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

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.

• Crypto Bank Hopeful Bitcoin Suisse Raises $48M in First-Ever Round - CoinDesk
• Bitcoin Is a Form of Money in DC, Federal Court Rules - CoinDesk
• Giancarlo pitches Congress on piloting a 'digital dollar' in the U.S.