Bitcoin Prices See Wild Trading as Trump Plans to Establish BTC as U.S. Strategic Asset
BTC jumped above $69,000 earlier Saturday on hopes Trump would announce buying the asset if elected president.
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BTC jumped above $69,000 earlier Saturday on hopes Trump would announce buying the asset if elected president.
The Executive Chairman of MicroStrategy spoke Friday at Bitcoin 2024.
CoinDesk 20 Index jumped 4.4% fueled by RNDR’s 12.6% rise and NEAR’s 7.7% gain.”
The latest price moves in bitcoin (BTC) and crypto markets in context for July 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Logos for several tokens started to first appear on X, previously Twitter, in 2020, as a step to improve brand adoption and recall on the internet.
The Bitcoin mining hashrate, a leading indicator for bitcoin rallies, has improved, one observer said, explaining the bullish outlook.
AAVE is surging following a token buyback proposal.
Bitcoin is benefiting from massive economic imbalances, rising distrust in institutions, fiscal recklessness and mounting debt burden, VanEck’s Matthew Sigel said in an interview.
Investors can benefit by valuing miners’ assets as efficient power shells with data center capabilities, as opposed to just bitcoin mining operations, the report said.
The CoinDesk 20 fell nearly 100 points in overnight trading, with all assets in the red, including a 6.6% drop in ETH.