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NEW: π Senator Cynthia Lummis says the long awaited Clarity Act helping protect bitcoin users will be introduced βin the next few daysβ to Congress
π° CC | Crypto Tips π°
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JUST IN: πΊπΈ Circle's President talks Clarity Act on FOX
"There are many financial institutions, traditional financial institutions that really want to get into this space" π
π° CC | Crypto Tips π°
"There are many financial institutions, traditional financial institutions that really want to get into this space" π
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JUST IN: π $3.3 trillion Capital Group's Growth ETF (CGGR) just disclosed it bought 80,240 shares ($7.78 million) more of Bitcoin treasury company Strategy $MSTR and now holds a total of 1.66 million shares ($161.39 million).
The world's largest active fund manager.
π° CC | Crypto Tips π°
The world's largest active fund manager.
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JUST IN: π Singaporean publicly traded #Bitcoin mining company Canaan Inc $CAN increased its holdings by 48 BTC and now holds a total of 1,915 BTC.
Bitcoin 100 Ranking: 33
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Bitcoin 100 Ranking: 33
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The US and UK said they plan to adopt stablecoins for cross-border financial transactions
Both governments stated: "well-regulated stablecoins have the potential to promote efficiency and competition in our financial systems, modernise financial market infrastructure, and improve cross-border payments and transactions."
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Both governments stated: "well-regulated stablecoins have the potential to promote efficiency and competition in our financial systems, modernise financial market infrastructure, and improve cross-border payments and transactions."
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JEFF WALTON: π "Bitcoin can be a $10β15 trillion asset. We want to position ourselves accordingly to maximize shareholder value."
"We are sitting on one of the biggest capital-formation opportunities of our lifetimes."
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"We are sitting on one of the biggest capital-formation opportunities of our lifetimes."
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JULIAN LINIGER: π "They don't earn enough to finance their lives. Rent is going up, insurance is going up, coffee costs double what it did three years ago."
The European middle class is getting squeezed so hard they don't have the bandwidth for Bitcoin.
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The European middle class is getting squeezed so hard they don't have the bandwidth for Bitcoin.
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JUST IN: π―π΅ Japanβs parliament passed amendments to the Financial Instruments and Exchange Act, legally classifying cryptocurrencies as financial products π
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JUST IN: πΊπΈ Coinbase Chief Policy Officer talks CLARITY ACT on FOX
"The policy change has occurred already...CLARITY is an opportunity to bed down those policies into permanent law, and I'm very confident we'll get there"
π° CC | Crypto Tips π°
"The policy change has occurred already...CLARITY is an opportunity to bed down those policies into permanent law, and I'm very confident we'll get there"
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JUST IN: πΊπΈ President Trump to meet with senators tomorrow to discuss the Clarity Act's "path to success" π
βIβm hoping that we can come up with some agreement by the end of this weekβ - Sen. Thom Tillis
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βIβm hoping that we can come up with some agreement by the end of this weekβ - Sen. Thom Tillis
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JUST IN: π $15 trillion BlackRock CEO tells CNBC that Bitcoin has "more stability at these levels" and is "very bullish on the market over the next 12 months" π
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JUST IN: π Lyn Alden just raised $40,000,000 to launch Orange Juice a permanent capital company backed by a #Bitcoin treasury.
They intend to pursue a public listing in the future to provide a "liquid ownership currency and access to capital markets."
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They intend to pursue a public listing in the future to provide a "liquid ownership currency and access to capital markets."
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NEW: πΊπΈ The Federal Law Enforcement Officers Association has endorsed the Clarity Act
This marks the second law enforcement endorsement π
π° CC | Crypto Tips π°
This marks the second law enforcement endorsement π
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FUN: π Bitcoin's order book visualized as a real-time battlefield where bulls and bears fight over price βοΈ
π° CC | Crypto Tips π°
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JUST IN: π Bitcoin Treasury Capital ($BTCB) has just got approval to list Sweden's first BTC-backed preferred (BTC PREF) offering 10% annual dividends on the Spotlight Stock Market starting July 20. Europe's first digital credit.
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JUST IN: π Strive CEO Matt Cole just said, "Assuming a 20%+ Bitcoin CAGR, our common stock will outperform BTC, and we can pay dividends on $SATA forever."
"That is by far the most likely scenario."
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"That is by far the most likely scenario."
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NEW: π Strategy CEO Phong Le responds to common equity volatility critiques.
"When #Bitcoin goes through a bear cycle like right now, $MSTR can perform a little bit worse, and when BTC goes up,$MSTR outperforms."
"Shareholders understand that our primary goal over time is to outperform BTC, an extremely volatile asset."
π° CC | Crypto Tips π°
"When #Bitcoin goes through a bear cycle like right now, $MSTR can perform a little bit worse, and when BTC goes up,$MSTR outperforms."
"Shareholders understand that our primary goal over time is to outperform BTC, an extremely volatile asset."
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