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#Bitcoin achieves a record high surpassing $71,209 on #Coinbase.

🔵 Factors driving the surge include

• Increased investment in new spot Bitcoin exchange-traded funds (#ETFs) and anticipation of interest rate reductions by the US Federal Reserve.

#FED #BitcoinETF #ATH #CryptoNews
Top #CryptoNews in The Last Week

1️⃣ #FED kept Interest rates at 5.25%-5.50% for the 5th time. Predicted 2.6% core PCE inflation by 2024

2️⃣ #Bitcoin spot #ETFs saw four days of outflows. #Grayscale's GBTC had $358M outflow. BlackRock's IBIT had $233M inflow

3️⃣ SEC investigates #Ethereum transition to POS. Legal action pursued to classify Ethereum as security

4️⃣ #BlackRock launches tokenized asset fund on Ethereum.Fund backed by cash, bonds, distributed via #blockchain

5️⃣ Nigerian court orders #Binance to disclose user data to EFCC.Binance compliance chief detained in Nigeria

6️⃣ #OKX stops services in India due to regulations. Users asked to withdraw funds by April 30th

7️⃣ Do Kwon faces legal hurdles Montenegrin court orders house arrest, travel restrictions.Extradition halted

8️⃣ #MicroStrategy surpasses U.S. & China in #Bitcoin holdings,now owning 1% of total Bitcoin (#BTC)

9️⃣ SEC files opening remedies brief against #Ripple, documents currently sealed, to be redacted & released by March 26.
Breaking: South Korea's Democratic Party Election Victory Sparks Push for Crypto ETF Review

🔵 South Korea's Democratic Party aims to introduce spot #crypto funds, despite regulators' current opposition.

🔵 #Financial regulators oppose spot crypto #ETFs due to lack of legal basis.

🔵 Following an electoral victory, the party plans to push for regulatory review of banned spot #bitcoin ETFs.

🔵 In June, the party intends to request the Financial Services Commission to reconsider spot bitcoin ETFs.

#Crypto #CryptoNews
👉 T-Rex introduces new leveraged spot #Bitcoin ETFs! Get ready for 2x (double) and -2x (inverse double) exposure to Bitcoin's price movements.

👉These new #ETFs are set to challenge big players like #ProShares & #VolShares, who already boast a combined $2 billion in assets under management with their leveraged #BitcoinETFs .
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

1️⃣US Jersey City’s Mayor Steven Fulop announced the pension fund applied to invest in a Bitcoin
ETF.

2️⃣Robert F. Kennedy Jr. proposed the U.S. government buy
#Bitcoin to match its gold reserves.

3️⃣On July 25,
#ETH spot #ETFs saw $152M outflow; Grayscale’s ETHE faced $346M net outflow.

4️⃣On July 25,
#BitcoinETFs saw $31.16M inflow, while Grayscale’s GBTC had $39.59M outflow.

5️⃣SlowMist reported fake video conferencing software used in crypto thefts, including the Monoswap hack.

6️⃣Unless
#CZ's situation changed, he stayed at FCI Lompoc II, with a release date of September 29.

7️⃣BitFlyer acquired 100% of
#FTX Japan’s shares, making it a wholly-owned subsidiary, to develop new crypto services.
Source :@FarsideUK

On July 26,
#Ethereum spot #ETFs saw a total net outflow of $163 million. Specifically:

🔵#Grayscale Ethereum Trust ETF (ETHE): $356 million outflow

🔵Grayscale Mini ETF (ETH): $44.94 million inflow

🔵#BlackRock ETF (ETHA): $87.22 million inflow
Top #CryptoNews in past 12 hours

1️⃣The
#Fed's August 1 Interest rate decision has a 96% chance of no change, 85.8% cut probability as per CME markets Data

2️⃣
#Blonkfi closed its Pre-Seed round with UOB Venture Management and Signum Capital. The testnet was set for August 1.

3️⃣Last week,
#Bitcoin spot #ETFs had $535M inflows. BlackRock gained $758M; Grayscale lost $120M.

4️⃣ UK hacker Elliot Gunton, who compromised 500 Coinbase accounts, was sentenced to 3.5 years.

5️⃣Last week, digital assets had $245M inflows; Bitcoin gained $519M,
#Ethereum lost $285M.

6️⃣ The Ethereum Foundation transferred $9.16M in TKO tokens to Bitcoin Suisse after Taiko’s mainnet launch.

7️⃣
#ElonMusk criticized Democrats for "importing voters" and endorsed Trump amid immigration policy debates.