FTX bankruptcy which amounted to 1.2 million BTC (over $11 billion). The study uses a probability model to analyze wallet activity and found that wallets not used for a long period (10 years or more) account for the majority of losses, while short-term inactive wallets have a lower probability of loss.
- 02:25Yesterday, the net inflow of Ethereum ETF in the United States spot market was 59.12 million US dollarsAccording to TraderT monitoring, the net inflow of the US spot Ethereum ETF yesterday was 59.12 million US dollars.