Crypto News
US Could ‘Pay Off Our Debt With Bitcoin’, Says Donald Trump
Trump says the federal government could “hand ‘em a little Bitcoin” and wipe out its $35 trillion in debt.Source link
Crypto Lender Ledn Processes Over $1 Billion Loans in First Half of 2024
Ledn, a crypto lending platform, announced that it has processed over $1.16 billion in loans during the first half of 2024. This includes a notable 29.8% quarter-over-quarter growth in retail lending, driven by investor strategies and market dynamics such as the recent Bitcoin halving and the rise of Ethereum exchange-traded funds (ETFs) in Asia. InstitutionalSource link
Bitcoin Mining Difficulty Peaks as BTC Price Falls
Bitcoin miners are feeling increasing pressure to either diversify or “double down” on BTC.Source link
El Salvador’s Chivo Wallet Has Not Presented Any Financial Balances Since Its Creation
Chivo Wallet, the official Bitcoin wallet of the Salvadoran government, has been operating without presenting any of its financial balances to the National Registry Center (CNR). While Chivo is a private company managed by El Salvador’s government and is not legally required to disclose its activities, it has failed to file its balances annually asSource link
As Trump Suggests Crypto as a Fix to U.S. Debt, Harris Camp Highlights His Remarks
Former President Donald Trump heaped more praise on the "very, very smart people" of the crypto industry in an interview broadcast on Friday, suggesting that the U.S. embracing Bitcoin {{BTC}} could aid in addressing the $35 trillion U.S. national debt. Though Vice President Kamala Harris, his presumptive Democratic opponent in the presidential race, hasn't yet made any policy statements about her own view on cryptocurrency, one of her campaign accounts on X – the "rapid response" campaign effort – seemed to slam Trump's view by airing his comments.Source link