Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate
The pro-crypto Wyoming senator hopes the United States will purchase 5% of Bitcoin’s total supply as a strategic reserve asset. Go to Source
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Coinbase L2 Base hosts 80% of active Uniswap traders — Token Terminal
Coinbase’s layer-2 blockchain hosts approximately 80% of Uniswap’s monthly active traders. Go to Source
Tether reports record-breaking $5.2B profit in first half of 2024
Tether said its US Treasury reserve surpasses the size of all but 17 of the world’s governments. Go to Source
Crypto PACs are spending big on US elections — What it means for the industry
Political action committees supporting the cryptocurrency industry are raising hundreds of millions of dollars. Go to Source
Grayscale’s GBTC ‘spin-off’ Bitcoin Mini Trust goes live on NYSE Arca
After launching its spot Bitcoin ETF in January 2024, Grayscale now diversifies its offering with a “spin-off” spot Bitcoin ETP. Go to Source
$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’
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. Go to Source
Blackbird Labs launches Web3 platform for restaurant payments
Blackbird Pay is built on the company’s new blockchain network, Blackbird Flynet. Go to Source
Grayscale sheds $20B from Bitcoin and Ether ETFs
Grayscale’s BTC and ETH ETFs face significant outflows, while other approved ETF participants maintain a positive balance. Go to Source
Kamala Harris to consider Gary Peters as running mate: Report
Gary Peters joins Gavin Newsom, Pete Buttigieg, JB Pritzker, and Josh Shapiro as potential vice presidential candidates. Go to Source
WisdomTree CEO: Crypto ‘is going to go mainstream’
Jonothan Steinberg said US presidential contender Donald Trump’s July 27 speech at Bitcoin 2024 promised much-needed regulatory clarity. Go to Source