🧵 1/ US lawmakers Patrick McHenry and Tom Emmer challenge SEC Chair Gary Gensler's stance on crypto airdrops, suggesting it hampers decentralization. #crypto

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🧵 5. Bitcoin trading at $63,343, up over 6% in last 24 hours as Coutts suggests Q4 may be critical for 12-month forward returns.

🧵 4. Analytics show strong network activity of smart contract platforms during market correction, signaling positive sign for digital assets in Q4.

🧵 3. Increase in money supply sets stage for BTC's next leg up, linked to liquidity turning decisively bullish, says Coutts.

🧵 2. Coutts eyes altcoin season index flashing bullishness, indicating potential short-lived phenomenon without sustained Bitcoin rally.

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🧵 5. LA leads the way in digital innovation. Crypto payments offer flexibility & security. Partnership with Envoc & Bead Pay drives modernization efforts.

🧵 4. Department of Wildfire and Fisheries to implement crypto payments first. Initiative aims to modernize and optimize state service interactions.

🧵 3. LA Treasurer Fleming: Govt must embrace new tech. Crypto payment option offers citizens flexibility. Protects state from crypto price volatility.

🧵 2. Project aims for faster, secure transactions. Digital assets like BTC, Bitcoin Lightning, and USDC accepted. LA Treasurer emphasizes innovation & flexibility.

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🧵 5. Despite BitGet's milestone, Binance leads with 200M global users, aiming to reach 300M by 2026 after onboarding over 40M users in 2023 and 30M in H1 2024.

🧵 4. Newly launched products by BitGet, like PoolX, have enhanced platform activities, attracting over 35,000 traders and benefiting 350,000 users.

🧵 3. In H1 2024, BitGet records $779M net inflow of assets with daily trading volume exceeding $10B and monthly visits surpassing 30M.

🧵 2. BitGet reports remarkable growth rates in Africa (1,614%), South Asia (729%), and Southeast Asia (216%), reflecting a surge in global userbase.

🧵 1. Analyst Jamie Coutts predicts end to crypto bearish phase, citing global liquidity boost and healthy ecosystem as signs of bullish breakout ahead. #crypto

🧵 1. Louisiana partners with Envoc & Bead Pay to enable state services payments with crypto assets, starting in Sept. Residents can convert to USD in real-time. #crypto

🧵 1. Crypto exchange BitGet surpasses 45M users worldwide in just six years, marking 400% growth in user count since 2023 according to CEO Gracy Chen. #crypto

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