External news feeds 919/2361

Santa Monica City Council Unanimously Approves Landmark Bitcoin Initiative

The Santa Monica City Council has unanimously approved the creation of a Bitcoin Office. Proposed by Vice Mayor Lana Negrete and in partnership with The Proof of Workforce Foundation, the program aims to boost Bitcoin education, economic recovery…

Peter Brandt Anticipates Bullish Move for Bitcoin, Says ‘Bears Are Trapped’

Veteran trader Peter Brandt’s recent bitcoin analysis suggests a bullish momentum, noting that a bear trap is confirmed by the July 13 close. However, this outlook is contingent on bitcoin staying above $56,000. Brandt recently predicted a…

Bullish Solana Forecast: Expert Sees SOL Reaching 50% Of ETH’s Market Cap This Cycle

Solana (SOL), the fifth largest cryptocurrency in the industry, saw a notable resurgence over the weekend, in line with the broader market rally and Bitcoin’s (BTC) rebound towards the $63,000 mark for the first time in over a week.  SOL’s…

Market Trends Favor Ethereum as ETF Launch Nears, Finds Bybit and Block Scholes Study

A recent report from Bybit and Block Scholes reveals shifting investor sentiment in the crypto derivatives market, favoring ethereum over bitcoin. This insight, derived from analysis of market trends across various trading formats, highlights an…

Bitcoin 2024 to Host 'Bitcoin Propaganda Track' In $5,000 Winner Take All Challenge

Bitcoin 2024, the world's largest Bitcoin conference, will feature a new creative contest at this year's event, designed to mobilize and inspire broader audiences about Bitcoin: The Bitcoin Propaganda Track.The Bitcoin Propaganda Track calls on…

Bitcoin Miner Northern Data AG Announces 20% Capital Increase With a $233M Investment From Tether

On Monday, Northern Data AG said it has resolved to increase its share capital by 20%, planning to raise €214 million ($233 million) through the issuance of new shares. The company aims to enhance its cloud platform and expand its data…