Melania Trump Touts Memecoin, Silent On $10M Team Sales

US First Lady Melania Trump has resumed promoting her Solana-based memecoin, MelaniaMeme (MELANIA), after months of silence, even as the project faces ongoing questions about millions of dollars in unexplained token sales. In a Thursday X post, Trump returned with an artificial intelligence-generated video promoting the Official MelaniaMeme token as the path “into the future,” tagging the official X account of the memecoin. However, blockchain analysts were quick to note that the promotion did not address concerns over token sales by team wallets. Source: Melania Trump “Melania Trump won’t address…

ETHZilla CEO Predicts Ethereum as Future of Finance

ETHZilla CEO McAndrew Rudisill has revealed he made the decision to go all in on Ethereum after seeing its potential in the nearly trillion-dollar global remittance market. Two months later, his formerly floundering biotechnology company is now the eighth-largest public Ethereum treasury in the world. “Ethereum is effectively a gateway for money supply globally to transmit in US dollars,” ETHZilla CEO McAndrew Rudisill told Cointelegraph. The company began life as Life Sciences Corp, a Nasdaq-listed biotechnology firm, which rebranded as ETHZilla Corporation in July, shortly after the US President Donald…

DOGE Rockets 11% in a Week, More Ahead?

Dogecoin breaks resistance with 11% weekly gains. Analysts see higher lows and strong momentum, eyeing $0.34 as the next target. Dogecoin (DOGE) was trading around $0.26 at press time, having gained 7% over the last 24 hours and 11% over the past seven days. This price action is turning heads as October begins with some hints of the momentum being a little stronger. Daily Breakout Signals Shift Analyst Trader Tardigrade reported that DOGE closed above a descending resistance trendline on the daily chart. The move was confirmed by the Relative…

Senator Ted Cruz Blocks Two Bipartisan Privacy Bills

Texas Senator Ted Cruz has blocked a privacy bill that seeks to protect all Americans from having their personal information exposed by data brokers — arguing that law enforcement needs access to some data and that the bill requires refinement. The Bitcoiner was the only US Senator to object to Democrat Senator Ron Wyden’s bill — Senate Bill 2850 — on Wednesday, arguing a lack of data could disrupt efforts to ensure that convicted sex offenders are kept away from children. SB 2850 seeks to stop brokers from exposing personal…

Big Money Addresses Cross $10M

ZEC hits new highs unseen since April 2022, driven by positive MVRV Z-Score, fresh money, and renewed investor attention. Zcash (ZEC) has emerged as one of the best-performing crypto assets this week. It surged past $150 on October 2nd after a staggering 54% increase in a single day. Over the last week, it has climbed by almost 140%. The latest surge catapulted the privacy coin to a high not seen since April 2022. Following the pump, ZEC has climbed to the 50th spot among cryptocurrencies, with a market capitalization exceeding…

Crypto.com brings Morpho lending to Cronos for stablecoin yields

Crypto.com users will soon be able to lend wrapped crypto assets and earn yield on stablecoins through Morpho, a decentralized finance (DeFi) lending protocol. According to a Thursday statement, Morpho will launch stablecoin lending markets on the Cronos blockchain, with the first vaults expected this year. The integration will allow users to deposit wrapped Ether (ETH) or Bitcoin (BTC) into Morpho vaults and borrow stablecoins against them to earn yield. Wrapped assets are tokens that represent another cryptocurrency on a different blockchain. On Cronos, wrapped tokens such as CDCETH and CDCBTC…

VanEck registers Lido Staked Ethereum ETF in Delaware

Key Takeaways VanEck has registered a Lido Staked Ethereum ETF in Delaware. Lido is a leading protocol that provides liquid staking for Ethereum, allowing users to earn rewards without asset lockup via tokens like stETH. Share this article VanEck, an asset management firm, has registered a Lido Staked Ethereum ETF in Delaware today. The filing represents another step toward specialized crypto investment products that incorporate staking mechanisms. Lido, a leading liquid staking protocol, enables users to stake Ethereum while maintaining liquidity through tokens like stETH. The protocol allows participants to…

New York State Senator Pushes Legislation To Tax Crypto Miners

New York State Senator Liz Krueger introduced a bill on Wednesday to impose excise taxes on energy used by crypto mining companies operating facilities in the state. The proposed excise tax, which is not the first legislative initiative of its kind, will be levied in tiers, with no charge for miners consuming 2.25 million kilowatt-hours (kWh) or less per year and a tax of 2 cents per kWh for miners who consume 2.26 million to 5 million kWh annually. Miners who consume between 5 million-10 million kWh per year face…

Spend Your Bitcoin, Don’t Just Hoard It

Opinion by: Carel van Wyk, CEO of MoneyBadger  “Hodl” is the rallying cry for many in the typical Bitcoin community because they believe they should spend “bad money” (fiat) and hoard “good money” (Bitcoin) as it may appreciate in value. But they misunderstand Gresham’s Law, which says, “Bad money drives out good,” because today, there is no reason to have bad money at all. There is a fundamental problem with the hodl approach, particularly in countries where the local fiat is under siege, like South Africa. It leads to people…

Sui Launches Native Stablecoins as Synthetic Dollars Surge

Synthetic stablecoins are returning to the spotlight this year — this time with renewed confidence in financial engineering designed to neutralize volatility through delta-hedged strategies. On Wednesday, SUI Group, a publicly traded company providing exposure to the Sui blockchain, announced plans to launch suiUSDe and USDi, described as the first native stablecoins of the Sui ecosystem. The initiative is being developed in partnership with Ethena Labs and the Sui Foundation. The two stablecoins take distinct approaches to maintaining a dollar peg. USDi will be fully backed by tokenized shares of…