Trump Aims to Lead the United States to Victory in the Crypto Race Against China!

M6 Labs Alpha Bytes 🚨 July 17th

Author

M6 Labs
July 17, 2024

GM anon ☕🐺

In today’s Alpha Bytes👇

Trump urges the U.S. to take the lead in the global crypto race before China or any other country, while simultaneously announcing his fourth NFT collection. Ripple donates $1M to unseat Warren, while the Winklevoss twins contribute to the pro-Trump superPAC. Kraken informs users that Mt. Gox reimbursement funds have been received.

BTC $65,757 (+3.13%), ETH $3,500 (+2.09%), SOL $161.69 (+3.33%)

Crypto News 📰

  • Chinese businessman Miles Guo was convicted of multi-billion-dollar fraud in New York.

  • FTX and CFTC agree to $12.7B settlement, subject to court approval

  • Craig Wright forced to post that he is not actually Bitcoin founder Satoshi Nakamoto following UK ruling

  • US spot bitcoin ETFs post $422M in net inflows, largest since early June

  • LI.FI loses estimated $9M in exploit

  • Coinbase narrows subpoena, wants Gensler’s emails during time as SEC chair

  • Blast drops ‘L2’ from X username, reduces withdrawal time from 14 to 7 days

  • a16z co-founders pledge to support Trump in wake of Vance VP pick

  • SEC has given ‘preliminary approval’ to at least 3 ETH ETF issuers

  • Plaintiffs renewed the lawsuit against Tether and Bitfinex once again

  • Tether increases USDT issuance on TON blockchain to $730M

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That's a wrap for today!

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