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Welcome back to BlockchainIST!
We decode the complexities of blockchain and crypto-economics with precision and poise. As a research center committed to revealing the entanglements of this dynamic domain, we are delighted to present you with a curated collection of insights, analysis, and cutting-edge research.
📰 TOP NEWS
Trump pledged to end anti-crypto policies at the Bitcoin 2024 event.
“Trump criticized the Biden-Harris administration's negative attitude towards the crypto industry. He also stated that he would fire Gary Gensler on the first day of his presidency. Trump underlined the potential of Bitcoin and other cryptos. This demonstrates that, for the first time in US democracy, cryptocurrencies will be one of the headlines.”
Putin legalizes Bitcoin for payments amid global economic shifts.
“Due to the ongoing war between Russia and Ukraine, Russia faced sanctions from the Western countries. As sanctions were applied by the Western countries, Russia turned to pro-crypto policies to evade sanctions.”
U.S. government moves $2 billion in BTC.
“According to Coingecko, global governments possess 2.6% of Bitcoin's circulating supply, totaling 471,380.6 BTC valued at $32.7 billion. The US government is one of the top holders of Bitcoin which was seized from Dark Net markets. Each Bitcoin transaction of the US government creates sell pressure in the crypto market.
MicroStrategy owns 226,500 BTC, costs $8.3 billion.
“MicroStrategy's aggressive Bitcoin investment reflects a strong commitment to cryptocurrency's future potential. After reporting the company’s holdings, the firm stated it is planning to increase its Bitcoin holdings.”
📌 REMARKS OF THE WEEK
Source: Investing.com
🔐 CRYPTO UNLOCKS
Source: Token Unlocks
🎟️ EVENT OF THE WEEK
Science of Blockchain Conference
Science of Blockchain Conference highlights technological advancements within the blockchain ecosystem, gathering experts and practitioners.
The conference primarily focuses on the use of cryptography, decentralized protocols and technical enhancements to advance the security and scalability of blockchain applications.
Date Aug 7-9
💬 EXPERT OPINION
Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.
📊 METRIC OF THE WEEK
Our researchers designed this metric with ❤️
GLOSSARY CORNER A bond is a debt security in which an investor loans money to a borrower (typically a corporation or government) for a defined period at a fixed interest rate. | EDITOR’S CHOICE • Programming Bitcoin (book) • Crypto Loans (video) |
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