Donald Trump’s Bitcoin-themed sneakers, priced at $299-$499, sold out in three hours. Resale values hit $2500. Trump’s campaign raised $331M in Q2 2024, including $3M in cryptocurrencies, highlighting digital assets’ mainstream acceptance.
Bitcoin mining difficulty surged to 90.67T on July 31, 2024, a 10.50% increase. Average hash rate reached 635.34 EH/s, driven by post-halving accumulation. Next adjustment expected August 14, 2024, with a 0.03% rise.
Donald Trump, in his 2024 campaign, launched Bitcoin Sneakers, available in “Bitcoin orange” and “luxurious black.” This move underscores his pro-crypto stance and promise to create a national Bitcoin reserve if elected.
Gary Cardone donated 12.8 Bitcoin ($850K) to Donald Trump’s campaign, highlighting Bitcoin’s role in freedom. This follows a push for clearer crypto regulations amid rising adoption and SEC lawsuits. #Bitcoin #CryptoNews
Fidelity International has listed its Bitcoin ETP on the London Stock Exchange, reducing the management fee from 0.75% to 0.35%. This move highlights the growing demand for digital asset exposure among professional investors.
Donald Trump unveiled $499 Bitcoin-themed sneakers after his pro-crypto speech at Bitcoin 2024. Only 1,000 pairs in ‘Bitcoin Orange’ are available, with plans to transform U.S. crypto policies if elected. #CryptoNews
Mt. Gox Trustee transferred $2.25B in Bitcoin to BitGo, part of a $9B repayment plan. Bitcoin briefly dipped below $66,000 but recovered. Remaining $3B disbursement will settle over $5.5B in BTC repayments.
Polymarket betters dispute $2.6M resolution on Trump’s Bitcoin pledge. Trump plans to halt government Bitcoin sales if elected, addressing 20,000 attendees. Allegations of fraud arise as some feel cheated. Government holds 183,000 BTC worth $12.7B.
Bitcoin miners, led by firms like Marathon Digital, are strategically accumulating BTC post-halving, boosting reserves amid rising institutional interest. This move, fueled by efficient upgrades, signals a bullish long-term price outlook despite challenges for smaller miners.
The Federal Open Market Committee will announce its July interest rate decision, with Bitcoin at $66,300 and Ethereum at $3,320. Economists expect rates to remain unchanged, but a September cut may be signaled. Total crypto market cap: $2.38T.
Grayscale Investments launched its Bitcoin Mini Trust on NYSE Arca under ticker BTC, charging a 0.15% fee. The trust holds $1.7B in assets and aims to enhance Bitcoin’s accessibility in SEC-regulated markets.
CryptoQuant reports major Bitcoin outflows from Binance, with whales moving 5,800 BTC and 1,000 BTC. Mt. Gox also transferred 33,964 BTC, suggesting potential price surges and increased bullish sentiment.
Senator Cynthia Lummis introduces the “BITCOIN Act of 2024,” proposing a federal reserve of 1M BTC, funded partly by gold certificates, to enhance the U.S. dollar’s global position. Major support from Donald Trump and Robert Kennedy Jr.
The Bank of Japan raised interest rates to 0.25%, the first hike in 20 years, causing Bitcoin and equities to spike. Analysts expect a 25 bps Fed rate cut in September. $BTC $ETH $XRP
