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🇺🇸 Summary of Trump's Speech at Bitcoin 2024
• Trump outlined plans to end the perceived adversarial stance of the US government towards cryptocurrency.
• Announced a policy to retain 100% of the US government’s current and future Bitcoin holdings.
• Recommitted to efforts to free Ross Ulbricht, the former operator of the Silk Road marketplace.
Price Fluctuations:
• One hour before the speech: Bitcoin was priced at $68,626.
• 30 minutes before the speech: The price slightly increased to $68,126.
• During the speech: Bitcoin traded at approximately $68,447.
• After the speech: The price dropped to $67,382, down about 1.72% from three hours earlier.
Current price of Bitcoin is $69,081.68.
🇺🇸 JUST IN: Donald Trump says “America will become the Bitcoin mining power house”.
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🎙 Donald Trump is speaking at the Bitcoin 2024 conference NOW.
He said that Bitcoin's market capitalization could surpass gold in the future.
Trump reaffirmed his previous intentions to make the U.S. a more favorable jurisdiction for the crypto business, including mining. 🇺🇸
“I will fire Gary Gensler”
Bitcoin advocate Mow lists six proposals for Trump's Nashville speech
The Bitcoin advocate aims to influence the political leader to consider Bitcoin a viable and strategic component of the national economy.
https://ct.com/cuc0
WazirX launches fair fund recovery plan post $230M hack
Drawing lessons from past incidents such as the Mt. Gox and Bitfinex hacks, WazirX aims to apply the best practices from these cases to ensure a fair and efficient resolution.
https://ct.com/cub9
Presidential candidate Robert F. Kennedy Jr. praised the role #Bitcoin could play in improving the US economy at the #Bitcoin2024 event, proposing sweeping changes to US monetary policy. He pledges four Bitcoin-related executive orders upon taking office as President:
🔸 His plan includes transferring 204,000 $BTC held by the US to the Federal Reserve as a "strategic asset" and directing daily purchases of 550 $BTC.
🔹 Kennedy aims to build a US Bitcoin reserve of at least 4 million $BTC, claiming this would give America economic dominance.
🔸 Making BTC-USD transactions non-reportable or non-taxable by the IRS.
🔹 Allowing BTC as an eligible asset for 1031 exchange into real property.
“Transactional freedom is as important as freedom of expression in the 1st Amendment,” he added, suggesting BTC could restore the US economy to pre-Nixon era conditions.
Elon Musk’s X removes crypto emojis, leaving community puzzled 🧐
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🎙️ Bitcoin developer Jimmy Song made a strong statement at the Bitcoin 2024 conference:
“I hate that Bitcoin conferences are focused on banking, ETFs, BlackRock. Those aren’t my values. Those aren’t Bitcoin values. Those aren’t American values”.
🚀 Unleashing finance with real-world asset tokenization!
Join Kinto CEO Ramon Recuero as he explores real-world assets (RWAs) and their potential to unlock trillions in liquidity and transform finance.
Discover how efficient markets are created by tokenizing assets to bridge buyers and sellers, the explosive growth potential of RWAs, and the future vision of moving Treasurys and gold to the blockchain.
🎧 Listen on Cointelegraph’s Podcasts page, Apple Podcasts or Spotify! 🎧
Trump will speak at 2 p.m. CT on July 27 for 30 minutes at the conference’s closing.
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Jimmy Song criticizes BTC 2024 speakers — 'Not what makes Bitcoin great'
The author and Bitcoin advocate's panel was sobering, harkening back to the Bitcoin community's, anti-establishment ethos.
👉 Read More
Metaplanet, Semler Scientific were ‘zombie companies’ until Bitcoin, execs say
Shares in Metaplanet and Semler Scientific are up double and triple digits since the firms followed MicroStrategy’s Bitcoin playbook this year.
👉 Read More
What is your favorive crypto project? Share in the comments! 👀
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💰 JUST IN: Coinbase UK unit fined $4.5 million by British regulator over ‘high-risk’ customer breaches.
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The world’s biggest Bitcoin conference starts today in Nashville!
Donald Trump, RFK Jr., Cathie Wood, Michael Saylor, and Edward Snowden are all speaking—what a lineup!
Stay tuned for exclusive updates from our reporters on the ground! 🎙️
Feeling bullish?
❤️ - YES
⚡️ - NO
🗣️ Senator Cynthia Lummis said "Over five years, the United States will assemble 1 million Bitcoin, 5% of the total supply. And that's only the beginning."
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🇺🇸 Donald Trump: "The danger doesn’t come from #crypto it comes from Washington DC".
