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1 Aug 24 - ๐Ÿ“ˆ Sen. Cynthia Lummis introduces the BITCOIN Act to create a US Bitcoin reserve, aiming to acquire 5% of BTC supply over 5 years. Funded by $6B/year from Fed earnings, BTC will be stored for 20 years, used to pay federal debt. This boosts US financial innovation.

31 Jul 24 - ๐Ÿ“Š ASXN's new report, "The Game Theory of Bitcoin Adoption Among Nations," analyzes strategic BTC adoption post-Trump's Bitcoin 2024 declaration. It explores 'First Mover Advantage,' 'bandwagon effect,' and 'Best Reaction Function.' El Salvador and MicroStrategy's moves are highlighted. Bitcoin traded at $66,660.

31 Jul 24 - ๐Ÿ“‰ Bitcoin fell 1% to $65,841.6 amid fears of US government token sales and Fed rate decision. Positive comments from Trump had rallied BTC to $70,000, but it quickly reversed. Speculation arose from $2B Bitcoin movement linked to the US, potentially signaling a sale.

31 Jul 24 - ๐Ÿ“ˆ Australian Bitcoin ETFs, like Monochrome Bitcoin ETF (IBTC), are gaining traction. Launched in March 2023 and converted in June 2024, IBTC's AUM surged 488% in two months, now holding 100 BTC. This mirrors the US crypto push, influencing Aussie investor interest.

30 Jul 24 - ๐ŸŒ Macroeconomics expert Lyn Alden outlines a path for countries to adopt the Bitcoin Standard. In an interview, Alden discusses adding BTC to reserves, encouraging BTC businesses, making it legal tender, and eliminating small taxes. She notes that BTC adoption will grow as US fiscal issues drive institutions and nation-states to accumulate BTC.

30 Jul 24 - ๐Ÿ” The US Democratic government transferred 29,800 Bitcoin ($2B) to a new address, per Arkham. Split into two addresses, 10,000 BTC is likely for institutional custody. This follows Trumpโ€™s pledge to block BTC sales for a strategic stockpile. The US still holds 183,439 BTC.

30 Jul 24 - ๐Ÿ” Analyst Ali noted that 55% of Binance Futures accounts are shorting Bitcoin, reflecting cautious investor sentiment. After briefly dipping to $64,000 following an Ethereum spot ETF launch, Bitcoin rebounded to $68,850. Former President Trump's pro-Bitcoin policies, including firing SEC Chair Gary Gensler, boosted market optimism, but the predominance of short positions signals expectations of a near-term correction.

30 Jul 24 - ๐Ÿš€ Bitcoinโ€™s [BTC] dominance surged as it aimed for $70,000, fueled by Bitcoin 2024 conference hype. BTC dominance hit 56.76%, near a 3-year high of 57.03%. With the FED's July 31 rate decision looming, a rate cut could push BTC dominance even higher.

29 Jul 24 - ๐Ÿ”’ Coinbase is now providing Bitcoin custody services for Australiaโ€™s DigitalX, the issuer of the countryโ€™s second spot BTC ETF, DigitalX Bitcoin ETF (BTXX). Launched on July 12, BTXX mirrors Bitcoin performance. Coinbase is a key player in global spot BTC ETFs.

29 Jul 24 - ๐Ÿ“ˆ Bitcoin hit $70,000 today but is trading at $69,400 now. CryptoQuant reports it's safe as long as BTC stays above $63,500. This reflects a strong market recovery and potential for further growth. The rise in USDT and USDC market caps is driving Bitcoinโ€™s price.

28 Jul 24 - ๐Ÿ“ˆ Trump pledges to create a national BTC reserve, expand stablecoins, and fire SEC Chair Gary Gensler. At the Bitcoin 2024 conference, he vowed never to sell BTC and to keep 100% of the government's Bitcoin. He also promised to end Operation Choke Point 2.0 and criticized Biden and Harris as "anti-crypto crusaders."

28 Jul 24 - ๐Ÿค– ChatGPT speculated BTCโ€™s price could rise if Kennedy wins the White House due to his pro-Bitcoin policies. Kennedy pledged to back the dollar with Bitcoin, enforce BTC-friendly rules, and mandate government BTC purchases. ChatGPT noted this is speculative, and Kennedy's chances are slim.

28 Jul 24 - ๐Ÿ“ˆ At the 2024 Bitcoin Conference, Trump vowed to make the U.S. the "crypto capital" and criticized the Biden administration's anti-crypto stance. He pledged to replace SEC Chair Gary Gensler and create a national Bitcoin stockpile. Endorsements from Elon Musk and the Winklevoss twins followed, though Bitcoin prices dipped slightly.

28 Jul 24 - ๐ŸŒ Hong Kong legislator Wu Jiezhuang aims to integrate Bitcoin into fiscal reserves, positioning HK as a leader in Bitcoin and Web3 adoption. He emphasizes global recognition of Bitcoin as "digital gold" and stresses compliance and strategic benefits for HK's economy.

28 Jul 24 - ๐Ÿ’ฐ At the Bitcoin Conference in Nashville, Trump pledged the U.S. government would never sell its Bitcoin assets if he is elected. He criticized the Biden administration's anti-crypto stance and promised to fire SEC Chair Gary Gensler on day one.

28 Jul 24 - ๐Ÿ“ˆ Bitcoin soared after Donald Trumpโ€™s pro-crypto promises at the Nashville conference. He vowed to create a strategic national Bitcoin stockpile if elected. BTC traded at $67,383, nearing $70,000. Trump predicts BTC will surpass gold in market cap!

27 Jul 24 - ๐Ÿš€ Max Keiser, Bitcoin advocate and advisor to El Salvador's president, claims "everything goes to zero against Bitcoin." He criticized traditional assets like fiat money, stocks, and gold, asserting they can't compete with BTC in a recent X platform post.

27 Jul 24 - ๐Ÿ” A new study from Washington State University and Reed College reveals surprising Bitcoin ownership trends in the US. Contrary to assumptions, Bitcoin owners span the political spectrum, skew younger, and are mostly male. Key factors: knowledge, utility, trust, and morality.

27 Jul 24 - ๐Ÿ“ˆ Bitcoin trades around $68,469, rebounding from a dip to $63,600. Michael Saylorโ€™s bullish prediction of BTC reaching $13M by 2045 fuels investor confidence. Saylor, MicroStrategy's chair, believes BTC's "economic immortality" drives its long-term growth.

27 Jul 24 - ๐Ÿš€ Grayscale gets SEC approval for the Bitcoin Mini Trust, offering a cheaper alternative to GBTC with a 15 basis point fee. Launching next Wednesday, it will distribute new shares to GBTC holders and aims to enhance market transparency and orderliness.