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Bitcoin Hits $65K Shaking Off Mt. Gox Payout Worries; XRP Leads Crypto Rally
16.7.2024
The Mt. Gox distribution will not end the bullish trend, CryptoQuant CEO noted
After Court Order, Craig Wright Updates Website With Admission He Is Not Bitcoin Creator Satoshi
16.7.2024
A U.K. court ruled earlier this year that Wright was not the inventor of bitcoin and had lied “extensively and repeatedly” and forged documents in his attempt to convince the world otherwise
Craig Wright’s Web Portal Removes False Claims, Site States He is Not Bitcoin’s Founder
16.7.2024
As news emerged about British High Court Judge James Mellor’s referral to prosecute Craig Wright for perjury, Wright’s website, craigwright.net, now displays a legal notice stating he is not Satoshi Nakamoto, the creator of bitcoin. The main page of the web portal hosts the notice, which...
Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
16.7.2024
Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi operations using layer two (L2) solutions like Stacks....
Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit
16.7.2024
European bitcoin mining firm Northern Data is pushing back against a whistleblower suit filed by two former executives of the company who say they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion
Bitcoin back above $65K as traders shake off Mt. Gox BTC transfers
16.7.2024
Traders ignored the news that Mt. Gox transferred billions of dollars in BTC and instead focused on pushing Bitcoin price above $65,000
Craig Wright admits he's not Satoshi, issues disclaimer on his website
16.7.2024
The Crypto Open Patent Alliance accused Wright of forgery in court and claimed that he “invented an entire biographical history.”
ETF Stands for 'Everything That Fits'
16.7.2024
First Bitcoin, then Ethereum, now Solana. ETF issuers will stop at nothing so long as they believe they can make money
Google Trends Shows Ethereum Interest Rising Rapidly as ETF Launch Approaches
16.7.2024
According to recent statistics from July 16, 2024, Google Trends data reveals a significant increase in interest for the term “ethereum,” climbing from a score of 57 out of 100 on July 14 to a peak of 82 on Monday. Similarly, the search query “bitcoin” saw a rise, moving...
$301M Flows Into Bitcoin ETFs, Led by Blackrock and Ark Invest
16.7.2024
U.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting $301.04 million. Both IBIT and ARKB experienced nearly identical inflows, each drawing in $117 million. Bitcoin ETFs Attract Inflows as IBIT and ARKB Lead the Charge The week began with...
Kraken tells users that Mt. Gox reimbursement funds have been received
16.7.2024
Mt. Gox collapsed in 2014 and recently began reimbursing injured parties in Bitcoin and Bitcoin Cash
Bitcoin ETF Traders Bought the Dip and Now Are Buying the Rebound as Inflows Topped $300M Monday
16.7.2024
Lifetime net inflows into the U.S.-based spot bitcoin exchange-traded funds topped $16 billion on Monday as investors of late have shown themselves to be buyers in both up and down markets
Lifi Finance Hit by $8 Million Exploit, Warns Users to Avoid Applications
16.7.2024
According to reports, the decentralized finance (defi) protocol Lifi Finance experienced an $8 million loss due to an exploit. Lifi confirmed the breach on X and advised users to avoid interacting with Lifi-powered applications. Lifi Finance Loses $8 Million to Exploit On Tuesday, the onchain...
Bitcoin bears trapped, but can BTC price surpass $70K by August?
16.7.2024
Bitcoin price has confirmed its price reversal, but can it reclaim the $70,000 mark before the end of summer?
Forbes Predicts 1700% Shiba Inu Coin Price Rally, Could Shiba Shootout Also Explode?
16.7.2024
Shiba Inu has once again captured the spotlight with the token seeing a significant price rise with the recent market uptick. According to a recent Forbes report, the popular meme coin is projected to grow much further and experience a staggering 1700% price rally into 2025. As the market buzzes...
Mt Gox Funds Arrive at Kraken: Bitcoin and Bitcoin Cash Distributions Expected Soon
16.7.2024
According to a recent update from Kraken, the centralized cryptocurrency exchange has received funds from the Mt Gox trustee. Consequently, bitcoin (BTC) and bitcoin cash (BCH) payouts will be distributed to creditors’ accounts within 7 to 14 days. Kraken Confirms Receipt of Mt Gox Funds...
Bitcoin eyes Mt. Gox recovery amid warning over BTC price dip to $58K
16.7.2024
BTC price attempts to stabilize as traders warn of a possible return below Bitcoin buy support at $60,000
US Spot Ether ETFs to Launch on July 23 Pending Final SEC Approval, Analyst Says
16.7.2024
The U.S. Securities and Exchange Commission (SEC) has finally gotten back to issuers concerning the final approvals for spot ether exchange-traded funds (ETFs). Preliminary approval has reportedly been granted for at least three of the eight proposals set to launch next Tuesday. Issuers of these...
Bitcoin soars on predictions of Trump victory after assassination attempt
16.7.2024
The failed assassination attempt on the former US president may (perversely) be good for crypto. “Trump’s victory odds just went up significantly.”
Institutions are more bullish on Ether than retail ahead of ETH ETF launch
16.7.2024
Ether price could double during the 2025 bull cycle, thanks to increased institutional interest introduced by ETH ETFs, according to Bybit’s head of institutions