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America Loves Crypto

Bipartisan Consensus Emerges on Final Day of America Loves Crypto Tour

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The final event of the America Loves Crypto tour took place yesterday in Washington, D.C. as the country counts down to the 2024 election. Speakers including Coinbase CEO Brian Armstrong, ConSensys CEO Joseph Lubin, and Congressman Wiley Nickel (D-NC) addressed the maximum capacity crowd at the Black Cat music venue.

The speakers largely agreed on one idea: the importance of supporting cryptocurrency in America through a concerted bipartisan effort.

In their shared stage appearance, Brian Armstrong and Congressman Nickel noted that they see it as critical to keep and foster cryptocurrency innovation in America.

This importance, for Nickel in particular, is not so solely founded on a belief in the technology, but is ostensibly due to the fact that 20% of American adults own some form of cryptocurrency, a voting block that Nickel thinks “[has] the ability to sway elections.”

Nickel added: “If we want to do things in Washington, it’s critically important that we do it in a bipartisan way. If we politicize the issue with one party going into crypto versus another, it’s going to poison the well in Washington for a decade.”

Since Biden took office in 2020, his administration’s SEC, DoJ and DoE (Department of Energy) officials have introduced a fair amount of unwelcome regulatory hurdles. Notably, Nickel’s support of cryptocurrency does signal a change of tune for the historically hostile Democratic Party.

“I started coming to DC five years ago, and when I first came here, most people didn’t know what crypto even was,” said Armstrong. “One member of Congress asked me: ‘Isn’t this all some video game or something like that?’ Once they figured out what crypto was over the years, the conversation totally shifted. Now, everybody knows what crypto is, we’re kind of the belle of the ball, the hot topic on everyone’s lips.”

However, one attendee, an executive at a prominent financial institution who wished to remain anonymous, reflected on the development of crypto-politicking and what they see as under-commitment on the part of the Democratic Party.

In particular, the executive believes that the Biden administration’s veto of legislation overturning SAB 121, which if signed would have allowed highly regulated financial institutions to custody digital assets, was a major wake-up call.

They remarked that the crypto industry, despite raising large amounts of money for campaign contributions, still carries a strong stigma and that policymakers don’t offer the respect this single-issue voter bloc deserves.

The America Loves Crypto tour had been focused on addressing the stigma with a mixture of live music and grassroots community building. Alex Pall and Drew Taggart, otherwise known as The Chainsmokers, closed out the event, entertaining the crowd with their classic hits, unreleased music, and most notably a cry of “F$*# Gary Gesnler”. The Chainsmokers themselves are no strangers to cryptocurrency and founded the tech and crypto-focused Mantis Venture Capital fund in 2020.

With stops in Arizona, Nevada, Michigan, Wisconsin, Pennsylvania and Washington, D.C., many in attendance on the America Loves Crypto tour were hopeful that more than 1.4 million Stand With Crypto advocates nationwide can flex their muscle as a true deciding factor in November.



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Bored Ape Game ‘Dookey Dash: Unclogged’ Launches With $1 Million in Prizes

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Bored Ape Yacht Club creator Yuga Labs and partner studio Faraway have released the sewer-based game Dookey Dash: Unclogged as a free-to-play download on iOS, Android, Mac, and PC in selected regions. With this players will compete to enter an end-of-season tournament with over $1 million worth of prizes.

This comes more than a year after Yuga Labs rolled out the original NFT-gated version of the game, with the highest-scoring players earning valuable prizes. The winner of the top prize—a one-of-a-kind NFT golden key—was notable Fortnite esports player Kyle “Mongraal” Jackson. He sold it for 3,333 Ethereum, or $1.63 million worth at the time.

Dookey Dash: Unclogged is now free-to-play via both mobile and computer apps, with very similar core gameplay to the previous NFT-gated iteration of the game. Gamers jump atop a makeshift underwater scooter as they attempt to make their way through an endless sewer filled with gunk and obstacles. 

New to the game this time around is its “creator mode,” which allows players to upload 3D models or 2D art to create on-chain avatars, vehicles,  and stickers that are playable in-game. These assets are then tradable on the Faraway Shop, an NFT marketplace, and can be used in other gaming experiences.

