Good morning all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Brazil Parliament to hold first hearing on national BTC reserve on August 20th.
→ Indonesia explores adding BTC to its national reserves.
→ El Salvador bought more BTC today for their strategic reserve.
→ Bitcoin Hashrate hits a new all-time high.
→ White House prepares executive order to fine banks that discriminate against crypto companies and conservatives.
→ Public traded Capital B buys another 62 BTC worth $7 million.
→ President Trump says 4 people are being considered to replace Jerome Powell as Federal Reserve Chair.
→ $3 trillion Goldman Sachs expects the Federal Reserve to begin cutting interest rates in September.
→ Trump says he’s raising the tariff on India very substantially over the next 24 hours.
→ Coinbase plans to raise $2,000,000,000 through convertible notes.
→ Coinbase enables PayPal integration for Canadian users to buy and sell crypto.
📊 Altcoin Market Updates 📊
→ $PENGU trading now live on Robinhood.
→ BDACS, a regulated institutional-grade digital asset custodian in South Korea, will now offer custody support for $XRP.
→ $BACHI price rallies 25% in the past 24 hours, closing in on new all-time high after signing contract with Top 10 exchange.
→ SEC declares crypto liquid staking activities are not considered securities.
→ Crypto Punk #1021 sold for 720 ETH ($2.58M).
→ BAGS flips Pumpfun in 24h launchpad revenue.
→ Base stopped producing blocks.
→ Kraken Chief Security Officer warns that there is a phishing scam targeting crypto users, impersonating Kraken.
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