In recent weeks, Bitcoin [BTC], alongside the broader cryptocurrency market, has seen a notable improvement in reputation and sentiment. This positive price movement can be partly attributed to perceptions of Trump as a pro-cryptocurrency figure. As Trump is scheduled to speak at a cryptocurrency conference on the 27th of July, BTC has continued to exhibit positive price trends. #siamstr. #Siamstr
Sen. Roger Marshall (R-KAN) has withdrawn from the proposed Digital Asset Anti-Money Laundering Act of 2023 (DAAMLA) he originally introduced with Sen. Elizabeth Warren. US lawmaker Senator Elizabeth Warren has continued her anti-crypto evangelism despite her thinning support base. On July 25, she opined that foreign-owned crypto-mining operations pose a national security threat during a hearing of the Senate Committee on Banking, Housing, and Urban Affairs. #Siamstr #siamstr
Big Tech stocks were mixed on Thursday, with the losers weighed down by fears that the AI premium might soon fizzle out. The much-anticipated launch of Ethereum spot ETFs has failed to ignite the market as expected, with Grayscale's Ethereum Trust ETF bearing the brunt of investor skepticism. Wednesday saw a staggering $133 million net outflow from ETH spot ETFs, with the Grayscale Ethereum Trust (ETHE), which was converted to a spot ETF on Tuesday, hemorrhaging $327 million. #siamstr #Sianstr
Will Pete Buttigieg return to the campaign center stage this summer? Prediction market users are starting to think so, with his odds reaching an all-time high of 25% for a split-second as bettors give the current U.S. Secretary of Transportation a serious look. Meanwhile, the currently front runner, Mark Kelly, might potentially be an Elizabeth Warren acolyte spreading confirmed FUD about crypto. #siamstr #Siamstr
Nine spot Ethereum ETFs began trading on US exchanges Tuesday, marking another milestone in the mainstream adoption of digital assets. This launch comes just six months after the debut of spot Bitcoin ETFs in the United States, which have already accumulated over $54 billion in assets under management. In the early hours of trading, the newly launched Ethereum ETFs demonstrated significant market interest. #siamstr #Siamstr
A new report from crypto research company 10X Research on July 21 suggested that Gary Gensler’s time as Chair of the U.S. Securities and Exchange Commission (SEC) could be coming to an end as early as next year, should current U.S. President Joe Biden’s exit from the 2024 presidential race lead to a change in administration. #Siamstr #siamstr
Though United States Vice President Kamala Harris has yet to officially win the Democratic nomination for president in 2024, many experts suggest she has an excellent chance to be the party’s candidate, facing off against Republican Donald Trump in November. Certain Democrats have a chance of being at the top of the ticket or potentially vice presidential candidates under Harris, inclusing two known pro-crypto candidates. #Siamstr #siamstr
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US banks are scrambling to recover from a massive computer outage that’s disrupting financial transactions around the world. While other systems failed, Bitcoin's decentralized nature proved its reliability and resilience. #siamstr #Siamstr
