In today’s crypto news, the Democratic National Convention (DNC) kicked off, but there was no mention of Bitcoin or any other cryptocurrencies. Although a DNC executive claimed that the Democratic National Committee Chair had a meeting with a Bitcoin miner, I’m skeptical—it seems like a move to win over the crypto community for the upcoming election. From my perspective, the Democrats have consistently shown themselves to be the anti-crypto party. On the other hand, Republicans have openly supported cryptocurrency, and I believe crypto has a brighter future if Republicans come out on top.
In other crypto news, some experts are pointing out that Floki, a Dogecoin rival, is following the same trend as Binance Coin (BNB). This could be a promising sign for those considering investing in or purchasing this crypto.
Satoshi Nakamoto, the mysterious creator of Bitcoin, is still unknown to the world but remains the largest Bitcoin whale, holding 1.1 million coins. This makes Satoshi incredibly wealthy, and it’s fascinating that someone could hold such a fortune while maintaining complete anonymity. What are your thoughts on this?
Bitfinex has predicted that Bitcoin will surge after one more significant crash. I have to agree—Bitcoin has a history of taking deep dives before skyrocketing again.
Lastly, there are three new meme coins making waves: POPCAT, MUMU, and Billy. These coins are new to me, but they’re certainly gaining attention.
Thank you for reading. Remember, this is just news and my opinion—always do your own research.
Thank You,
Crypto King
