#MEMEAct WASHINGTON (TNND) — Senator Chris Murphy, a Democrat from Connecticut, announced on Tuesday that he has introduced the "Modern Rewards and Anti-Office Crime Act" or "MEM Act," aimed at federal officials issuing meme coins.
Meme coins are a form of cryptocurrency with an ironic or humorous tone due to their association with internet memes. President Donald Trump launched his own meme coin shortly before Inauguration Day and is now offering coin holders the opportunity to meet him at a gala dinner in Washington.
#BTCPrediction BTC Price Forecast for May 2025 Cryptocurrency analysts have examined Bitcoin price fluctuations in 2024 and previous years, so the average BTC rate, according to their forecasts, could be around $112,602.65 in May 2025. It may fall to at least $94,301.60. The maximum value could reach $130,903.69.
$BTC Britain does not plan to create a strategic bitcoin reserve The United Kingdom does not plan to follow the example of the United States and create a strategic bitcoin reserve. This was reported by Decrypt, citing a speech by Economic Secretary to the Treasury Emma Reynolds.
Reynolds spoke at the Financial Times Digital Assets Summit, taking place on May 6-7, 2025, in London.
"This is not suitable for our market. We understand that this is exactly what the United States is aiming for, but this is not our plan," Reynolds stated, commenting on the U.S. plans to create a crypto asset reserve.
At the same time, she noted that the United Kingdom and the United States continue to cooperate in other sectors, including crypto assets. A meeting of the working group on industry regulation will take place in June 2025, Reynolds added.
#FOMCMeeting The FOMC Meeting Will Impact Bitcoin and Markets
Investors Await Important Decision from the Federal Reserve Amid Growing Bitcoin Dominance and Volatility Expectations.
The Federal Open Market Committee (FOMC) is set to conclude its two-day meeting on May 7, 2025, which will have significant implications for both the stock and cryptocurrency markets. Investors are closely watching whether the committee will maintain interest rates at 4.50%, lower rates, or raise them. As expectations rise, market analysts are weighing the potential outcomes of the Federal Reserve's decision and the subsequent press conference with Chair Jerome Powell, which is expected to provide additional insight into the direction of the Fed's monetary policy.
#USHouseMarketStructureDraft Chairman of the Subcommittee Dasty Johnson added: "America must become the locomotive of investment in digital assets and innovation. For this to happen, we need common sense in regulation. It has been an honor for me to develop this language project with Chairmen Thompson, Hill, and Steele, and I look forward to refining and advancing our bill."
Chairman of the Subcommittee Brian Stale said: "The golden age of digital assets has already arrived, and the House of Representatives, under the leadership of Chairman Hill and Chairman Thompson, is leading in this direction. Our discussion project is aimed at ensuring that America remains at the forefront of financial innovation and global competition while protecting consumers from fraud. I look forward to feedback and the creation of a final product that will secure the dominance of the U.S. in this area."
#USHouseMarketStructureDraft Chairman Thompson added: "Regulatory clarity has long been overdue in the digital asset markets. Today marks the first step in advancing a comprehensive framework that protects consumers, promotes innovation, and addresses regulatory gaps in oversight. This will provide developers and users of digital assets with the confidence they need and have asked for. Members of the Agriculture Committee are proud to work with members of the Financial Services Committee led by Chairman Hill and Chairman Staley. And I am grateful to Chairman Dusty Johnson, whose bipartisan leadership has played a crucial role at every step of the way."
#USHouseMarketStructureDraft Chairman Hill said: "We have made historic progress in the 118th Congress in building a bipartisan, bicameral consensus to create a functional regulatory framework for digital assets. Our discussion draft is based on this work and provides the much-needed regulatory clarity for the digital asset ecosystem, protecting consumers and ensuring the long-term integrity of digital asset markets in the United States. I look forward to feedback from the public and working together with the Trump administration and my colleagues in the House of Representatives and the Senate to provide President Trump with a clear, solid foundation for America to remain the crypto capital of the world."
