BingX launches a pre-market trading feature, starting with $HMSTR and $CATI, enhancing liquidity and price discovery. Users can choose orders via an over-the-counter platform. Chief Product Officer Vivien Lin highlights ongoing innovation for 10 million global users. #CryptoTrading
Robert Kennedy Jr. proposed bold policies at the Bitcoin 2024 conference, including executive orders for the U.S. Treasury to buy 550 Bitcoin daily until a 4M reserve is achieved. He also suggested tax exemptions on Bitcoin transactions and investments. #Bitcoin2024 #Update
Crypto investments surged from July 20-27, with 32 projects raising over $190M. Leading, Ceti secured $60M for decentralized AI. Highlights: NPC Labs $21M for Web3 gaming, Caldera $15M for ecosystem unification, Igloo and Bitlayer $11M each, and Hash AI $10M for crypto mining. #Update
Shiba Inu ($SHIB) sees a notable spike in investor optimism with a 122.54% increase in burn rate, burning 140.74M SHIB last week. Supply now at 589.27T SHIB and price rose 2.57% to $0.00001719. SHIB futures open interest up 14.36% to $40.96M. #ShibaInu
MicroStrategy CEO @michael_saylor predicts Bitcoin could hit $13M by 2045 at Bitcoin 2024 in Nashville. He emphasizes Bitcoin’s digital, immutable nature over traditional investments and advises converting assets into BTC. MicroStrategy holds 226,331 BTC, valued at $15.37B. #Update
Vitalik Buterin addresses Ethereum’s ($ETH) decentralization concerns after team leader Péter Szilágyi’s comments. Buterin refutes centralization claims, citing efforts to minimize it via new mechanisms like Orbit. Szilágyi worries PeerDAS upgrade could exclude home stakers. Decentralization remains a core focus. #EthereumUpdate
Robert F. Kennedy Jr. revealed plans at the Bitcoin Conference 2024 to integrate $BTC into the U.S. economy, proposing the U.S. Treasury acquire 4M BTC. Peter Schiff criticized it as a ‘vote-buying’ strategy, arguing it lacks the stability of a gold standard. #Bitcoin #Update
Ethereum’s first week of spot ETFs in the U.S. saw $341M net outflows. Lack of staking feature and Bitcoin’s broader adoption cited. Grayscale’s ETHE lost $1.51B, while BlackRock’s ETHA gained $442M. Analysts predict U.S. elections and interest rate cuts could drive future trends. #Update
Solana ($SOL) surpassed Binance Coin ($BNB) in market cap on July 27, reaching $85.5B driven by a price surge to $184. Solana leads DeFi with $2.19B in Total Value Locked and has surpassed Ethereum in DEX trading volumes. #CryptoNews
VanEck teases a spot $SOL ETF as Solana surpasses Binance Coin to become the 4th-largest cryptocurrency by market cap. SOL’s market cap milestone is significant, marking the first time in four years it has overtaken $BNB, with a 35% price surge in two weeks. #CryptoNews
Michael Saylor, co-founder of MicroStrategy, predicts Bitcoin ($BTC) could reach $13M by 2045, potentially hitting $49M in an extended rally. Saylor’s confidence is backed by MicroStrategy’s 226,331 tokens, currently worth $15B. Bitcoin’s price stands at $68,010, reflecting market optimism. #Bitcoin
Grayscale Investments has secured SEC approval for its new Grayscale Bitcoin Mini Trust ETF, launching next Wednesday. With a low fee of 15 basis points, it offers a cost-effective alternative to the Grayscale Bitcoin Trust (GBTC), making crypto investments more accessible. #CryptoNews
Anthony Scaramucci urges bipartisan regulation of Bitcoin and cryptocurrencies on CNBC’s Squawk Box. He criticizes the anti-crypto stance of Gary Gensler and Elizabeth Warren and highlights Kamala Harris’s potential centrist approach. Institutional adoption grows with investments from Wisconsin State and Jersey City. #Update #Bitcoin $BTC
Cardano founder Charles Hoskinson criticized Peter Schiff’s understanding of $BTC. Schiff called Bitcoin a “pyramid scheme,” sparking debate over Bitcoin’s role. Hoskinson argues Schiff misunderstands Bitcoin’s value, while Schiff warns of a bubble burst and increased government control. This highlights the divide between crypto advocates and skeptics. #Update
