Daily digital currency dynamic summary (2024-07-22)

1. Market players: Bitcoin could see another move towards $70,000.

2. U.S. Vice President Harris’s stance on cryptocurrency has never been clear.

3. JPMorgan Chase: The cryptocurrency rally is unlikely to last, and a Trump presidency would benefit Bitcoin and gold.

4. Bloomberg: If Trump wins the election, the encryption industry expects that the US SEC’s enforcement will become milder.

5. Co-CIO of Magnet Capital: It is expected that the investability of the crypto market will be greatly improved under the Trump administration.

6.: Despite Bitcoin’s correction of over 25%, investors’ realized losses have not increased significantly.

7. Bloomberg Analyst: Net inflows into the U.S. Bitcoin spot ETF year-to-date reached $17 billion for the first time.

8. In the new US Republican Party platform, Trump promised to defend the rights of Bitcoin mining, digital asset self-custody and free trading.

9. Hong Kong Telecom will explore stable currency to support local and cross-border payments, and Standard Chartered Bank is concerned about risks.

10. Report: Africa’s share of total global blockchain venture capital investment fell to 1.3% last year.

11. Bloomberg reporter: It is recommended that the British Chancellor of the Exchequer sell more than 60,000 Bitcoin reserves to help revive the United Kingdom.

12. Five Ethereum spot ETFs including Fidelity will be listed on Cboe on July 23.

13. Binance receives court approval to deposit customer fiat funds into U.S. Treasury bills.

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