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Month: July 2024

Senator Lummis Proposes $6B Strategic Bitcoin Reserve: U.S. To Acquire 1 Million BTC Using Revalued Gold Assets
BitcoinNews

Senator Lummis Proposes $6B Strategic Bitcoin Reserve: U.S. To Acquire 1 Million BTC Using Revalued Gold Assets

Andrew ChenJuly 31, 2024July 31, 2024

In a move that underscores her commitment to integrating cryptocurrency into mainstream financial policy, U.S. Senator Cynthia Lummis has unveiled…

Bitcoin and Ether ETFs See $118 Million in Outflows as BTC Dips from $69K Peak – Grayscale and BlackRock ETFs Show Diverging Trends
ETFsEthereumNews

Bitcoin and Ether ETFs See $118 Million in Outflows as BTC Dips from $69K Peak – Grayscale and BlackRock ETFs Show Diverging Trends

Andrew ChenJuly 31, 2024July 31, 2024

On Tuesday, U.S.-listed spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) experienced notable outflows as cryptocurrency prices retraced gains…

Mt. Gox FUD Fizzles Out as Market Unfazed by $3 Billion Bitcoin Transfer
BitcoinNews

Mt. Gox FUD Fizzles Out as Market Unfazed by $3 Billion Bitcoin Transfer

Sean WilliamsJuly 31, 2024July 31, 2024

For years, the specter of Mt. Gox, a defunct Bitcoin exchange responsible for the loss of hundreds of thousands of…

Terra Luna Classic Community Debates Doubling Burn Tax To 1.5% Amidst Price Slump
LUNC NewsNews

Terra Luna Classic Community Debates Doubling Burn Tax To 1.5% Amidst Price Slump

Sean WilliamsJuly 30, 2024July 30, 2024

Terra Luna Classic (LUNC) is once again in the spotlight as the community grapples with a proposal to significantly increase…

Solana Soars 16% in 4 Days – Memecoin Pump or Fundamental Strength? TVL, MEV, and ETF in Focus
Market AnalysisNewsSolana (SOL) News

Solana Soars 16% in 4 Days – Memecoin Pump or Fundamental Strength? TVL, MEV, and ETF in Focus

Joe MJuly 30, 2024July 30, 2024

Solana (SOL) saw a dramatic 16% surge in late July, reaching its highest price in four months. However, a recent…

Trump’s Crypto Policy Shift: Potential Impact on Bitcoin Prices
BitcoinMarket AnalysisNews

Trump’s Crypto Policy Shift: Potential Impact on Bitcoin Prices

Sean WilliamsJuly 30, 2024July 30, 2024

The recent policy shift by former President Donald Trump towards cryptocurrencies, particularly Bitcoin, could significantly impact the price of the…

Is SHIB Burn a Waste of Gas? Price Defies Logic After 7300% Surge
Market AnalysisMemecoinsNews

Is SHIB Burn a Waste of Gas? Price Defies Logic After 7300% Surge

Andrew ChenJuly 30, 2024July 30, 2024

Shiba Inu (SHIB) has experienced a rollercoaster ride in recent days, with a massive surge in the burn rate contrasting…

Book of Meme (BOME) Soars 13.30% in a Week, Outperforming Broader Market
Market AnalysisMemecoinsNews

Book of Meme (BOME) Soars 13.30% in a Week, Outperforming Broader Market

Sean WilliamsJuly 30, 2024July 30, 2024

Book of Meme (BOME) has defied the broader cryptocurrency market trend, posting an impressive 13.30% price increase over the past…

Zambia Joins De-Dollarization Surge: 40% Of African Nations Eyeing Local Currencies Over US Dollar By 2025
News

Zambia Joins De-Dollarization Surge: 40% Of African Nations Eyeing Local Currencies Over US Dollar By 2025

Andrew ChenJuly 30, 2024July 30, 2024

The BRICS alliance, composed of Brazil, Russia, India, China, and South Africa, is increasingly influencing global trade dynamics by championing…

USDT Hits $113.13 Billion Milestone – How Tether Became The Top Stablecoin Post-SVB Collapse
News

USDT Hits $113.13 Billion Milestone – How Tether Became The Top Stablecoin Post-SVB Collapse

SAM McRayJuly 30, 2024July 30, 2024

As of July 2024, Tether (USDT) has achieved a remarkable milestone with its circulating supply reaching $113.13 billion. This significant…

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