Posts published on July 8, 2024 go to media archive 2/4

German Government Liquidates $741M in Bitcoin Holdings

Ten hours ago, the German government’s bitcoin wallets transferred 1,205 BTC to various parties. At 7:40 a.m. EDT, the wallets held approximately 38,621 BTC, but by 4:30 p.m., the government’s bitcoin holdings had dropped to 26,686…

2024 Republican Platform Defends Bitcoin Mining and the Right to Self-Custody Crypto

The Republican Party has integrated cryptocurrency issues into its 2024 platform titled “Make America Great Again.” The document outlines the party’s intention to “end Democrats’ unlawful and unAmerican crypto…

Republican National Committee Endorses Pro-Bitcoin Platform in Party Draft

Today, a Republican National Committee panel approved a draft of its 2024 party platform, that strongly supports Bitcoin. On page nine, the draft explicitly states, "We will defend the right to mine Bitcoin, and ensure every American has the right…

Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?

Recent data shows that the Bitcoin mining difficulty is on the decline and has hit its lowest since May. This is significant considering what this could mean for the Bitcoin ecosystem, specifically Bitcoin’s price. Bitcoin Mining Difficulty Drops…

Longest Yield Curve Inversion in US History Continues Past 2-Year Mark

The 10-2 Year Treasury Yield Spread (I:102YTYS) has been inverted since July 7, 2022, marking the longest period of inversion in U.S. history at over two years, surpassing the previous record of 624 days set in 1978. An inverted yield curve occurs…

Federal Reserve’s Operating Losses Hit $176 Billion, Analysis Reveals

According to an investigative report by Pam Martens and Russ Martens the owners and operators of wallstreetonparade.com, the U.S. Federal Reserve has been consistently incurring operating losses since Sept. 28, 2022, totaling $176 billion by June…

VC Founders Summit Takes Over Singapore: Shaping the Future of Innovation

PRESS RELEASE. [Singapore, 2024] – Venture capitalists and industry leaders are gearing up for the much-anticipated VC Founders Summit on September 21st, promising to elevate discussions, foster collaboration, and chart the future course of…