1. Bitcoin dominance hits highest level since April 2021. 2. The Wall Street Journal: Trump plans to use Bitcoin as a strategic reserve asset

JIN10
2024.07.31 02:45
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Bitcoin dominance hits highest level since April 2021, Trump's proposal to consider Bitcoin as a strategic reserve asset contradicts the core values of cryptocurrency. Senator Lummis' Bitcoin Strategic Reserve Act will partially fund by reevaluating the US Federal Reserve's gold holdings. Goldman Sachs CEO believes Bitcoin may serve as a store of value. Jefferies report suggests Bitcoin's future may be linked to the US election results. The median base salary for women in the cryptocurrency industry is 15% higher than men. The Bahamas bans the issuance of algorithmic stablecoins. The US SEC accuses BitClout founder of fraud and unregistered issuance of crypto asset securities. The Russian Duma passes laws on digital currency cross-border payments and legalization of crypto mining

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