JUST IN: 🇺🇸 Donald Trump releases new official Trump Trading Cards on #Bitcoin Ordinals
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NEW: 💰 Bitcoin mining company Rhodium Enterprises files for Chapter 11 bankruptcy, citing financial troubles and liabilities of up to $100M
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💰 Bitcoin inflows hit $543 million last week amid hint of interest rate cut: CoinShares
Bitcoin experienced $543 million in inflows last week after favorable comments from Fed Chair Jerome Powell, according to CoinShares. "The majority of those inflows were on Friday, following the dovish comments" from Powell, CoinShares said in its latest report. At the end of last week, Powell expressed confidence that U.S. inflation could return to 2% while indicating the central bank may lower interest rates.
Source
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💰 Thailand busts bitcoin mine after repeated power outages: report
Thailand’s police and electricity authorities announced on Sunday that they raided an illegal bitcoin mine in a local town following frequent reports of power outages from the nearby area in the past several weeks. AFP reported that officials from the Provincial Electricity Authorities, along with local police, raided a house in Ratchaburi, a province in central Thailand to the west of Bangkok.
Source
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💰 Robert Kiyosaki Pushes Bitcoin as US Debt Soars to Alarming Levels — Warns of Banking System Failures
Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned that the U.S. is adding a trillion dollars to its debt every 100 days. He advises investing in gold, silver, and bitcoin to safeguard against economic instability. Kiyosaki also points out the dangers of relying on traditional banks, noting that banking panics are often hidden, leaving most people unaware when their bank is insolvent.
Source
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NEW: 💰 BitWise CIO predicts #Bitcoin could hit $100K-$200K or even higher, saying there is "too much demand and not enough supply."
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NEW: 💰 Grayscale’s #Bitcoin holdings have dropped from 619K at the start of the year to 228K BTC, the lowest level since July 2019 😮
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JUST IN: 🇩🇪 German authorities seize 13 Bitcoin ATMs and nearly €25 million in cash in a crackdown on operators allegedly violating KYC/AML laws
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SAYLOR: 💰 “When I’M GONE, my stock, my shares, my assets flow into a public charity whose mission is to support ₿itcoin and the adoption of ₿itcoin FOREVER.” 🔥
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💰 Scaramucci says $SOL ETF could be approved in Q1 of 2025 if Donald Trump wins the US election - during cointelegraph interview
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NEW: 🇦🇺 While others are selling, the Australian #Bitcoin ETF keeps buying the dip
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JUST IN: 💰 The IMF proposed an 85% energy tax hike for #Bitcoin miners, citing a potential 75% rise in energy consumption
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📊 Total stablecoin market cap, excluding algorithmic stables, is now at the highest point ever, surpassing its previous high from early 2022 — link
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JUST IN: 🟢 MakerDAO has rebranded to Sky and introduced a new stablecoin, $USDS, and a native governance token, $SKY, aiming to enhance DeFi accessibility and user experience.
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🔥 US stocks and #Bitcoin💰 tends to rise after US 🇺🇸 presidential elections.
This is because prices are reflecting expectations of economic stimulus measures from the new administration 🚀
➡️ @Bitcoin_Insights
🪙 Ethereum and Blockchain to Be Included in High School Curricula in Argentina
ETH Kipu Foundation, an organization focused on supporting and developing the Ethereum ecosystem in Latam, has partnered with the Ministry of Education of the City of Buenos Aires in Argentina to include Ethereum and blockchain as part of high school curricula. Additionally, these two institutions are working to develop an online Solidity course to train young adults to code Ethereum apps.
Source
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JUST IN: 🇫🇷 Telegram Founder & CEO Pavel Durov arrested in France.
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🤓Cardano Returns to Top 10 Largest Cryptocurrencies
Over the past week, the ADA token has grown in price by 15% and once again surpassed TRX in terms of capitalization, which briefly became the leader amid the excitement around the SunPump platform.
However, the daily trading volume on the exchanges monitored by Coinmarketcap is three times higher for TRX than for ADA.
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NEW: 🇨🇼 Bitcoin faucet at the Eden Mall in Curaçao gives out 10,000 free sats every hour from 10am - 7pm
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🇸🇻 El Salvador has launched a Bitcoin certification program to train 80,000 government employees in strategic management and public policy related to Bitcoin.
The initiative, led by the National Bitcoin Office, aims to enhance the nation's Bitcoin-driven economy and governance standards.
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JUST IN: 🇯🇵 Japanese public company Metaplanet buys another ¥500 million worth of Bitcoin
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💰 75% of all Bitcoin has been hodled for over 6 months
Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn't been sold or moved for the last six months.
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📣 Franklin Templeton files S-1 for new crypto index ETF
Asset manager Franklin Templeton is seeking to launch a new exchange-traded fund (ETF) designed to as a one-stop-shop crypto portfolio, according to an Aug. 16 filing.
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