U.S. Senator McCormick publicly purchases $200,000 worth of Bitcoin, highlighting the growing trend of political acceptance of cryptocurrencies

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US Senator McCormick Publicly Purchases $200,000 in Bitcoin

Pennsylvania Senator Dave McCormick( has disclosed an additional Bitcoin purchase valued at $200,000. According to reports on December 28, this move indicates McCormick’s positive attitude toward investing in crypto assets and reflects growing confidence in Bitcoin within the political sphere.

Senator McCormick comes from a business background and is an important figure in the Republican Party. Recently, more politicians in the US political arena have publicly expressed support for digital assets like Bitcoin, attracting widespread attention.

Longfei Capital: Ethereum and Solana Will Grow in Parallel

Rob Heidick, General Partner at Longfei Capital, stated in an interview with financial media on December 24 that as asset tokenization and on-chain economic activities expand, a single blockchain cannot accommodate the entire ecosystem. He believes Ethereum and Solana will achieve parallel growth based on their respective advantages — Ethereum has become the center for stablecoins and major economic activities, while Solana excels in high-frequency trading and processing efficiency. Heidick likened the two blockchains to “two Facebooks expanding influence in their respective fields.”

Billionaire Tim Draper: Bitcoin Will Shake Up the Global Salary Market

Renowned venture capitalist Tim Draper said that Bitcoin is about to disrupt the global salary industry worth trillions of dollars. He posted on social media that “global talent needs a global currency,” emphasizing that Bitcoin will become a new payment method suitable for the global labor market. Draper has been an advocate of virtual assets and continues to promote Bitcoin’s role as a global payment method.

Hyperliquid Launches 1.2 Million HYPE Tokens on January 6

Hyperliquid) co-founder disclosed team reward details via social platforms. According to reports, 1.2 million HYPE tokens previously locked will be distributed to team members on January 6. The lock-up period for these tokens ended on December 28, and subsequent unlocks will occur on the 6th of each month.

Hyperliquid is a derivatives DEX project that has recently attracted community attention due to its token distribution plans.

Cryptocurrency Futures Market Daily Liquidation Reaches $54 Million

It is reported that in the past 24 hours, the cryptocurrency futures market experienced a total contract liquidation of $54.1573 million. Liquidations of short positions amounted to $36.5167 million, higher than long position liquidations of $17.646 million. By currency, Bitcoin liquidations totaled $3.8984 million, and Ethereum liquidations totaled $7.9556 million.