- Wealthcamp
- Posts
- Can the US become the "crypto capital of the planet?"
Can the US become the "crypto capital of the planet?"
Trump plants flag on future of crypto while Harris remains indecisive

August 29 saw another splash in the developing crypto-political landscape of the 2024 US Election as former President Donald Trump declared his ambitious vision to crown the United States as the ‘crypto capital of the planet.’
In a post on his official X account, Trump teased a new strategy with a 17-second video, cryptically showcasing involvement from World Liberty Financial, a DeFi project fervently endorsed by his sons. With Trump’s notable flip from previously bashing Bitcoin to now embracing digital assets, his continued progression deeper into the crypto embrace amplifies scrutiny of Kamala Harris’ indecisive engagement with the sector. Let's dive in!

Donald Trump revealed intentions to position the US as a global crypto hub, tagging a DeFi project promoted by his sons. — Read More
Major cryptocurrencies rally as US economic data show slowing inflation and a stronger Q2 economy. — Read More
Soneium joins forces with Transak to simplify onboarding to its new Ethereum layer 2 blockchain. — Read More
Crypto.com and Standard Chartered launch retail services for deposits and withdrawals in over 90 countries, leveraging Dubai's regulatory framework. — Read More
JPMorgan executive sees big future for India's CBDC initiative. — Read More
Alchemy snaps up Romania's Bware Labs to bolster its Web3 infrastructure services. — Read More
Naver's new crypto wallet will give 33 million users access to digital assets, in collaboration with Chiliz. — Read More
Polkadot partners with Inter Miami CF for significant brand exposure, featuring its logo on the team's training kits. — Read More



Swan Bitcoin and Equity Trust to Enhance Bitcoin IRAs
Swan Bitcoin partners with Equity Trust to offer new Bitcoin IRA options, expanding retirement portfolio possibilities.
NCR LibertyX ATMs Convert Bitcoin to Cash in 30 States
LibertyX ATMs now allow Bitcoin to be converted to cash across 30 states using Atleos technology.
Bitcoin Mining Firms Turn to Hashrate Contracts Amid Rising Costs
Loka Mining's CEO suggests using forward hashrate contracts to tackle the financial strain from Bitcoin halving.
Bukele Discusses Bitcoin Adoption in El Salvador
El Salvador's President Bukele calls Bitcoin adoption a 'net positive' despite slower-than-expected uptake.
Crypto and Data Centers: A Vision for the Future
Crypto and data center integration offers a sustainable path forward, combining blockchain with innovative business models like heat reuse.
Genesis Digital Expands Texas Bitcoin Mining Operations
Genesis Digital Assets to expand its Texas data center to 400 megawatts, leveraging renewable energy.
Bitcoin Power Law Theory Should Be Abandoned
Bitcoin Power Law Theory fails by misapplying physical system assumptions to predict Bitcoin's value.
TeleportDAO Adds Decentralized WBTC to BTC Swapping on TeleSwap
TeleportDAO launches decentralized WBTC to BTC swaps on TeleSwap, addressing centralized control concerns.

Cboe Refiles to List Bitcoin, Ethereum Options in US
Cboe resubmits applications to offer Bitcoin and Ethereum options on US exchanges, targeting ETFs from major issuers.
Ethereum Faces Key Resistance at $2,600
Ethereum struggles to surpass the $2,600 resistance level and risks a potential decline.
Crypto Exchanges Alter Liquidation Data Reporting
K33 Research reveals crypto exchanges like Binance and Bybit distort liquidation data, impacting market transparency.
Ethereum ETFs End 9-Day Outflow Streak
Ethereum ETFs end 9-day outflow streak as Grayscale exits decline.
Whales Accumulate Ripple, Intel Markets, and Ethereum
Whales are stockpiling Ripple, Intel Markets, and Ethereum, predicting explosive market growth.

