The cryptocurrency market is buzzing as a U.S. Senator urged the Federal Reserve to consider Bitcoin (BTC) as part of its monetary strategy. This unusual proposition aims to solidify the digital asset’s place in the global financial system. The call comes amid growing government scrutiny of cryptocurrencies and follows rising institutional adoption.
Meanwhile, Dogecoin (DOGE), the meme-based cryptocurrency, saw its market activity spike, with demand hitting an impressive $12 billion. Analysts attribute the surge to renewed investor interest and potential developments in DOGE-related payment solutions. At the same time, NVIDIA is doubling down on blockchain opportunities, backing projects like AKT, which leverage its AI and computing technology to power decentralized networks. This underscores the tech giant’s confidence in blockchain’s scalability.
The developments highlight the shifting dynamics of the crypto world as policymakers, tech innovators, and market participants explore new synergies between traditional finance and emerging digital assets.
