Explore the latest updates from hodl.press, a fresh news platform delivering unbiased, ad-free coverage of Bitcoin, blockchain, and the broader crypto world. At Voted.News, we condense hodl.press stories into concise, reader-friendly summaries, ensuring you get clean, reliable insights without the noise.
Platform X (@X) removed the Bitcoin emoji, alongside other crypto emojis, amid backlash over a Trump campaign emoji. This move aims to end special advertising hashtags. Users are divided, but it reflects X’s evolving ad policies and impact on crypto promotion. #Update #Bitcoin $BTC
53% of U.S. voters plan to support a pro-crypto candidate in the 2024 election, per a Grayscale survey. Familiarity with cryptocurrencies rose to 49%, and 47% aim to invest soon. Key issues: inflation, economy, and firearms. #Crypto2024 #Update
OpenAI unveils SearchGPT, a new AI search system offering fast, verified answers with clear source links. Currently in testing, it aims to refine features through user feedback. SearchGPT focuses on reliability, setting a new standard for AI search. #AI #Update
Jersey City’s pension fund will invest in spot Bitcoin ETFs by summer 2024, as per Mayor Steven Fulop. This follows Wisconsin’s 2% crypto ETF allocation. Over 600 companies have invested $3.5B in spot Bitcoin ETFs since January. #Crypto #Update
.@a16z co-founders Ben Horowitz and Marc Andreessen criticize the SEC and Biden administration for unclear crypto regulations, claiming it stifles growth. Over 30 lawsuits against their projects highlight the issue. Trump gains crypto support amid the regulatory divide. #CryptoNews
Bitcoin is in an accumulation phase with 358K BTC moved to long-term holders in the past month, per @ki_young_ju. Spot Bitcoin ETFs saw an influx of 53K BTC in July 2024, signaling strong institutional interest. $BTC trades near $64,200. #Update #Bitcoin
VanEck predicts Bitcoin could hit $52.4M by 2050 in an optimistic scenario, with a baseline value of $2.9M and a bearish estimate of $130K. Report highlights potential as a global reserve currency amid national currency weakening and financial system flaws. #Bitcoin #Update
Kintsu, a crypto startup, raised $4M led by @CastleIslandVC, with @BrevanHoward Digital and CMT Digital. Funds will enhance Kintsu’s liquid staking protocol on Monad blockchain. Founder Steven Novenstern plans to launch sMONAD token with Monad’s mainnet in 2024. #Update
HSBC Australia will block outgoing transactions to crypto exchanges starting July 24, 2024, citing customer protection. Customers can still receive funds from exchanges. This follows similar actions by CBA, NAB, Westpac, and ANZ. #Cryptocurrency #Update
MARA (@MarathonDH), rebranded from Marathon Digital, invested $100M in Bitcoin, raising holdings to over 20,000 BTC. This aligns with Bitcoin’s fourth halving. Despite favorable conditions, $MARA stock fell 2% pre-market. CEO Fred Thiel urges Bitcoin adoption as a reserve asset. #Update
Galaxy Digital Holdings (@GalaxyDigital) has raised $113M for its Galaxy Ventures Fund I LP, aiming for $150M to invest in early-stage crypto startups. Initial investments: Ethena, Monad, and Plume. Each project will receive $3-$5M as they push blockchain innovation. #Update
The UK’s FCA has fined CB Payments Limited, a division of @coinbase, £3.5M for servicing 13,416 high-risk clients without proper licensing. The company facilitated $226M in transactions, highlighting the need for strict compliance in the crypto market. #CryptoRegulation #Update
Hashdex has applied to the SEC for a spot crypto ETF focused on Bitcoin and Ethereum. If approved by March 2025, it will be the first of its kind in the U.S., offering low fees and diversification. #CryptoNews #ETF @Hashdex
On July 24, 2024, US spot Bitcoin ETFs saw a $44.51M inflow. Leading the surge, BlackRock’s IBIT fund attracted $65.99M, while Grayscale’s GBTC fund faced a $26.22M outflow. This highlights a shift in investor preferences within the crypto market. #BitcoinETFs #CryptoNews
