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Cointime July 7th News Express

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  • Biden speaks out on withdrawing from 2024 US presidential election

    On the 24th local time, US President Biden gave a speech in the Oval Office of the White House, explaining the reasons for his withdrawal from the 2024 presidential election. On July 21st local time, US President Biden announced his withdrawal from the 2024 presidential election. In a letter posted on his personal social media that day, Biden said that he had intended to seek re-election, but for the best interests of the Democratic Party and the United States, he decided to withdraw from the presidential race and focus on fulfilling his presidential duties during his term.
  • US Congressman: Taxing Bitcoin Miners Would Be Bad for America

    US Senator Cynthia Lummis stated that taxing Bitcoin miners would be detrimental to the United States. "The Biden administration's dangerous plan to tax Bitcoin miners is a blatant attack on innovation."
  • Biden makes first public appearance since announcing his withdrawal from the race

    On July 24th, it was reported that Joe Biden made his first public appearance since July 17th, which was also his first public appearance since dropping out of the presidential race. During the event, Biden did not respond to questions from reporters regarding the election or his health. Prior to this, it was announced that Biden would deliver a national address at 8pm EST on Wednesday (8am Beijing time on Thursday).
  • U.S. House Speaker calls on Biden to resign "immediately"

    After Biden announced his withdrawal from the election, Republican House Speaker Johnson called on Biden to resign "immediately". Johnson said in a statement, "If Biden is not suitable to run for president, he is not suitable to be president. He must immediately resign from the presidency." Johnson said that more than 14 million Americans chose Biden as the Democratic presidential candidate, but the party that called itself "Democratic" announced that their votes were invalid. As the Speaker of the House of Representatives, Johnson ranks second in the presidential succession order, second only to Harris.
  • U.S. House Speaker calls on Biden to resign "immediately"

    After Biden announced his withdrawal from the race, Republican Speaker of the House of Representatives, Johnson, called on Biden to resign "immediately". Johnson said in a statement, "If Biden is not suitable to run for president, he is not suitable to be president. He must resign as president immediately." Johnson said that more than 14 million Americans chose Biden as the Democratic presidential candidate, but the party that calls itself "Democratic" declared their votes invalid. As the Speaker of the House of Representatives, Johnson ranks second in the presidential succession order, second only to Harris. When asked about some Republican congressmen calling on Biden to resign as president, the White House said that Biden "looks forward to completing his term." Senate Republican leader McConnell also accused the Democrats of "trying to overturn the will of the American people expressed in the national primaries," but did not call for Biden to resign as president.
  • Harris expresses hope to win Democratic presidential nomination

    US Vice President Kamala Harris posted on X, saying, "On behalf of the American people, I thank Joe Biden for his extraordinary leadership as President of the United States and his contributions to our country over the past decades. I am honored to have the support of the President, and my goal is to win the Democratic Party's presidential nomination."
  • Trump: Those who concealed Biden's condition from the public for a long time need to be investigated

    According to Jinse Finance, Trump said in an interview with Primetime that those who have long concealed Biden's illness from the public need to be investigated. Vice presidential candidate JD Vance added that if the Democrats really want him to step down, his cabinet members should invoke the 25th Amendment.
  • Cointime July 21th News Express

    1.More than 12,000 BTC flowed out of Binance in the past 7 days 2.So far this month, US Bitcoin ETF purchases are 41,1583.A smart investor bought another $213.78 worth of BTC 9 hours ago4.USDC circulation increased by about 200 million in the past week5.A whale transferred $2.1 million worth of SNX to Binance 4 hours ago, or a loss of 13% 6.6.5 million USDT transferred from Kraken to Bitfine7.In the past 24 hours, the total amount of liquidation in the entire network was 60.86 million US dollars, and the amount of liquidation in BTC was 12.87 million US dollars 8.In the past two hours, three USDT transfer transactions totaling nearly 190 million occurred on the TRON and Ethereum chains. 9.The total Ethereum contract holdings on the entire network reported $14.798 billion, a 24-hour decrease of 0.62%. 10.Suspected early investors transferred $1.91 million worth of ONDO to Bybit
  • Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms

    Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs.
  • Cointime July 14th News Express

    1. Biden-related Meme Coin BODEN has dropped 6.5% in the past 24 hours