24H Hot Currencies and News | Texas submits bill to establish a strategic reserve of Bitcoin; Ukraine may legalize crypt

24 H popular currencies

1. Popular currencies on CEX

CEX top 10 trading volume and 24-hour rise and fall:

• BTC: -0.58%

• ETH: +1.99%

• XRP: -0.30%

• DOGE: -0.52%

• SOL: +0.29%

• SUI: +4.13%

• LINK: +20.66%

• PEPE: -4.10%

• TRX: +6.48%

• AVA: +231.58%

24H increase list (data source: OKX):

• AAVE: +24.13%

• LINK: +21.92%

• CRV: +10.99%

• COMP: +9.75%

• AVAX: +9.73%

• MKR: + 8.99%

• OP: +8.92%

• ENS: +5.56%

• UNI: +4.14%

2. Top 5 popular memes on the chain (data source: GMGN):

• gooch chain

• rich

• DUCK

• SigmaBoy

• RISE

3. Todays most searched currencies

• AAVE, ranked first in the 24-hour gain list. AAVE is the native token of the Aave protocol, a decentralized kripto lending platform that allows users to deposit and earn interest or borrow to obtain liquidity. The core functions of the AAVE token include: governance voting (users can participate in protocol decision-making), secured collateral (AAVE can be used as collateral for borrowing), fee discounts (using AAVE can reduce transaction fees) and security module staking (users can stake AAVE to provide system insurance and receive rewards)

• AVA, the token of Travala, a travel service provider that can be paid in cryptocurrencies , has risen by more than 200% in 24 hours due to the investment news announced by CZ.

• Wise Monkey, a meme on the BSC chain . According to previous news, Binance will support the airdrop of this token to holders of Floki and APE.

Berita utama

Texas Republican Representative Submits Bill to Create a Strategic Bitcoin Reserve

Texas Republican Representative Giovanni Capriglione announced the introduction of legislation to establish a strategic Bitcoin reserve that will serve as a testing ground for the U.S. Treasury Department. The proposed bill would enable the state to begin building a strategic Bitcoin reserve, receiving taxes, fees, and donations in Bitcoin, which would be retained for at least five years. The bill is intended to provide a way to strengthen the states fiscal stability and make it a leader in Bitcoin innovation.

Capriglione said that the biggest enemy of our investment may be inflation, creating a strategic Bitcoin reserve and investing in Bitcoin will be a win-win for the country. I just submitted the bill, titled Establishing a Bitcoin Reserve within the Texas Department of the Treasury and Government Entities to Manage Cryptocurrencies. Texas is not only the second largest state in the United States in terms of economic size, but also the region with the highest concentration of Bitcoin miners in the United States.

Ukraine may legalize cryptocurrency in early 2025

Ukraine may legalize cryptocurrencies in the first quarter of 2025, but tax exemptions are unlikely. Danylo Hetmantsev, chairman of the Ukrainian Parliaments Finance, Tax and Customs Policy Committee, said: Speaking of cryptocurrencies, the parliaments working group is completing the first reading of a draft law. I believe that the text, developed in cooperation with the National Bank and the International Monetary Fund (IMF), will be ready after the New Year. Our goal is to pass this law and legalize cryptocurrencies in the first quarter of 2025. Hetmantsev also stated that cryptocurrencies will not be tax-free, and the form of taxation will mimic securities, taxing profits when assets are converted into currency. After consultation with European experts and the IMF, we have taken a very cautious approach to using cryptocurrencies for tax exemptions, as this could exacerbate tax evasion in traditional markets.

Alipay denies rumor: Alipay can buy cryptocurrency is false news

Alipay published a post on its X platform to refute the rumor that Alipay can buy cryptocurrency is false. According to previous news, community users reported that some mainland Chinese users recently received promotional advertisements for cryptocurrency funds on the Alipay fund page, with the content Global investment, cryptocurrency soaring, 10 yuan investment, get on board now. After verification, the fund is Huabao Overseas Technology C (QDII-FOF-LOF), which is a model of compliant investment in overseas assets, indirectly holding Coinbase stocks and ARK Invest Bitcoin spot ETF. Currently, each person is limited to purchase 1,000 yuan per day.

OpenSea changes X account avatar to Pudgy Penguins

OpenSea has changed the X accounts homepage avatar to the Pudgy Penguins image.

berita industri

Pro-crypto Rep. French Hill wins Financial Services Committee chair position

Crypto supporter and U.S. Rep. French Hill of Arkansas defeated three other competitors to win the position of Chairman of the Financial Services Committee. French Hill reportedly said in an Unchained podcast in July that stablecoins and market structure legislation would be the two bills he most wanted to pass after becoming chairman.

Berita Proyek

Amazon plans to donate $1 million to Trump inauguration

According to the Wall Street Journal, Bezos Amazon (AMZN.O) plans to donate $1 million to Trumps inauguration.

CZ: Invested in crypto travel platform Travala.com before the pandemic

CZ posted on the X platform that he had invested in the crypto travel platform Travala.com before the pandemic and before the crypto winter. It is reported that the platform disclosed that its annual revenue has reached the milestone of US$100 million.

Berita sebelumnya mengatakan that Travala, a travel platform that supports crypto payments, plans to launch a Bitcoin reserve plan .

The market value of Base鈥檚 on-chain AI proxy token VIRTUAL has exceeded $2.1 billion, setting a new record high

Berdasarkan GMGN data, the AI agent token VIRTUAL on the Base chain is currently priced at US$2.18, with a market value of US$2.18 billion, continuing to set a new historical high, with a 24-hour increase of 13.7%.

