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Fundstrat’s Tom Lee Predicts ‘Pretty Sharp Rebound’ for Bitcoin — Expects to See $150K BTC This Year
7.7.2024
Fundstrat’s head of research, Thomas Lee, has doubled down on his bitcoin price prediction of $150K by year-end, post Mt. Gox distribution. He expects “a pretty sharp rebound” for bitcoin in the second half of this year, citing the resolution of the Mt. Gox overhang, potential...
Bitcoin Proponent Bruce Fenton Calls Out Jack Dorsey Over Censorship Allegations During Twitter Tenure
6.7.2024
Over the weekend, a prominent personality in the bitcoin and blockchain sector, Bruce Fenton, addressed Jack Dorsey, CEO of Block, Inc., through a post on the social media platform X. Fenton asserts that Dorsey owes an explanation, as Twitter’s senior leadership has faced accusations...
Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections
6.7.2024
As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull...
NFT Sales Rise 8% Higher Amid Broader Crypto Market Downturn
6.7.2024
Over the past week, non-fungible token (NFT) sales have increased despite the significant decline in the broader crypto market. Approximately $109 million in NFT sales were recorded, marking an 8.1% rise from the previous week. NFT Transactions Surge 45.57% as Weekly Sales Hit $109M NFT sales...
Bitcoin mining difficulty hits lowest level since March as price tops $57K
6.7.2024
The drop in mining difficulty should spell relief for the largest mining firms
UBS Executive Highlights AI’s Impact on Banking
6.7.2024
UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach doctors with self-diagnosed conditions. UBS Sees...
Report: Family at the Center of Sam Bankman-Fried’s Campaign Contributions
6.7.2024
Sam Bankman-Fried’s political donation activities were allegedly a family affair, involving his brother, mother, and father. Bankman-Fried, the founder of FTX, reportedly directed over $100 million in political contributions with his family’s help, according to emails reviewed by...
Eco-Friendly Gaming Crypto eTukTuk Enters Final Presale Stage – Last Chance to Buy TUK
6.7.2024
The green crypto revolution is in top gear, and eTukTuk (TUK) is leading the way. As this eco-friendly project enters its final presale stage, investors are scrambling for their last shot to grab TUK tokens before the July 15 deadline. eTukTuk Presale Nears End – Last Chance to Grab...
US Spot Bitcoin ETFs Attract $143 Million in Inflows Amid BTC Price Drop
6.7.2024
U.S. spot bitcoin exchange-traded funds (ETFs) saw their first day of inflows following two days of outflows. The 11 funds garnered $143.1 million during Friday’s trading sessions, closing out the week on a positive note. Friday’s ETF Action Bounces Back After 2 Days of Outflows...
UK High Court Grants Worldwide Freezing Order Against Craig Wright
6.7.2024
The UK High Court has granted a Worldwide Freezing Order (WFO) against Craig Wright, amounting to £1.548 million (approximately $1.98 million). This decision stems from Peter McCormack’s application, which argued for the necessity of the WFO due to Wright’s fundamentally fraudulent...
Sleeping Bitcoin Wallet Transfers 1,000 BTC Worth Over $56M After a Decade
6.7.2024
On Friday, July 5, 2024, at 8 p.m. EDT, as bitcoin’s price hovered around $56,500 per unit, a dormant wallet, created on Nov. 24, 2013, transferred over 1,000 BTC, valued at $56.5 million, at block height 850,855. Long-Inactive Bitcoin Wallet Transfers Over $56M At 8 p.m., or Bitcoin block...
Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M
6.7.2024
Returning to their screens following the July 4 break, U.S. traders were confronted with prices that had plunged roughly 10% from pre-holiday levels
Bitcoin’s Market Cap at Risk of Falling Below $1 Trillion for First Time in 4 Months
6.7.2024
According to recent statistics on Saturday, July 6, 2024, bitcoin’s market capitalization is nearing the $1 trillion mark. If bitcoin’s value drops by $110 billion, it will hit a low not seen since late February 2024. Bitcoin Market Cap Teeters on $1 Trillion Mark Bitcoin (BTC)...
Unlock the Best Free Social Casino Experience With DingDingDing
6.7.2024
Welcome Bonus and Variety of Games DingDingDing emerges as a rapidly expanding free social gaming platform distinguished by its array of unique features. The platform invites new users to explore and engage with a variety of free social casino games available on the fastest-growing free online...
2024 Election Bets Propel Polymarket to $111 Million in June Volume
6.7.2024
According to metrics, the prediction market Polymarket has experienced notable volume over the past few weeks, with the firm reporting it accrued over $100 million in June and $8.2 million on the day the 2024 presidential candidates Donald Trump and Joe Biden debated on stage. The Rising Influence...
Intimidating Wallet Interfaces Hinder Adoption of Defi Lending Protocols, Says Crypto Veteran
6.7.2024
Decentralized finance (defi) has improved efficiency, inclusivity, and performance in consumer lending, but poor user experience remains a significant barrier to adoption, according to Thor Abbasi, co-founder of Zivoe. Abbasi argues that as long as wallet interfaces seem “unintuitive”...
Bitcoin sales by gov'ts just 4% of $225B bull market inflows — Analyst
6.7.2024
BTC selling volumes generated by nation states are a drop in the ocean this bull market, argues CryptoQuant's Ki Young Ju
Spot Bitcoin ETFs see record inflows post-July 4 dip
6.7.2024
The Bitcoin price correction provides strong opportunity for ETF investors to buy the dips
Tangem Partners With Visa to Launch Self-Custodial Crypto Payment Card
6.7.2024
Hardware wallet firm Tangem AG is collaborating with Visa to launch a self-custodial payment solution. This collaboration introduces a Visa payment card integrated with a hardware wallet, allowing Tangem users to make payments using their crypto or stablecoin balances at any Visa-accepting merchant...
Zambia to Outlaw Use of Foreign Currency, Criminals Could Face Jail Time for up to 10 Years
6.7.2024
The Bank of Zambia has proposed a new series of guidelines that seek to outlaw the use of foreign currency, including the U.S. dollar, for local transactions. If finally approved, the document would establish harsh penalties for infringement, including jail time for up to ten years and hefty fines....