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Top #CryptoNews of Past 12 Hours

1️⃣
#Upbit, South Korea's largest crypto exchange, added JUP trading with KRW, BTC, and USDT pairs.

2️⃣The
#German Government transferred 1,700 BTC to address 139Po, valued at $99 million. The German government still holds 40,359 BTC ($2.3 billion).

3️⃣
#MtGox executed small transfer tests today at 12:21 UTC+8 to various addresses.

4️⃣
#UniSat, a Bitcoin infrastructure firm, completed a Pre-A round led by Binance in May.

5️⃣ Experts at 10x Research predicted
#Bitcoin could drop below $57,000, possibly reaching $50,000 soon.

6️⃣Nigeria's SEC mandated virtual asset service providers to establish local offices for regulatory compliance.

7️⃣Justin Sun offered to buy Germany's $2.3 billion Bitcoin holdings to mitigate
#Cryptomarket impact.
Top Reasons for $BTC Price Dump?

🔵U.S. economic uncertainty: Investor concerns about inflation and interest rates impact #crypto prices.

🔵#Fed's rate cut outlook: Powell's remarks dampen hopes for 2024 rate cuts.

🔵Spot #BitcoinETF outflows: Significant withdrawals from Bitcoin ETFs indicate a de-risking strategy.

🔵Long #liquidations: Increased selling pressure from liquidated long positions drives market down.

🔵Weakening market structure: Technical analysis shows declining trend and loss of crucial support level

🔵#MtGox cold wallet transfer: Created uncertainty and panic as creditors cash out.

🔵German government #BTC sale: Increased selling pressure as the German government recently sold 7,583 BTC worth $419.5 million.
BREAKING : #MtGox Begins Repayments
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
How much of your #crypto portfolio is in #Bitcoin right now?

Let us see how much German Govt and #MtGox are impacting you😀
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Top #CryptoNews of This Week

1️⃣ SEC allowed spot
#ETH #ETF issuers to start trading on July 23.

2️⃣
#MtGox poll shows 55% will not sell Bitcoin compensation received.

3️⃣Trump’s
#Bitcoin conference expected record attendance; security tightened after assassination attempt.

4️⃣
#Trump announced fourth NFT release, urged Fed to avoid rate cuts before November.

5️⃣Powell stated
#Fed won’t wait for 2% inflation before cutting rates.

6️⃣
#Vitalik opposes choosing political allies based solely on crypto support.

7️⃣a16z’s Marc Andreessen backed Trump, criticizing
#Biden’s overregulation stance.

8️⃣
#BlackRock’s Larry Fink declared Bitcoin a legitimate financial instrument.

9️⃣
#Grayscale launched Decentralized AI Fund to invest in #AI and #crypto.

🔟Indian exchange
#WazirX hacked; losses exceed $230 million with significant asset theft.
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 12 Hours

1️⃣
#OKX Jumpstart launched Matr1x (MAX), allowing $BTC or $ETH staking to mine tokens.

2️⃣On July 23,
#BitcoinETFs saw $77.97M outflow after 12 days' inflow.

3️⃣The first day of 9 spot
#ETHETFs had $107 million inflow.

4️⃣
#MtGox transferred 2,237 BTC to Bitstamp and 2,869 BTC to unmarked address.

5️⃣Unbound Fund announced a path to Portuguese/EU citizenship via €500,000 in Bitcoin.

6️⃣JD, a major Chinese e-commerce group, will issue Hong Kong dollar stablecoin on public blockchain. JD ranked first in the sandbox list of three stablecoin issuers.

7️⃣Ferrari announced on July 24 that it would expand its
#crypto payment system to its European dealer network by the end of July.

8️⃣
#Kraken faced backlash as Mt. Gox creditors claimed they hadn't received Bitcoin repayments and blamed Kraken.

9️⃣South Korea's Financial Supervisory Service summoned top five crypto exchanges over deposit fee hikes and new regulations.
Top #CryptoNews of This Week

1️⃣
#EthereumETFs had $179 million outflow in three days after a strong initial debut

2️⃣ U.S. Q2
#GDP grew 2.8%, surpassing the expected 2.0% and previous 1.4% growth rate

3️⃣ Robert Kennedy Jr. proposed buying
#BTC to match U.S. gold reserves if elected.

4️⃣ Jersey City's pension fund planned to invest in
#BitcoinETFs, following Wisconsin’s similar move.

5️⃣ Seven states opposed SEC’s
#cryptoregulation in court, arguing it bypassed Congressional authority.

6️⃣ Russia’s State Duma legalized Bitcoin mining &
#crypto use for international trade, starting September.

7️⃣
JD.com announced issuing a Hong Kong dollar #stablecoin on a public blockchain for liquidity.

8️⃣
#Worldcoin tokens for investors and team unlocked, totaling 2.38 billion WLD over four years

9️⃣
#MtGox creditors started receiving returned BTC & BCH assets,with ongoing distribution updates

🔟
#VitalikButerin published “Exploring Circle STARKs,” highlighting STARKs’ advancements and hash function optimization
Massive #Bitcoin Transfer

🔵Arkham identified a #BitGo address that received 33,105 BTC from #MtGox.

🔵This address transferred 33,023 $BTC (approximately $1.96 billion) to a new address: bc1qpn…ny7k53.

🔵The transfer occurred at 22:40 UTC+8 on August 13.

🔵Additionally, 117 BTC (around $6.96 million) was sent to OKX.

Source: https://platform.arkhamintelligence.com/explorer/address/bc1q26tsxc0ge7phvcr2kyczexqf5pcj8rk79cqk90h34c30dn9dskeq3gmw3f
Top #CryptoNews in 24 Hours

1️⃣
#Fidelity confirmed a data breach affecting over 77,000 customers.

2️⃣ SEC Commissioner Mark Uyeda called the agency's
#crypto approach a disaster.

3️⃣
#Ripple plans to file a cross-appeal against the SEC.

4️⃣
#MtGox extended its repayment deadline to October 31, 2025.

5️⃣ Ripple launched a crypto custody service for banks and fintech.

6️⃣
#Trump family's DeFi project, World Liberty Financial, to launch on Aave V3.

7️⃣ Tron founder Justin Sun appointed Prime Minister of Liberland.

8️⃣ South Korea's SEC formed a committee to evaluate Bitcoin and crypto ETFs.

9️⃣ Uniswap Labs launched a new Ethereum Layer-2 network, Unichain.

🔟 SEC accused Cumberland DRW of trading unregistered securities, risking Solana ETFs.

#Crypto #CryptoNews