Trump Vows to End Crypto War!

GM anon ☕🐺

In today’s Alpha Bytes👇

Trump vows to fire Gensler, create a strategic Bitcoin reserve, end crypto wars, and make the US 'crypto capital of the planet.' Meanwhile, Democrats push Harris’s campaign to reset the crypto stance. 

BTC $69,510 (+3.11%), ETH $3,369 (+4.61%), SOL $191.79 (+5.14%)

Crypto News 📰

• Cantor Fitzgerald announces $2B Bitcoin financing business

• Grayscale Bitcoin Mini Trust approved by SEC, pending S-1 registration

• Sen. Lummis proposes US government purchase 5% of total Bitcoin supply

• WazirX launches fund recovery plan post $230M hack

• Russia makes crypto exchange ban u-turn

• South Korean prosecutors shut down $1.3M crypto mining scam

• Ava Labs engineering head Patrick O'Grady leaving team to start own company

• $24M Compound Finance proposal passed by whale over DAO objections

• Hong Kong lawmaker advocates for including bitcoin in financial reserves following Trump’s speech

• Swiss regulator FINMA targets stablecoin issuers in new proposal

• Casper Network halts operations following security breach

• University of Wyoming launches Bitcoin Research Institute

• Citron crypto-skeptic Andrew Left to face fraud charges

• Ex-FTX exec asks for delay reporting to prison after dog attack

• Silvergate agrees to pay $43M to Fed over AML violations

Project Updates 🔥 

• $600M XRP token release to bring August crypto unlocks to $1.5B

• Grayscale Ethereum Trust ETF net outflows hit $1.5B

• Base Dawgz surpasses $2.7M presale milestone as Base Chain expands into Political Arena

• COMP down 6.7% after supposed 'governance attack' on Compound DAO

• SafePal integrates with deBridge for seamless cross-chain swaps

• Solv Protocol opens SolvBTC redemption across multiple chains

• MicroBT unveils new M6XS+ series bitcoin miners

• Lumiterra announces its first closed beta test with a $1M prize pool

Threads 🧵 

• Using Solana as a sequencing layer?

• Decentralised AI computing power

• How high can BTC price go after Trump’s bullish Bitcoin speech?

• Crypto AI series: FHE

Launches 🚀 

• Drift Protocol to launch of a prediction market feature on Solana

• Abstract launches testnet supported by ZK Stack on Ethereum Sepolia

• Hamilton Lane launches a private credit fund on the Solana blockchain

• Tether to launch a new open-source project

• Starknet announces Kakarot zkEVM network launch in Q4 2024

• D8X to launch leveraged prediction markets amid rising interest in polymarket

Fundraise 💰

• OneMedNet Corporation raises $4.6M through private placement

• Metabit Network secures $10M in strategic funding

• Roxom secures $4.3M in pre-seed funding led by Draper Associates

• Bitcoin expansion network Mezo secures $7.5M funding

Calendar 🗓️

• 29 July : $DASH - Dash Evolution Mainnet Beta

• 30 July : $ROUTE - Router chain Mainnet

• 30 July : $APT - Supervillain (Game)

• 31 July : U.S. - Fed Interest Rate Decision

• ~31 July : $PENDLE - Renzo's points program ends

That's a wrap for today!

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