The Bank of Zambia has defended its de-dollarization plans but also seeks input from stakeholders who oppose the proposal. The central bank governor clarified that they are not proposing anything new; instead, the bank aims to enforce existing laws designating the kwacha as the sole legal tender for domestic transactions. Zambia’s Central Bank Seeks Input […] Source CryptoX Portal
Day: July 27, 2024
In Donald Trump’s Own Words – a Partial Transcript of His Bitcoin 2024 Speech
I’ve heard from Vivek 175 million people in some form, are involved with this world of crypto and Bitcoin and all of the others, 175 million. So when they heard that, they said, Let’s be nice to them, at least until after the election. So I’ve taken a lot of pressure off a lot of people, a lot of people are very happy today that about three months ago, weren’t so thrilled for three and a half years. Is that right? And you know, it’s right. For three and a…
Bull Market Euphoria: The Unexpected But Desperately Needed Ethereum ETF
The last 12 months have been a game-changer for digital assets. In January, more than a decade after Gemini co-founders Cameron and Tyler Winklevoss filed their initial application, the first spot Bitcoin was approved for trading in the United States by the Securities and Exchange Commission (SEC). The following is an opinion editorial written by […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Bitcoin (BTC) Prices Dive, Then Jump, as Trump’s Speech Reveals Strategic Asset Plans
In the lead-up to Trump’s comments, the digital asset rose above $69,000 on Saturday. The price fell to as low as $66,700 before jumping back over $68,000, data from CoinGecko shows, as traders digested the speech. The broader market index, CoinDesk20, followed the same pattern. Original
U.S. Senator Lummis Proposes the U.S. Buy 1M Bitcoin to Reduce National Debt
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Trump at Bitcoin 2024: Vows to Make US the Bitcoin Superpower, Plans to Fire SEC Chair Gensler
On Saturday, July 27, 2024, the 45th president of the United States spoke to a massive crowd at the Bitcoin 2024 conference in Nashville. The event began with David Bailey, CEO of Bitcoin Magazine, presenting Trump with a 2013 Casascius physical bitcoin loaded with 1 BTC. “Bitcoiners know inflation better than anyone else,” Trump told […] Original
‘Every One of You Will Be Bone’
“If we don’t do it, China will do it,” he said, speaking in a packed hall before over 3,000 attendees in Nashville. Crypto is “the steel industry of 100 years ago, you’re just in your infancy,” he said. “One day it probably will overtake gold. … There’s never been anything like it.” Source
Top crypto gainers and losers of the day
Over the past 24 hours, Jupiter and JasmyCoin have surged as the top gainers among the leading 100 crypto assets, while Bittensor and Mantra have plunged as the top losers. Top gainers Jupiter Jupiter (JUP) led the charge among the top gainers on July 27. At the time of writing, the crypto asset had surged by 12.6% over the last 24 hours and was exchanging hands at $1.16. JUP’s daily trading volume was hovering around $282 million, per data from crypto.news. JUP 1-hour price chart, July 26-27 | Source: crypto.news…
MANA Soars As Market Optimism Returns, Next Stop $0.3713 Level
The current price action of Decentraland (MANA) indicates that market optimism is on the rise as the digital currency regains its bullish momentum, with the price now targeting the key resistance level of $0.3713. This recent surge in MANA’s price occurred following a price rejection at $0.3099, marked by the formation of a hammer candlestick pattern. MANA has shown renewed strength, attracting investors and traders who are eagerly waiting for an opportunity to capitalize on the potential upward movement, especially as it approaches the critical resistance level of $0.3713. As…
Edward Snowden Highlights Political Pitfalls and Privacy Issues in BTC at Bitcoin 2024 Event
The renowned whistleblower Edward Snowden, former CIA and NSA contractor, delivered a powerful speech emphasizing the pitfalls of political allegiance and the privacy concerns surrounding Bitcoin. He urged individuals to participate in voting but warned against blindly following political ideologies. Snowden’s Bitcoin 2024 Keynote: Vote Independently and Beware of Bitcoin’s Privacy Risks During his keynote […] Original