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Nalezeno "CryptonewsZ": 22006

German Government Dumps Over 2300 Bitcoin; Price Remains Steady

11.7.2024
The German government has once again made headlines with another series of Bitcoin sales. In the past 3 hours, authorities have transferred 2,375 BTC, valued at approximately $137.87 million, to various exchanges and addresses. Breaking Down the Latest Transactions This recent move follows...

Mark Cuban says; Biden should fire Gary Gensler

11.7.2024
The crypto industry has become a political topic ahead of the November 2024 elections. Progressive Rep. Ro Khanna (D-Calif.) hosted a crypto roundtable with Mark Cuban, and other key figures in the blockchain industry also appeared. Industry representatives, such as Blockchain Association’s Kristin...

Capital Management CEO; Bitcoin will Survive Germany Dump

10.7.2024
The industry has held its breath for a couple of weeks due to the FUD that the massive Bitcoin selling by the German government and Mt. Gox will tank the market. That narrative may work for some, but not Anthony Pompliano. Capital Management CEO Anthony Pompliano believes that BTC holders will...

CFTC Chairman Labels 70-80% Crypto as Non-Securities

10.7.2024
The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Benham, made a comment recently on the status and class of crypto assets, fueling the turf war between the CFTC and the Securities and Exchange Commission (SEC). Not a Security Earlier today, Benham appeared before the Senate...

CFTC Chairman Labels 70-80% Crypto as Non-Securities

Block & Core Scientific Announce Landmark Bitcoin Mining Deal

10.7.2024
Block (formerly Square) and Core Scientific have announced a new partnership for Bitcoin Mining. This collaboration centers around the supply of Block’s new 3-nanometer mining ASICs, developed by their Proto team, to Core Scientific. The duo strikes one of the largest Bitcoin mining deals...

Ethereum Holds Firm Above $3K, Eyes $3.4K Breakout

10.7.2024
The global crypto market continues to experience mixed sentiments, yet stalwarts like Bitcoin and Ethereum show remarkable resilience, holding onto gains from the previous day. According to CoinMarketCap, the total market capitalization saw a modest rise of 1.47%, reaching $2.15 trillion, while...

German Government Now Holds Only 13.11K Seized Bitcoin

10.7.2024
In a series of transactions, the German government has reduced its Bitcoin holdings, losing its status as a “Bitcoin billionaire” in the process. According to data from Arkham, the government has kept offloading a large amount of Bitcoin. The German Government lost its “Bitcoin...

Lithuania Fines Crypto Firm Payeer $10.1M for Russian Trades

10.7.2024
Lithuania—the seaside country—has fined Payeer, a crypto company, €9.3 million ($10.1 million) for financial sanctions and money laundering violations involving its Russian clientele. According to Bloomberg, the Financial Crimes Investigation Service (FNTT) under the Ministry of Internal Affairs...

Taiwan Eyes CBDC Prototype Launch via Digital Voucher System

10.7.2024
Taiwan aims to pilot its Central Banking Digital Currency (CBDC) before the end of the year. As Chin-Long Yang, governor of Taiwan’s central bank, revealed, this initiative will employ the digital voucher system developed by the Ministry of Digital Affairs. This collaboration seeks to incorporate...

Bitcoin Recovery Influences ETF Inflow; BTC Breaches $59k

10.7.2024
We are far from, or better yet, no longer threatened with, another Bitcoin winter. The crypto market has picked a recovery curve amid massive Bitcoin sell-offs by the German government. Today, BTC surged over $59,200, nearing its previous support at $60,000. The surge has created buying pressure...

Report: Morgan Stanley to Approve Bitcoin ETFs for All Clients by August

10.7.2024
Morgan Stanley is reportedly set to approve Bitcoin ETFs for all its clients by the end of August. Researcher House of Chimera, citing a senior source, shared this information, marking a pivotal moment in the institutional adoption of digital assets. ICYMI: ???? Morgan Stanley expected to approve...

Bitcoin Holds Above $57k; Mt. Gox & Germany Pressure Fades

10.7.2024
For the past few weeks, Mt. Gox and the German government’s BTC moves have been the key determinants of Bitcoin’s price. According to data from Arkham Intelligence, the German-linked BTC wallet now holds coins worth $1,308,651,208. Six hours ago, the government wallet moved 3.107 BTC worth...

Who is UK’s New City Minister & Her Views on Crypto

9.7.2024
The UK’s current prime minister, Keir Starmer, is a human rights lawyer from a small town in southern England. Today, he made his first official speech in parliament since being elected. He took the time to congratulate Speaker Sir Lindsay Hoyle after MPs re-elected him for the role. So,...

Bitcoin Rebounds to $57K, Is a New High in Sight?

9.7.2024
The crypto market has been on a wild ride this past week, with Bitcoin plummeting to its lowest value since late February, dipping to $53,550. This represents a stark 13% drop from its weekly opening price of $61,96K. The downturn coincides with broader market anxieties, particularly regarding...

Arkham Report: Chinese Govt Holds 194k Bitcoin From PlusToken

9.7.2024
In his recent blog post, Chinese journalist Colin Wu sheds light on the aftermath of PlusToken, one of the biggest cryptocurrency Ponzi schemes in Bitcoin history. The case involved the seizure of a large number of digital assets by Chinese authorities. Analysis: Has the Chinese government sold...

Australia’s ASX Approves its Second Spot Bitcoin ETF

9.7.2024
Australia’s leading stock exchange, the Australian Securities Exchange (ASX), has approved listing its second Spot Bitcoin ETF. According to reports, the BTC ETF will begin trading on July 12 under the ticker BTXX. Spot BTC ETFs thrive amid negative market sentiments Today, DigitalX,...

Australia’s ASX Approves its Second Spot Bitcoin ETF

Here is the best DeFi platform to trade spot Ethereum ETFs, spot Bitcoin ETFs, and Solana ETFs

9.7.2024
The approval and launch of spot Bitcoin ETFs in Q1 2024, and the commencement of spot Ethereum ETFs’ approval process in Q2 2024 have ushered a crypto ETF season in the crypto market. Solana (SOL) is on track to be the next recipient of the spot ETFs treatment with several firms filing proposals...

OTC Markets Gain Favor Amid Government Bitcoin Transactions

9.7.2024
In recent events, Germany has been directly involved in purchasing and selling large volumes of Bitcoin in the market. At the beginning of their activities, they preferred exchange transactions, whereas, at present, there is a tendency towards OTC operations. This action is consistent with their...