Coinbase exec confirms talks with Kamala Harris campaign on crypto policy direction
Critics says Harris has been making vague cryrpto promises about future changes.
Happy Thursday!
The global crypto market cap is $2.14 trillion, with a 24-hour volume of $69.47 billion. The price of Bitcoin is $60,381.06, and BTC market dominance is 55.8%. The price of Ethereum is $2,611.52, and ETH market dominance is 14.7%. The best-performing sector is Cannabis, which gained 175%. The Crypto Fear & Greed Index is currently Extreme Fear (39).
LATEST SLATECAST 🎙️ Kamala Harris’s stance on crypto could decide 2024 election, says Scaramucci
📰 Top News
Coinbase exec confirms talks with Kamala Harris campaign on crypto policy direction
Critics says Harris has been making vague cryrpto promises about future changes.
👀 Metric of The Day
Antpool mines consecutive Bitcoin blocks, earns nearly $2 million amid Babylon staking surge
Hackers compromise McDonald’s Instagram account to conduct $700k rug pull
The group identified as India_X_Kr3w managed to snag $700,000 after gradually dumping their GRIMACE holdings.
US-traded spot Ethereum ETFs amass $2 billion in inflows
If bundled cumulatively under one product, the inflows would make it the fourth largest ETF launch to date.
Bitcoin climbs to $61.7k as Fed minutes hint at rate cut in September
The document also hints at a 25 basis points (bps) rate cut due to "recent progress on inflation" and "increases in the unemployment rate."
📈 Latest Insights
Stabilization of Bitcoin price aligns with equilibrium in Bitfinex interest positions
Institutional interest shifts as Bitcoin ETFs attract capital, Ethereum ETFs continue to bleed
🗞️ More News
Crypto firms pour $119M into 2024 US federal elections, rivaling traditional powerhouses
Emerging markets embrace stablecoins despite significant premiums
Vitalik Buterin urges pluralistic approach to governance, moving past cypherpunk origins
One Bitcoin now buys over 10,000 Big Macs, up from just 51 in 2015
📖 Latest Market Report
The fluctuating correlation between Bitcoin and gold
CryptoSlate's latest market report dives deep into the factors driving the Bitcoin-gold correlation.