"The case for the digital dollar" July 25, 2020

Daily Crypto Report · Jul 25, 2020 · 4m

Today's blockchain and cryptocurrency headlines

Bitcoin is up 1% at $9,605

Ethereum is up 4% at $284

and XRP is up 2% at 21 cents

Top gainers in the last 24 hours:

Unibright up 26%

and Block Stack up 15%

A federal court ruled that Bitcoin is a form of “money” covered under the Washington DC Money Transmitters Act.

Bitcoin Suisse raised $48 million in their first round of fund-raising.

Former CFTC chair Christopher Giancarlo made a case for the development of a digital dollar in a senate hearing.

Links:

Crypto Bank Hopeful Bitcoin Suisse Raises $48M in First-Ever Round - CoinDesk

Bitcoin Is a…