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💸 JUST IN: Galaxy Asset Management raised $113 million for a new crypto venture fund, that could bring significant new capital for cryptocurrency startups building new use cases.
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🗣️ Wyoming Senator Lummis plans to announce legislation for a Strategic Bitcoin Reserve at an upcoming Nashville conference, according to a report by Fox News.
The bill would require the Federal Reserve to hold Bitcoin as a strategic reserve asset, similar to how it holds gold and foreign currencies. This could significantly impact the crypto industry if passed.
Do you think Bitcoin will become a strategic reserve asset for the US government? 🇺🇸
👍 - It should.
👎 - No way.
Spot Ethereum ETFs post $113M of outflows on second day of launch
The “newborn” eight ETFs didn’t manage to outrun the $327 million of outflows from Grayscale’s recently converted Ethereum Trust.
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🗞 Missed the news? Here's what's happened over the last 24 hours!
💸 Citi upgrades Coinbase shares to ‘buy’ citing ‘shifting’ US politics
🚀 Spot Ethereum ETFs post $107M net inflows on first day
🧐 Mt. Gox transferred 37,477 4BTC to a new wallet, while data shows that 40% of creditor repayments have now been distributed.
🇺🇸 Kamala Harris could be more open to cryptocurrencies than President Joe Biden, according to billionaire investor Mark Cuban.
📈 The $KAMA token is up 50.4% and nearing an ATH.
💤 A dormant address containing 53 $BTC (3,498,414 USD) has just been activated after 11.1 years (worth 3,716 USD in 2013).
📧 Coinbase has filed a motion to compel the SEC to produce Chair Gary Gensler’s private emails from his time at the SEC.
🎙️ Will spot Ethereum ETFs drive $ETH to new highs?
💰 Kraken finishes Mt. Gox Bitcoin distribution, but creditors aren’t selling $BTC.
🏎️ Ferrari is expanding its cryptocurrency payment system to Europe after a successful launch in the United States in 2023.
🇺🇸 Biden’s exit from the presidential race helped Bitcoin recover to $68K, but analysts expect more market uncertainty.
Ferrari is expanding its cryptocurrency payment system to Europe after a successful launch in the United States in 2023.
After a successful launch in the US, Ferrari’s European dealers will start accepting Bitcoin and other cryptocurrencies for payments starting in July 2024
🎙️ Will spot Ethereum ETFs drive $ETH to new highs?
Spot Ether ETFs saw impressive net inflows of $107 million on their first day of trading.
BlackRock’s iShares Ethereum Trust ETF led with $266.5 million, followed by the Bitwise Ethereum ETF with $204 million.
Discover how the market reacted and what this means for Ethereum’s future.
🎧 Listen now!
💤 A dormant address containing 53 $BTC (3,498,414 USD) has just been activated after 11.1 years (worth 3,716 USD in 2013).
Читать полностью…
🇺🇸 Kamala Harris could be more open to cryptocurrencies than President Joe Biden, according to billionaire investor Mark Cuban.
Harris’ team is reportedly seeking input on crypto policy from industry executives ahead of the Democratic National Convention. Tech CEOs believe Harris has the potential to attract significant support and donations from the tech sector by presenting a credible pro-business, pro-tech policy framework.
Her campaign has already raised over $100 million in just 48 hours after Biden endorsed her
Spot Ethereum ETFs post $107M net inflows on first day
The newly launched spot ETH funds posted positive net inflows despite being weighed down by $485 million of bleeding from Grayscale’s Ethereum Trust.
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🗞 Missed the news? Here's what's happened over the last 24 hours!
📉 Ethereum ETF inflows to impact price, says Kaiko
🏃♀️ Kamala Harris edges closer to facing Trump with 68% Democrat backing
🌪 Mt. Gox records $3.2B in Bitcoin outflows within two hours
💼 Grayscale transfers 292,000 ETH, valued at over $1 billion, to Coinbase Prime
🚀 XRP might reach $1 again in Q4, first time since 2021
🔍 Trump concerns over China dominating crypto, justified?
🎉 Ether spot ETFs launch today; potential effects on ETH prices?
🔗 Chandra Duggirala discusses cross-chain risks, Ordinals, Runes, and more.
📈 XRP price hasn’t seen $1 since 2021 — But this could change in Q4
Three big catalysts for a potential XRP price boom include technicals, significant whale accumulation, and the nearing resolution of Ripple’s legal battle with the SEC.
🧐 The spot Ether ETFs go live today. What will this mean for ETH prices?
What do you think will happen? Strong inflows or a flat response?
Tune in to Rise’n’Crypto for the latest insights! 🎧
⚡️ NEW: Grayscale deposits 292,000 $ETH worth over $1 billion on Coinbase Prime.
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🎙️ BitFuture: Bitcoin’s Evolution is a special series from Decentralize with Cointelegraph in collaboration with PortaltoBitcoin.
