Former President Donald Trump’s effort to cement his candidacy with the cryptocurrency industry – and shake it for campaign cash — is starting to be complicated by a new X factor: the ascension of Kamala Harris. Trump’s Saturday appearance at the Bitcoin 2024 conference in Nashville is the latest sign that a second Trump term […]
Cryptocurrency
No BTC strategic reserve announcement from Sen. Lummis — Bitcoin 2024
United States Senator Cynthia Lummis delivered her highly anticipated address at the Bitcoin 2024 conference in Nashville alongside Senator Tim Scott. However, the presentation did not feature the rumored introduction of legislation establishing Bitcoin as a strategic reserve asset of the US. The Wyoming Senator criticized the Securities and Exchange Commission for regulating the industry […]
What Would Trump Announcing a U.S. Bitcoin Strategic Reserve Mean?
Nashville, Tenn—Former President and current GOP candidate Donald Trump is slated to speak at the 2024 Bitcoin Conference on Saturday afternoon, and rumors are swirling about what crypto policies he might propose. What has been speculated about the most is whether he will announce that, if elected, he planned to create a bitcoin strategic reserve […]
ETH ETFs launched in ‘weak market’ and could pressure Bitcoin — Analyst
A Bitcoin analyst thinks spot Ethereum exchange-traded funds (ETFs) may have launched too early and could threaten Bitcoin’s price if no new capital enters the market. “It would have been better to only have the BTC ETF in 2024,” Capriole Investments founder Charles Edwards told Cointelegraph. He argues that the new Ether ETFs will only […]
Trump raises more than $4 million in bitcoin, other digital coins as crypto support pays off
NASHVILLE, Tennessee — Former President Donald Trump is headed to Tennessee this weekend to deliver a keynote address at a major bitcoin conference. It’s looking like he’ll be in front of a favorable crowd. Trump, the Republican nominee for president, has raised more than $4 million from a mix of digital tokens, a campaign aide told CNBC. […]
Bitcoin traders warn BTC price can still dip to $62K or ‘even lower’
Bitcoin may be seeing “impulsive” upside, analysis warns as markets brace for key news events. In a July 26 X post, popular trader Crypto Ed joined those cautioning over the latest Bitcoin price spike above $67,000. Bitcoin bears may still clear “impulsive” move Bitcoin may be up by around 2% since the July 25 daily close, but […]
Is Donald Trump Insulating Bitcoin’s Price From the Tech Stock Slide?
Since the market opened yesterday, the S&P500 has lost 1.8%, the tech-heavy Nasdaq-100 is down 3.0% and tech darling Nvidia (NVDA) has bled 5.3%. Normally, bitcoin follows stocks (especially tech stocks) on their daily moves, but this time, as of writing, bitcoin (BTC) is up 0.5%. What gives? It’s a small window of time, sure, […]
Is Ethereum a No-Brainer Buy After the Bitcoin Halving?
Ethereum’s big moment has arrived with the launch of five spot ETFs. Earlier this year, Ark Invest’s Cathie Wood stunned cryptocurrency investors by predicting that Bitcoin ‘s (BTC -2.85%) price would reach $1.5 million by 2027. Back in April, Wood believed that the recent approvals of the first exchange-traded funds (ETFs) based on Bitcoin’s spot […]
Bitcoin rewards app Fold to go public on Nasdaq via SPAC deal
Bitcoin-based rewards app Fold has announced plans to launch as a publicly traded company on the Nasdaq at an implied valuation of $365 million. Fold inked an agreement to go public by way of a business combination deal with special purpose acquisition company (SPAC) FTAC Emerald Acquisition, according to a July 24 statement. Unlike a traditional […]
Mt. Gox sees $3.2B BTC in outflows in just two hours
Mt. Gox again began shifting funds on July 23, moving over 47,500 Bitcoin worth almost $3.2 billion to two unknown addresses at 5:05 am and 6:27 am UTC. According to Arkham Intelligence data, Mt. Gox holds 90,344 Bitcoin worth $6.02 billion, but this is outdated, and its current holdings now stand at around 42,744 BTC […]