FOMC’s July interest rate decision could significantly impact crypto prices. Bitcoin is now at $66,300, down from $70,000 earlier this week. Economists predict rates will stay between 5.50% and 5.25%. #Bitcoin #Update
Note: The hashtag #Update is added to ensure the post is tagged appropriately.
BlackRock’s Samara Cohen explains the firm’s cautious stance on a Solana ETF despite market enthusiasm. Only $BTC and $ETH meet their ETF criteria due to strong infrastructure and regulatory support. Solana lacks CME futures and institutional backing. #Update
British fintech Unlimit integrates with World App to enable $WLD to fiat conversions in Colombia, Mexico, and Europe. This move boosts crypto-wallet-to-bank transfers and enhances financial access. #CryptoNews #Update
Icebreaker, founded by ex-Coinbase and Google alumni, raised $5M led by CoinFund to build a blockchain-based LinkedIn rival. Valued at $21M, it aims to secure and verify professional identities, tackling AI-driven noise. #Blockchain #Update
Bitcoin miners are holding their $BTC, expecting a price rally post-halving. Top firms sold just 2,000 BTC in Q1 2024, the lowest in two years. U.S. institutional investments hit $17.71B by July. #Update
Former President Donald Trump’s Bitcoin pledge ignited a $2.6M Polymarket dispute. He vowed to halt U.S. Bitcoin sales if elected, leading to claims of a strategic national Bitcoin reserve. Users dispute the interpretation. #Bitcoin #Update
Stellar Lumens ($XLM) prices surged 6%, reaching $0.105, marking a 36% rise from July lows. Analysts predict up to 600% gains if it breaks key resistances at $0.1125 and $0.1626. #Update #cryptocurrency
Karak integrates @SpaceandTimeDB’s zero-knowledge tech to boost trustless slashing and rewards on its Ethereum-based DSS platform. This $48M-backed move, with support from @coinbase and @PanteraCapital, aims to enhance security across the crypto ecosystem. #Ethereum #Update
Riot Platforms (@RiotBlockchain) increased its stake in Bitfarms by buying 10M+ shares in July, now holding 71.56M shares valued at $159.1M. This follows a rejected $950M bid for Bitfarms in May. $RIOT #BitcoinMining #Update
Riot Platforms (@RiotBlockchain) identified for significant growth by H.C. Wainwright analyst Mike Colonnese despite a 34% YTD stock decline. Q2 results show operational growth and $1B liquidity. Target hash rates: 36.3 EH/s (2024), 56.6 EH/s (2025). #Update
Montenegro’s Court of Appeal has approved extradition of former Terraform CEO Do Kwon to South Korea over a $40B crypto fraud related to TerraUSD and Luna. U.S. extradition request denied. $LTC #CryptoFraud #Update
Fidelity International’s Bitcoin ETP is set to list on the London Stock Exchange on July 31, 2024, with reduced fees from 0.75% to 0.35%. This marks a significant step for regulated crypto access in traditional markets. #CryptoNews
Solana ($SOL) surpassed Ethereum ($ETH) in DEX trading volume for the first time in July, hitting $55.8B vs. Ethereum’s $53.8B. This shift was fueled by memecoins and celebrity token launches on Solana. #Update
Donald Trump launches limited edition Bitcoin-themed sneakers after his Bitcoin 2024 speech in Nashville. Only 1,000 ‘Bitcoin Orange’ pairs available at $499, with five autographed by Trump. Trump aims to transform U.S. crypto policies. #Bitcoin
