November 17, 2024
What Happened in Crypto Today: Nobody Saw This Coming
 #CriptoNews

What Happened in Crypto Today: Nobody Saw This Coming #CriptoNews

Cash News

What Happened in Crypto Today: Nobody Saw This Coming
What Happened in Crypto Today: Nobody Saw This Coming

Everyone keeps saying Bitcoin’s hitting $500K under Trump, but Mike Novogratz isn’t buying it.

While crypto Twitter’s going wild with price predictions, Galaxy Digital’s CEO just gave a reality check that’s got everyone talking.

His take? That whole “Bitcoin Strategic Reserve” idea everyone’s banking on? Probably not happening.

And it’s not just about politics – it’s about those 36 trillion reasons (aka the national debt) that might make this dream a bit more complicated than anyone wants to admit.

But Novogratz isn’t exactly bearish. He’s just painting a different picture of how we get there.

So what’s really going on behind these mixed signals? Let’s make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours:

  • Ethereum’s Beam Chain promises a tech revolutionbut why are we waiting until 2029? Is this another “soon™” situation? 🤔

  • Coinbase does a complete flip on meme coins – PEPE pumps 69% and WIF hits near ATH. What other meme coins are they eyeing? 🐸

  • Cardano’s 52% surge hits pause as whales stop buying. Why did they suddenly lose interest when ADA was pumping? 📈

  • Coinbase’s “Tap to Pay” aims to hit 50 countries by 2025. But how is this different from existing crypto payment solutions? 💳

  • Pro-crypto Senator John Thune becomes Senate Majority Leader after a close 29-24 vote. Could this finally push crypto-friendly bills through Congress? 🏛️

Let’s dive in!

Justin Drake, a leading Ethereum researcher, shared a proposal called Beam Chain that’s making waves – and not just because of its ambitious goals.

The upgrade promises to revolutionize how Ethereum handles transactions and security. That’s the good news.

The catch? We might have to wait until 2029 to see it in action.

Some developers are backing this slow-and-steady approach.

But what is this chain about? And why is it gonna take so long? Read the full story!

Something just changed at Coinbase.

The exchange that once turned its nose up at meme tokens is now rolling out the red carpet for them.

Paul Grewal, Coinbase’s listing chief, shared on Twitter: “You’ve long wanted the frog. Well, soon you’ll get the frog.”

Just like that, PEPE shot up 69%. But that wasn’t all – they followed up by announcing Dogwifhat (WIF) too, pushing it near its all-time high.

This is a massive shift from Coinbase’s previous stance.

Since 2022, they’ve been firmly against listing tokens without utility. Now? They’re diving headfirst into meme territory.

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