The new bill, called the Pennsylvania Bitcoin Strategic Reserve Act, introduced in the Pennsylvania House of Representatives on Thursday, is the first of its kind and would allow the state’s treasury to allocate up to 10% of its roughly $7 billion state funds into bitcoin as a way to help combat inflation and diversify its investments beyond traditional assets like bonds and cash reserves. Read More… about Pennsylvania introduces bill for bitcoin reserve
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Detroit to accept cryptocurrency payments for taxes and fees
Detroit will become the largest city in the United States to accept cryptocurrency payments through a secure platform managed by PayPal, city officials announced. Read More… about Detroit to accept cryptocurrency payments for taxes and fees
Tether reveals $2.5 billion profit in Q3 2024
Tether Holdings, the company that issues the largest stablecoin USDT, reported net profit of $2.5 billion in the third quarter of the year, bringing year-to-date profit to $7.7 billion. The company also said it has over $6 billion in excess reserves. Read More… about Tether reveals $2.5 billion profit in Q3 2024
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Dogecoin Price and XRP Price Gain Momentum, but PropiChain’s Real Estate Use Case Drives 50,000% Potential
The crypto market keeps gaining traction as the Dogecoin price and XRP price continue to skyrocket as potential future investments. However, PropiChain is also carving out an untapped niche in blockchain as its real estate use case could drive 50,000% increase on investors’ portfolios. Read More… about Dogecoin Price and XRP Price Gain Momentum, but PropiChain’s Real Estate Use Case Drives 50,000% Potential
Qubetics Poised for Major Weekly Gains: Why It’s a Strong Contender Alongside AAVE and Cronos in November 2024
The crypto market is buzzing, and for good reason. Cronos (CRO) recently saw a major surge, with whales driving its trading volume to $1.2B amid a 45% price spike. This kind of action has many people wondering if Cronos can continue its rise or if it’s just a flash in the pan. Meanwhile, Aave (AAVE) continues to hold its ground in the decentralized finance (DeFi) space, offering users access to liquidity through its lending platform. However, with the latest developments in Qubetics ($TICS), it seems this new player could potentially outshine its predecessors. Read More… about Qubetics Poised for Major Weekly Gains: Why It’s a Strong Contender Alongside AAVE and Cronos in November 2024
Dogecoin Soars 81%, Shiba Inu Gains, & BlockDAG Presale Shatters Records With $123.5 Million Raised
Dogecoin’s impressive climb to the sixth-largest cryptocurrency with a $55 billion market cap is making waves, fueled by bullish indicators like the golden cross and rounding bottom patterns. Similarly, Shiba Inu’s recent 16% rally has captured market attention, with whales strategically holding substantial stakes even after securing profits. Read More… about Dogecoin Soars 81%, Shiba Inu Gains, & BlockDAG Presale Shatters Records With $123.5 Million Raised
BlockDAG’s $123.5M Presale & BULLRUN100 Bonus Go Viral: Why This Could Be a Game-Changer for Solana & Sui
As the cryptocurrency bull run intensifies, major assets are marking their highest achievements in more than a year. Solana has soared to an annual high of $224, propelled by burgeoning DeFi activities and a transaction throughput that eclipses Ethereum’s by a staggering 3,000%. Meanwhile, Sui’s market valuation has catapulted over $1.36 billion, driven by dynamic meme coin trading and its recent integration with USDC. Sui’s remarkable transaction speeds continue to draw a growing suite of decentralized applications, enhancing its robust ecosystem. Read More… about BlockDAG’s $123.5M Presale & BULLRUN100 Bonus Go Viral: Why This Could Be a Game-Changer for Solana & Sui