Executives from the crypto industry will meet with @WhiteHouse advisers and Kamala Harris’s campaign team to discuss regulatory challenges. Key figures include Anita Dunn, Lael Brainard, and Rep. Ro Khanna. Outcomes could shape crypto’s regulatory future. #CryptoRegulation
Nvidia ($NVDA) outshines Bitcoin with a 140% gain vs. Bitcoin’s 120% over the past year. Tech giants lag behind Bitcoin, showing less than 40% returns. Market volatility influenced by macroeconomic factors. #Update #Investing
Genesis completes restructuring and starts distributing $4B to creditors. Bitcoin holders get 51.28%, Ethereum holders 65.87%, altcoin holders 87.65%, stablecoin & USD holders 100%, Solana holders 29.58%. $BTC $ETH $SOL $USD #Update
In July 2024, Web3 and blockchain projects raised $1.17B, led by @iris_energy with $413.4M. Key investments: Alps Blockchain $113M, Skild AI $300M. This surge highlights blockchain and AI’s growing influence. #Update #Blockchain #AI
“Senator Cynthia Lummis’ ‘Strategic Bitcoin Reserve’ bill gains 2,200 co-sponsor requests in 48 hours. Support from Democrats, Republicans, and Independents highlights growing bipartisan backing for Bitcoin. $BTC #Bitcoin #Update”
Breaking: CFTC probes Ben Armstrong for meme crypto fraud, subpoenaing Hit Network linked to 15 tokens, including $BEN. Armstrong denies substance abuse claims and admits to promoting crypto scams. #Update #CryptoNews
Meme sector booms as DeFi struggles. New memecoin Raboo (RABT) raises $2M in presale with 3,000 investors. Raboo uses AI to create engaging memes and offers 20% bonus in Stage 4 presale. $DOT dips, investors seek alternatives. #CryptoNews
Former President Trump suggests using Bitcoin to pay off the U.S.’s $35 trillion debt by giving Bitcoin to China. The U.S. holds 210,392 Bitcoin, worth $13.3B. Critics cite Bitcoin’s volatility as a major risk. #Bitcoin #Update
Genesis Global begins $4B creditor repayments post-restructuring. Over 100K creditors receive 64% average recovery: Bitcoin 51.28%, Ethereum 65.87%, Solana 29.58%. Stablecoin & USD creditors recover 100%. Major step in rebuilding trust. #CryptoNews
Monero ($XMR) surged nearly 5%, hitting over $164, making it the best-performing cryptocurrency among the top 100 by market cap in the last 24 hours. Despite regulatory hurdles, its adoption is growing with integrations like Cake Wallet. #CryptoNews #Update
98.6% of Pump.fun tokens failed to gain liquidity for listing on Raydium. Despite this, meme coin trading volume surged 17% in 24 hours. Top-10 assets yielded 1834.22% average returns in early 2024. #Update #Crypto
“Gravity ($G) surges 7% after Coinbase adds it to its listing roadmap. New ‘Experimental’ label highlights potential risk and reward. Current price: $0.04407. #Update #Crypto”
Polyhedra Network’s V2 staking program saw over 6.9M ZKJ tokens staked in less than a month, hitting a $9M milestone with 1,688 unique stakers. The program offers weekly rewards and incentivizes long-term engagement. #Update #CryptoNews
NBA Hall of Famer @ScottiePippen recommits to his Ethereum-based BALL project despite backlash. Crypto sleuth ZachXBT links the project’s deployer address to past scams, and insiders control 15% of BALL’s supply. #Update #CryptoNews
