Rich Dad Poor Dad author Robert Kiyosaki has urged investors to save bitcoin instead of fiat currencies, which he calls “fake money.” He criticized the historical decision to take the dollar off the gold standard and the education system for not teaching about money. Kiyosaki also noted former U.S. President Donald Trump’s endorsement of bitcoin […]
Read MoreDay: August 1, 2024
Bitwise CIO Predicts Major Bitcoin Upside — Says ‘We’re Not Bullish Enough’
Bitwise’s chief investment officer has expressed that the industry is not bullish enough about bitcoin, given the current market dynamics. He pointed to increasing political support, including Donald Trump’s proposal for a national bitcoin stockpile and various legislative initiatives, as indicators of a potential market shift and significant upside for bitcoin investors. Bitwise CIO Matt […]
Read MoreUS Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve
U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve as an additional store of value to strengthen America’s balance sheet. The initiative seeks to position the U.S. as a leader in financial innovation by proposing the purchase of 1 million bitcoins and ensuring robust […]
Read MoreHamster Kombat Releases Whitepaper, Allocates 60% of Upcoming Airdrop to Community Distribution
Hamster Kombat, the popular tap-to-earn game built on the TON network, has announced the release of its whitepaper and an updated development roadmap. Through social media, the project revealed that, due to players’ contributions to its success, it has allocated 60% of its upcoming airdrop for community distribution. Hamster Kombat Updates Roadmap, Discloses Community Distribution […]
Read MoreBank of Russia Expects Wide Adoption of Digital Ruble Within 5 to 7 Years
Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a high level of acceptance due to the benefits it offers to Russian citizens. During a speech at the Federation Council, Nabiullina stated that it would be widely adopted within five to seven years. […]
Read MoreSUN.io Launches SUN DAO to Enhance Decentralized Governance and Drive Ecosystem Innovation
PRESS RELEASE. Singapore, August 1st, 2024 – SUN.io, a leading DeFi platform built on the TRON blockchain, is thrilled to announce the launch of SUN DAO. This strategic initiative aims to enhance SUN.io’s decentralized governance and community autonomy. By expanding the real-world use cases of the SUN token, SUN DAO will support the development and […]
Read MoreUAE Bank Launches VASP-Focused Accounts for Managing User Funds
Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service providers to manage client funds. CEO Bernd van Linder said the move aligns with CBD’s core banking services and supports the bank’s plans to foster the digital economy. VASP Accounts Align With Bank’s Vision Commercial Bank of […]
Read MoreBest Wallet Launches Airdrop Campaign Offering Free $BEST Tokens
Best Wallet has just launched an airdrop campaign for its native BEST token. But this isn’t just another free token giveaway. Instead, it’s a ticket to a complete Web3 toolkit that could give users a head start in the DeFi space. Best Wallet – Your Ultimate Web3 Companion Best Wallet is aiming to be the […]
Read MoreSpot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust
On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s Mini Bitcoin Trust. The day’s trading session saw these funds attracting a modest $298,930 in net inflows. Spot Bitcoin ETFs Report Modest Inflows During Tuesday’s trading session, only two spot bitcoin ETFs experienced inflows. Blackrock’s […]
Read MoreJustin Sun Offers to Host Musk vs. Maduro Fight in Grenada
In a surprising turn of events, Tron founder Justin Sun has announced that the highly anticipated fight between Elon Musk and Venezuela’s President, Nicolás Maduro, could take place at the Grenada National Stadium. Sun, who was appointed as Grenada’s Ambassador and Permanent Representative to the World Trade Organization in 2021, has offered to cover all […]
Read More