Bitcoin 2024 slammed by dev for TradFi focus, Musk removes crypto emojis from X

07/26/24 • 7 min

It’s been a busy 24 hours in crypto, and it’s time for a daily debrief. Bitcoin — and most of the market — has rallied, but analysts are cautious but somewhat optimistic about what may come next. US-based spot Ether ETFs have another difficult day courtesy of meaty outflows from Grayscale’s converted ETF, which has now seen over $1.1 billion in exit it. The Bitcoin 2024 conference has gotten underway in Nashville, Tennessee, with politics taking center stage. Global asset management giant BlackRock is present at the conference, but not everyone is thrilled about it, and Elon Musk has removed the Bitcoin emoji from X, but it’s not the conspiracy you think it is!
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So, grab yourself a coffee, and let’s get into it!

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So, grab yourself a coffee, and let’s get into it!

Previous Episode

The reason for Bitcoin and Ethereum corrections, Polymarket goes parabolic

It has been a rough 24 hours across the board in crypto, with Bitcoin dropping several percent and Ethereum taking an enormous, near-10% haircut. But why? Bitcoin has been on a sustained recovery rally for weeks, and with the launch of spot Ether ETFs in the United States, the news has been positive of late — so what’s going on? Today’s episode breaks down what the trusted analysts show, including an incredibly bullish narrative around Bitcoin. In other news, we’ll look at the performance of spot Ether ETFs yesterday and why the crypto-centric betting platform Polymarket has gone parabolic.
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So, grab yourself a coffee, and let’s get into it!

Next Episode

Trump to make US ‘crypto capital of the planet,’ will fire Gensler on day one

What better way to start the week than with Bitcoin chasing down all-time highs? BTC has been on the ascent since last Wednesday, but it had a particularly strong weekend, propelled in part by the Bitcoin 2024 conference in Nashville, Tennessee. Former US President Donald Trump, Robert F. Kennedy Jr., Michael Saylor, Edward Snowden and other big names discussed the future of Bitcoin, and it’s hard not to absorb the positivity. Today’s episode covers all of the biggest talking points from the conference to ensure you’re in the know!
Further reading:

So, grab yourself a coffee, and let’s get into it!