Crypto
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Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at…
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Google parent Alphabet profit surges 29% in Q2 amid AI splurge
The firm’s CEO, Sundar Pichai, said its AI products have already generated “billions” in revenue from its cloud business. Source…
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Senator Cynthia Lummis releases report attacking Biden’s mining tax
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers. Source link
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Spot Ethereum ETFs seen with over $1B in trading volume on debut
Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a…
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BlackRock Bitcoin ETF inflows surpass 'magnificent 7' stocks as trader eyes $88K
Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows. Source link
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Riot subsidiary Whinstone US sues former JV partner over revenue flow
The partners at the Texas facility had troubled relations almost from their start in 2020. Source link
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Kamala Harris could be ‘far more open’ to crypto business, Mark Cuban says
Kamala Harris’ campaign team is reportedly seeking input on crypto policy ahead of the Democratic National Convention. Source link
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Bill targeting illicit use of crypto passes US House
The Financial Technology Protection Act passed the House of Representatives by voice vote roughly a year after lawmakers sent it…
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US lawmakers send a letter to OpenAI requesting government access
Congressional Democrats asked the AI firm, “What is the percentage of computing resources that OpenAI is dedicating to AI safety…
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Crypto traders say Ethereum ‘undervalued,’ expect spot ETH ETF to fuel new highs
Ethereum price has a muted response to today’s spot ETH ETF launch, but traders still expect Ether to hit new…
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