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The price of bitcoin initially showed little reaction to the soft data even as traders quickly amped up bets on big Fed rate cuts in the second half of the year.

It has always been Bybit's primary objective to operate our business in compliance with all relevant rules and regulations, the company said in its post.

"It has always been Bybit's primary objective to operate our business in compliance with all relevant rules and regulations," the company said in its post.

The latest price moves in crypto markets in context for Aug. 2, 2024.

The developers said the team’s positions were “targeted” and they will create an operational DAO to take ownership of the Kujira Treasury and core protocols.

Bitcoin still has plenty of upside potential, but is it enough to make you a millionaire?

Political commentator and former Fox Television host Tucker Carlson raised eyebrows after he claimed that Bitcoin (CRYPTO: BTC) was created by the Central Intelligence Agency. What Happened: During a private event at the recently concluded Bitcoin 2024 conference in Nashville, Carlson poked fun at cryptocurrency maximalists for not knowing the real identity of the pseudonymous creator, Satoshi Nakamoto. Don't Miss: According to Cathie Wood, holding 6 Ethereum (ETH) could make you a millionaire,