Regulation
Bessent is known to be very supportive of crypto and bitcoin in particular.
Markets
The price jumps for these older generation tokens are a sign that retail investors have returned to crypto, experts argued.
Meanwhile, President-Elect Trump plans to name his pick tomorrow or Monday. He has narrowed his search down to two main contenders, though two other names are still in the mix.
A picture is emerging of the types of people who are being considered for a role on Trump’s crypto advisory council, but sources emphasize anything could change.
Solana
Memes and memecoins are not just spreading on X anymore; the Gen Z-dominated video app TikTok is also increasingly getting into the act.
Tech
Monthly fees, daily active addresses, and daily tokens launched on Pump Fun have all hit all-time highs, according to two Dune Analytics dashboards.
Late Tuesday, the market cap of BONK reached a record $4.4 billion, making it the largest memecoin native to the Solana blockchain.
Business
Many in the crypto community have been skeptical of Warsh due to his previous advocacy of CBDCs.
DeFi
Tether’s USDT is responsible for the majority of the growth in the overall supply of stablecoins, but competition is heating up.
However, French Hill, who is also campaigning for the spot, has stronger existing ties to the industry.
