The Republican National Committee has released a new party platform that promises to support crypto and oppose the creation of a central bank digital currency (CBDC). The platform, which former president Donald Trump promoted on social media, claims Republicans will “pave the way for future economic greatness by leading the world in emerging industries.” “Republicans …
Monthly archives: July 2024
Trump emboldens support from Republican voters with pro-crypto stance, survey finds
Republican presidential candidate and former US President Donald Trump has garnered increased support from his party following his recent embrace of cryptocurrencies, according to a new Paradigm-sponsored survey. Last month, Paradigm, a crypto-focused venture capital firm, polled 1,025 likely Republican voters’ views on the emerging industry, revealing their deep trust for the current financial system …
Core Scientific to add 15 EH/s through Block’s 3nm Bitcoin mining ASICs
Block Inc. and Core Scientific have announced an agreement to supply Core Scientific with Block’s new 3-nanometer mining ASICs. Core Scientific will be the first to integrate these advanced chips into its large-scale mining operations. This collaboration is part of an ongoing effort to decentralize Bitcoin mining hardware and foster innovation in the mining ecosystem. …
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Uniswap cites Supreme Court ruling to push back against SEC’s DeFi oversight
Available exclusively via What can regional trends tell us about the Bitcoin market? Andjela Radmilac · 3 days ago CryptoSlate’s latest report dives deep into Glassnode’s regional supply and price metrics to analyze their changes in the first half of the year. Go to Source
16th largest Bitcoin whale buys 48k BTC before correction with $500M in unrealized losses
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you don’t …
Nomic and Osmosis waive BTC bridging fees in landmark DAO-to-DAO partnership
Following a successful DAO vote with 99.6% approval, Nomic, which offers a decentralized, non-custodial Bitcoin bridge to IBC-enabled chains like Osmosis, aims to enhance Bitcoin liquidity on the Osmosis platform. This proposal involves waiving Bitcoin bridging fees for transactions originating or terminating on Osmosis. In exchange, a portion of the taker fees from trading nBTC …
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German governmental bodies still hold 18,110 BTC amid post-seizure management
Available exclusively via What can regional trends tell us about the Bitcoin market? Andjela Radmilac · 3 days ago CryptoSlate’s latest report dives deep into Glassnode’s regional supply and price metrics to analyze their changes in the first half of the year. Go to Source
Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline
Bitcoin has experienced its steepest decline in the current cycle, trading over 26% below its all-time high (ATH), according to onchain analysis firm Glassnode. This contraction has significantly affected short-term holders, with over 2.8 million BTC now below their acquisition price. Bitcoin Market Faces Significant Drawdown, Glassnode Reports Despite the notable downturn, Glassnode’s latest analysis …
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Grayscale Sets Record Date for Ethereum Mini Trust Distribution
Grayscale Investments has announced a record date of July 18, 2024, for the initial distribution of shares in the newly formed Grayscale Ethereum Mini Trust. The distribution will be allocated to shareholders of the existing Grayscale Ethereum Trust on a 1:1 basis. Grayscale Prepares for July 18 Distribution of Ethereum Mini Trust Shares Grayscale, known …
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New Layer 2 Meme Coin Pepe Unchained Crosses $3M in ICO – Will PEPU Explode?
Pepe Unchained (PEPU) is drawing attention with its recent ICO success. This frog-themed meme coin project has passed the $3 million mark in less than one month. As investors pile in, many wonder: Will PEPU explode once it hits exchanges later this year? Pepe Unchained’s ICO – An Instant Success Story Pepe Unchained’s ICO has …
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German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by Tomorrow
Over the course of nearly 20 hours, the German government has sold 9,736 BTC valued at $564.3 million. The government’s BTC wallet currently holds 13,110 BTC worth $767 million. German Government’s Swift Bitcoin Sales Could Soon Lead to Total Reserve Depletion At 1:16 p.m. EDT on July 9, Bitcoin.com News reported on Germany’s bitcoin transfers …
Bitcoin ETFs Capture $216M in Third Consecutive Day of Inflows
The 11 U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows for the third consecutive day on Tuesday, bringing in $216.33 million. Blackrock’s IBIT was the top performer, securing $121.03 million during the trading sessions. Fidelity’s FBTC and Blackrock’s IBIT Drive Bitcoin ETF Gains With Tuesday’s gains, the cumulative total net inflows for U.S. spot bitcoin …
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Study: Gen Z Prefers Digital Assets in Uncertain Times; Gold Remains Popular
While investors generally prefer physical assets to digital ones, the findings of a new study indicate an overwhelming majority of Gen Zers are “more likely than other generations” to trust digital assets in uncertain times. The survey also found that 89% of gold investors consider it a long-term investment with nearly half of the respondents …
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Bitcoin.com Relaunches Discord Community Channel With Exciting Prizes
Bitcoin.com is relaunching its Discord community channel. To celebrate, Bitcoin.com is hosting weekly contests with various prizes. Join the community to participate in quizzes, discussions, and more for a chance to win. Join the Community and Win $1000, Sold-Out NFTs, Bitcoin, and More! Bitcoin.com is thrilled to announce the relaunch of our Discord community channel, …
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Market Will Absorb Mt. Gox and German Government Sell Pressure, According to Economist Alex Krüger – Here’s Why
Macro trader and economist Alex Krüger isn’t concerned about the Bitcoin (BTC) sell pressure from Mt. Gox and the German government. The German government was first spotted moving Bitcoin to exchanges last month after their authorities seized 50,000 BTC as part of an investigation into Movie2k.to, a now-defunct illegal streaming site that was accused of distributing …