– Crypto bulls express fear over recent sharp price pullback, contrasting with previous unwavering belief in technology.
– Under Trump, crypto regulations eased, pro-crypto legislation signed, leading to increased institutional adoption and market growth.
– Clarity Act in 2026 seen as next major catalyst for crypto, as Trump family deepens ties with digital assets.
– American Bitcoin, co-founded by Eric Trump, debuts on Nasdaq with $4.5 billion market cap.
– Despite institutional adoption, crypto faces near-term price pressure with Bitcoin prices down 15% in the past month.
– Industry leaders at Invest conference voice concerns about crypto industry, highlighting importance of diverse perspectives.
– Experts discuss Bitcoin’s growth potential, volatility, and future dominance in the digital asset space.
– Prediction that by 2035, bitcoin will surpass gold as a larger asset class, emphasizing the importance of investing in crypto now.
– Insights on the future of investing through tokenization and crypto technology, with expectations of continued growth and integration into the financial system. 1. The United States has surpassed 30 million confirmed cases of COVID-19, with the death toll reaching over 550,000. Health officials are urging continued mask-wearing and social distancing to prevent further spread of the virus.
2. In economic news, the stock market saw a slight dip today as investors reacted to rising inflation concerns. The Federal Reserve is closely monitoring the situation and is expected to keep interest rates low to support economic recovery.
3. The Biden administration announced a new infrastructure plan that includes $2 trillion in funding for transportation, clean energy, and broadband expansion. The plan aims to create millions of jobs and address critical infrastructure needs across the country.
4. Scientists have discovered a new species of dinosaur in Argentina, named Llukalkan aliocranianus. This carnivorous dinosaur had a unique skull structure and likely roamed the Earth during the Late Cretaceous period.
5. In entertainment news, actor Will Smith has announced a new memoir, detailing his rise to fame and personal struggles. The book, titled “Will,” is set to be released in November and is expected to provide insight into Smith’s life and career.
Read more at Yahoo Finance: What Eric Trump, Michael Saylor, and others are saying
