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Cointime June 15th 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.
  • BITB’s holdings exceed 40,000 BTC, worth approximately $2.71 billion

    Data shows BitWise's Bitcoin spot ETF BITB has a position of over 40,000 BTC, currently at 40,499.9 BTC, worth approximately $2.71 billion.
  • Biden-related Meme Coin BODEN has dropped 6.5% in the past 24 hours

    Market data shows that the Biden-related meme coin BODEN has dropped 6.5% in the past 24 hours, now trading at $0.03683, with a current market value of approximately $25.61 million.
  • He Yi: Meme coins have not been issued. Please do not interact with such fraudulent links or X accounts.

    Binance co-founder He Yi warned of a scam involving the pre-sale of Meme coin on the X platform, stating "I have not issued any new Meme coin. Clicking on suspicious links will result in user wallets being stolen. Many people have been deceived by this hacker link and suffered huge losses. Does Elon Musk have any solution to this problem?" He Yi disclosed the relevant scam links and multiple fake X accounts impersonating himself. Yesterday, He Yi posted on social media, stating that he noticed someone had created a fake account and some users were scammed. He Yi said, "Someone reported to me that someone clicked on a malicious link, resulting in 60 ETH being stolen. BNB is the only token I endorse. Please be cautious of these fake accounts. If users find any such fake accounts, please report them to X (formerly Twitter) to help prevent others from being scammed."
  • Bitwise CEO: Bitcoin should shed its “digital gold” image to achieve mainstream adoption

    Hunter Horsley, the co-founder and CEO of cryptocurrency asset management company Bitwise, said that the term "digital gold" limits the coverage of Bitcoin as an investment asset. Although the image of "digital gold" is helpful for Bitcoin, it has many qualities that are superior to gold. It is time to get rid of this concept. Bitcoin has had many visions in history, such as peer-to-peer electronic cash, independent sovereign currency, and cryptocurrency, conveying people's different expectations of Bitcoin.
  • Curve founder: $10 million of CRV bad debts on Curve lending platform have been fully repaid

    Curve founder Michael Egorov tweeted that he has fully repaid the $10 million bad debt caused by the UwU Lend security incident that triggered the liquidation of CRV lending positions.