Donald Trump Is Hinting A 4th NFT Collection
Former US President Donald Trump has hinted new plans for a NFT collection, making a move into the Web3 space and shifting his stance on digital currencies. Trump highlighted his previous success of NFT projects “Trump digital trading cards”, selling out quickly in December 2022, raising about $750,000 in Ethereum. Trump’s presidential campaign has also seen a surge in crypto donations, totaling $3 million in the second quarter with notable donors like the Winkklevoss twins and Jesse Powell. Despite Trump’s past criticism towards cryptocurrencies, his recents involvement in crypto highlights his support and willingness to adapt to changes.
BlackRock’s Larry Fink Calls Bitcoin Digital Gold
BlackRock’s CEO Larry Fink once a Bitcoin critic, now considers Bitcoin as digital gold, with the ability to be a financial tool due to its potential for unconventional returns and as a hedge against currency debasement. This can be highlight in BlackRock’s iShares Bitcoin Trust (IBIT) surpassing Grayscale’s Bitcoin Trust as the world’s largest Bitcoin ETF, with inflows reaching $18 billion this year. Even though, German government had a major sale in Bitcoin the past week, Bitcoin’s price rebounded and with support from big institutions it further fuels to the price movement responding positively to the news.
Elon Musk Vows $45 Million Monthly For Trump's Presidential Campaign
Elon Musk plans to donate $45 million per month to a Super Pac focused on electing Donald Trump as president starting from July. Previously, Musk stated he wouldn’t support either presidential candidates, he has pivoted and already made a significant undisclosed donation to America Pac, a Super Pac supporting Trump’s president campaign. This donation has recieved positive feedback from Musk’s tech industry peers and allies, with Winklevoss twins and Joe Lonsdale also making contributions towards the Super Pac.
Craig Wright Admits He Is Not Satoshi Nakamoto And Updates His Website
Craig Wright, known for claiming he is Satoshi Nakamoto the founder of Bitcoin has recently updated his website and posted a disclaimer on July 16. This followed a lengthy legal battle with Crypto Open Patent Alliance (COPA), which accused Wright of faking documents to support his claims. The United Kingdom High Court ruled against Wright, outlining discrepncies in his evidence and concluded he is not the founder of Bitcoin. This has led to Wright’s assets being frozen and he could face additional investigation for perjury by the Crown Prosecution Service.
President Biden's Health Sparks Speculation On Presidential Race Withdrawal
President Joe Biden recently indicated in an interview that he would consider dropping out of the U.S. presidential race if a serious medical condition arose, sparking speculation and affecting betting odds platforms. Following Biden’s recent Covid-19 diagnosis and his statement, predictions for his withdrawal increase to 68%. This has raised discussions about the potential impact on the upcoming presidential election, fluctuating markets and uncertainties.
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