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Bitcoin Boom: $2B Inflows, Soaring Fees & Trump's Crypto Presidency | The Runway
In this episode of The Runway, we cover the latest exciting developments in the world of crypto, web3 and tech. Bitcoin sees a whopping $2 billion in institutional inflows, absorbing months worth of mining supply. Ethereum experiences its highest level of institutional buying since March. Transaction fees on the Bitcoin network temporarily soar to nearly $52, signaling strong demand for block space. We break down what this means for the future of Bitcoin.
Additionally, we discuss a Senate bill that could open crypto to US sanctions, Trump's promise to become the "crypto president" in his 2024 campaign, the concerning state of CBDCs, and much more.
We also dive into thought-provoking topics like the societal impacts of fiat currency inflation, the revolutionary potential of Bitcoin and related technologies, the importance of dollar-cost averaging when investing, and why a DCA feature on Uniswap would be game-changing for everyday users.
Whether you're a crypto veteran or just getting your feet wet, this jam-packed episode has critical insights you won't want to miss. Tune in now and never stop learning!
For more BTC and Web 3 news👇
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Blog site: ConsensusProtocol.org/blog
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All Our Current Work: ConsensusProtocol.org/blog
Disclaimer:
The content provided in this video is for informational and educational purposes only and is not intended as financial or investment advice. The views expressed in this video are those of the hosts and guests and do not necessarily reflect the position of The Runway. Viewers are advised to conduct their own research and due diligence or consult a professional financial advisor before making any investment decisions.
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