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Pick Your CBDC: WorldCoin or XRP | Bitcoin For President?

WorldCoin and XRP are racing to be the largest CBDC. Are Bitcoiners Winning 2024?

OpenAI's Sam Altman launches Worldcoin crypto project

Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday.

www.reuters.com/technology/openais-sam-altman-launches-worldcoin-crypto-project-2023-07-24

The project has 2 million users from its beta period, and with Monday's launch, Worldcoin is scaling up "orbing" operations to 35 cities in 20 countries. As an enticement, those who sign up in certain countries will receive Worldcoin's cryptocurrency token WLD.

WLD's price rose in early trading on Monday. On the world's largest exchange, Binance, it hit a peak of $5.29 and at 1000 GMT was at $2.49 from a starting price of $0.15, having seen $25.1 million of trading volume, according to Binance's website.

JPMorgan and Wells Fargo to Use Ripple (XRP) Partner's FedNow

JPMorgan and Wells Fargo are among the member banks that will utilize Ripple's partners FedNow; an instant payment system.

www.crypto-news-flash.com/jpmorgan-and-wells-fargo-to-use-ripple-xrp-partners-fednow-service-for-instant-payments-in-the-us

“Furthermore, FedNow is said to offer a framework for the forthcoming launch of a CBDC which is in no way good news for the crypto industry. But with Ripple having worked on a CBDC platform that can help governments launch their own CBDCs, this could drive adoption from governments, central banks, and financial institutions to issue digital currencies using Ripple’s technology.”

Bitcoin Is on the Ballot in 2024

A series of bitcoin-related statements and policy announcements show how politicians are paying greater attention to crypto this campaign season. Crypto-skeptics, in particular, should pay attention lest they come across as anti-innovation. This story is part of CoinDesk's Mining Week 2023.

www.coindesk.com/consensus-magazine/2023/07/25/bitcoin-is-on-the-ballot-in-2024

In a sense, the anti-Bitcoin and anti-crypto rhetoric espoused by some in Washington DC has unwittingly created an ardent and oppositional voting bloc where one had not previously existed. Like any industry or community, Bitcoin and crypto supporters are diverse and varied in personal experience and political outlook. But anti-innovation policies continue to be viewed with mistrust by a growing pro-crypto cohort of Democrats, independents and Republicans who are willing to be single-issue voters if they feel that their livelihoods, investments, and ideological beliefs are in jeopardy.

How Do We Create Florida 2.0?

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In The Know

Florida Blockchain Business Association Launches Committee On Financial Regulation to Further Foster a Startup-Friendly Environment – FBBA

The committee’s mission is to foster a conducive environment for startups and position Florida as a hub for innovation in the financial sector. Amidst the national regulatory uncertainty, the committee aims to ensure that Florida stands out as a state where the laws are clear, fair, and designed to protect the community.

www.fbba.io/florida-blockchain-business-association-launches-committee-on-financial-regulation-to-further-foster-a-startup-friendly-environment

Ramping Up: As Bitcoin Turns Bullish, Crypto Banking Giant BCB Lays Groundwork For Deluge Of USD Payments

The failure of Silvergate and Signature Bank created a clear opening for BCB, which operates behind-the-scenes payments infrastructure for millions of crypto enthusiasts.

www.forbes.com/sites/martinrivers/2023/07/24/ramping-up-as-bitcoin-turns-bullish-crypto-banking-giant-bcb-lays-groundwork-for-deluge-of-usd-payments/?sh=4464cdfa76f6

The Single Most Important Truth About Bitcoin Mining, Energy and the Environment

Proof-of-work mining will help to decarbonize the grid and lower the cost of energy production, Reed College professor and Bitcoin Policy Institute fellow Troy Cross writes.

www.coindesk.com/consensus-magazine/2023/07/24/the-single-most-important-truth-about-bitcoin-mining-energy-and-the-environment

A 💰Bitcoin whale wallet that has been dormant for 11 years just moved $37.8M worth of #Bitcoin

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