Luke Martin Signals Prime Altcoin Accumulation Phase
Crypto trader Luke Martin suggests altcoin market might be in prime accumulation phase based on historical buy signals.
PolitiFi Coins Soar 782% in 2024
PolitiFi coins surged 782% in 2024, outpacing meme coins' average gains of 90.2%.
Bloomberg Integrates Polymarket Election Odds into Terminal
Bloomberg adds Polymarket election odds to its Terminal, recognizing prediction markets as essential tools.
APES Crypto Soars 80% in a Day
APES crypto has surged 80% in the last 24 hours, driven by GameFi-linked hype and strong Telegram ecosystem backing.
Whales Dump $PEPE as Pepe Unchained Soars
Pepe Unchained ($PEPU) raises over $11M in presale, while whales offload 1.16 trillion $PEPE.

HKMA Launches Sandbox for CBDC Project Ensemble
HKMA introduces Project Ensemble sandbox to boost tokenization, focusing on four key financial areas.
The @realio_network is changing the Real World Assets (RWA) industry by turning physical and financial assets, like real estate, into digital tokens on the blockchain. This makes these assets easier to access, buy, and sell.
Why $RIO matters:
• Liquidity: Tokenizing assets… x.com/i/web/status/1…
— Erwin (@CryptoErwinNL)
11:10 AM • Aug 30, 2024

OpenAI and Anthropic Cooperate with US AI Safety Institute
OpenAI and Anthropic sign agreements with the U.S. AI Safety Institute to allow pre-release model assessments.
AI Crypto Tokens Plummet Despite Nvidia's Strong Earnings
AI crypto tokens fell sharply after Nvidia's robust Q2 earnings report.
Bringing DePIN, AI & IP to Singapore!
This September in Singapore, get ready to dive into the future of blockchain at our exclusive side event during @token2049, the world’s biggest crypto gathering 🔥
Let’s see how we turn up the heat, more information will be revealed soon!
— U2U Network (@uniultra_xyz)
8:24 AM • Aug 30, 2024

Elon Musk-themed Game to Burn Coins of Inactive Users Ahead of Airdrop
X Empire to purge coins from inactive users before airdrop.
Double Jump.Tokyo Raises $10M from SBI and Sony
Double Jump.Tokyo secures over $10 million in funding from SBI and Sony Group.
Expert Predicts Shiba Shootout as Next Major P2E Crypto Game
Crypto experts predict Shiba Shootout will see price gains and potentially create millionaires.
OKX To List Hamster Kombat’s $HMSTR Token
OKX will list Telegram mini-app game Hamster Kombat’s $HMSTR token on Sept. 26, coinciding with an airdrop event.
Oasys and SBI Holdings Team Up to Boost Blockchain Gaming in Japan
Oasys partners with SBI Holdings to accelerate blockchain gaming growth in Japan, enhancing ecosystem funding and token liquidity.

Mt. Gox and US Gov’t Could Add $15B Bitcoin Selling Pressure
Bitcoin’s crabwalk could extend into September as Mt. Gox and the US government threaten to add nearly $15 billion worth of additional selling pressure.
Macron Denies Inviting Telegram CEO Amid Controversy
French President denies inviting Telegram's CEO, who faces serious charges, and defends granting him citizenship. Durov was allegedly unaware of his arrest warrant in France.
Crypto-Focused Custodia Bank Cuts Workforce Amid Regulatory Challenges
Custodia Bank reduces staff due to strict crypto regulations from the Biden administration.
Trump Flipped Script on Bitcoin for 2024 Election
Find out how Donald Trump shifted from Bitcoin critic to pro-crypto candidate, eyeing another presidential term.
Feixiaohao Faces Investigation by Chinese Authorities
China’s leading cryptocurrency data platform Feixiaohao is reportedly under investigation with key team members detained.
Australia's Crypto ATM Boom: 16-Fold Surge in Two Years
Australia's crypto ATMs have grown from 73 to nearly 1,200 in two years, making it the fastest-growing market for Bitcoin ATMs and sparking debate over their impact and risks.
Russia to Trial Cross-Border Crypto Payments in 2024
Russia plans to trial cross-border crypto payments starting September 1, 2024, to bypass international sanctions.
#MtGox and the U.S. government could introduce nearly $15 billion worth of Bitcoin selling pressure, potentially affecting the market.
Despite this, Mt. Gox repayments may not significantly impact market structure, as past distributions saw minimal selling. #Bitcoin remains… x.com/i/web/status/1…
— TOBTC (@_TOBTC)
11:55 AM • Aug 30, 2024