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👨🔧 Elon Musk promised to create his own political party called the "Party of America." And right after that, the crypto market was flooded with memecoins featuring the new party's symbols. 🗽 The America Party (AP) meme token launched on Solana has grown more than 150% in just a few hours, reaching a market cap of $10 million. 🏛️ After US President Donald Trump signed a beautiful bill on Independence Day, Elon Musk promised to create his own political party called the "Party of America." 🐸 And right after that, the crypto market was flooded with memecoins featuring the new. Solana-based Party is one of five "American party" meme coins gaining popularity after Musk's statements. 🗽 The surge in interest in patriotic-themed tokens coincided with US Independence Day, which further fueled interest in them. Elon Musk has been vocal about his plans to create an America's Party ever since he broke ties with Donald Trump over policy differences and resigned from the Department of Government Efficiency (DOGE). #MemecoinSentiment
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🗽 US Democratic Party representatives led by Maxine Waters and Stephen Lynch have declared next week “Anti-Crypto Corruption Week” in order to block the crypto bills GENIUS, CLARITY, and the anti-CBDC bill. Maxine Waters is convinced that these bills will make Congress complicit in Trump’s unprecedented crypto scam. She claims that Trump’s goal is to enrich himself personally, as well as his entire family and the billionaires in his cabinet at the expense of investors. In addition, these bills “serve as a blatant endorsement of a blatant abuse of power.” 📑 According to her information, Trump has already made $1.2 billion on digital assets. They are concerned that these documents will pave the way for what they call Donald Trump’s crypto corruption. According to Waters, these bills lack much-needed consumer protections and national security measures. 🪙 "Crypto Corruption Awareness Week" is being announced in opposition to "Crypto Week" announced by House Republicans. The Republicans' passage of these laws will further jeopardize our financial stability, national security, and consumer protections," Waters said. #USCryptoWeek
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CryptoQuant stated that the key factor in the sharp growth was the emergence of a large buyer on the Binance cryptocurrency exchange. Until this point, the main role in the price movement was played by US traders on Coinbase. Analysts emphasized that the purchase occurred synchronously with the breakout of the historical maximum, which may indicate the intention of institutional investors to continue accumulation. "This trend of decreasing the number of coins on exchanges indicates a decrease in the risk of sudden market collapses and that long-term investors increasingly prefer to keep assets in their own wallets," Santiment noted. 🧑🏫 Santiment experts commented on the situation on July 10, when Bitcoin exceeded $ 113,000. According to them, even after growth of more than 13% from the local minimum on June 22, traders are in no hurry to withdraw the asset from the exchange. ❗They added that the number of bitcoins on centralized platforms continues to decline: over the past four months alone, more than 315,000 BTC have been withdrawn. Compared to July 2020, the figure decreased by 1.88 million BTC, or 61%. $BTC
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💸 For the first time in a long time, the government of Bhutan made a large transfer of bitcoins - about 213.31 BTC, which at the current rate is almost $ 23.7 million. The transfer was made to the Binance platform a few hours after the value of the first cryptocurrency jumped above $ 113,500. 🤔 It is not yet clear what exactly the country was pursuing by sending such an amount to one of the largest exchanges. However, experts suggest that such actions are often a harbinger of the sale of digital assets. At the moment, Bhutan continues to store significant reserves of cryptocurrency - 11,711 BTC (about $ 1.38 billion), which corresponds to about 40% of the country's annual GDP. In addition to bitcoin, the treasury has 656 ETH. 🏦 The state investment fund Druk Holding & Investments is engaged in the management of digital assets. The peculiarity of Bhutan is that it does not just receive cryptocurrency as a result of law enforcement measures, but mines it itself. For mining, authorities use excess electricity produced at hydroelectric power plants. 🎁 Prizes and gifts here $BTC
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➡️ Gifts are here ⬅️ 🪙 Cryptocurrency exchange Binance is celebrating eight years since its founding. The company representatives said that this anniversary reflects the collective influence of the global community, which continues to push cryptocurrencies towards mass adoption and shape the future of digital finance. 🤗 According to the team, Binance helps people explore, trade, learn, and engage with the crypto universe - providing a wide range of opportunities: from innovative financial instruments and payment solutions to education, research, social initiatives, and Web3 experiences. 📈 Since its inception, Binance's user base has grown to 280 million people in more than 100 countries. About a million new users join the platform every week, which indicates a rapid growth in interest in digital assets, the company noted. 🆕🆒🆓 Prizes and gifts are here ⬅️ 🎆🎉🎇🥳 #BinanceTurns8
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