With the game now officially released, season one kicks off with a weekly in-game leaderboard for players to battle it out to win a variety of prizes, the most prestigious being a “Golden Plunger.”

These Golden Plungers are tradable NFTs that will act as a player’s ticket into the end-of-season tournament, where $1 million worth of prizes will be up for grabs. Players can get their hands on these NFTs by ranking in the top 250 finalists on the season leaderboard, or by getting lucky on “The Wheel of Dookey.”

It appears that tournaments will take place every quarter, according to the Dookey Dash: Unclogged website, with each season being three months long.

Yuga Labs originally planned on releasing the free-to-play game in spring of this year, but suffered a couple of delays. The first of which was to help make the game more “casual-friendly,” as they felt the competitive side of the game was in good shape. Dookey Dash: Unclogged suffered one last delay as the team explored a “huge potential marketing opportunity” at the start of September—although it’s unclear what that was.

Edited by Andrew Hayward

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SOL prediction for Q4; XRP and new hybrid exchange protocol gain attention

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Solana is set to close the year above $250. Meanwhile, investors are attracted to XRP and DTX Exchange thanks to their budget-friendliness and growth prospects.

Quarter four has historically been the most bullish period for cryptocurrencies; positioning couldn’t be more crucial. Solana’s (SOL) price outlook for the final three months is bullish. It is set to regain lost price levels and end the year on a high note, making it one of the altcoins to watch.

Meanwhile, budget-friendly tokens with low entry points continue to win investors’ hearts. At the forefront are Ripple (XRP), a cross-border payment protocol and DTX Exchange (DTX), a new hybrid exchange protocol. INTL, a top ICO, is quickly becoming an investor favorite, boasting innovative use cases and significant upside potential.

DTX Exchange: A new DeFi protocol on investors’ radars

DTX Exchange, a new hybrid exchange protocol, stands out thanks to its blend of CEX and DEX. Unlike conventional trading platforms, it offers the best of both worlds, pushing the presale past $2.6 million amid a fever to become early adopters.

As an emerging cryptocurrency, one of its many attractions is its low entry point. Additionally, its growth prospects are astounding. The ICO is in the third round and costs $0.06 but with a projected 65x upside potential after its market debut.

The above makes it a more compelling alternative to top altcoins like Solana and Ripple. Besides the gains, its impending transformation of the $10 billion global trading scene places it on the list of new DeFi projects to watch out for. Some of its competitive advantages include the trading of diverse assets across TradFi and DeFi and non-custodial trading.

Solana: Bullish Q4 outlook

Solana, one of the best cryptos to invest in, is a must-have this year. Its DeFi capability makes it one of the most sought-after among developers and projects. In addition, its ecosystem of dApps and memecoins is largely unrivalled in the crypto space.

While the year has been a rollercoaster, it is a great one nonetheless. On the yearly chart, the Solana price increased over 500%, indicating how good of an investment it has been. Although the past month has been bearish—a 7% decline in the past 30 days—its outlook remains bullish.

Its outlook for the rest of the year couldn’t be more promising, tipped for a rally past $250. This bullish Solana price prediction highlights its significant upside potential, thanks to its rapidly growing ecosystem and features like fast transaction speed and low costs.

Ripple: Road to $5

Ripple, one of the top altcoins, is an investor favorite for good reasons. For one, the payment-based cryptocurrency is budget-friendly—ridiculously undervalued, according to top analysts. Recent developments like the launch of Grayscale XRP Fund and relisting on Robinhood paint a promising picture.

The XRP price, retailing below $1, provides one of the best entry points, considering its growth prospects. Reflecting bullish trends, the XRP coin has been up 8% in the past 7 days, trading at $0.58. With plenty of room to run at the current price, it is no surprise that investors have been betting big.

As it prepares to end the year strongly, with eyes on a Fed rate cut and the US presidency, a jump past $5 is suggested. This XRP price prediction paints a new ATH for the top crypto coin, outclassing previous bull cycle performance.

Conclusion

Solana, one of the best cryptos, is tipped for a rally past $250 before the curtain closes on the year. Meanwhile, Ripple, a top crypto and DTX Exchange, a new ICO, are on investors’ radars thanks to their budget-friendliness. With plenty of room for growth, these are promising waves to take advantage of.

To learn more, visit the presale website, the official DTX website, and join the DTX community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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