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🇺🇸 Coinbase believes crypto voters will play major role in US Presidential elections Coinbase said crypto voters will play a significant role in the upcoming US presidential election and have the potential to impact key battleground states. The exchange pointed to several surveys and studies conducted on its behalf to gauge the extent of crypto adoption among American voters. It added that surveys have revealed that crypto is a decidedly bipartisan issue. Source 🔊 @Crypto_Nfts_Metaverse

💰 Malaysian crypto miners stole $722 million worth of power: energy official Cryptocurrency miners in Malaysia stole at least RM3.4 billion ($722 million) worth of power between 2018 and 2023, the country’s energy official said. Akmal Nasrullah Mohd Nasir, deputy energy transition and water transformation minister, said on Wednesday that the illegal crypto mining activities have become more widespread, local news website Malay Mail reported. Source 🔊 @Crypto_Nfts_Metaverse

💰 Bitwise CIO says key tailwinds could drive bitcoin to $100,000 by year-end Matt Hougan, chief investment officer at crypto asset manager Bitwise, outlined five key tailwinds for the crypto industry that, despite current headwinds, could see bitcoin’s price reach $100,000 by the end of the year. Bitcoin is currently down 21% from its latest all-time high of $73,836 set on March 14, partly amid concerns surrounding Mt. Gox distributions and the German government's sales of seized bitcoin. Source 🔊 @Crypto_Nfts_Metaverse

🪙 Ethereum leads crypto majors in rally amid Fed Congressional testimony Ethereum led an uptick of crypto majors on Tuesday, as equity indices gained amid U.S. Federal Reserve Chair Jerome Powell's Congressional testimony. The second largest digital asset by market cap's price increased by over 3% in the past 24 hours and was changing hands for $3,069 at 12:03 p.m. ET, according to The Block’s Price Page. Bitcoin posted a 2.5% increase, and major altcoins such as BNB and Solana increased 2.2% and 2%, respectively. Source 🔊 @Crypto_Nfts_Metaverse

🇩🇪 German receives small CoinJoin deposits amid ‘negligible’ $326 million Bitcoin sales The German government’s Bitcoin wallet received a small amount of Sats from a CoinJoin address amidst its significant selling activity. On-chain data from the crypto analytical platform Arkham Intelligence revealed that the German government wallets received less than $10 in three transactions from CoinJoin addresses today. Source 🔊 @Crypto_Nfts_Metaverse

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💰 German Government Liquidates $741M in Bitcoin Holdings Ten hours ago, the German government’s bitcoin wallets transferred 1,205 BTC to various parties. At 7:40 a.m. EDT, the wallets held approximately 38,621 BTC, but by 4:30 p.m., the government’s bitcoin holdings had dropped to 26,686 BTC after divesting an additional 11,935 BTC. Currently, the government’s bitcoin wallet is valued at approximately $1.5 billion in U.S. dollars. Source 🔊 @Crypto_Nfts_Metaverse

🪙 Tether 24 hour trading volume surpasses Bitcoin, Solana, USDC and Ethereum combined Tether USDT’s 24-hour trading volume exceeds the combined total of the following five digital assets, including Bitcoin and Ethereum. As CryptoSlate data indicates, Tether (USDT) maintains a higher volume than Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Solana (SOL), and First Digital USD (FDUSD), pointing to its significant presence in the market. Specifically, Tether recorded a 24-hour volume of over $55 billion, far surpassing Bitcoin’s $28 billion and Ethereum’s $15 billion. Source 🔊 @Crypto_Nfts_Metaverse

💰 Jack Dorsey Envisions Bitcoin Replacing US Dollar — Foresees BTC Reaching $1 Million Billionaire Jack Dorsey foresees a future where bitcoin could supplant the U.S. dollar as the dominant global currency. He envisions a scenario where bitcoin’s value could soar to $1 million by 2030. Highlighting the cryptocurrency’s decentralized nature, Dorsey underscores its potential to democratize financial systems and reduce reliance on traditional banking institutions. Source 🔊 @Crypto_Nfts_Metaverse

🚨 Peter Schiff: Bitcoin Bear Market Has Much Further to Go, Ether to Crash to $1,500 Economist and gold advocate Peter Schiff warns of a continued bitcoin decline, stating that “this bear market is a long way from over.” He predicts significant price falls for both bitcoin and ethereum, suggesting a potential crash if critical support levels fail. “It’s a long way down,” he said. Regarding ether, Schiff predicted: “I think a crash down to $1,500 is coming.” Source 🔊 @Crypto_Nfts_Metaverse