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Weeks after declaring the intention to run against Senator Elizabeth Warren in the upcoming Senate election, Attorney Deaton has urged his followers to support his campaign with crypto donations.
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#XRP (XRP) and Dogecoin (DOGE) rank among the notable gainers in Grayscale’s latest weekly snapshot featuring the top 10 best-performing cryptocurrencies. According to the data, Dogecoin and XRP recorded strong weekly returns between December 26, 2024, and January 2, 2025. This significant feat elevated them to Grayscale’s list of top gainers over the past week. XRP and Dogecoin Weekly Performances Per the data, XRP registered a return of 11.9% in the past week, positioning it as the second-biggest gainer in the snapshot from December 26, 2024, to January 2, 2025. As of January 2, XRP boasts a year-to-date (YTD) return of 15.9%, pushing its market cap to $139.9 billion. Notably, XRP ranked behind Cardano (ADA), which took the first position with a weekly return of 12.2%. However, Dogecoin witnessed a surge of 8.6% within this timeframe, making it the fourth-biggest gainer for the period ending January 2, 2025. The data showed that Dogecoin has already soared 7.1% within the first two days of the year. When the data was published, Dogecoin had a market cap of $53.5 billion. #CryptoNews🚀🔥V
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"Is $1 DOGE Achievable? Expert Points to Distribution Phase as the Catalyst"
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MicroStrategy, a business intelligence firm that has turned to a #Bitcoin proxy company, announces plans to raise more capital to expand its Bitcoin bag. It is a new year, but the same old MicroStrategy. The largest corporate holder of Bitcoin has wasted no time in pursuing its insatiable ploy of holding more of the pioneering cryptocurrency. In an announcement on Friday, January 3, the software firm stated it plans to raise $2 billion to buy more Bitcoin. Again, MicroStrategy will leverage a debt instrument to raise the funds, offering preferred stocks to interested investors. MicroStrategy to Raise $2B to Buy More Bitcoin MicroStrategy’s latest move aligns with its plan to raise $21 billion through equity sales and $21 billion of fixed-income instruments in the next three years to buy more Bitcoin. The Michael Saylor-co-founded firm introduced the initiative, fondly termed the “21/21 plan,” in October and has raised over $7.5 billion through the means. The proposed $2 billion preferred stock issuance will take precedence over the company’s class A common stock. It will feature provisions including convertibility into class A shares, the payment of cash dividends, and the option for share redemption. Nonetheless, MicroStrategy has not determined the price or other details of the offering. Furthermore, the software firm reserves the right to discontinue the offering but will execute it, if at all, in the first quarter of the year. #CryptoNewsCommunity
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"XRP's 1,000% Gains Linked to Bitcoin Dominance Declines: Will History Repeat Itself?"
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#Ripple CEO Brad Garlinghouse expresses optimism about the future of the crypto industry following the inauguration of the 119th Congress. The Ripple CEO took to X yesterday to welcome the 119th United States Congress, which he hailed as ‘the most pro-crypto Congress in history.’ His statement signals a potential shift toward a more favorable regulatory environment for the crypto industry. This speculation comes amid growing demand for a clearer regulatory framework to guarantee investors’ protection and foster innovation within the industry. The Beginning of More Positive Developments for Crypto Garlinghouse emphasized that the inauguration of the most pro-crypto Congress marks the beginning of more positive developments for crypto. Notably, he recognized the energy and excitement building across the industry following the inauguration of the 119th Congress, which has more than 200 pro-crypto advocates. Pro-Crypto Advocates Fill 298 Congressional Seats It is common knowledge that the crypto industry was fully involved in the just-concluded 2024 U.S. election. The sector made significant financial donations to different congressional candidates directly and through political action committees (PACs). This effort paid off immensely, as most pro-crypto congressional candidates emerged victorious. Prominent cryptocurrency advocacy hub Stand With Crypto claimed that 298 pro-crypto advocates were inaugurated into the 119th Congress. #Crypto
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