1. Bitcoin's market share rises to 55.9%, hitting a new high since April 2021. 2. The Democratic Party of the United States initiates "Crypto fo

JIN10
2024.08.08 02:43
portai
I'm PortAI, I can summarize articles.

Bitcoin's market share has risen to 55.9%, reaching a new high since April 2021. The US Democratic Party has launched the "Crypto for Harris" campaign to counter Trump's crypto initiatives. Trump's American Bitcoin Reserve Plan is considered illegal, with seized assets to be used to compensate victims. The new crypto project of the Trump family may be named "World Liberty". Hong Kong virtual bank Mox Bank has launched cryptocurrency ETF trading. Robinhood's cryptocurrency trading revenue has increased by 161% year-on-year, with a trading volume of $21.5 billion. The UK's FCA has issued guidance on the compliance of cryptocurrency advertising. The Crypto Alliance is calling for clearer rules to be established and warning of risks. The UK Financial Conduct Authority has issued over 1,000 warnings to cryptocurrency companies. Analysts believe that if the stock prices of the "Big Seven" in the US continue to fall, Bitcoin may face greater downward pressure. The political background of the US towards crypto assets is becoming increasingly clear, and the focus of cryptocurrency will further shift towards the US

  1. Bitcoin's market share has risen to 55.9%, reaching a new high since April 2021.

  2. The Democratic Party in the United States has launched the "Crypto for Harris" campaign to counter Trump's encryption measures.

  3. Former prosecutor: Trump's U.S. Bitcoin reserve plan is illegal, and the proceeds from the sale of confiscated assets should be used to compensate victims.

  4. Market news: The Trump family's new encryption project may be named "World Liberty".

  5. Hong Kong virtual bank Mox Bank has launched cryptocurrency ETF trading.

  6. Robinhood's cryptocurrency trading revenue in the second quarter of this year increased by 161% year-on-year, with trading volume reaching $21.5 billion.

  7. The UK FCA has issued guidance on the compliance of cryptocurrency promotions.

  8. The Crypto Alliance has called for clearer rules in a letter to Biden and Harris and warned of risks.

  9. The UK Financial Conduct Authority has issued over 1,000 warnings to cryptocurrency companies since October last year.

  10. Analysis: If the stock prices of the "Big Seven" in the U.S. continue to decline, Bitcoin may face greater downward pressure.

  11. Industry insiders: The political background of the United States towards crypto assets is becoming increasingly clear, and the focus of cryptocurrencies will further shift towards the United States

Source: JIN10 The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.