Investasi dan Pembiayaan

Fantasy.top Completes $4.25 Million Seed Round, Led by Dragonfly

Fantasy.top, a decentralized card game based on Blast, announced the launch of the second version of the platform, Fantasy V2, and completed a seed round of financing of US$4.25 million. This round of financing was led by Dragonfly and participated by Manifold Ventures. The financing will be used to enhance Fantasys core products: card trading games and virtual guessing.

Solana-based tokenization platform AgriDex completes $4 million strategic round of financing

Solana-based tokenization platform AgriDex has raised $4 million in a strategic round of financing led by Portal Ventures, with participation from Endeavour Ventures, Hawkwood Capital, HU Investments, FS Ventures, and Sycamore Gap Management Ltd. Company. Angel investors also participated in this round of financing, including Tobechi Bolanle Taiwo of Palantir and Anna Yuan of Perena.

It is reported that AgriDex plans to tokenize $4.5 billion in trade commitments and expand to new commodities such as West African cocoa and Eastern European wheat. Previously, the platform has tokenized agricultural products such as wine, olive oil, coffee and livestock. As a London-based agricultural product tokenization platform, AgriDex provides direct trading channels through NFTs, ensures transaction transparency, and supports compliance control, quality inspection and commodity tracking.

Avalanche Completes $250 Million Private Funding, Galaxy Digital and Others Participate

Avalanche Foundation announced that it has raised $250 million for its blockchain platform through a private token sale, with Galaxy Digital, Dragonfly and ParaFi Capital participating with more than 40 other companies. It is reported that this is not the first large-scale fundraising by Avalanche. As early as December 2021, at the peak of the last cryptocurrency bull market, Avalanche Foundation raised $230 million in a similar token sale.

Stablecoin-driven new bank KAST completes $10 million seed round, led by Peak XV and HongShan

Stablecoin-driven neobank KAST has raised $10 million in seed funding, led by Peak XV and HongShan, with participation from partners at DST Global and Goodwater Capital. KAST declined to disclose user numbers or valuation, but said its growth in the first four months of operation had exceeded expectations. Peak XV and HongShan are Indian and Chinese investment institutions that spun off from investment giant Sequoia last year.

KAST is a USD-denominated neo-bank-like platform that allows customers to hold and use stablecoins through traditional payment channels. Kast also issues credit cards that are compatible with standard merchant networks, allowing users to use their stablecoins at merchants that do not support crypto transactions.

Co-founder Raagulan Pathy, who previously headed Circle鈥檚 Asia-Pacific business, said the banking infrastructure in many countries was severely lacking in cross-border capabilities. The platform aims to reduce friction in international payments by bypassing traditional banking networks.

Superform Labs Completes $3 Million Strategic Round of Financing, Led by VanEck Ventures

Superform Labs, a cryptocurrency investment application development company, announced the completion of a $3 million strategic round of financing, led by VanEck Ventures, with participation from Polychain Capital, CMT Digital, Amber Group, Node Ventures, BlockTower Capital, Heartcore Capital, Maven 11 Capital and UpTop Capital. As of now, its total financing amount has reached $9.5 million.

Superform is a permissionless, cross-chain yield pasar that allows DeFi protocols to list their vaults or asset pools where crypto users can deposit funds and earn yield.

Suara Karakter

Trump: Great things will happen in the cryptocurrency space

According to market news, Trump said that he will do something great in the field of cryptocurrency (WILL BE DOING SOMETHING GREAT WITH CRYPTO). Trump also said that for me, the stock market is everything and it is very important.

CryptoQuant: ETH is expected to break through $5,000 as demand and on-chain activity increase

CryptoQuant analysts said that if current supply and demand trends and investor interest continue to rise, Ethereums price could exceed $5,000. They added that Ethereums on-chain activity has increased, with daily transactions and dApp usage pushing up network fees, and supply growth slowing due to increased ETH destruction.

CryptoQuant analysts also point to Ethereum鈥檚 realized price band as a key metric in their assessment. The realized price represents the average price at which Ethereum changes hands. The realized price band is currently capped at $5,200, and as new buyers purchase Ethereum at higher prices, this price band cap will continue to rise, indicating the potential for further gains in the current market cycle.

Charles Schwabs new CEO: Preparing to launch spot crypto trading business

Rick Wurster, president and new CEO of Charles Schwab, has previously said that the company will seek to offer spot cryptocurrency trading once the U.S. regulatory environment changes. He said that Charles Schwab is preparing for this possibility. The company currently offers exchange-traded funds (ETFs) and cryptocurrency futures linked to cryptocurrencies. It is reported that Rick Wurster will officially take over as CEO on January 1, 2025.

Electric Capital: Solana surpasses Ethereum as fastest growing ecosystem in terms of new developers

A developer report from venture capital firm Electric Capital found that Solana is the blockchain of choice for new developers. The report found that of the 39,148 new developers who began exploring cryptocurrencies this year, 7,625 developed on Solana, which means the number of developers on the network has increased by 83% year-on-year. This is the first time since 2016 that the Solana blockchain ecosystem has grown faster than Ethereum, the report said. However, in terms of total number of developers, Ethereum is still the largest blockchain in North America, South America, Asia, Europe, and Africa. In terms of number of developers, Solana ranks second in the same regions. Electric Capitals report also found that in 2024, Aptos, Base, Bitcoin, Internet Computer, NEAR, Polkadot Polygon, Starknet, and Sui each added more than 1,000 new developers. In addition, BNB, Optimism, Scroll, Stellar, and TON also added 500 new developers.

This article is sourced from the internet: 24H Hot Currencies and News | Texas submits bill to establish a strategic reserve of Bitcoin; Ukraine may legalize cryptocurrency (12.13)

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