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No BTC strategic reserve announcement from Sen. Lummis — Bitcoin 2024

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US Senator Lummis recently authored a report highlighting the benefit of the Bitcoin mining industry and denouncing Biden’s proposed 30% tax.

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Coin Market

Judge rejects new trial for former FTX CEO Sam Bankman-Fried

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A federal judge slammed Sam Bankman-Fried’s request for a new trial as seemingly “a plan to rescue his reputation,” denying the former FTX boss’s request.

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Bitcoin rally falters as AI industry weakens and CLARITY Act approval odds fall

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Bitcoin’s dip below $76,000 was driven by an AI sector sell-off and investors’ worries about slowed progress in the CLARITY Act negotiations.

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RedStone launches settlement layer to address RWA liquidity gap in DeFi lending

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A new system targets the mismatch between fast DeFi liquidations and slow asset redemptions, a key barrier to the use of tokenized assets in lending markets.

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