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BlackRock Bitcoin ETF inflows surpass 'magnificent 7' stocks as trader eyes $88K

Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows. Source link

Riot subsidiary Whinstone US sues former JV partner over revenue flow

The partners at the Texas facility had troubled relations almost from their start in 2020. Source link

Senator Cynthia Lummis releases report attacking Biden’s mining tax

The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers. Source link

Crypto Super PAC spends $1.7M on media buys as Arizona primary looms

Protect Progress used roughly $415,000 to fund a media buy for former Aspiration CEO Andrei Cherny, a Democrat running for Congress in Arizona’s 1st District. Source link

Kamala Harris could be ‘far more open’ to crypto business, Mark Cuban says

Kamala Harris’ campaign team is reportedly seeking input on crypto policy ahead of the Democratic National Convention. Source link

Bill targeting illicit use of crypto passes US House

The Financial Technology Protection Act passed the House of Representatives by voice vote roughly a year after lawmakers sent it out of committee. Source link

US lawmakers send a letter to OpenAI requesting government access

Congressional Democrats asked the AI firm, “What is the percentage of computing resources that OpenAI is dedicating to AI safety research?” Source link

Trump quashes reports on Jamie Dimon and Larry Fink as his Treasury Secretary

The 78-year-old Republican nominee responded to reports suggesting he was considering the two financial CEOs for his cabinet. Source link

Bitcoin gains $1.2K in 1 hour as BTC price rebounds on Ether ETF launch

Bitcoin and Ethereum volatility continue as crypto traders react positively to Ether ETF trading volumes. Source link

Is Trump right to worry that China could ‘take over’ crypto?

Does China regret banning Bitcoin mining in 2021? Could it opt back in? Can a single nation even control decentralized assets like BTC? Source link