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The Protocol: Bitcoin Gets Political as U.S. Government Ponders Airdrops
31.7.2024
In this week's issue of CoinDesk's newsletter on blockchain tech, we examine U.S. Senator Cynthia Lummis's call for a national "Bitcoin Strategic Reserve." We've also got photos from the Bitcoin Nashville conference, where it seemed like nearly everyone was talking about staple-gunning layer-2...
Tether reports record-breaking $5.2B profit in first half of 2024
31.7.2024
Tether said its US Treasury reserve surpasses the size of all but 17 of the world’s governments
Crypto PACs are spending big on US elections — What it means for the industry
31.7.2024
Political action committees supporting the cryptocurrency industry are raising hundreds of millions of dollars
$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’
31.7.2024
Bitcoin could see a new all-time high due to the looming US federal debt, which surpassed $105,000 for every living person in the country
Wisconsin unveils tracker to fight crypto fraud and investment scams
31.7.2024
The Wisconsin Department of Financial Institutions aims to protect investors from crypto and investment fraud with a new scam tracker based on consumer complaints
China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects
31.7.2024
Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago
Binance Executive Discusses Impact of US Government Potentially Holding Bitcoin as Strategic Reserve
30.7.2024
Binance’s head of VIP & Institutional views the U.S. discussion on a national bitcoin reserve as a positive sign for the crypto market. The executive notes the growing recognition of bitcoin by politicians and industry leaders, anticipating greater regulatory clarity. She stressed...
Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ
30.7.2024
Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday
The U.S. Government May Begin Hoarding Bitcoin, But How and Why?
30.7.2024
Proposed legislation regarding a strategic reserve of bitcoin for the U.S. government poses far more questions than answers at the moment
First Mover Americas: BTC Slides as U.S. Government-Linked Selling Pressure Looms
30.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
‘Tone deaf’ — US moves $2B Silk Road BTC after Trump’s stockpile pledge
30.7.2024
The move comes just two days after Donald Trump declared he would create a “strategic national Bitcoin stockpile” if reelected
Peter Schiff: US Government Will Sell All Seized Bitcoin Before Trump Takes Office
30.7.2024
Speculation is growing that the Biden administration will sell all its seized bitcoin holdings after former President Donald Trump pledged to ensure the U.S. government keeps all of its bitcoins if re-elected. Economist and gold advocate Peter Schiff believes the Biden administration will sell...
US Authorities Split $2 Billion in Bitcoin Into 2 Wallets, Igniting Custody and Sale Speculation
29.7.2024
Following the U.S. government’s transfer of $2 billion in bitcoin, Arkham Intelligence reported that the federal agency divided the funds into two separate Bech32 bitcoin addresses: one containing 10,000 BTC and the other holding 19,799.99 BTC. Arkham speculates that the 10,000 BTC may have...
WisdomTree CEO: Crypto ‘is going to go mainstream’
29.7.2024
Jonothan Steinberg said US presidential contender Donald Trump’s July 27 speech at Bitcoin 2024 promised much-needed regulatory clarity
United States government holds $12B in Bitcoin — Arkham Intelligence
29.7.2024
Pro-crypto Senator Cynthia Lummis recently announced legislation establishing a strategic Bitcoin reserve for the United States
Crypto Super PAC Fairshake takes top funding spot, beats MAGA — OpenSecrets
29.7.2024
The Coinbase-led advocacy group has raised upward of $202 million so far, according to the political donations researcher
US Government Transfers $2 Billion in Bitcoin to Unknown Wallet
29.7.2024
According to onchain data, a Department of Justice (DOJ) labeled bitcoin wallet transferred 29,799.99 BTC, valued at just over $2 billion. This move by the U.S. government follows Germany’s sale of its bitcoin and a growing belief among U.S. politicians that seized coins should be held...
Bitcoin Tumbles Below $67K as U.S. Government Moves $2B of 'Silk Road' Tokens
29.7.2024
The government is the owner of about $12 billion worth of seized bitcoin, according to Arkham Intelligence
Latam Insights: US Department of State Acknowledges Bitcoin Helped Revive El Salvador’s Tourism, Paraguayan Government Dismisses Power Fee Hike Concerns
29.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The U.S. Department of State states bitcoin helped drive tourists to El Salvador, Paraguay dismisses concerns about power fee hikes for bitcoin mining...
Sen. Lummis proposes US government purchase 5% of total Bitcoin supply
28.7.2024
The pro-crypto Senator introduced the Bitcoin Reserve Bill while declaring "this is the solution, this is the answer, this is our Louisiana purchase moment, thank you Bitcoin!"