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Bitcoin ETFs Are Not Your Friend
Bitcoin ETFs Are Not Your Friend

BlockBeats·2024/07/10 05:10
SATS: Key Role in the Inscription Ecosystem
SATS: Key Role in the Inscription Ecosystem

远山洞见·2024/07/10 03:02
Andrew Tate’s ‘Daddy’ memecoin now accepted for travel bookings
Andrew Tate’s ‘Daddy’ memecoin now accepted for travel bookings

Share link:In this post: Travala now accepts Daddy memecoin for hotel, flight and car bookings. The deal comes after Andrew Tate’s recent release from house arrest in Romania. The price of Daddy fell more than 8% after the news.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any in

Cryptopolitan·2024/07/10 02:49
Bitcoin is primed for a breakout in spite of selling pressure
Bitcoin is primed for a breakout in spite of selling pressure

Share link:In this post: Bitcoin is set for a potential breakout despite recent selling pressure due to the Mt. Gox repayment news. Support has likely formed in the $49k to $59k range, with targets set at $105k to $109k for 2024. BTC and gold show a positive correlation, both inversely related to US bond yields.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend indepe

Cryptopolitan·2024/07/10 00:43
The Bitcoin Fear and Greed Index plunges to its lowest since early 2023
The Bitcoin Fear and Greed Index plunges to its lowest since early 2023

Share link:In this post: The crypto Fear and Greed Index reached its lowest for the first time since January 2023, when BTC prices hit $17,000. Mt. Gox’s repayment plan and governments selling off massive BTC amounts have contributed to market fear among investors. While BTC prices remained around $57,000, they momentarily dropped to $55,000, prompting analysts to speculate a further drop to $50,000.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any inv

Cryptopolitan·2024/07/10 00:43
Bitcoin continues to outperform Ethereum – Is an ETF enough of a catalyst?
Bitcoin continues to outperform Ethereum – Is an ETF enough of a catalyst?

Share link:Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Cryptopolitan·2024/07/09 22:37
Flash
15:21
Galaxy Head of Research: Probability of CLARITY Act Passing by 2026 is Downgraded Again
According to Odaily, the head of research at Galaxy posted on X stating that due to a shortened legislative schedule and increasing competition for floor time from other matters, they have further lowered the probability of the CLARITY Act passing in 2026. They still believe a vote will take place in July and hope the bill receives 60 votes of support, but it is currently unclear. (A certain exchange)
15:19
Four wallets sold 37,598 ETH for $1,560 each, receiving 58.69 million USDS.
According to Odaily, monitored by Onchain Lens, two more wallets sold 20,000 ETH in exchange for 31.44 million USDS; currently, a total of four wallets have sold 37,598 ETH at a price of $1,560, exchanging them for 58.69 million USDS.
15:14
"Trump Account" to officially launch on July 4, expected to inject $30-50 billion in buy-side funds into US stocks in the first year
BlockBeats news, on June 26, the US Treasury Department issued an official statement clarifying that starting from July 4, eligible American children's accounts will automatically receive a $1,000 government seed fund, and the accounts will officially go live. The "Trump Children's Investment Account" is expected to directly inject $30–50 billion in incremental funds into US stocks in its first year. Subsequently, families and employers can add up to $5,000 per account annually, and over the long term, this will continuously bring tens of billions or even more stable capital inflows, forming sustained buying support. The "Trump Account", also known as the 530A account, is an investment account plan with deferred taxation, established under authorization by President Trump on June 9, 2025, based on the "Big and Beautiful" Act. It provides government-funded savings accounts for US citizen children born between January 1, 2025 and January 1, 2029. The initial funding for the "Trump Account" mainly comes from government allocation, private donations, and family deposits. The federal government will provide $1,000 in initial capital for each account, and parents can add up to $5,000 each year; at age 18, 50% of funds can be withdrawn, at age 25, the full amount can be used for education or entrepreneurship, and at age 30, there are no usage restrictions. On the investment side, the accounts are limited to investing in low-cost funds or ETFs tracking the S&P 500 index or other broad market stock indices, and cannot be used to invest in specific industry indices or sector indices. Fund usage is also restricted; before the child becomes a legal adult on January 1 of the year they turn 18, no funds in the account may be withdrawn for any reason (unless the child passes away or the funds are transferred to another similar restricted account). The first deposit is scheduled to be accepted starting July 4, 2026 (the 250th anniversary of the US Declaration of Independence), coinciding with the eve of the 2026 midterm elections. It is expected to become a key policy "trump card" for the Republican Party in attracting voters.
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