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New Bitcoin Act Legislation Aims to Establish US Cryptocurrency Stockpile

Pro-crypto Wyoming Senator Cynthia Lummis unveiled her Bitcoin bill on July 31, labeling it “our Louisiana Purchase moment.” The proposed ‘Bitcoin Act’ aims to add 1 million BTC, worth around $64 billion at current prices, to U.S. government holdings over five years. The legislation aims to establish a strategic Bitcoin reserve and other programs: “To […]

US Government Transfers Nearly $4M Worth of Seized Bitcoins to Coinbase

The US government transferred 58.742 BTC – worth nearly $4 million, to crypto exchange Coinbase on Monday. According to the latest data compiled by blockchain analytics firm Arkham Intelligence, the transfer came from an address labeled “US Government: Ryan Farace Seized Funds,” identified on the blockchain as 3B2jEBZi8fJWGEDrh6Pe7hDMaJ6iGfFtaU. These funds were confiscated three years ago […]

Massive Meme Coin Volatility as Joe Biden Quits US Presidential Race: Details

TL;DR President Joe Biden said he will not compete in the US presidential elections, endorsing vice president Kamala Harris as the Democratic nominee, with significant party support. The disclosure caused volatility in the cryptocurrency market, with Biden-related meme coins dropping and a Harris-related token surging by nearly 90%. The Biden Effect The current President of […]

Can XRP Price Reach $1 in July if the Ripple v SEC Case Ends This Month? (ChatGPT Speculates)

TL;DR ChatGPT is optimistic that XRP’s price could rise significantly if Ripple wins its lawsuit against the SEC. The legal battle continues with discussions on the potential fines the company might face, impacting the timeline and outcome of the case. What are XRP’s Chances? Ripple’s XRP has seen better days since its price dipped substantially […]

When Will the Ripple v. SEC Lawsuit End? Lawyer Chips In

TL;DR Legal experts predict the Ripple v SEC case might conclude soon, with possible penalties but no disgorgement. The lawsuit’s outcome could significantly impact XRP’s price and the broader crypto market. Is It Finally Time for a Resolution? The legal spat between Ripple and the US Securities and Exchange Commission (SEC) has been ongoing for […]