The Last Fortnight In Crypto - July (Part 2)
The Last Fortnight In Crypto - July (Part 2)
Latest News
It's been a massive fortnight in crypto news, so for those who have been HODLing under a rock, here are the hottest stories to hit the landscape you NEED to know about!
Biden drops out of election bid, endorses VP Kamala Harris as replacement.
President Joe Biden has withdrawn from the presidential race after internal Democratic pressure, citing the best interest of his party and the country. Biden will continue to serve as president until January and endorsed Vice President Kamala Harris as his successor. Harris, backed by notable Democrats like California Governor Gavin Newsom, aims to win the nomination. The decision followed Biden's poor debate performance and recent gaffes. The Democratic nomination process may see competition, but Harris has significant support within the party. What does this mean for Bitcoin? Stay tuned.
Flawed security update took down networks around the world, including banks. But not Bitcoin.
A massive tech failure has caused travel chaos around the world, with banking and healthcare services badly hit in the biggest IT outage ever experienced.
Thousands of flights have been grounded because of the IT outage - a flaw which left many computers displaying blue error screens. There were long queues, delays and flight cancellations at airports around the world, as passengers had to be manually checked in; plus, with countless of global businesses also experiencing the chaos at ground level.
Cyber-security firm Crowdstrike has admitted that the problem was caused by an update to its antivirus software, which is designed to protect Microsoft Windows devices from malicious attacks.
Incredibly though, Bitcoin kept hashing.
Ethereum ETFs go live on Tomorrow: What you need to know
Ethereum ETFs are set to go live tomorrow, Tuesday 23 July 2024, marking a significant milestone for the cryptocurrency market. This development allows investors to gain exposure to Ethereum without directly holding the cryptocurrency. The launch of these exchange-traded funds is expected to attract more institutional and retail investors, potentially increasing the mainstream adoption of Ethereum. This move follows the earlier success of Bitcoin ETFs, highlighting the growing acceptance and integration of cryptocurrencies into traditional financial markets.
Crypto Curious Episode 136 covers all of this and more!
Crypto Jargon – The Phrases You Hear but Don’t Understand Explained!
How to Find Reliable Crypto Information
5 companies that changed their mind about Bitcoin.
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