In episode 3, Chandra Duggirala explores cross-chain transactions, the risks of bridges, the role of Ordinals, Runes and BRC-20, and how Bitcoin could dominate DeFi.
🎧 Listen now to stay ahead in the crypto world!
[Collaboration]
Ethereum price will be ‘sensitive’ to ETF inflows in the coming days: Kaiko
Another firm estimates that Ether’s price will rise no more than 24% by the end of the year due to underwhelming demand for the spot ETH products.
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💰 In July, Bitcoin whales purchased an unprecedented 358,000 $BTC, amounting to approximately $23 billion.
CryptoQuant CEO Ki Young Ju noted that Bitcoin is currently in an accumulation phase.
Despite some short-term market fluctuations and the recent introduction of spot Ether ETFs, long-term holders and whales are steadily increasing their Bitcoin holdings, suggesting strong confidence in the cryptocurrency's future value.
📉 Bitcoin recently dipped below $65,000, which analysts attribute to seasonal trends and market sentiment rather than sales by Mt. Gox creditors.
CryptoQuant founder Ki Young Ju and trader "Roman" dismiss fears of a Mt. Gox-induced sell-off. The dip, representing a 2.5% decrease in 24 hours, wiped out $24.68 million in long positions.
Overall market sentiment remains relatively bullish, with the Crypto Fear and Greed Index showing a "Greed" score of 68.
Bitfarms forced to stop ‘poison pill’ strat amid Riot takeover attempt
The Ontario Capital Markets Tribunal terminated Bitfarm’s attempt to “poison pill” Riot Farm’s takeover attempt of their firm.
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Biden’s exit from the presidential race helped Bitcoin recover to $68K, but analysts expect more market uncertainty.
Vice President Kamala Harris, now the Democratic nominee, has an unclear stance on crypto, which may lead to regulatory scrutiny.
Investors are likely to wait and see Harris's policies.
Prediction markets favor Donald Trump to win, with Polymarket showing over 62% betting on Trump and 35% on Harris.
Who would you choose?
🐳 - Trump
❤️ - Harris
Kraken finishes Mt. Gox Bitcoin distribution, but creditors aren’t selling $BTC.
Despite over $9.4B owed, no significant sell-off has been observed. Analyst RunnerXBT notes only "paper hands" may sell, leading to short-term volatility.
Most creditors are holding strong. 💪
Do you still feel BULLISH?
🐳 - Yes
⚡️ - No…
📧 Coinbase has filed a motion to compel the SEC to produce Chair Gary Gensler’s private emails from his time at the SEC.
This request is part of their defense against allegations of illegal trading of unregistered securities. Coinbase also seeks documents related to its 2021 public offering and Gensler’s public statements on crypto.
The SEC sued Coinbase in June 2023 for allegedly violating federal securities laws.
The $KAMA token is up 50.4% and nearing an ATH.
After speculation she may speak at this week's BTC Nashville conference. 🇺🇸
💰 Update: Mt. Gox transferred 37,477 4BTC to a new wallet, while data shows that 40% of creditor repayments have now been distributed.
Читать полностью…
Citi upgrades Coinbase shares to ‘buy’ citing ‘shifting’ US politics
Analysts from Citi Group said a potential “crypto-friendly” administration and growing revenues are bullish catalysts for Coinbase shares.
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🇺🇸 Is Trump right to worry that China could ‘take over’ crypto?
Does China regret banning Bitcoin mining in 2021? Could it opt back in? Can a single nation even control decentralized assets like BTC?
👉 Read more
️⚡️ JUST IN: Spot Ethereum ETF trading officially live.
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✅ JUST IN: After three years of filings, the VanEck Ethereum ETF has received SEC approval, offering investors a regulated way to gain exposure to Ether in the US.
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💰 Update: Mt. Gox again began shifting funds on July 23, moving over 47,500 Bitcoin worth almost $3.2 billion to two unknown addresses
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Kamala Harris closer to running against Trump as 68% Democrats pledge support
Vice President Harris has secured more than enough backing to clinch her spot as the official Democratic nominee.
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🗞 Missed the news? Here's what's happened over the last 24 hours!
🏛 Joe Biden has withdrawn from the 2024 presidential race, endorsing Kamala Harris.
📉 Overview of Kamala Harris' views on cryptocurrency.
📈 Analysts comment on market trends post-Biden's campaign exit.
🗳 Democrats have an opportunity to attract the cryptocurrency vote.
🤔 Gary Gensler's potential resignation in 2025?
🚀 Kamala Harris' meme coin $KAMA hits a new high; Biden's $BODEN token declines.
💸 A trader incurs significant losses from a high-stakes swap of $JUP for $BODEN tokens.
💼 $57 million of stolen funds from the WazirX hack has been moved.
🏦 Spot Ether ETFs get NYSE Arca clearance, await SEC’s final authorization
🌊 Bitcoin could flood the market as Mt. Gox resumes creditor repayments.
💰 Real Bedford FC acquired 66.9 $BTC at $67,220 each, totaling $4.5 million.