🇺🇸👀 #macro Bostic from the Fed: The US economy could experience a longer period of high inflation (a year or two). Labor market conditions remain broadly healthy" and have yet to show signs of deterioration that might warrant a preemptive interest rate cut.
📊👀 #ETH gained more than 5% today but is bumping up against a key resistance zone.
The silver lining: on-chain sell pressure thins out above $2,770, creating room for ETH to push back above $3,000.
The silver lining: on-chain sell pressure thins out above $2,770, creating room for ETH to push back above $3,000.
🗽👀 #BTC Bo Hines:
- The US government plans to partner with mining companies and use government energy to mine BTC;
- Looking for new ways to accumulate BTC;
- Digital asset industry could grow to $15-20 trillion.
- The US government plans to partner with mining companies and use government energy to mine BTC;
- Looking for new ways to accumulate BTC;
- Digital asset industry could grow to $15-20 trillion.
📊 #BTC and gold have held the top spot for 12-month returns for two years straight and they’re still far ahead of the major equity indices.
That kind of performance isn’t unusual for Bitcoin. But for gold, it’s a rare signal of sustained demand for hard assets.
That kind of performance isn’t unusual for Bitcoin. But for gold, it’s a rare signal of sustained demand for hard assets.
🇺🇸✅ The House of Representatives passed Trump's budget bill.
🔎🗽 NakamotoProjct surveyed 3,538 adults in the US:
- 48m American adults own bitcoin
- 11m hold their own keys
- Bitcoiners are more likely to be male, young, and non-white
- They're politically diverse but right-shifted
- They're "moral maximalists."
- 48m American adults own bitcoin
- 11m hold their own keys
- Bitcoiners are more likely to be male, young, and non-white
- They're politically diverse but right-shifted
- They're "moral maximalists."
🌪👨⚖ #TORN The founder and developer of Tornado Cash will go on trial on July 14. cointelegraph
🇺🇸🍿 The US House of Representatives has announced "Crypto Week" for July 14-18.
The week will be set aside to consider a bill on stablecoins, a larger bill on cryptocurrency market structure, and a bill on central bank digital currencies (#CBDC). #regulation
The week will be set aside to consider a bill on stablecoins, a larger bill on cryptocurrency market structure, and a bill on central bank digital currencies (#CBDC). #regulation
🕵 #BTC Someone sent $20K in Bitcoin to Satoshi’s Genesis Block address.
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💰 #SOL DeFi Development Corp plans to sell $112.5 million worth of stock to fund SOL acquisitions. theblock
💰 #SOL DeFi Development Corp has purchased an additional 17,760 SOL for its balance sheet.
⛏️🥳 #BTC A solo miner successfully mined a Bitcoin block, earning 3.173 BTC worth nearly $350,000.
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🇧🇷🕹 Brazil removes cryptocurrency tax exemption and introduces a 17.5% rate on all capital gains from digital assets. #regulation cointelegraph
🇧🇷🕹 Brazil’s new 15–22.5% crypto tax hits small investors hardest, taxing even foreign exchange profits. cointelegraph
📊📉 #BTC's relative volatility has been in a structural downtrend and it's now on par with the S&P 500 over the past 3 months.
Bitcoin is gradually transitioning from a risky asset to a safe-haven asset.
Bitcoin is gradually transitioning from a risky asset to a safe-haven asset.
💰 Amber International raises $25.5M to expand its crypto reserve strategy. coindesk