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🇺🇸 In an exclusive interview at The Bitcoin Conference, presidential candidate Robert F. Kennedy Jr explains why he intends to make the US adopt Bitcoin as a 'strategic asset' and acquire 4 million BTC.
If we are the first movers on Bitcoin and we get 4 million Bitcoins, it will cost us around $750 billion, but within a few years, that's going to be worth $100 trillion.Читать полностью…
ZachXBT criticizes Irene Zhao's new memecoin amid past failures
As Zhao attempts to clarify her past actions and emphasize her commitment to transparency and accountability in future endeavors, the crypto community remains divided.
https://ct.com/cubi
Grayscale Ethereum Trust ETF hits historic net outflow of $1.5B
Based on the present rate of outflows, ETHE's ether reserves may be exhausted in a relatively short timeframe, potentially within weeks.
https://ct.com/cual
🧐 Is government oversight non-negotiable for the future of crypto?
Governments aren’t known for allowing anything to thrive without some oversight or control, but for the most part, crypto is proving to be an exception.
👉 Read more
🇯🇵 Japan crypto ETFs boosted by Franklin Templeton and SBI Holdings partnership
The Japanese joint venture will focus on ETFs and other “emerging asset classes,” including digital assets and cryptocurrency.
At the Bitcoin 2024 conference in Nashville, BlackRock's head of digital assets, Robert Mitchnick, stated that client interest is predominantly in Bitcoin and Ethereum, with "very little interest" in other cryptocurrencies.
He indicated that BlackRock doesn’t anticipate many crypto ETFs beyond BTC and ETH, aligning with their launch of the iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust ETF (ETHA).
$BTC and $ETH ETF issuer Franklin Templeton is optimistic about the launch of more crypto ETFs in the US, including a Solana product.
“Besides Bitcoin and Ethereum, there are other exciting and major developments that we believe will drive the crypto space forward”Читать полностью…
Robert F. Kennedy Jr. when asked about his experience with the #Bitcoin conference on Karate Combat tonight:
“I’m a huge supporter of Bitcoin. I was here a year ago. I went home with most of my wealth into Bitcoin. So, I’m fully committed.”Читать полностью…
📈 Bitcoin has jumped 4.3% as future traders skew toward long positions ahead of Donald Trump’s speech at the Bitcoin Conference.
Waiting for his speech?
❤️ - YESSS
🌚 - No
US senator withdraws support for Elizabeth Warren’s anti-crypto bill
Republican Senator Roger Marshall has withdrawn as a cosponsor for an anti-crypto bill he co-created with Senator Elizabeth Warren in 2022.
👉 Read More
🗞 Missed the news? Here's what's happened over the last 24 hours!
🧐 Bitfarms forced to stop ‘poison pill’ strat amid Riot takeover attempt
🇺🇸 Spot Ethereum ETFs post $113M of outflows on second day of launch
📉 Bitcoin recently dipped below $65,000, which analysts attribute to seasonal trends and market sentiment rather than sales by Mt. Gox creditors.
🗣️ Wyoming Senator Lummis plans to announce legislation for a Strategic Bitcoin Reserve at an upcoming Nashville conference, according to a report by Fox News.
💰 In July, Bitcoin whales purchased an unprecedented 358,000 $BTC, amounting to approximately $23 billion.
💸 Galaxy Asset Management raised $113 million for a new crypto venture fund, that could bring significant new capital for cryptocurrency startups building new use cases.
🎙️ Why did Bitcoin and Ethereum suddenly crash?
🇺🇸 The world’s biggest Bitcoin conference starts today in Nashville!
⚡️ The Bitcoin mainnet has successfully verified its first ZK-proof thanks to BitcoinOS, enhancing $BTC's capabilities without altering its base layer.
💰 Coinbase UK unit fined $4.5 million by British regulator over ‘high-risk’ customer breaches.
After calling Bitcoin "not money" and "highly volatile" in 2019, Trump now champions it, saying, "Bitcoin mining may be our last line of defense against the central bank digital currency."
📈 With him set to speak at the Bitcoin 2024 conference, could this shift propel Bitcoin to new heights? What do you think?
🐳 - BULLISH!!!!
⚡️ NEW: The Bitcoin mainnet has successfully verified its first ZK-proof thanks to BitcoinOS, enhancing $BTC's capabilities without altering its base layer.
Читать полностью…
🎙️ Why did Bitcoin and Ethereum suddenly crash?
Tune in as we uncover the shocking reasons behind Bitcoin and Ethereum’s dramatic drops despite weeks of positive momentum and the launch of spot Ether ETFs.
Plus, find out why Polymarket is skyrocketing!
Don’t miss this episode! 🎧
