Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Ted Cruz
The Fed and White House Want a CBDC: Ted Cruz
Ted Cruz (R-TX) – a crypto-supportive Republican senator – believes a US Central Bank Digital Currency (CBDC) is likely to become a reality. The politician believes both the Federal Reserve and the White House currently want one, and that the Democratic party won’t vote against its issuance. In an interview published by What Bitcoin Did on Friday, Cruz discussed the current political climate surrounding crypto. In general, the senator believes Democrats are more opposed to the industry than Republicans, due…
3 years ago
Ted Cruz Calls Out Liz Warren For Authoritarian Hatred Of Bitcoin: “They Can’t Control It”
Renowned Texas Rep. Ted Cruz is making waves after delivering a passionate defense of Bitcoin against its “authoritarian” critics. Calling out Elizabeth Warren and other “big government” Democrats, he said they only oppose the technology because they “can’t control it”. Bitcoin Beats Authoritarianism Ted Cruz aired his view on the matter during episode 109 of Verdict's political talk show on Saturday. In conversation with Michael Knowles, the two noted how Bitcoin was being used as a roundabout way of donating…
3 years ago
Ted Cruz Pushes for Capitol Hill Vendors to Accept Cryptocurrency
Ted Cruz – Republican Senator and Representative of Texas – wants to impose an El Salvador-esque mandate on Capitol Hill. He has put forward a brand new legislative proposal that would require all of its vendors to accept crypto payments. Also, Cruz has proven extremely supportive of cryptocurrencies before. And, his proposal could help other politicians become more familiar with the technology. Ted Cruz’s Proposal Two days ago, the Senator submitted the ‘‘Adopting Cryptocurrency in Congress as an Exchange of…
4 years ago