1. Bitcoin mining difficulty increased by 10.5% to 90.67T, reaching a new all-time high. 2. Report: Global cryptocurrency trading volume is expected to reach this year

JIN10
2024.08.01 02:52
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Bitcoin mining difficulty has increased by 10.5% to 90.67T, reaching a historical high. This year, the global cryptocurrency trading volume is expected to exceed $108 trillion. The Bitcoin market lacks optimism. There are risks and challenges in the global stablecoin market. The official Trump store accepts Bitcoin payments. A Japanese crypto organization has requested virtual currency tax reforms. Investors are planning to increase their digital asset allocations. Mt.Gox repays Bitcoin and Bitcoin Cash through cryptocurrency exchanges

  1. Bitcoin mining difficulty has increased by 10.5% to 90.67T, reaching a historical high.

  2. Report: Global cryptocurrency trading volume is expected to exceed $108 trillion this year.

  3. Bitwise CIO: Despite continuous public support for Bitcoin from political figures, market optimism towards Bitcoin remains insufficient.

  4. Ecoinometrics: In the long run, continued accumulation of spot Bitcoin ETF is a positive sign.

  5. Economic Daily: Risks and challenges coexist in the global stablecoin market.

  6. The Bank for International Settlements and the Bank of England plan to regulate stablecoin assets on their balance sheets.

  7. The official Trump store accepts Bitcoin payments for a variety of products, including over a dozen shoes and perfumes.

  8. OKG Research: Expectations of a Fed rate cut are rising, which could bring a key positive for the crypto market liquidity.

  9. Multiple cryptocurrency organizations in Japan have submitted requests for virtual currency tax reform in 2025 to the government.

  10. NVIDIA's implied volatility in the past 30 days has exceeded that of Bitcoin and Ethereum.

  11. Report: 54% of institutional investors and 64% of retail investors plan to increase their allocation to digital assets.

  12. Mt.Gox: The trustee made repayments in Bitcoin and Bitcoin Cash through designated cryptocurrency exchanges on July 31st

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