Brian Quintenz, the head of policy for the crypto subsidiary of Andreessen Horowitz, a heavyweight VC firm, has reportedly emerged as a frontrunning candidate to lead the U.S. Commodity Futures Trading Commission (CFTC) under Trump’s second administration. On Dec. 12, Bloomberg reported that Brian Quintenz was interviewed for the position, citing anonymous sources “familiar with the matter.” Quintenz previously served as a republican CFTC commissioner between 2017 and 2021. The source said that the President-elect`s team has concluded interviews for prospective appointees to chair the CFTC. They added that the Trump team is expected to announce its pick in the coming days. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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ETH Seems Primed to Take Down $4K After Recent Rebound: Ethereum Price Analysis
Ethereum has been oscillating within the critical $3.5K–$4K range, with its price recently finding support near the lower boundary at $3.5K. Following this rebound, the bulls are attempting a renewed push toward the $4K resistance level. Technical Analysis By Shayan The Daily Chart The upward momentum in Ethereum’s price met a pause at the $4K resistance, which has proven to be a key selling zone. This rejection led to a decline toward the lower boundary of the range at $3.5K. However, renewed buying activity at this support has triggered another strong push upward, targeting the $4K threshold. The $4K resistance is pivotal, as it aligns with Ethereum’s prior swing highs and has repeatedly snubbed bullish attempts. Consequently, the short-term outlook suggests continued consolidation within the $3.5K–$4K range. A decisive breakout above the $4K level could pave the way for a broader bullish rally. The 4-Hour Chart In the 4-hour timeframe, ETH faced a sharp rejection at the $4K resistance, resulting in an impulsive decline below the middle boundary of the ascending channel at $3.8K. This move reflects the strong presence of sellers at the $4K level, making it a formidable barrier for buyers. Despite this setback, Ethereum found support near the $3.5K level, where buying pressure intensified. The subsequent bullish momentum pushed the price back above the channel’s middle boundary, bringing it close to the $4K resistance once again. While buyers remain eager to breach the $4K threshold, bearish divergence on the RSI indicator signals caution. A short-term consolidation below this resistance appears likely before another potential bullish breakout. Onchain Analysis By Shayan Ethereum’s price behavior, particularly its stability at the $3.5K support level, reflects the significant liquidity concentrated below this threshold, as highlighted by the Binance liquidation heatmap. Similarly, the $4K resistance level marks another critical zone of liquidity, primarily associated with short positions placed in anticipation of a price rejection. These two levels represent the highest concentration of liquidity near the current price. If ETH successfully breaches the $4K resistance, it could trigger a short-liquidation cascade as short-sellers rush to cover their positions. This would likely result in an impulsive price surge as the unwinding of these positions fuels further upward momentum. However, a breakout in either direction has the potential to ignite a liquidation cascade, intensifying the subsequent price movement. Given the prevailing market dynamics, a bullish breakout above $4K appears to be the more probable scenario. The post ETH Seems Primed to Take Down $4K After Recent Rebound: Ethereum Price Analysis appeared first on CryptoPotato . The Defiant
Trump’s Tariffs (TRUMPTAR) Solana Memecoin Will Explode Over 16,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag
Trump’s Tariffs could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump’s Tariffs (TRUMPTAR), a new Solana memecoin that was launched today, is set to explode over 16,000% in price in the coming days. This is because TRUMPTAR is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Trump’s Tariffs can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Trump’s Tariffs could become the next viral memecoin. Trump’s Tariffs launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Trump’s Tariffs on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump’s Tariffs by entering its contract address – 4rb7G52aMoXnusvS6eB27CRBXkUe9NmCbYnp4WZRyUiq – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPTAR. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. The Defiant