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Top #CryptoNews in Past 12 Hours

🔵German MP Joana Cotar criticized the government for selling
#Bitcoin, fearing it would destabilize markets.

🔵Taiwan Mobile Co., Ltd., Taiwan's second largest telecom operator, applied and opened its own cryptocurrency exchange.

🔵On July 5, 2024,
#MtGox's Rehabilitation Trustee repaid some creditors in Bitcoin and Bitcoin Cash.

🔵
#Coinbase argued in a recent letter to a district court judge that accessing SEC Chair Gary Gensler's private communications was crucial for their defense.

🔵Mt. Gox transferred 47,229 Bitcoin, valued at $2.71 billion, to a new wallet address.
Top #CryptoNews This Week

1️⃣
#Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.

2️⃣
#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5

3️⃣
#Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues

4️⃣ U.S. Marshals Service partnered with
#Coinbase Prime for custody and trading of digital assets

5️⃣ Bloomberg analyst predicted
#EthereumETF might start trading around July 15 after resubmissions

6️⃣ German lawmaker criticized the government for selling $195 million in
#Bitcoin, causing market volatility

7️⃣
#Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1

8️⃣
#Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3

9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services

🔟
#Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality
Top #CryptoNews in Past 12 Hours

1️⃣
#Polychain accused former employee Niraj Pant of a secret deal with Eclipse Labs over token allocation.

2️⃣
#Coinbase listed Stader (SD), the core cryptocurrency of Stader Labs, which surged 56% in 24 hours.

3️⃣ On July 9,
#BitcoinETFs saw a $216M net inflow, with Grayscale outflowing $37M.

4️⃣A Paradigm-funded poll showed 13% of anti-Trump Republicans shifted due to his crypto support.

5️⃣On July 10th, the German government sold Bitcoin, transferring 1,250 BTC to Kraken and
Coinbase. currently it holds 13,110 BTC in wallet

6️⃣ On july 9 hearing Judge Jackson concluded discovery in the
#Binance vs US SEC case, final submissions due July 29.
Top #CryptoNews in Past 12 Hours

1️⃣On July 11,
#Bitcoin spot #ETFs saw $78.9343m net inflow; Grayscale had $37.6929m outflow. BTC trading below $57K

2️⃣On July 12, Germany sold 1,200 BTC to
#Bitstamp, #Kraken, and #Coinbase, 400 each. Currently Holds 6.14K BTC.

3️⃣Jayson Hobby resigned as
#Compound CEO, launching Legend with Geoffery Hayes and Mykel Pereira.

4️⃣
#Genesis Trading sent 12k BTC to Coinbase during bankruptcy liquidation, holding 33k BTC now.

5️⃣On July 12,
#Biden confirmed at his press conference that he would continue campaigning for the 2024 elections.

6️⃣The UK Law Commission suggested integrating
#DAOs into existing legal and tax frameworks, avoiding separate regulations.
Top #CryptoNews in Past 12 Hours

1️⃣
#cryptoexchange Gate stopped serving Japan from July 22, 2024, aiding compliance with local regulations.

2️⃣ The SEC approved Ethereum spot ETFs, starting trading Today at 9:30AM (New Jersey time) July 23, with $4 billion inflow expected.

3️⃣ The U.S. Government transferred 58.742 BTC to
#Coinbase, seized from Ryan Farace’s funds.

4️⃣
#Bitwise announced to donate 10% of Ethereum spot ETF profits to support Ethereum open source developers.

5️⃣ L2 project
Zircuit completed its Mainnet funding round with Mirana Ventures, boosting ecosystem growth and activity.

6️⃣
#MtGox transferred $2.8 billion in Bitcoin on July 23, part of its repayment plan.
Top #CryptoNews in Past 12Hours

1️⃣
#Coinbase earned $1.45 billion and $596 million #EBITDA in Q2. Transaction revenue fell 27%.

2️⃣Under
#MiCA pressure, #Bybit ceased services in France, liquidating positions by August 13.

3️⃣
#Genesis Trading transferred 40,000 ETH worth $126.68 million, likely for bankruptcy liquidation.

4️⃣
#MicroStrategy held 226,500 bitcoins worth $14.4 billion and planned to raise $2 billion to buy more BTC.

5️⃣On August 1, Ethereum spot ETF saw $26.75M inflow; Grayscale had $78M outflow.

6️⃣
#AEVO dropped from $3.7 to $0.44; OKX founder criticized token release practices.

7️⃣On August 1,
#BitcoinETFs saw $50.64M net inflow; Grayscale had $71.33M outflow.

8️⃣YouHodler analyst Ruslan Lienkha said Harris's rising election chances could have negatively affected
#Bitcoin’s price.
Top #CryptoNews in Past 12 Hours

1️⃣
#Coinbase added #ZetaChain and Across Protocol to its listing roadmap.

2️⃣
#Alameda sent 205.38k WLD to Binance, marking their first CEX transfer.

3️⃣
#OKX closed accounts linked to Tornado Cash, enforcing strict sanctions compliance.

4️⃣
#Tether plans to double its staff to 200 in the next year, enhancing compliance and monitoring illegal activities.

5️⃣ On August 8,
#Bitcoin spot ETFs saw $193M inflow, despite Grayscale's $183M outflow.

6️⃣ On August 8,
#Ethereum spot ETFs saw a $2.8737M net outflow overall.

7️⃣
#Grayscale Research anticipated Bitcoin's rebound to all-time highs if recession is avoided.

8️⃣ Turkey revealed 47 crypto companies seeking licenses, including Bitfinex and
#Binance TR.

9️⃣On Aug. 9, 32,000
$BTC options and 206,000 $ETH options were set to expire.
The Network School by Balaji Srinivasan

🔵New University: Balaji Srinivasan, #Coinbase's first CTO, is launching "The Network School" on an island near Singapore.

🔵Core Focus: The school focuses on Learning, Wellness (Burn), Earning, and Fun.

🔵Opportunity for "Dark Talent": It aims to educate talented individuals ("Dark Talent") overlooked by traditional systems.

🔵Island Setting: The university offers a unique, immersive learning environment.

Source: https://x.com/balajis/status/1824533037780201580

#crypto #cryptonews
August’s web traffic of Top Exchanges!

🔹#Binance led with 53M visits in August, despite a 1.5% drop, while #MEXC saw a remarkable 160% increase, reaching 16M visits🔥.

🔹#Coinbase experienced a 4.6% drop, while BYBIT, Bitget, and HTX saw declines of 12%, 10%, and a substantial 44%, respectively.

🔹In contrast, http://Gate.io, Whitebit, and Bitmart enjoyed notable gains of 24%, 66%, and 15%, respectively.

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