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Wyoming Introduces Legislation to Allow Funds to Diversify into Bitcoin

The state of Wyoming is introducing new legislation to allow permanent funds to diversify into Bitcoin, paving the way toward a Bitcoin Reserve. According to WY senator Cynthia Lummis, the proposal will “benefit our state as we lead the nation in financial innovation!” JUST IN: Wyoming introduces legislation to allow permanent funds to diversify into Bitcoin, Senator Cynthia Lummis says. — Watcher.Guru (@WatcherGuru) January 17, 2025 Recently, Senator Lummis and Donald Trump’s incoming Treasury Secretary Scott Bessent met to discuss the United States’ potential strategic Bitcoin reserve. Senator Lummis has been a strong advocate for establishing a Bitcoin reserve in the United States. She and other US senators introduced the bill to the senate last year, saying that Bitcoin as a reserve asset could rescue the US economy. Lummis’ draft for the Bitcoin Act of 2024 proposes the country create a reserve of the leading crypto. Its presence would strengthen the US dollar an...

Trump’s crypto wallet revealed before he takes office

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Donald Trump is set to take office on January 20, Inauguration Day, marking his second term as President of the United States.  The Republican, who has notably shifted his stance from being a staunch “dollar guy” to a pro-crypto advocate, has more than dipped his toe in the digital asset space in recent years with ventures including NFTs and trading cards. Recently, an image of Trump was even inscribed on a Bitcoin block through the use of the Ordinals protocol as a tribute to the incoming president. But what most investors are eager to uncover before he takes office is the content and value of the New Yorker’s crypto wallet.  Picks for you Not Bitcoin; R. Kiyosaki reveals the asset to buy before prices skyrocket 1 hour ago ...

VeChain Gets Boost From Market Rally: Can VET Hit $0.10 in January?

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The cryptocurrency market got a monumental jump in the third just after January’s midpoint. With positive sentiment abounding, a host of cryptocurrencies jumped in value Thursday. Among them is VeChain, but can the ongoing crypto market rally push VET to a $0.10 price in January? VeChain has quietly been one of the most promising cryptos toward the end of 2024. Although the project doesn’t have the same allure as Bitcoin (BTC), Solana (SOL), or Cardano (ADA), it has proven its worth by outperforming the trio over the last 24 hours. The question is, how high can it go toward the end of the inaugural month of 2025? Also Read: VeChain (VET) Targets $0.15 Despite New Year Drop: But When? VeChain Jumps 8% Amid Market Rally: Can VET Reach $0.10 Milestone Before February? There are many within the cryptocurrency market who expected big things this year. With US President-elect Donald Trump set to be inaugurated in just four days, he is poised to bring massive changes with him. More...

BRICS: Russia & Myanmar to Trade In Local Currency, Ditch US Dollar

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Russia is reaching out to Myanmar to advance and strengthen the de-dollarization agenda in 2025. BRICS member Russia is in discussions with Myanmar to conduct trade in local currencies and ditch the US dollar. The Putin administration is looking to launch a direct payment system with their respective local currencies, the kyat and ruble. The goal is to significantly reduce the usage of the US dollar and bolster local currencies for cross-border transactions. Also Read: Analysts Predict the Future of BRICS Currency BRICS: Russia & Myanmar Look to End US Dollar Reliance, Promote Local Currency Source: irrawaddy.com Myanmar’s Foreign Economic Relations Minister, Kan Zaw revealed that they are negotiating a local currency payment system with Russia. “We have been negotiating the kyat-ruble payment system to facilitate the bilateral trade. However, the central banks of the two countries have been keeping the current series of discussions at a very low profile,” he said. Th...

Solana Price Prediction: SOL Pumps 8% As This New Layer-2 Token Presale Charges Towards $11

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The Solana price pumped more than 8% in the last 24 hours to trade at $202.74 as of 9:59 p.m. EST as investors go long on the altcoin. The recent gain by the SOL price was enough to push the crypto’s weekly performance out of the red zone. As such, the Solana price is now over 3% up on the 7-day time frame. Solana Price Eyeing The Resistance At $210.85 4-hour chart for SOL/USD (Source: GeckoTerminal ) The Solana price breached the resistance level at $198.30 in the last couple of hours, and is now rising towards the next major mark at $210.85. With enough backing from bulls, the crypto might be able to flip this next barrier into support and potentially rise to as high as $226.55 in the short term. On the other hand, SOL failing to close a 4-hour candle above $210.85 within the next 12 hours might bring an end to the crypto’s bullish move. In this alternative case, traders might start to realize their profits. This potential sell volume could then lead to the Solana p...

