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Mt Gox Estate Transfers $3B in Bitcoin, $53M in Bitcoin Cash Ahead of Distribution
16.7.2024
According to onchain data, at 4:12 a.m. EDT on Tuesday, 48,641 bitcoin worth just over $3 billion were transferred by the Mt Gox estate ahead of the forthcoming distribution. Mt Gox Estate Moves Large Holdings Before Distribution After the price of bitcoin (BTC) climbed above $65,000, Mt Gox sent...
Ether ETF opens the floodgates for Solana ETFs and crypto products: Analyst
16.7.2024
The market could even see the launch of new crypto ETFs with mixed exposure to Bitcoin and Ether, according to prominent ETF analyst Balchunas
EU Stripe clients now have crypto purchasing power: Report
16.7.2024
Stripe has expanded its cryptocurrency integration in the European market, allowing EU clients to purchase cryptocurrencies using their credit or debit cards
Solana price on the rise: Can SOL touch $175 soon?
16.7.2024
Solana has started catching traders’ attention worldwide with its W pattern. The crypto is trending on social media platforms, and its chart shows a clear, uplifting pattern. The ongoing trend hints at a potential resurgence to $175. However, there are multiple factors investors must account for....
Baby Doge’s New Telegram Game Hits 1m User in Under 9 Hour
16.7.2024
Ever since Dogecoin, the adorable Shiba Inu memecoin, took over the crypto community, many dog-based coins emerged in the market. Among the waves of the many, Baby Doge is working on a plan to stay relevant. Recently, MemeFi’s token locker achieved the milestone of $10M Total Locked Value;...
Crypto stocks skyrocket amid Trump assassination attempt
16.7.2024
Shares in crypto companies like Coinbase, MicroStrategy, and Riot Platforms are rallying after investors began swarming around the crypto market. Bitcoin prices have rallied over the weekend of an assassination attempt against Republican nominee Donald Trump, as investors bet Trump now has a better...
Mt. Gox moves $3B in BTC to unknown address
16.7.2024
Mt. Gox's cold wallet transfers 47,229 BTC worth $3 billion to an unknown address, marking significant activity after a two-week lull
Tokyo-Based Metaplanet Adds Almost 22 More Bitcoin to Its Treasury
16.7.2024
Metaplanet, a Tokyo-based public company, has revealed that it has acquired more bitcoin for its treasury holdings. According to disclosure statements, Metaplanet acquired 21.877 bitcoin, spending about $1.26 million (200 million Japanese yen) for this purpose. Now, Metaplanet holds 225.61 bitcoin...
Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice
16.7.2024
John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) announced Monday. Between August 2017...
Mining Company CEO Claims Silver Deficit Is Growing, Institutions Might Drive Prices Higher
16.7.2024
Keith Neumeyer, CEO of First Majestic Silver, a Canada-based mining company, discussed the silver production deficit in today’s precious metals markets. Neumeyer stated that while retail investors are interested in silver, institutions have to enter the market, supporting the activity...
Uganda Presents Purchase Plan to Return to the Gold Standard
16.7.2024
Uganda is aiming to return to the gold standard at some extent with a purchase proposal that seeks to amass more gold to back its fiat currency, the Ugandan shilling. The Central Bank of Uganda will purchase gold from artisanal miners to support their activities and reduce raw gold imports. Uganda...
Santa Monica City Council Unanimously Approves Landmark Bitcoin Initiative
16.7.2024
The Santa Monica City Council has unanimously approved the creation of a Bitcoin Office. Proposed by Vice Mayor Lana Negrete and in partnership with The Proof of Workforce Foundation, the program aims to boost Bitcoin education, economic recovery, and tourism, operating at no cost to the city....
Peter Brandt Anticipates Bullish Move for Bitcoin, Says ‘Bears Are Trapped’
16.7.2024
Veteran trader Peter Brandt’s recent bitcoin analysis suggests a bullish momentum, noting that a bear trap is confirmed by the July 13 close. However, this outlook is contingent on bitcoin staying above $56,000. Brandt recently predicted a potential BTC peak at $150,000 by late 2025. Peter...
Blackrock CEO Larry Fink Explains Why Everyone Should Consider Bitcoin in Portfolios
16.7.2024
Larry Fink, the CEO of Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has explained why he shifted from skepticism to advocacy for bitcoin, viewing the cryptocurrency as “digital gold” and a hedge against economic instability....
Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme
16.7.2024
The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices
Visa and Wirex Partner to Bring Seamless Crypto Payments to Millions of Merchants Globally
16.7.2024
Wirex and Visa have partnered to launch Wirex Pay, aiming to bring seamless crypto payments to millions of merchants worldwide, enhancing accessibility and convenience. “This partnership is set to revolutionize the way we use digital assets,” said Wirex Pay, emphasizing that Wirex...
Trump Chooses Crypto Advocate Senator JD Vance as Running Mate
15.7.2024
Former U.S. President and presidential candidate Donald Trump has announced Senator JD Vance as his running mate. Vance has advocated for clear cryptocurrency regulations and criticized the U.S. Securities and Exchange Commission’s (SEC) enforcement-based regulatory approach. His crypto...
Digital Asset Funds Achieve Record $17.8B Inflows in 2024, Reports Coinshares
15.7.2024
Digital asset investment products experienced significant buying activity last week, resulting in inflows of $1.44 billion. This brings the year-to-date total to a record $17.8 billion, far exceeding the 2021 figure of $10.6 billion, according to Coinshares. Record Inflows in Digital Asset Funds...
Here’s Everything That Can Affect Crypto Markets This Week
15.7.2024
The Crypto markets are known for volatility and stock interrelationships. Bitcoin and altcoins have suffered from the collapse of crypto exchanges, Fed hike rates, Bitcoin dump sales by the German government, and Mt. Gox BTC repayments. Over the weekend, the survival of the pro-Bitcoin president...
US Judge Extends Date for Tornado Cash Co-Founder’s Trial
15.7.2024
The trial of the co-founder of the controversial crypto mixer Tornado Cash, Roman Storm, on the accusations of money laundering has been pushed back by three months. Judge Katherine Polk Failla of the Southern District of New York granted the defense’s request for a delay, citing...