Cryptocurrency continues to make major strides in the market, despite not being mentioned in Trump’s recent bill, showing that
Bitcoin can still thrive. Many new altcoins are gaining traction, such as the
America Party token, seeing a 500% increase shortly after being launched. Another phenomenon to watch are
dormant Bitcoins, referred to as 'sleeping', adding another facet of intrigue to the crypto space.
Ethereum, a significant player in the decentralization movement might be at risk if decentralization becomes a mere buzzword.
Recently, Congress passed a bill that affects
stablecoins, revealing both the growth and legal scrutiny in this crypto corner. Iconic band
Iron Maiden marked its 50th anniversary with a new coin, showing the intertwined relationship between pop culture and crypto. Despite the competition with other platforms,
Coinbase remains a major contender, continued acquisition of Bitcoin sustaining its relevance.
Many new altcoins, or 'memecoins', saw significant growth following Trump's recent victory. On the negative, the cost of mining Bitcoin is becoming increasingly unaffordable, with costs exceeding $138,000 per coin in the US and nearly $200k in Germany.
JD Vance, the vice president, has recently given some positive news to
Bitcoin investors, sparking a wave of anticipation within the industry.
As crypto popularity increases, the sub-genre of 'memecoins' continues expanding, with stars from Trump to Andrew Tate and even Elon Musk throwing their hat into the ring. Notably,
Shiba Inu continually proves itself to be more than just a meme coin, standing firm amidst the growth and fluctuation in the crypto market.
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