Democratic platform disregards cryptocurrency amidst rising industry importance In stark contrast to the Democrats’ exclusion, the Republican Party has positioned Bitcoin as a fundamental topic in their 2024 platform, highlighting a distinct difference in how the two primary U.S. political parties perceive the future of digital currencies.

Bitwise broadens its international footprint with ETC Group buyout Bitwise Asset Management has taken a significant step towards expanding its international footprint by acquiring the London-based ETC Group, which is known for issuing Europe’s largest physical Bitcoin ETP (BTCE). This strategic purchase not only bolsters Bitwise’s standing in the global cryptocurrency market but also incorporates over a billion in assets under management into their portfolio.

Bitcoin’s dwindling supply and halving events Furthermore, as the influx of new bitcoins diminishes, competition among miners escalates. This heightened competition, along with the increasing challenges of mining, suggests that the cost of generating each new bitcoin is likely to ascend over time.

Dynamics of Long-term Holders and Their Market Effects The upsurge in retail interest, particularly in Australia, is a promising indicator for Bitcoin’s long-term outlook. While it may not suffice to trigger a significant price rally independently, it contributes a layer of support that could help stabilize the market and lay a foundation for future growth.

₿trust’s mission and effect Upon submitting an application, it is subjected to a detailed review process by the ₿trust team. Those who succeed are not only technically proficient but also possess a clear vision for their contributions to the decentralization and fortification of the Bitcoin network.

Growth of Institutional Inflows to U.S. Spot Bitcoin ETFs in Q2 2024 This trend could be particularly significant for Australian investors. As institutional enthusiasm for Bitcoin ETFs increases in the U.S., it may hint at a wider acceptance of cryptocurrency assets within traditional financial markets.

Overview of the Lava Protocol For individuals unfamiliar with the concept, DLCs function as smart contracts that resolve based on the occurrence of an event outside the Bitcoin protocol. This could range from Bitcoin’s price to the outcome of a sports match.

Market Dynamics and HODL Waves The prevalence of older coins—those retained for six months or more—implies that these stakeholders are not easily influenced by transient market shifts. Rather, they seem to retain their Bitcoin with hopes for future price surges.