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The office of Senator Cynthia Lummis, who proposed the strategic reserve at the Bitcoin Nashville conference on Saturday, shared a draft of the legislation with CoinDesk. U.S. Senator Cynthia Lummis, a Wyoming Republican, with a copy of her bitcoin reserve bill at the Bitcoin Nashville conference on Saturday, July 27. (Danny Nelson/CoinDesk) The purchase of bitcoin for a new...
Thousands of bitcoiners camped out for hours to see crypto's self-declared candidate on Saturday at the Bitcoin Conference in Nashville. Donald Trump speaks at the Bitcoin Conference in Nashville. (Danny Nelson/CoinDesk) NASHVILLE — Former U.S. President Donald Trump promised to maintain a "strategic national bitcoin reserve" and "never sell" the government's seized bitcoin in a freewheeling speech that tightened...
“The question on whether Crypto/Bitcoin is here to stay is largely over + crypto/Bitcoin won,” said Jersey City Mayor Steven Fulop in a tweet. The municipal pension plan of Jersey City, New Jersey, will soon invest in bitcoin via exchange-traded funds, according to a Thursday social media post from Mayor Steven Fulop. While it's not likely to be a...
Ether ETFs See $107M Inflows on Day One as Trading Volume Tops $1B. Daily cumulative net inflow hit $106.78 million, with most ETFs in the green on the first day of trading. (TheDigitalArtist/Pixabay) Ether ETF volumes pushed past $1 billion on the first day of trading, with $106.78 million in net flow. In comparison, the bitcoin ETFs had $4.5 billion...
Crypto traders are once again betting on the very serious business of presidential politics via very silly meme coins. KAMA meme coin (KAMA) Crypto traders are once again betting on the very serious business of presidential politics via very silly meme coins, including one for Vice President Kamala Harris that more than doubled in price Sunday. KAMA hit an all-time high...
Global Microsoft Windows failure possibly linked to a CrowdStrike software update has disrupted critical services worldwide, hitting banks with widespread online banking outages and grounding flights. Global Microsoft Windows failure possibly linked to a CrowdStrike software update has disrupted critical services worldwide, hitting banks with widespread online banking outages and grounding flights. The Big Tech giant Microsoft is facing...
BTC's price has recovered 23% since hitting lows near $53,500 on July 5. Spot BTC ETFs: Daily net inflows. (Coinglass) The 11 spot BTC ETFs listed in the U.S. recorded a cumulative inflow of $422.5 million on Tuesday. The funds have collected over $1 billion in the past three trading days alone. BTC's price has recovered 23% since hitting...
The weekend attack on pro-crypto presidential candidate Trump should galvanize bids for cryptocurrencies, one observer said. Trump pumps his fist as he is rushed offstage by U.S. Secret Service agents after being grazed by a bullet Saturday. (Anna Moneymaker/Getty Images) BTC tops $62,000 as Trump shooting boosts odds of election victory. Yuan and Mexican peso trade weak, while Treasury...
Crypto wasn't a major topic in a four-person confirmation hearing before the Senate Banking Committee, though SEC Commissioner Crenshaw was questioned on bitcoin ETFs. U.S. senators questioned several of President Joe Biden's regulator nominees, including on crypto issues. (Jesse Hamilton/CoinDesk) Four nominees for regulatory positions across the Biden administration were questioned in a Senate Banking Committee confirmation hearing on...
Since confiscating nearly $3 billion worth of bitcoin in January, Germany's state of Saxony has sold over half of its initial holdings, causing distress in the market. The state of Saxony, located in the eastern region of Germany, is responsible for the dumping of hundreds of millions of dollars worth of bitcoin. (Harald Nachtmann/Getty Images) It's not the country of...