On a 100°F evening in Phoenix, crypto enthusiasts from Arizona came out with gusto for the first night of the America Loves Crypto tour.

The tour, organized by the Stand With Crypto Alliance, a non-profit on a mission to get America’s 52 million crypto owners out to the polls in November, will roll through five swing states in the coming weeks, bringing awareness to the importance of voting for candidates who support pro-crypto policies in the upcoming US elections.

On this evening in Arizona, politicians such as Senator Kyrsten Sinema (I-AZ) and Arizona House Speaker Pro Tempore Travis Grantham (R) spoke to the audience alongside crypto industry founders before making way for the…

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The daily net flow of Bitcoin ETFs in the U.S. showcases significant activity among major funds as of September 5, 2024. The BlackRock IBIT ETF leads with a staggering 357,509 BTC under management, maintaining a neutral position with no net inflow or outflow on this date.

Grayscale’s GBTC, another significant player, shows a net outflow of 878 BTC, indicating some movement away from the fund. Conversely, the Bitwise BITB ETF experienced a positive net inflow, adding 164 BTC to its holdings.

Other notable funds like the Fidelity FBTC and VanEck HODL ETFs saw declines of 131 BTC and 57 BTC respectively. This variation in net flows highlights differing investor behaviors and market sentiments towards these investment vehicles.

The total holdings across all listed Bitcoin ETFs amount to 904,346 BTC, with a cumulative net outflow of 902 BTC, reflecting a slight decrease in holdings valued at approximately $50.98 million. This daily snapshot provides a clear view of the shifting landscape in Bitcoin investments within U.S. ETFs.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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In an exclusive interview with Alex Gladstein, Chief Strategy Officer of the Human Rights Foundation (HRF), Venezuelan opposition leader María Corina Machado discussed Bitcoin’s vital role in combating Venezuela’s economic collapse and authoritarianism. The interview, first published on Bitcoin Magazine, highlights the catastrophic impact of hyperinflation caused by the Chávez and Maduro regimes, which have devastated the Venezuelan bolívar.

Machado noted that under Chávez and Maduro, the bolívar has lost 14 zeros, with inflation skyrocketing to 1.7…

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Riot Platforms, Inc., a leading force in integrated Bitcoin mining, achieved a new record by producing 322 Bitcoin in August 2024, bringing its total holdings to over 10,000 Bitcoin. Despite challenges including high temperatures and unexpected maintenance, CEO Jason Les highlighted the company’s successful energy strategies at their Texas facilities. These strategies not only optimized costs but also contributed power back to the grid during peak demand, reflecting a commitment to sustainable operations.

The company continues to expand, with significant developments at both the Rockdale and Corsicana facilities in Texas. Completion of new buildings and cooling systems will bolster operations, further mitigating temperature-related disruptions. Riot’s proactive management of power consumption, particularly during peak periods, showcases its role as a responsible grid participant.

Looking forward, Riot is poised for continued growth with the near completion of its Corsicana facility’s Phase 1 and ongoing expansions in Kentucky. This positions Riot to meet its aggressive year-end targets for hash rate growth, underlining its strategic foresight under Les’s leadership.

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Ethereum’s performance over the past months has showcased the inherent volatility of the cryptocurrency market. January saw a modest 0.13% return, setting a steady tone for the year, but February surprised investors with a substantial 46.2% gain, reflecting the unpredictable nature of the market.

March continued the positive trend with an 9.14% increase, but April experienced a sharp downturn, with Ethereum falling by 17.30%. Such fluctuations highlight the potential risks investors face when navigating the crypto space.

May brought another rally with a 24.8% return, but June and July saw further declines of 8.62% and 5.97%, respectively. This inconsistency demonstrates the ebb and flow of Ethereum’s market value.

By August, Ethereum had dropped significantly by 22.2%, emphasizing that while the cryptocurrency offers opportunities for high rewards, it also comes with considerable risks. For those investing in Ethereum, understanding these market shifts is crucial for informed decision-making.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Mastercard has introduced a euro-denominated debit card that enables cryptocurrency spending from self-custodial wallets at over 100 million merchants globally. This initiative strengthens the bridge between traditional financial systems and cryptocurrency by partnering with European crypto payments firm Mercuryo. Users can now directly spend digital assets like Bitcoin without first transferring them to a centralized exchange.

The launch follows Mastercard’s recent efforts to enhance self-custody solutions, highlighted by collaborations such as the pilot program with MetaMask and the introduction of the “Mastercard Crypto Credential” for blockchain-friendly transactions. These advances emphasize user autonomy in managing their crypto assets, aiming to simplify and secure the intersection of blockchain technology and everyday financial activities.

Mastercard’s commitment to fostering seamless integration between blockchain and conventional payment methods marks a significant step towards widespread crypto adoption. By allowing direct transactions at a vast network of outlets, Mastercard is set to significantly boost the practical use of cryptocurrencies in daily commerce.