Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency transactions to steal from seniors through bitcoin ATMs. The senators urged companies to implement stronger measures to combat the […] Original
Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin. Collectors may receive a physical trading card containing a piece of a suit worn during the presidential debate with Joe Biden and could be invited […] Original
Authentic blockchain-enabled market structure promises transparency, tamper-proof records, reduced costs (as compared to doing both blockchain and security certificates) for the issuer and the end customer, and smart contracts that execute automatically under predefined conditions. This brand of innovation renders traditional transfer agents obsolete, as blockchain verifies and validates securities ownership. Source
As of writing, XRP’s $1.10 call option, set to expire on Aug. 28, had an open interest of 4,347,000 contracts valued at $2.44 million, making it the most favored among all available XRP options on the exchange, according to data tracked by Amberdata. The amount is significant for an options market that is barely five months old. Source
Lawmakers including Rep. Josh Gottheimer (D-N.J.), Ro Khanna (D-Calif.), Wiley Nickel (D-N.C.), Ritchie Torres (D-N.Y.) and others signed the letter requesting a “forward-looking approach” to digital assets, asking their party to add supportive language to the official platform, pick a vice-presidential candidate who favors crypto and replacing Securities and Exchange Commission Chair Gary Gensler with an agency chief that supports crypto. Source
While Bitcoin maintains its price above the $60,000 range, some institutional investors are positioned for a positive price trajectory with call options betting on up to $100,000 come year-end. Despite recent pressures from substantial Bitcoin liquidations by the Mt. Gox distribution and sales by the German government, Bitcoin’s price remains notably resilient. These developments indicate a strong appetite for big-money cryptocurrency investments, especially from experienced investors looking to profit off potential end-of-year rallies. $100,000 Call Options Signals This QCP Capital’s analysis highlights this trend, pointing out the continued confidence among…
Abir said whether the public will adopt a digital shekel is uncertain, and the bank is conducting a behavioral study on the subject. He said that one has to have “a good set of use cases.” But in a nation where two large banks dominate more than 60% of the market, the main incentive is to create a “level playing field for payment providers and allow them to compete with the banks” Source
“We have a taskforce in Congress that is on Americans wrongfully detained abroad, or held hostage. Clearly in our view, Tigran fits in that camp,” Hill said in the video. “We want him home and we can let Binance, his employer, deal with the Nigerians.” Source
Many see it as frankly embarrassing to be buddying up with any politician, putting aside Trump’s Napoleonic sized ego. Bitcoin writer and privacy advocate L0la L33tz, for one, wrote a whole essay about the subject, arguing that politicians cannot be trusted, that Trump failed to deliver on many of his previous campaign promises, and that Bitcoin doesn’t really even need political support. Original
Solana (SOL) defied a slight market dip today, maintaining key support levels and sparking renewed optimism among investors. The altcoin boasts a healthy 24-hour trading volume of $6.50 billion, solidifying its position among the top cryptocurrencies. Market dominance for SOL sits at 3.04%. Related Reading Analyst Bullish On Solana, Predicts Meteoric Rise Prominent crypto analyst Trader Tardigrade isn’t shying away from bold predictions. In a recent analysis, Tardigrade expressed a highly optimistic view of Solana’s future price trajectory. According to the analyst, SOL, currently trading at $170, has successfully broken…