💰 Two More Sleeping Bitcoin Addresses Wake From Slumber, Moving 1,045 BTC
Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have occurred in the past 48 hours. On Saturday, an address created in December 2013 spent approximately 149.99 BTC for the first time in over a decade. On Sunday, another historic wallet from April 1, 2016, transferred 895.11 BTC, valued at $51.3 million.
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💰 $224B has flowed into this market since 2023. Government-seized #BTC contributes about $9B to the realized cap.
It's only 4% of the total cumulative realized value since 2023.
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💰 While you are scared, someone just bought $184 million worth of #Bitcoin from Coinbase 🔥
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💰 The #Bitcoin halving being explained to students at Massachusetts Institute of Technology (MIT) 🧐
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🇩🇪 German government sell-off continues, pressures Bitcoin below $58,000, lowest since May
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JUST IN: 💰 The largest US Bitcoin miner Riot Platforms increased their hash rate 50% in just one month
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💰 ETF trading volumes on decline, failing to hit $3 billion since mid-May
On July 2, Bitcoin (BTC) exchange-traded funds (ETFs) experienced their first outflow of July, as reported by Farside. The day saw a $13.7 million outflow, breaking a five-day trading streak of consecutive inflows. Leading the day’s activity was Grayscale’s GBTC, which recorded a substantial $32.4 million outflow, bringing its total net outflow to a staggering $18.5 billion.
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JUST IN: 🇨🇭 The City of Lugano, Switzerland launches "Plan ₿ Biz School" to teach student about Bitcoin
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JUST IN: 💰 Anthony Pompliano on Fox Business: The "majority of people who hold Bitcoin are not selling it when it goes down it price."
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💰 Andreas Antonopoulous gives the best explanation on how to measure the success of #Bitcoin 🎙
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NEW: 🇩🇪 Bitcoin continues to flow out of German government wallets, even on weekends 👀
They did not buy back Bitcoin yesterday; instead, not all their sell orders were filled, so the unsold Bitcoin was returned to their account.
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🐳 🐳 A dormant wallet just woke up after 10.6 years and moved 1,004 $BTC 💰 ($57M) to a new wallet.
This wallet received its $BTC in 2013 and 2014 at an average price of only $731.
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BREAKING: 🆘🪙 Mt Gox moves 47,228 BTC ($2.71 billion dollars) from cold storage to a new wallet.
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JUST IN: 💰 $BTC falls 4.2% amid potential Mt. Gox repayments. Will the $60K support hold or break?
The defunct crypto exchange may have started repaying creditors, based on a Bitcoin transfer volume chart for tokens last moved during the past seven to 10 years.
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🥇 Michael Dell is worth over $100 billion and Fox Business just told the world he’s focused on Bitcoin
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🇨🇷 Bitcoin is now accepted in over 380 businesses in Costa Rica
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🔵 Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs
Professional investors withdrew over $120 million from ether (ETH)-tracked exchange-traded products in the past two weeks, crypto firm CoinShares said in a Monday report. Such products recorded $60 million in net outflows each the past two weeks, the most since August 2022. Elsewhere, multiasset and bitcoin (BTC) ETPs recorded inflows at $18 million and $10 million, respectively, suggesting sentiment may be turning.
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