6 Best Cheap Cryptos to Buy Now Under 1 Dollar January 15 – Flare, Hedera, Dogecoin

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The cryptocurrency market in 2025 will likely see significant progress as U.S. regulatory policies evolve. Many major banks are actively exploring tokenized asset projects, suggesting a promising future for the industry. A key development could be the ability of large financial institutions to provide secure custody solutions for cryptocurrencies. Enhanced custody frameworks would allow banks to manage digital assets with the same ease and reliability as traditional financial products, potentially transforming the digital asset landscape. In light of this, investors are searching for affordable tokens, particularly the best cheap cryptos to buy now under 1 dollar . 6 Best Cheap Cryptos to Buy Now Under 1 Dollar Decentraland (MANA) continues to progress steadily, strengthening its platform and fostering community engagement. Curve Finance has shown remarkable advancement and growth, solidifying its position in the decentralized finance (DeFi) sector. Flare (FLR) is gaining traction i...

Best Wallet’s $7.1 Million Presale Surge Highlights Its Potential as a Top Crypto Investment

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Best Wallet, a multi-currency cryptocurrency wallet, has already reached a significant milestone of $7.1 million in its presale. It offers a user-friendly interface and provides added value through its native token, BEST, which brings various benefits to users, such as lower transaction fees, early access to exclusive crypto projects, and enhanced staking rewards. The BEST token can be acquired through the presale or an airdrop. Best Wallet’s all-in-one solution for 2025 and beyond As 2025 approaches, the crypto market is buzzing with anticipation, especially with significant developments on the horizon, including potential political shifts that could impact the industry. One of the most exciting projects currently in the space is Best Wallet, a unique token and ecosystem aimed at revolutionizing how crypto users interact with their assets. Best Wallet is more than just a traditional crypto wallet; it is building a comprehensive ecosystem offering a range of functionalities....

5 Best Altcoins to Buy Now January 14 – OKB, Monero, Chainlink, AIOZ Network

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Changpeng “CZ” Zhao, the co-founder and former CEO of Binance, recently shared a message with his 9.4 million followers on X (formerly Twitter). The prominent crypto figure urged investors to “buy the dip” and capitalize on market downturns. In his post, CZ reminded his audience that when the market recovers, they will regret not purchasing BTC earlier and allow fear, uncertainty, and doubt (FUD) to influence their decisions. He emphasized the significance of holding onto assets and taking advantage of dips by purchasing more during these times, encouraging proactive action when opportunities present themselves. As expected, investors are searching for more affordable tokens to capitalize on the current market growth, particularly the best altcoins to buy now . 5 Best Altcoins to Buy Now  The Wall Street Pepe ($WEPE) token presale has reached over $40 million in just one month, indicating rising interest in the project. Meanwhile, Monero (XMR) has achieve...

Bitcoin price drop caused by profit-taking and macroeconomic conditions

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Bitcoin dropped to $89,900 on January 13, its lowest decline in two months James Toledano, COO at Unity Wallet, said one of the reasons for the drop is profit-taking after Bitcoin hit $108,000 in mid-December The inauguration of President-elect Donald Trump could spark renewed buying interest, Toledano said Bitcoin fell below $90,000 for the first time in two months, dropping 3.6% in 24 hours as the market experienced selling pressure. Data from CoinMarketCap shows that Bitcoin’s price dropped to around $89,900 on January 13. However, at the time of publication, it’s trading over $95,000. Bitcoin drops below $89,000. Source: CoinMarketCap According to James Toledano, COO at Unity Wallet, there are several reasons why Bitcoin’s price fell. “The first is profit-taking, after hitting a peak of around $108,300 in mid-December, the market has seen a massive amount of it, particularly following the election of pro-crypto President-elect D...

Unicorn Fart Dust Price Prediction: UFD Soars 22% As Investors Pivot To This Pepe Rival That’s Roared Past $47M In Presale

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The Unicorn Fart Dust price has soared 22% in the last 24 hours to trade at 0.1907 as of 4:00 a.m. EST on a 48% pump in trading volume to $42.7 Million. Unicorn Fart Dust Price Suggests An Impending Bullish Rally The UFD/USD chart on the 30-minute timeframe highlights a crucial phase in price movement, blending periods of consolidation, breakout, and support testing. Currently, the price is trading at $0.1907, and is positioned slightly below the 50-period Simple Moving Average (SMA 50), which serves as immediate resistance at $0.1943. Below, the 200-period SMA, situated at $0.1414, provides a technical safety net and long-term support. The wide gap between these two SMAs highlights the broader bullish trend, even as the price undergoes a temporary retracement. Recent price action reveals a well-defined support zone between $0.18 and $0.19, where buyers have previously stepped in, while the major resistance zone at $0.28–$0.30 represents a key area where selling pressure has r...