Day: July 29, 2024

Do you like McDonald’s?

MCDONALD’S 2Q REV. $6.49B, EST. $6.65B MCDONALD’S 2Q ADJ EPS $2.97, EST. $3.07 MCDONALD’S 2Q COMP SALES -1%, EST. +0.84% submitted by /u/XGramatik [link] [comments]

Binance Square: Donald Trump Says Bitcoin Is Going to the Moon: ‘United States Will Be the Crypto Capital of the …

Coinpedia: Former President and current Republican presidential nominee Donald Trump is scoring major points with crypto-minded voters in the United States. ‘Hello Bitcoiners, it’s good to be with you.’ he started. It seems like Trump’s days of bashing Bitcoin are over. Despite once calling it “scam,” Trump now appears to be offering the crypto community major support. He said, “Respect and admiration for what the bitcoin community has achieved.” Trump said that Bitcoin has become the most valuable asset in just 15 years. ‘That’s a big deal,’ he said. “Soon it will surpass the entire market cap of silver. One day it will probably overtake gold. There has never been anything like it. It’s a miracle of cooperation of human achievement,” Trump said. submitted by /u/Ankle_be [link] [comments]

US announced a bill to purchase 1 million BTC

Wyoming Senator Cynthia Lummis spoke at the Bitcoin 2024 conference and announced a bill to purchase 1 million BTC for the US balance sheet, representing 5% of the total supply of the asset. “Creating a strategic bitcoin reserve will firmly establish the dollar’s position as the world’s reserve currency in the 21st century and ensure that we remain a global leader in financial innovation,” the official said. The bill is expected to be introduced “in the coming days.” That’s not bad news, is it? With all the attention on BTC, I think there’s a good chance that the US could accumulate 5 to 15% of the total BTC supply in +- 5 years. submitted by /u/dll_crypto [link] [comments]

E&E Daily: Senate panel votes to ban congressional stock trades.

The Senate Homeland Security and Governmental Affairs Committee approved compromise legislation Wednesday to ban lawmakers from trading stock. The issue has dogged lawmakers for years, and even though Chair Gary Peters (D-Mich.) has been trumpeting a bipartisan deal, lingering concerns made for a contentious markup. The bill would ban lawmakers, the president and the vice president from owning stock and certain other investments. They would have to divest starting in 2027. submitted by /u/Ankle_be [link] [comments]