Senator Cynthia Lummis proposes a bill to address the $35T national debt by establishing a strategic reserve of 1M Bitcoins, managed by the Treasury. Endorsed by Trump and Kennedy, the plan aims to strengthen the dollar and hedge against inflation.
US government moved $2B in seized Bitcoin, speculated to involve Coinbase due to a $32.5M partnership. Analysts suggest a 5-year distribution plan, not immediate sale. Despite BTC dip, trading volume surged 57% to $39.36B. #CryptoNews
Edward Snowden spoke at the Bitcoin 2024 conference, warning about privacy risks despite Bitcoin’s anonymity. Donald Trump declared Bitcoin the ninth most valuable asset, pledging to make the U.S. a mining hub. This highlights the evolving cryptocurrency landscape.
Bitcoin fell to $67,600 after the U.S. government moved $2B in BTC from its Silk Road seizure, possibly to Coinbase. The transfer follows former President Trump’s pledge to halt government Bitcoin sales if re-elected, raising speculation about future plans for BTC reserves.
Former President Trump’s keynote at the 2024 Nashville Bitcoin Conference has pressured Vice President Kamala Harris to rethink her crypto stance. Trump’s plans include a national bitcoin reserve and firing SEC Chair Gary Gensler, aiming to boost US digital finance leadership.
Bitcoin approaches $70,000, with analysts predicting a potential new all-time high if it closes above $68,474. Ethereum, stabilizing around $3,300, needs to avoid dropping below June’s low to maintain a positive outlook. #CryptoNews
At the Bitcoin 2024 conference, Donald Trump pledged to make the U.S. a mining center if elected. Wyoming Senator Cynthia Lummis proposed buying 1M BTC to strengthen the dollar. MicroStrategy’s Michael Saylor predicted BTC could hit $13M by 2045.
Bitcoin (BTC) has surged past $70,000, with PlanB predicting $150,000 by the end of 2024. Spot Bitcoin ETFs see major inflows, and volatility is expected with upcoming US elections. Former President Trump suggests Bitcoin may outpace silver and gold in market cap.
Bitcoin (BTC) surged to $70,000 on July 27, driven by a 2.6% market increase and historical July trends. Year-to-date inflows exceed $19 billion, fueled by strategic reserve proposals. However, a 35,000-token exchange balance rise raises sell pressure concerns.
Bitcoin could hit $140,000 in 3-5 months, says Plan B, creator of the stock-to-flow model. This comes as BTC breaks $70,000. Miner revenue has bottomed post-April 2024 halving, leading to increased difficulty and higher S2F ratio. #Update
MicroStrategy (MSTR) stock rose 3% to $1,828 as Bitcoin (BTC) neared $70,000. MSTR has surged 177% this year, outperforming major ETFs. Earnings on August 1 may show $121M revenue. A 10-1 stock split on August 8 aims to attract retail investors.
Kyiv police arrested four men for abducting and murdering a 29-year-old foreigner over nearly 3 Bitcoin. The suspects attacked the victim, coerced him to transfer his crypto, and then strangled him. They later buried the body and converted the stolen Bitcoin into cash.
A Bitcoin holder moved 37 BTC worth $2.5M after 11 years, coinciding with surging prices and spot Bitcoin ETF approvals. This transfer highlights dormant whales resurfacing for profits amidst increased global adoption and upcoming U.S. elections. #Bitcoin #Update
The Ethereum Foundation transferred $9.16M in TKO tokens to Bitcoin Suisse, totaling 3.484M tokens. This follows Taiko’s mainnet launch, which Vitalik Buterin praised for its potential impact on the Ethereum ecosystem. TAIKO tokens now trade at $2.57, with a $162.3M market cap.
