US Bitcoin reserve asset bill could pass in Donald Trump’s first 100 days – Senator Cynthia LummisThe proposed legislation seeks to position the US as the largest government Bitcoin holder, echoing its gold reserve status.
Happy Tuesday!In today’s CryptoSlate newsletter, we highlight some of the most intriguing developments in the cryptocurrency sector: Senator Cynthia Lummis is hopeful that a proposed bill to create a U.S. Bitcoin reserve asset could be enacted within Donald Trump’s first 100 days, positioning the U.S. as the largest government holder of Bitcoin, much like its gold reserves. In another exciting update, the PEAQ token is gaining traction with its recent launch on 12 crypto exchanges, aimed at advancing decentralized physical infrastructure networks (DePIN) and democratizing the machine economy. Additionally, a recent survey reveals that over 30% of hedge funds and venture capital firms expect Solana (SOL) to reach $600 this cycle, signaling robust market confidence in its future. Stay tuned for more insights on these key topics! LATEST SLATECAST 🎙️ OORT’s Max Li emphasizes blockchain’s role in AI trust and ethics revolution The global crypto market cap is $2.88 trillion, with a 24-hour volume of $370.44 billion. The price of Bitcoin is $86,016.86, and BTC market dominance is 59.3%. The price of Ethereum is $3,229.24, and ETH market dominance is 13.5%. The best-performing sector is Media, which gained 7%. The Crypto Fear & Greed Index is currently Greed (80). 📰 Top News
US Bitcoin reserve asset bill could pass in Donald Trump’s first 100 days – Senator Cynthia LummisThe proposed legislation seeks to position the US as the largest government Bitcoin holder, echoing its gold reserve status. Peaq soars as trading goes live on 12 crypto exchanges, fueling global DePIN growthPEAQ token listing positions peaq to leverage real-world DePIN applications and democratize the machine economy. Hedge funds and venture capital firms expect Solana will hit $600 this cycle – SurveyOver 30% of the respondents in a MV Global survey believe SOL will register a new all-time high above $600.
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