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Crypto Industry To Meet With White House Officials, Even As Trump Promises To Reverse Biden Administration's Crackdown On Bitcoin, Ethereum And Other Cryptocurrencies

Cryptocurrency industry executives are expected to meet White House officials and Representative Ro Khanna (D-Calif.) to voice their concerns and discuss potential policy changes around digital assets. What Happened: After a roundtable in July, crypto executives are reportedly going to meet with Biden administration officials for the second time, reported Bloomberg, citing a person familiar with the matter. Don’t Miss: According to Cathie Wood, holding 6 Ethereum (ETH) could make you a millionai

Crypto Industry To Meet With White House Officials, Even As Trump Promises To Reverse Biden Administration's Crackdown On Bitcoin, Ethereum And Other Cryptocurrencies

Cryptocurrency industry executives are expected to meet White House officials and Representative Ro Khanna (D-Calif.) to voice their concerns and discuss potential policy changes around digital assets. What Happened: After a roundtable in July, crypto executives are reportedly going to meet with Biden administration officials for the second time, reported Bloomberg, citing a person familiar with the matter. Don’t Miss: According to Cathie Wood, holding 6 Ethereum (ETH) could make you a millionai

This Week on Crypto Twitter: Trump Keeps Beating Bitcoin Drum as Markets Melt Down

Illustration by Mitchell Preffer for Decrypt Although Bitcoiners were likely hoping to take a victory lap after Donald Trump's speech at Bitcoin Nashville last weekend, it turned out to be a dim week for the top cryptocurrency, finishing the week down more than 10% and dipping below $60,000 on Saturday amid heaps of liquidations and growing fears of a U.S. recession. Meanwhile, Crypto Twitter continued to argue over whether the former president's embrace of crypto was meaningful, or merely pande...

Solana DeFi Trading Volume Tops Ethereum for the First Time in July—Here's Why

Decentralized exchanges (DEXs) built on the Solana network overtook those built on longtime reigning decentralized finance (DeFi) king Ethereum in trading volume across the month of July—the first time that's happened to date. According to DeFiLlama data for DEX volumes by blockchain, Solana outpaced Ethereum in terms of overall trading volume for the month, and won out on the daily front on 17 total days last month. Solana-based protocols were responsible for 30% of all crypto DEX volume in Jul...