● Trump says Bitcoin has a chance to surpass gold in market value in the future
According to Odaily Planet Daily, Trump said in his speech at the 2024 Bitcoin Conference: According to the current trend, Bitcoin will have the opportunity to surpass the market value of gold in the future.
● Trump: Never sell your Bitcoin
According to PANews, Trump said in a speech at the Bitcoin 2024 conference that you should never sell your Bitcoin. He promised that if elected, he would keep 100% of Bitcoin as part of the country's strategic Bitcoin reserve. He also said that he would prevent the US government from selling seized Bitcoin.
● Trump promises to make the US a Bitcoin mining powerhouse after election
According to BlockBeats, on July 28, Trump stated at the Bitcoin 2024 conference that if he is elected president, he will make the United States the country with the lowest energy and electricity costs. At that time, the United States will become an undisputed Bitcoin mining power, and Bitcoin and cryptocurrency will contribute to U.S. economic growth.
● Trump calls for stablecoin legislation at Bitcoin conference
According to ChainCatcher, Trump encouraged the proposal of a framework to promote stablecoin legislation during his speech at the Bitcoin 2024 conference.
According to Bloomberg, Robert F. Kennedy Jr., an independent candidate for the US presidential election, said at the Bitcoin 2024 conference that Trump may authorize the US government to purchase 1 million bitcoins as a strategic reserve asset. Kennedy said that if elected, he would sign an executive order instructing the Treasury Department to purchase bitcoins every day until the United States reserves at least 4 million bitcoins. Kennedy believes that this will ensure the United States' dominance in the field and drive up the valuation of Bitcoin.
According to Golden Finance, data disclosed by blockchain analysis company Glassnode shows that the open interest of Bitcoin perpetual futures in 2024 basically fluctuates between 220,000 and 240,000 BTC. This value usually drops rapidly during deleveraging events and rises during periods of strong speculation, but recently the open interest has risen to the range of 260,000 to 280,000 BTC, indicating that speculative demand has increased since the beginning of June, with Binance, Bybit and OKX accounting for about 84% of the market share. Previously, when the BTC price fell to the $53,000 area, it led to a meaningful deleveraging event, and many long-biased traders were liquidated near the low point, but the subsequent rebound price recovery was also very strong, returning most short-term holders to an unrealized profit state, which provided much-needed financial relief for the net positive capital inflows in recent weeks.
According to Odaily Planet Daily, on-chain analyst @ali_charts monitored that the Bitcoin Hash Ribbon indicator showed that miners' "capitulation" has ended, indicating that Bitcoin price momentum will turn from negative to positive.
● 15 Democratic lawmakers call for new approach to cryptocurrency policy
According to BlockBeats, on July 27, FOX Business reporter Eleanor Terrett posted on social media that U.S. Congressman Wiley Nickel and 14 Democratic congressmen, including Ro Khanna, wrote to the Democratic Party, calling for a new approach to cryptocurrency policy. Specifically, they include: adding support for cryptocurrency to the party platform; selecting a vice president who supports cryptocurrency and understands digital assets; selecting a SEC chairman who supports innovation; and interacting with the industry in a meaningful way.
● Vitalik Buterin refutes Péter Szilágyi’s concerns about Ethereum’s decentralization
According to Odaily Planet Daily, Vitalik Buterin refuted the statement of Péter Szilágyi, head of the Ethereum team, that "the research team fully accepts centralization." Buterin said that the EF research workshop discussed various methods to minimize centralization, including multiple proposers, maximizing the power of inclusion lists, fork selection, Orbit SSF, network analysis of PeerDAS and fullDAS, etc. Szilágyi expressed his concerns about the Ethereum PeerDAS proposal on social media earlier, believing that the proposal would hinder home stakers from participating in the Ethereum network and violate the spirit of decentralization. He believes that the research team has accepted the idea of centralized control.