Chairman of the House Committee on Financial Services French Hill (AR-02), Chairman of the House Committee on Agriculture G. T. Thompson (PA-15), Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence of the House Committee on Financial Services Bryan Steil (WI-01), and Chairman of the Subcommittee on Commodity Markets, Digital Assets, and Rural Development of the House Committee on Agriculture Dusty Johnson (SD-AL) today published a discussion draft of a bill to establish a regulatory framework for digital assets in the United States.
$BTC Bitcoin is taking steps that may signal a market shift. These events could hint at opportunities not only for the leading cryptocurrency but also for others. Which alternative coins might take advantage of this moment? The answers may surprise everyone who is closely following digital currencies.
#MarketPullback Crypto trading cooled off sharply in the first quarter of 2025. According to CoinGecko’s Q1 crypto industry report, spot trading volume on the top ten centralized exchanges (CEXs) totaled $5.4 trillion, a 16.3% drop compared to Q4 2024.
Binance held on to its lead with a 40.7% market share, although its monthly volume tumbled from over $1 trillion in December to $588.7 billion in March. Meanwhile, HTX stood out as the only exchange among the top ten to post growth, up 11.4% for the quarter. Upbit suffered the steepest decline, with volume plunging 34% to $371 billion.
#USStablecoinBill President of the United States Donald Trump delivers a speech at the White House summit on digital assets at the White House on March 7, 2025, in Washington, D.C. Administration officials stated at the blockchain summit on Wednesday that Trump hopes to sign a bill on stablecoins before the August recess.
$USDC централизованная криптовалюта, стоимость которой фиксирована относительно доллара США (стейблкойн). USDC управляется консорциумом, который был основан компанией Circle. Консорциум включает в себя членов криптовалютного сервиса Coinbase и майнинговой компании Bitmain, инвесторы компании Circle. USDC является вариантом частных денег, не является цифровой валютой центрального банка.
Approximately 40 days ago, Bitcoin.com News reported that the Royal Government of Bhutan, through Druk Holding and Investments (DHI), moved 600 BTC, and at that time had a balance of 10,070 BTC. Since then, Bhutanese officials have apparently parted with 2,584 BTC—losing approximately $248 million in digital assets.
#AppleCryptoUpdate $XRPXRP is designed for cross-border payments, offering faster and more economical transactions than traditional banking systems. It operates on the $XRPLedger (XRPL) — a decentralized, open-source blockchain supported by a global community. $XRP is gaining increasing recognition for its utility as a bridge currency between various fiat currencies and its potential integration into a broader financial infrastructure.
Some analysts suggest that #XRP could reach a price of $100 in the long term. However, achieving such a valuation would require mass adoption and market capitalization likely exceeding that of Bitcoin — an outcome that many consider to be quite ambitious. While #XRPLedger offers clear technical advantages, the token faces challenges including price volatility and ongoing regulatory uncertainty. Critics also doubt whether the market can realistically support the capitalization needed to achieve such high price targets.
#DigitalAssetBill The bill aims to regulate VASP, establish operational standards, and implement measures to protect against financial crimes such as money laundering and fraud.
$BTC A new study shows that 68% of Americans purchased Bitcoin after President Trump announced the imposition of reciprocal tariffs, surpassing gold buyers by nearly 24%.
#AirdropSafetyGuide Teach Them How to Decline: Show your child how to decline an AirDrop request. If they receive anything unsolicited, they should be ready to reject it immediately. Turn Off AirDrop in Public Places: In crowded places like malls or parks, consider turning off AirDrop altogether to minimize the risk of unwanted transfers.
#AltcoinETFsPostponed Bloomberg ETF Analyst James Seyfart assessed the delays as expected, and the likelihood of approval for altcoin ETFs this year remains relatively high.
Donald Trump was inaugurated as the 47th president of the United States on January 20, 2025, marking the beginning of the first 100 days of his second presidency, which will end on April 30, 2025.