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- We are here to help the crypto community and provide the recent crypto news and market analysis by the experts. We have been in the market since 2013. ⚡️ Owner: @napoleon
The new Ethereum ETFs after the first week saw $1.18bn of inflows, although the massive outflows from incumbent Grayscale have meant a net outflow of $338m.
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ICYMI: 🇺🇸 SENATOR LUMMIS PROPOSES US TO BUY 1 MILLION #BITCOIN OVER 5 YEARS!
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"Never sell your #Bitcoin."
- President Donald J. Trump
ICYMI: 🟠 Michael Saylor's 21-year forecast has a Bitcoin price of $13M as the base case 🔥
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🇺🇸 Bitcoin Miner Marathon Digital has purchased $100 million worth of #BTC
They now hold over 20,000 BTC 🙌
JUST IN: 🇺🇸 SENATOR LUMMIS PROPOSES US TO BUY 1 MILLION #BITCOIN OVER 5 YEARS 🔥
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Bitcoin Now Up 2% At $68,347 After Trump Ends Campaign Address To Bitcoin Conference: Reuters
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https://www.lummis.senate.gov/press-releases/lummis-announces-revolutionary-proposal-to-supercharge-the-dollar-bolster-u-s-economy/
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JUST IN: 🟠 Trump calls Bitcoin 'not just a marvel of technology but a miracle of cooperation and human achievement' 💪
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https://twitter.com/tier10k/status/1817295553891369462
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Donald Trump Says If We Don't Embrace Crypto And Bitcoin Technology, China And Other Countries Will Dominate: Bitcoin Conference
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Trump commits to commuting Ross Ulbrichts sentence on day 1 of presidency: Bitcoin Conference
Source
Digital asset investment products saw a relatively muted $245m of inflows last week, although this obscures a mixed picture for various digital assets.
Bitcoin saw further healthy inflows of $519m, bringing its month-to-date inflows to $3.6bn — link
🟠 The #Bitcoin 2025 Conference will be held in Las Vegas next year 🙌
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The Week Ahead: July- Aug
Big Week: ETF flows, Rates, GDP, inflation data, jobs report, earnings coming
Macro:
> Spain, Germany, France, Italy and Eurozone Q2 GDP on 30
> Fed Interest Rate Decision on 31 [forecast: no change in rates]
> BoJ Interest Rate Decision on 31 [forecast: rate hike]
> BoE Interest Rate Decision on Aug 1 [forecast: rate cut/no change]
> U.S. Nonfarm payrolls on Aug 2 [forecast: 178k+]
> U.S. Unemployment Rate on Aug 2 [forecast: 4.1%]
Earnings:
> AMD and Microsoft on 30
> Meta on 31
> Amazon, Apple, MicroStrategy and Coinbase on Aug 1
Crypto:
> Vitalik Buterin speaks at EDCON 2024 on July 29
> Eclipse Mainnet this week [it's Ethereum’s first SVM L2]
Unlocks:
> $ZETA: 19%: $33M on Aug 1
> $W: 33%: $170M on Aug 3
*More info/charts in comments 👇
🟠 Donald Trump's speech at Bitcoin 2024:
1:36 - Shoutouts.
7:00 - Bitcoin rose from an idea to the 9th most valuable asset in the world.
10:00 - The US must lead in tech, science, manufacturing, AI, space, and power generation.
16:20 - The Biden/Harris administration waged war on crypto for over 3 years.
25:00 - The Biden/Harris' anti-crypto crusade will end. He will fire Gary Gensler on day one!
27:57 - Operation Chokepoint 2.0 will end and a Bitcoin and Crypto Presidential Advisory Council will be created.
29:28 - He will defend the right to self-custody, freedom of transaction, freedom of association, and freedom of speech. No CBDC!
30:25 - The behavior of the US government is the threat to the dollar, not Bitcoin!
38:30 - Inflation is a national disgrace.
43:30 - Make the US the lowest-cost energy producer in the world and turn it into a Bitcoin mining powerhouse.
44:20 - He will build a strategic national Bitcoin stockpile!
46:00 - He will commute the sentence of Ross Ulbricht.
h/t Balaji
🟠 #Bitcoin is going to $1 million sooner than you think 🚀
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🟠 Cantor Fitzgerald launches bitcoin-backed lending product. Starting with $2b 🔥
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Study Bitcoin.
Read more.
Be honest.
Train hard.
Be brave.
Eat well.
BREAKING: 🇺🇸 Senator Cynthia Lummis announces legislation for a Strategic #Bitcoin Reserve for the USA❗️
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Trump speech recap:
- US to become crypto capital of the world
- To create strategic Bitcoin reserve for US
- To fire Gary Gensler on day 1
- Views stablecoins as pro dollar
- To end Operation Chokepoint 2.0
- To bring Bitcoin mining to the US
Guys, he's a politician. He will, obviously, say nice words; he wants votes.
Furthermore, whether you think he's amazing or a clown, he's playing a part.
Don't get all upset/excited about it.
Just relax and study Bitcoin.
Become ungovernable.
Donald Trump United States Will Be Crypto Capital and I Want America To Lead The Way: Bitcoin Conference
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FYI you can join FOX's live stream here: https://www.youtube.com/watch?v=v7KSp4E04PA
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JUST IN: 🟠 BlackRock’s Robbie Mitchnick says it is “quite remarkable” how spot #Bitcoin ETF holders have a strong buy and hold nature 🚀
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JUST IN: 🇺🇸 President Trump arrives in Nashville for the #Bitcoin conference 🙌
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