Bitcoins 101 https://bitcoins-101.com Crypto n Bitcoin Latest News Thu, 20 Jun 2024 21:02:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.4 https://i0.wp.com/bitcoins-101.com/wp-content/uploads/2023/04/cropped-Bitcoins-101-1-1.png?fit=32%2C32&ssl=1 Bitcoins 101 https://bitcoins-101.com 32 32 206161604 Winklevoss Twins Donate $2 Million in Bitcoin to Donald Trump https://bitcoins-101.com/2024/06/20/winklevoss-twins-donate-2-million-in-bitcoin-to-donald-trump/ https://bitcoins-101.com/2024/06/20/winklevoss-twins-donate-2-million-in-bitcoin-to-donald-trump/#respond Thu, 20 Jun 2024 21:02:23 +0000 https://bitcoins-101.com/2024/06/20/winklevoss-twins-donate-2-million-in-bitcoin-to-donald-trump/ Tyler and Cameron Winklevoss, co-founders of cryptocurrency exchange Gemini, have donated 30.94 Bitcoin, valued at over $2 million, to former President Donald Trump’s campaign. Both Cameron and Tyler Winklevoss announced on their X accounts that they contributed 15.47 BTC ($1 million) each to Trump to “put an end to the Biden Administration’s war on crypto,” Cameron stated, stemming from the twins’ discontent with the Biden Administration’s stance on cryptocurrency regulation.

JUST IN: Winklevoss twins donated 30.94 #Bitcoin worth over $2 million to Donald Trump to “put an end to the Biden Admin’s war on crypto.” 🇺🇸 pic.twitter.com/cHD2ENnqZM

— Bitcoin Magazine (@BitcoinMagazine) June 20, 2024

Tyler Winklevoss criticized the Biden Administration for its hostile approach towards the crypto industry, accusing it of weaponizing government agencies to stifle innovation and target crypto companies. “The Biden Administration has consistently attacked American business across the board and villainized its greatest heroes,” he stated. He then further highlighted the administration’s actions, including “Operation Choke Point 2.0,” where federal agencies allegedly pressured banks to avoid crypto businesses. Tyler argued that these tactics are detrimental to the American economy and innovation.

“I also just donated $1 million in bitcoin (15.47 BTC) to Donald Trump and will be voting for him in November. Here’s the TL;DR — President Trump is: 

– Pro-Bitcoin 

– Pro-Crypto 

– Pro-Business,” Cameron stated.

Tyler also lambasted the Securities and Exchange Commission (SEC) for not establishing clear regulations for cryptocurrencies, instead opting to apply outdated laws. He contended that the SEC’s approach hampers the utility and growth of digital assets.

The Winklevoss twins believe that Trump’s pro-Bitcoin and pro-business stance is crucial for the future of the crypto industry in the country. Tyler emphasized the need for a political shift to prevent further harm to the industry and to restore an environment conducive to innovation and economic growth.

“President Donald J. Trump is the pro-Bitcoin, pro-crypto, and pro-business choice. This is not even remotely open for debate. Anyone who tells you otherwise is severely misinformed, delusional, or not telling the truth,” Tyler concluded. “It’s time to take our country back. It’s time for the crypto army to send a message to Washington. That attacking us is political suicide. This is why I will be casting my vote for President Trump in November and I hope you will too. Onward!”

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HectorDAO files for Chapter 15 bankruptcy in the US https://bitcoins-101.com/2024/06/20/hectordao-files-for-chapter-15-bankruptcy-in-the-us/ https://bitcoins-101.com/2024/06/20/hectordao-files-for-chapter-15-bankruptcy-in-the-us/#respond Thu, 20 Jun 2024 21:02:23 +0000 https://bitcoins-101.com/2024/06/20/hectordao-files-for-chapter-15-bankruptcy-in-the-us/ The decentralized autonomous organization was first impacted by the collapse of the Terra ecosystem in 2022 and suffered $16.4 million in losses.

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Nonprofit criticizes Tether in multimillion-dollar ad campaign https://bitcoins-101.com/2024/06/20/nonprofit-criticizes-tether-in-multimillion-dollar-ad-campaign/ https://bitcoins-101.com/2024/06/20/nonprofit-criticizes-tether-in-multimillion-dollar-ad-campaign/#respond Thu, 20 Jun 2024 20:02:32 +0000 https://bitcoins-101.com/2024/06/20/nonprofit-criticizes-tether-in-multimillion-dollar-ad-campaign/ Consumers’ Protection will bring negative aspects of Tether to consumer attention with billboards and TV ads.

