Daily digital currency dynamics summary (2024-08-07)
1. BlackRock and Nasdaq apply to launch Ethereum spot ETF option trading.
2. Analysis: If Bitcoin holds at $45,000, it may break through its historical high again within a year.
3. Harris and other US Democrats will hold a meeting with crypto industry professionals on Thursday evening.
4. Trump is unlikely to deliver on his Bitcoin policy, and any US government that comes to power will print money, which is good for cryptocurrencies.
5. Bitcoin is more likely to go sideways than to fall further.
6. The crypto market has recovered slightly, but short squeezes may occur.
7. South Korean crypto exchange Upbit will launch PENDLE's Korean won and BTC trading market.
8. Berkshire's cash reserves are higher than the total market value of stablecoins in the crypto market.
9. BlackRock will abandon the BlackRock brand in its active ETFs and switch to the iShares brand.
10. The average mining cost of Bitcoin for US mining companies is about $43,000.
11. Bitcoin will be another "Louisiana Purchase moment" for the United States.
12. Bitcoin and precious metals were negatively correlated in July.
13. Harris' running mate Waltz advocates stricter regulation of cryptocurrencies
