Author: Sahil Thakur
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US Govt moves $2B in Bitcoin amid Trump’s promise
On July 29, the United States government moved $2 billion worth of Bitcoin, just two days after former President Donald Trump vowed that the US would never sell any of its Bitcoin holdings during a speech at the Bitcoin 2024 conference in Nashville, Tennessee. According to Arkham Intelligence, the government transferred 29,800 Bitcoin, which were…
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Fake Bitcoin 2024 Livestreams Featuring Elon Musk Scam Viewers
Even though the Bitcoin 2024 event has concluded, a deepfake scam featuring Elon Musk has surfaced on YouTube, posing as the official Bitcoin 2024 livestream. Over the past three days, this scam has deceived many users into losing their crypto assets, with one video alone collecting over $28,000 in Bitcoin, Ether, and Dogecoin. The scam…
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Donald Trump’s Bitcoin Conference speech
Donald Trump just spoke at the Bitcoin Conference in Nashville and we’ll be bringing you an in-depth analysis of not just Trump but the entire conference in our bi-weekly newsletter (subscribe if you haven’t). But here are the major points of his talk (credits: Watcher Guru) :- • Create a US Government strategic national Bitcoin…
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Bitcoin For Corporations announced at Bitcoin Conference
In a significant move to further drive corporate Bitcoin adoption, Bitcoin Magazine and MicroStrategy have announced the launch of “Bitcoin for Corporations.” This strategic partnership aims to provide comprehensive resources and educational content to corporate leaders, underscoring a joint commitment to fostering Bitcoin adoption and education on a global scale. The announcement was made live…
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Robert Kennedy Jr. says he has most his wealth in Bitcoin
Presidential candidate Robert F. Kennedy Jr. reaffirmed his strong support for Bitcoin during the BTC 2024 conference in Nashville, emphasizing that most of his wealth is invested in the digital asset. “I am a huge supporter of Bitcoin. I have most of my wealth in Bitcoin,” he said. “I am fully committed.” This stance underscores…
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Ferrari expands cryptocurrency payments to Europe
Ferrari has expanded its cryptocurrency payment solutions to Europe, following a successful launch in the United States in October. By the end of July, Ferrari’s European dealer network will be equipped to accept crypto payments for its luxury sports cars. This initiative will also extend to other international dealers in countries where cryptocurrency payments are…
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Senator Cynthia Lummis plans for Strategic Bitcoin Reserve
Senator Cynthia Lummis of Wyoming is set to announce groundbreaking legislation at the upcoming Bitcoin 2024 conference in Nashville, Tennessee. This bill proposes that the Federal Reserve adopt Bitcoin as a strategic reserve asset. If successful, this legislation would mark a significant shift in U.S. monetary policy, positioning Bitcoin alongside traditional reserves like gold and…
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First day of Ethereum ETF sees $600M volume
The eight recently launched spot Ethereum (ETH) exchange-traded funds (ETFs) posted nearly $600 million in volume during the first half of their first day, according to data from Bloomberg. Grayscale’s Ethereum Trust (ETHE) led the race with $250 million in traded shares by 12:30 pm ET, followed by BlackRock’s iShares Ethereum Trust (ETHA) with approximately…
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$BTC ETF sees $533M in inflows just before $ETH ETF launch
$BTC ETF inflows reached $533 million ahead of the $ETH ETF launch, reflecting a strong interest in spot Bitcoin exchange-traded funds in the U.S. According to data from Farside Investors, these ETFs saw $533.6 million in inflows on July 22, the highest since June 4’s $886.6 million. This marks the third consecutive week of inflows…
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Trump makes controversial El Salvador comments
The Bitcoin community is actively discussing former US President Donald Trump’s comments at the Republican National Convention. Trump claimed that El Salvador, led by Bitcoin advocate President Nayib Bukele, is “dumping criminals” into the US, sparking significant debate among Bitcoin enthusiasts and political observers. The Bitcoin community responded quickly. The Bitcoin Therapist warned Trump to…