Bitcoin
The rumored plan would involve new legislation that would make bitcoin a strategic reserve asset for the U.S. central bank.
At the Bitcoin Conference, Senator Scott, the likely Senate Banking Committee Chair next year in a potential GOP-led Senate, revealed for the first time his pro-crypto position.
Regulation
As crypto policy has become a campaign issue in a Presidential election for the first time, how likely is it that any of the promises from Trump come true?
Ethereum
Solana’s trading volume so far in July has outpaced Ethereum’s base layer, but the trading volume of Ethereum combined with that of its layer 2 networks well exceeds that of Solana’s.
Speculation has been growing that the former President will announce plans to establish a bitcoin strategic reserve during his speech on Saturday at the 2024 Bitcoin Conference.
According to one CryptoQuant analyst, a negative Bitcoin Coinbase Premium Index suggests lower demand from US investors.
The price of bitcoin rose past $67,000 on Thursday despite Mt. Gox distributions nearing the halfway point of completion.
The investment giant’s head of digital assets discussed the company’s approach to crypto during a talk at the annual Bitcoin Conference, which kicked off Thursday in Nashville.
DeFi
The governance submission aims to implement a fee switch and a buyback program to increase the utility of staked AAVE.
More than 75,500 crypto traders were liquidated over the last 24 hours as prices of major digital assets retraced.
