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Donald Trump picks Bitcoin-owning JD Vance to be his VP
Donald Trump picks Bitcoin-owning JD Vance to be his VP

Share link:In this post: Donald Trump has chosen Ohio Senator JD Vance, a strong cryptocurrency supporter, as his running mate for the 2024 presidential election. JD Vance, once a critic of Trump, has shifted to become a key ally, with a stance against US aid to Ukraine and support for Trump’s claims about the 2020 election.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly rec

Cryptopolitan·2024/07/15 23:31
Federal Reserve’s Jerome Powell changes his strategy for cutting rates
Federal Reserve’s Jerome Powell changes his strategy for cutting rates

Share link:In this post: Jerome Powell announced that the Federal Reserve will not wait for inflation to hit 2% before cutting interest rates, aiming to act based on current trends and data. Powell expressed confidence in recent positive inflation data and reassured that a “hard landing” for the U.S. economy is unlikely. Bitcoin started rising when CPI data came in a few days ago and had already surpassed $64,000 at the time of writing.Disclaimer. The information provided is not trading advice. Cryptopolit

Cryptopolitan·2024/07/15 23:31
The Daily: Bitcoin, memecoins and NFTs gain after failed Trump assassination attempt
The Daily: Bitcoin, memecoins and NFTs gain after failed Trump assassination attempt

Bitcoin breaks above $63,000 after Donald Trump survives assassination attempt.Bernstein says the “Goldilocks scenario” is emerging for bitcoin miners amid the “Trump factor.”South Korea proposes pushing back crypto gains taxation to 2028.The following is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

The Block·2024/07/15 20:34
Request for AVS: Uniswap v4 Hooks
Request for AVS: Uniswap v4 Hooks

EigenLayer Blog·2024/07/15 15:25
Flash
02:46
Caixin: Token export for AI inference services may become a new application scenario for central bank digital currencies
According to Caixin, the export of tokens for AI inference services is seen as a potential application scenario for central bank digital currency (CBDC) in cross-border payments and settlements. The trusted settlement protocol features of CBDC can be integrated with enterprise-level AI service metering systems, enabling a closed-loop process from activation and billing to clearing and settlement.
02:41
STRC depegging intensified in the early morning, once dropping to $82.7, and closed at $88.8
BlockBeats news, June 19, according to Bitget market data, the "Stretch" variable-rate perpetual preferred stock STRC issued by Strategy (MicroStrategy) experienced a severe depeg to a recent low, plummeting to as low as $82.7 early this morning, and closing at $88.8. Reportedly, STRC is the preferred stock used by Strategy to raise funds from the market to buy Bitcoin. Its par value is roughly anchored at $100, pays a relatively high dividend, and its dividend rate adjusts according to price fluctuations, with the goal of keeping it trading close to par value. The significant depegging of STRC indicates that the market demands a higher yield, and also shows that investors' confidence in its creditworthiness/dividend stability has decreased. Previously, Strategy relied heavily on issuing STRC to finance its Bitcoin purchases; if the STRC price falls below par, it is no longer cost-effective for the company to issue new STRC, which is equivalent to borrowing at a higher cost. Therefore, its "continued ability to buy coins" would be weakened.
02:39
Sui announces Seal MPC is now live on mainnet
Sui posted on X that Seal MPC is now live on mainnet. Seal is a programmable access layer for data, AI, and digital assets. Developers can freely choose to use independent key servers, an MPC committee, or a combination of both, bringing a more robust trust model to encrypted data, AI, and digital assets.
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