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themerkle.com Elon Musk Just Revived the Meme That Built a Movement, FLOKI

Are we about to see a new meme season? Elon Musk is back doing what he does best, shilling memes. And once again, the markets are listening. The billionaire just posted a video of his dog, Floki, “as CEO of X.” Within hours, $FLOKI surged over 30%, reigniting memories of the wild 2021 meme frenzy that made the Viking dog an internet legend. Elon’s post wasn’t just nostalgia. It was a spark, and on Crypto Twitter, sparks turn into rallies fast. The Meme That Started It All When Elon first shared a picture of his Shiba Inu named Floki in The post Elon Musk Just Revived the Meme That Built a Movement, FLOKI appeared first on The Merkle News.

bitcoinist.com GENIUS Act Could Shield Bitcoin From Fed Oversight, Governor Barr Warns

Federal Reserve Governor Michael S. Barr used a keynote at DC Fintech Week to praise Congress for finally drawing lines around stablecoins—then immediately warned that the new law’s drafting could open channels for risk and regulatory arbitrage, including a pathway for Bitcoin-linked instruments to sit inside stablecoin reserves with only indirect Federal Reserve visibility. Bitcoin […]