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Democrats Say Republicans Giving Crypto and Wall Street a ‘Handout’ With New Digital Asset Market Structure Bill

A newly-introduced crypto bill is causing a stir among US lawmakers as Democrat members of the House of Representatives accuse Republicans of focusing on less important issues.

Last week, House Committee on Agriculture Chair Glenn Thompson, along with Representatives French Hill and Dusty Johnson, introduced the Financial Innovation and Technology for the 21st Century Act.

According to Congressman Thompson, the bill seeks to provide the crypto markets with a “much-needed regulatory framework” that can protect investors and bolster America’s position in the nascent industry.
Shiba Inu (SHIB) Layer-2 Protocol Shibarium Relaunch Reaches 50,000 Wallets, Spurs BONE Rally

The relaunch of memecoin Shiba Inu’s (SHIB) layer-2 scaling solution Shibarium has reached over 50,000 wallets, sparking a rally for Bone ShibaSwap (BONE), the token associated with paying the protocol’s gas fees.

Shibarium, which launched earlier this month, experienced technical difficulties last week associated with the rush of new users and transactions taking place over it and had to temporarily shut down.
Chainlink Price Sees Heightened Surge as LINK Bulls Count on Network’s Growth

Chainlink’s native cryptocurrency, LINK, has been on a relentless uptrend, emerging as one of the best-performing crypto assets in recent weeks.

Over the past month, LINK has demonstrated impressive strength, posting gains of approximately 31%, ascending from $5.70 on August 31 to an impressive $8 as of September 28. Notably, LINK’s enthusiasm shows no signs of abating, with traders gearing up for further gains in October.
Crypto Trader Issues Warning on Bitcoin, Says a ‘Brief Correction Is Brewing’ – Here Are His Targets

Crypto trader Ali Martinez is warning that Bitcoin (BTC) will likely soon undergo a short-lived market correction.

Martinez tells his 32,300 followers on the social media platform X that he expects Bitcoin to pull back after nearing $38,000.
Bitget Further Commitment to Sports Entertainment With Exclusive Initial Listing of OVAL3

December 20, 2023 – Victoria, Seychelles

Bitget, the world’s leading cryptocurrency exchange and Web 3.0 company, is thrilled to announce the exclusive initial listing of OVAL3 (OVL3), the world’s first rugby Web 3.0 game token.This marks another milestone in Bitget’s commitment to bringing unique and groundbreaking projects to its platform.

OVL3 stands at the intersection of sports and digital entertainment, offering enthusiasts a revolutionary gaming experience.
Bank of England, HM Treasury Respond to Digital Pound Consultation Amid Strong Public Interest

Amidst public interest, the Bank of England and HM Treasury have addressed key concerns regarding the digital pound, reassuring the public of stringent legislative measures for privacy and control, alongside the maintenance of traditional cash.

HM Treasury and Bank of England Respond to Public’s Digital Currency Concerns, No Final Decision yet on Digital PoundThe Bank of England and HM Treasury have unveiled their response to the public consultation on the potential introduction of a digital pound, following engagement from the public and industry experts. Over 50,000 responses were received, indicating the public’s interest in the future of digital currency in the United Kingdom.

Key concerns raised by the respondents centered around privacy and control of funds, along with the continued availability of traditional cash. The authorities have assured that robust legislative measures will be implemented to safeguard user privacy and control before the roll-out of any digital pound. This includes primary legislation to ensure that neither the Bank of England nor the government will have access to users’ personal data.
The Very Best Settlement Approaches for Online Casinos: A Comprehensive Overview

When it comes to dipping into online gambling establishments, among the most crucial elements to think about is the repayment approach you make use of. A trusted and secure repayment method not just ensures smooth deals yet additionally safeguards your individual and monetary information. In this short article, we will explore the very best repayment approaches for online gambling enterprises, taking into consideration variables such as safety, comfort, and schedule.

1. Debt and Debit CardsCredit score and debit cards are the most widely approved settlement techniques at online casino sites. They offer convenience and simplicity of usage, permitting you to make deposits and withdrawals using your existing cards.

The majority of on the internet casino sites accept major credit report and debit cards such as Visa, Mastercard, and American Express. When using a credit scores or debit card, your transactions are refined instantaneously, permitting you to start playing your favorite gambling establishment games with no delays.
Crypto Analysts Bold Prediction: Bitgert Coin Set to Explode This Week – What’s Behind the Optimism?

Analysts suggest that Bitgert’s BRISE coin can even give hard competition to the blue-chip tokens in the long run.

Look at this token as a gold mine, as the market anticipates its explosive outburst and rapid growth. Bitgert’s BRISE coin outperformed every other token in the market in 2024. With the market brewing up for a rise again, this token is expected to grow further.
Fidelity Drops Staking Plans From Ethereum ETF Filing, Boosting Approval Odds Amidst SEC’s Sudden U-Turn

$4.9 trillion asset manager Fidelity has filed an amended S-1 registration statement with the United States Securities and Exchange Commission (SEC) for its spot Ether exchange-traded fund (ETF).

Fidelity has removed staking plans from their updated ether proposal ahead of approaching deadlines for such ETH-based products. This adjustment is expected to increase the chances of approval following a recent U-turn from the SEC.

Fidelity Adjusts Ether ETF FilingIn the updated S-1 application submitted on Tuesday, the clause stating Fidelity would stake a portion of the fund’s assets through third-party infrastructure providers was notably removed. The asset management giant clearly indicated in the new registration statement that it would “not stake the ether” stored with the custodian.

Staking refers to the process through which users lock Ethereum tokens on the network for a stipulated period of time in exchange for rewards. Staking became a key component of Ethereum’s consensus model with the blockchain’s transition to a proof-of-stake security system in September 2022. It’s mainly deemed passive income among cryptocurrency traders.