Bitcoin & Ethereum at a glance.

Making headlines.

Trump Backs Bitcoin Miners: Push for Crypto ‘Made in the USA’

Donald Trump recently hosted Bitcoin mining industry leaders at his Mar-a-Lago residence, signaling strong support for the sector. He emphasized the importance of Bitcoin being "Made in the USA" to bolster the nation's energy independence and job creation.

This meeting included executives from major firms like Riot Platforms and CleanSpark. While Trump's stance contrasts sharply with President Biden's proposed 30% electricity tax on miners, it highlights a significant shift in political support for the crypto industry.

For more details, check out the full article on Cointelegraph.​

Apple’s AI Reveal at WWDC 2024: A Crypto Crash Aftershock.

Apple’s recent AI reveal at WWDC 2024 was a major letdown, and it’s had a surprising ripple effect on the crypto market. Many were expecting cutting-edge advancements, but what was delivered fell short of the hype. The disappointment wasn’t just felt in the tech community; it hit the crypto market hard, causing a significant downturn.

For Gen Z, who are heavily invested in both tech and crypto, this news is a double blow. Apple's reputation for innovation took a hit, and with it, confidence in tech-driven crypto projects. The lackluster AI announcement led to a sharp decline in crypto values, showing just how interconnected these industries have become. This event underscores the importance of staying informed and adaptable in a fast-paced digital world where one major tech disappointment can send shockwaves through your investments. More here.

Data: Numbers don’t lie.

Anyone with a lifeline in crypto knows that data is source of all the things! The Consumer Cryptocurrency Report 2024, commissioned by Coinbase, shines a light on the booming world of digital currencies and how they're becoming a key part of everyday life. The report reveals how crypto is evolving from a tech geek niche to a solid investment option. It's not just about Bitcoin; there are diverse opportunities for secure and profitable investments that can enhance financial stability.

Particularly, this report will resonate with Gen Z, who are essentially leading the charge in crypto adoption. Many young people are seeing digital assets as a smart way to build wealth and take control of their financial future. A quick snapshot suggests:

• Almost two-thirds (67%) of those with cryptocurrency trade at least once a month.

• This suggests a deep engagement in the market either through passive long-term strategies like dollar cost averaging (DCA) or shorter-term active trading.

• Both strategies are popular with 37% of crypto owners hoping to gain long-term appreciation or profit and 29% looking for short-term profits.

The study outlines the growing confidence in crypto as a legitimate and long-term investment, providing a clear picture of how both new and seasoned investors can benefit from this dynamic market. Whether you’re wiring a house or planning your next big project, the future of finance is digital, and this report shows why it’s time to get involved.

More really good articles.

6 memes in 12 seconds.

In another episode of ‘What the crypto’?

Gettin’ Jiggy With Iggy.

Australian model and singer Iggy Azalea is just one celebrity cashing in on the meme coin frenzy, but she’s one of the most successful. Last week no less a publication than Fortune reported the Grammy nominee’s Mother Iggy coin had soared by 1,200% in just one week, and is now worth a cool $200 million.

Additionally, Mother Iggy token holders may soon use the cryptocurrency to purchase phones and monthly cell plans from the singer’s telecommunications company. More meme coin madness here.