According to Blockworks, the Republican Party is finalizing its selections for House committee and subcommittee chairs, with significant implications for the crypto industry. Representative French Hill has been nominated to chair the House Financial Services Committee, a position that could influence future crypto policy. Hill previously served as the first chair of the House Subcommittee on Digital Assets, Financial Technology, and Inclusion, which was established during the 116th Congress by Chair Maxine Waters. Under the leadership of Patrick McHenry, the subcommittee expanded its focus to include cryptocurrency matters, holding hearings on decentralized finance (DeFi), crypto market structure, and the role of federal agencies. Hill's nomination received bipartisan support, with Democrat Ritchie Torres expressing optimism for continued cooperation in the next session. Meanwhile, Glenn Thompson is expected to retain his role as chair of the Agriculture Committee, which plays a crucial role in commodities and derivatives markets. Thompson introduced the Digital Commodity Exchange Act in the previous session, a bill that influenced the Financial Innovation and Technology for the 21st Century Act (FIT21). This legislation, which passed through the Agriculture Committee and the full House with bipartisan support, aims to grant the Commodity Futures Trading Commission (CFTC) authority over crypto spot markets. Thompson emphasized that the bill was crafted with extensive feedback from stakeholders and market participants, aiming to close existing authority gaps and ensure U.S. leadership in financial and technological innovation. The nominations for committee chairs must be ratified by the House Republican Conference, which is expected to convene next week. In the Senate, there is uncertainty regarding the confirmation of SEC Commissioner Caroline Crenshaw, with Senate Banking Committee Chair Sherrod Brown attributing the delay to Republican senators prioritizing corporate interests. The upcoming week is anticipated to bring further developments in these areas.

Bitcoin (BTC) remains on an upward trajectory, supported by strong buying activity. source: https://ambcrypto.com/1-28-btc-bought-for-every-bitcoin-sold-is-a-new-ath-coming/

A widely followed crypto analyst says that Bitcoin’s (BTC) still has upward momentum while updating his outlook on payments network Stellar (XLM). In a new thread on the social media platform X, pseudonymous crypto strategist Rekt Capital tells his 519,600 followers that it appears as if the top crypto asset by market cap’s technical uptrend […] The post Crypto Trader Claims Bitcoin’s Uptrend... source: https://dailyhodl.com/2024/12/13/crypto-trader-claims-bitcoins-uptrend-is-still-intact-updates-outlook-on-top-xrp-rival/

A staggering $5 billion in lost and forgotten cash and assets are waiting to be claimed in one US state, according to a new report. The Illinois Treasury Department says residents are sitting on a serious pile of unclaimed assets, reports the Chicago Sun-Times. The assets are typically located in neglected bank accounts and safe […] The post Staggering $5,000,000,000 in Cash and Assets Waiting... source: https://dailyhodl.com/2024/12/13/staggering-5000000000-in-cash-and-assets-waiting-to-be-claimed-by-residents-in-one-us-state-report/

Blockchain AI company, imgnAI has introduced NAIFU, a new meme connected to its virtual AI companion, Naifu. According to a news release, NAIFU is only compatible with IMGNAI, the native token of imgnAI, and was first introduced on the Base network. Naifu provides real-time interactions and creative customization thanks to its sophisticated, large language and […] The post imgnAI Launches... source: https://coinscreed.com/imgnai-launches-naifu-token-to-advance-unfiltered-ai-in-web3.html

The best crypto for long-term investment, such as Bitcoin, Ethereum, Binance Coin, Cardano, and Solana, combine robust technology, real-world utility, and strong market adoption. <p>The post Best Cryptos for Long-Term Investment first appeared on Ecoinimist.</p> source: https://ecoinimist.com/2024/12/13/best-cryptos-for-long-term-investment/?utm_source=rss&utm_medium=rss&utm_campaign=best-cryptos-for-long-term-investment

null source: https://x.com/BTC_Archive/status/1867670431857357235

The firm touches on where the industry is going and where prices are headed. source: https://www.bankless.com/read/vaneck-releases-crypto-price-predictions-for-2025

null source: https://x.com/BTC_Archive/status/1867669372401332525

If Donald Trump's promises of light-touch regulation come to pass, crypto may have to increasingly rely on self-regulation, one expert notes. source: https://www.thestreet.com/crypto/markets/is-the-crypto-industry-ready-for-self-regulation-under-trump

Michael Saylor's "debt/equity, Bitcoin, stock price" game is a double Ponzi structure, which has become the biggest time bomb in the current cryptocurrency field.

Gain in-depth insights into the Filecoin Foundation’s vision and strategic priorities. Looking ahead to 2025, the Filecoin Foundation’s primary goal is to mobilize the Filecoin community, make Filecoin run seamlessly, and achieve product-market fit.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

Stablecoins play a vital role in transactions, payments, and savings in the crypto industry.

RWA tokenization is not only a product of technological development, but also an important step in the integration of traditional finance and blockchain ecology.

BTC, Amazon, Why might tech giants like Amazon be reluctant to buy Bitcoin with cash? Golden Finance, Shareholders need to find a balance between speculative assets and core business investments.

The 2024 FIDE World Championship in Singapore has come to an end, with 18-year-old teenager, Gukesh Dommaraju of India emerging victorious after a gruling 14-match battle with the defending World Champion, Ding Liren from China.

As preliminary data comes out, expectations for the last Federal Reserve interest rate meeting in December 2024, 2024, are beginning to become clear.

Earlier this week, Ethena’s USDe surpassed DAI to become the world’s third-largest stablecoin.

Supplement hot knowledge about Goat and future AI Agents.