Morning Bulletin - 25.07.2024

Senator Cynthia Lummis plans to introduce a bill requiring the Fed to hold Bitcoin as a strategic reserve asset.

Kamala Harris announced that she will not attend the Bitcoin 2024 event. It was stated that Harris, who will not take part in this event, has other priorities in her schedule. Harris' absence has led to speculation in the cryptocurrency community.

At the time of writing, Bitcoin (BTC) is trading at $64,130 and Ethereum (ETH) is trading at $3,180.

The fear and greed index is neutral at “59”.

Important developments for the day:

AltLayer (ALT): 684 million tokens will be unlocked.

Alchemy Pay (ACH): “Ask for anything” event will take place.

General Market Efficiency: US unemployment benefits and gross domestic product data will be released.