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Crypto & Bitcoin News

JUST IN: 🇺🇸 Donald Trump launches #Bitcoin sneaker collection after speaking at Bitcoin 2024 in Nashville 🥱

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Montenegro to extradite Do Kwon to South Korea, rejecting U.S. request — link | tl;dr

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"Buying #Bitcoin under $100K is the opportunity of a lifetime."

- Samson Mow

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ICYMI: 🇺🇸Federal Reserve Chair Jerome Powell says that an interest rate cut may come as early as September 👀

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NEW: 🟠 Tether’s Q2 2024 attestation reveals they hold $4.7 billion in #Bitcoin 🔥

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Grayscale (ETHE) Daily ETH Flows: -133.3m: BBG

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UPDATE: 30k Bitcoin were not sold, were just moved.

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BREAKING: 🇺🇸 The U.S. government just sold 30k Bitcoin, days after Trump announced the government would HODL them as a strategic reserve❗️

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🇺🇸 Massachusetts Senate candidate John Deaton announces he has 82% of his entire net worth in #Bitcoin 🙌

"I am going against Elizabeth Warren who wants to ban self custody." 👀

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Powell: we are not really looking into integrating CBDC

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Powell: History Doesn’t Repeat Itself, but It Often Rhymes, that statement is very true for the economy

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POWELL: IF ECONOMY REMAINS SOLID, WILL HOLD RATES AS NEEDED

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FED REPEATS WAITING FOR GREATER CONFIDENCE ON INFLATION TO CUT

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FED LEAVES RATES UNCHANGED

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🟠 Jack Mallers rant against the USD money printing machine:

"All fiat assets are being depreciated and everyone knows it.

For the first time in history, we the people built an alternative: #Bitcoin. A global, decentralized money owned by everyone. An open-source exit door.

This will never happen again. Don't look back with any regrets."

- Jack Mallers

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🟠 Edward Snowden on #Bitcoin:

“We are winning, ladies and gentlemen.” 👏

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🟠 For those that didn't see it, here's Michael Saylor saying his bull case for #Bitcoin is $49 million by 2045 🚀

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btw you can check Tether's full attestation here: https://x.com/Tether_to/status/1818672292827713614

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Because of Bitcoin, kids a decade from now will view bank accounts the same way we view fax machines today.

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BREAKING: 🇺🇸 US Senator Cynthia Lummis publishes official Strategic #Bitcoin Reserve legislation 🙌

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🚩 Big day! Today we introduce the Telegram Browser and Mini App Store, plus many other innovations 🍬

🖥 The Browser lets users switch between viewing websites and messaging, merging communication with news consumption. It is equipped with all the features you would expect from a browser — like search, bookmarks, and multiple tabs 🤩

💎 Most importantly, Telegram Browser allows people to view decentralized websites called TON Sites. This opens the world of blockchain-based web (often called Web 3.0) to almost a billion users. To try it out, update Telegram and open a link (like tonsite://getting-started.ton) 🌐

⭐️ Users can now gift Stars to their friends, who will be directed to the Mini App Store for examples of apps that accept Stars. To check out the mini app catalog, go to the 'Apps' tab in Search 🔎

🔝 Speaking of mini apps, they have a whole new way to spread virally across the Telegram ecosystem — via Stories, which also got an upgrade today with covers and smart animated weather widgets ☀️

💪 We’re proud to ship this. Try it all yourself or check out the video demos on the blog. Enjoy your summer holidays — we’ll keep building 👨‍💻

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BTC DROPS BELOW $65K

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Iran’s supreme leader, Ayatollah Ali Khamenei, has issued an order for Iran to strike Israel directly, in retaliation for the killing in Tehran of Hamas’s leader, Ismail Haniyeh, according to three Iranian officials briefed on the order: NYT

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Powell: rate cut time is approaching and if we do get the data that we hope we get then rate cut could be on table at Sept. Meeting

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POWELL: IF SEE INFLATION MOVING DOWN QUICKLY OR IN LINE WITH EXPECTATIONS, GROWTH REASONABLY STRONG AND LABOR MARKET REMAINS CONSISTENT WITH CURRENT CONDITIONS, A RATE CUT COULD BE ON TABLE IN SEPT

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POWELL: SECOND QUARTER INFLATION READINGS HAVE ADDED TO CONFIDENCE

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FOMC statement

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FOMC in 50min:

> Fed is expected to leave interest rates unchanged.
> Market fully priced in for Sept cut with 100% probability.
> Market looking for lines like “further progress in inflation" or "gained some additional / greater confidence that inflation is moving to 2% target" in FOMC statement or Powell's press conference for a potential rate cut in Sept. confirmation.

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Bitcoin dominance reached a high of 53.68% yesterday, its highest level in three years since April 2021 — link

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