Author: CryptoHoppers
Former President Donald Trump suggested using Bitcoin to eliminate the United States’ $35 trillion national debt. The U.S. national debt continues to rise, and the Republican presidential nominee has a bold idea to address the issue: Giving Bitcoin (BTC) to China to pay off U.S. debt. “Crypto is a very interesting thing. It’s very high-level in certain ways, intellectually very high-level. But if we don’t do it, China’s gonna do it… maybe we’ll pay off our $35 trillion debt, hand them a little crypto check, right?” Trump said to Fox News’s Maria Bartiromo. “We’ll hand them a little Bitcoin and…
Key Takeaways Trump suggests Bitcoin could be used to manage the US’s $35 trillion national debt. Harris’ campaign highlights Trump’s crypto comments without a clear policy stance. Share this article Former President Donald Trump praised the crypto industry and suggested Bitcoin could help address the US national debt in a recent interview. The Kamala Harris campaign shared Trump’s remarks without offering its own policy stance on crypto.In an interview with Fox Business, Trump lauded the “very, very smart people” in the crypto industry and proposed that embracing Bitcoin could potentially aid in tackling the $35 trillion US national debt. He…
The world of NFTs continues to evolve, and Doodles is at the forefront of this transformation. On July 29, 2024, Doodles announced the launch of The Stoodio, a new platform built on the Base blockchain. This development is set to provide new opportunities for Doodles Stoodio account holders, allowing them to bridge their FLOW NFTs to Base and continue utilizing their digital assets seamlessly. A New Home for Doodles NFTs: The Stoodio on Base The Stoodio is designed to enhance the experience of NFT holders by leveraging the Base blockchain, known for its speed and efficiency. With this move, Doodles…
An Airbnb host, Ashley, shared her experience on Tiktok about guests who accumulated a $1,500 electricity bill by setting up an electric vehicle station and mining cryptocurrency during their three-week stay. Despite leaving the property in excellent condition, the guests’ excessive energy use, captured on external security cameras showing them bringing in 10 computers, prompted […] Source link
The Bank of Ghana has recently launched a centralized online foreign exchange trading platform. This platform aims to enhance secure and efficient operations in the foreign exchange market. As of August 1, 2024, all licensed Foreign Exchange Bureaux are mandated to use this platform for buying and selling foreign currencies. The system will improve oversight […] Source link
The Aptos Foundation has recently introduced a proposal to deploy Aave V3 on the Aptos blockchain. This move is part of Aave’s open governance process and could mark a major milestone for both platforms. Aave Labs has already taken concrete steps towards this goal. They’ve developed integration code and successfully deployed it on the Aptos testnet, laying the groundwork for a potential mainnet launch. Aptos Foundation has introduced a proposal to deploy Aave V3 on Aptos Mainnet as part of Aave’s open governance process. Aave Labs has built integration code and deployed it onto the Aptos testnet. If approved, this…
Key Takeaways Grayscale’s Bitcoin Mini Trust continued its strong performance on Thursday, attracting an additional $191 million in inflows. The Grayscale Bitcoin ETF has suffered over $19 billion in losses post-ETF conversion. Share this article Grayscale’s Bitcoin Mini Trust got off to a strong start after pulling in $191 million on Thursday, its second day of trading, data from Farside Investors shows. The surge marks a 960% uptick from its initial day’s $18 million.The fund, operating under the BTC ticker, comes as part of Grayscale Investments’ ongoing efforts to attract investors with a low-cost option for gaining exposure to Bitcoin.…
RTFKT, the innovative creator-led company renowned for its next-gen sneakers and metaverse collectibles, has officially unveiled its eagerly awaited collection, Project Animus. This project marks a significant milestone in RTFKT’s journey, introducing a new dimension to their digital universe after a long development period. However, the initial market response has been underwhelming, with the revealed Animi trading at a floor price of 0.05 ETH, significantly lower than the 0.09 ETH floor price of the eggs. The Genesis of Project Animus Initially introduced in October 2022, Project Animus features a unique ecosystem of digital creatures called Animi. These Animi are designed…
Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add over 2 exahash per second (EH/s) to its mining capacity through a 30 MW immersion-cooled data center expected to be operational by the end of […] Source link
The BNB Smart Chain (BSC) experienced a mixed performance in the second quarter (Q2) of the year as the broader cryptocurrency market cooled off after a strong price surge in March. While BNB, the native token of the BSC, remained mostly flat, down 5% quarter-over-quarter (QoQ), the network’s key metrics showed both positive and negative trends. Binance Smart Chain Revenue Plunges According to a recent report by market intelligence platform Messari, the chain’s revenue, which measures the total fees collected by the network, fell 28% QoQ to $48.1 million during Q2, although it was only down 8% year-over-year from $52.4…