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Ethereum options data highlights bears’ plan to keep ETH price under $3.6K https://bitcoins-101.com/2024/06/20/ethereum-options-data-highlights-bears-plan-to-keep-eth-price-under-3-6k/ https://bitcoins-101.com/2024/06/20/ethereum-options-data-highlights-bears-plan-to-keep-eth-price-under-3-6k/#respond Thu, 20 Jun 2024 20:02:32 +0000 https://bitcoins-101.com/2024/06/20/ethereum-options-data-highlights-bears-plan-to-keep-eth-price-under-3-6k/ $4 billion worth of Ethereum options are set to expire on June 28, with the balance of forces centered around $3,500.

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Bitcoin’s days below $70K are numbered as traders cite BTC’s swing low as the bottom https://bitcoins-101.com/2024/06/20/bitcoins-days-below-70k-are-numbered-as-traders-cite-btcs-swing-low-as-the-bottom/ https://bitcoins-101.com/2024/06/20/bitcoins-days-below-70k-are-numbered-as-traders-cite-btcs-swing-low-as-the-bottom/#respond Thu, 20 Jun 2024 18:12:51 +0000 https://bitcoins-101.com/2024/06/20/bitcoins-days-below-70k-are-numbered-as-traders-cite-btcs-swing-low-as-the-bottom/ A bullish chart pattern has bulls setting $72,000 as the new Bitcoin price target.

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Italian gov't to ramp up surveillance of crypto market https://bitcoins-101.com/2024/06/20/italian-govt-to-ramp-up-surveillance-of-crypto-market/ https://bitcoins-101.com/2024/06/20/italian-govt-to-ramp-up-surveillance-of-crypto-market/#respond Thu, 20 Jun 2024 18:12:51 +0000 https://bitcoins-101.com/2024/06/20/italian-govt-to-ramp-up-surveillance-of-crypto-market/ The latest draft policy stipulated fines between 5,000 – 5 million euros ($5,400-$5.4 million) for market manipulation and other financial crimes.

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Why did Fetch and SingularityNET AI-tokens just surge 30%? https://bitcoins-101.com/2024/06/20/why-did-fetch-and-singularitynet-ai-tokens-just-surge-30/ https://bitcoins-101.com/2024/06/20/why-did-fetch-and-singularitynet-ai-tokens-just-surge-30/#respond Thu, 20 Jun 2024 17:03:43 +0000 https://bitcoins-101.com/2024/06/20/why-did-fetch-and-singularitynet-ai-tokens-just-surge-30/ Both AI-tokens Fetch and SingularityNET staged a strong price recovery after a three-month downtrend.

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Failed House candidate and partner of ex-FTX exec starts crypto think tank https://bitcoins-101.com/2024/06/20/failed-house-candidate-and-partner-of-ex-ftx-exec-starts-crypto-think-tank/ https://bitcoins-101.com/2024/06/20/failed-house-candidate-and-partner-of-ex-ftx-exec-starts-crypto-think-tank/#respond Thu, 20 Jun 2024 17:03:43 +0000 https://bitcoins-101.com/2024/06/20/failed-house-candidate-and-partner-of-ex-ftx-exec-starts-crypto-think-tank/ Contributions to Michelle Bond’s 2022 congressional campaign were part of a criminal investigation into her partner, Ryan Salame.

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‘Rock star complex’ saw Tyler Did It round trip 1K ETH: NFT Collector  https://bitcoins-101.com/2024/06/20/rock-star-complex-saw-tyler-did-it-round-trip-1k-eth-nft-collector/ https://bitcoins-101.com/2024/06/20/rock-star-complex-saw-tyler-did-it-round-trip-1k-eth-nft-collector/#respond Thu, 20 Jun 2024 16:01:22 +0000 https://bitcoins-101.com/2024/06/20/rock-star-complex-saw-tyler-did-it-round-trip-1k-eth-nft-collector/ Tyler Warner (Tyler Did It) convinced himself he was a rock star trader in the bull market but failed to hold on to his gains: NFT Collector.

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Mirror World CEO shares insights on building a Solana game engine after securing $12M raise https://bitcoins-101.com/2024/06/20/mirror-world-ceo-shares-insights-on-building-a-solana-game-engine-after-securing-12m-raise/ https://bitcoins-101.com/2024/06/20/mirror-world-ceo-shares-insights-on-building-a-solana-game-engine-after-securing-12m-raise/#respond Thu, 20 Jun 2024 16:01:22 +0000 https://bitcoins-101.com/2024/06/20/mirror-world-ceo-shares-insights-on-building-a-solana-game-engine-after-securing-12m-raise/ The firm currently develops Solana’s only SDK designed to onboard GameFi developers to the blockchain.

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