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Cryptocurrency Inside
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💰 “You could think of [Bitcoin] as a city that’s 276 blocks high, 276 blocks wide, 276 blocks deep. That is the integer cube root of 21 million.” - Michael Saylor

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🇺🇸 US spot Bitcoin ETF balances have hit a new all-time high of more than 900,636 BTC 🚀

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⚡️TON is catching up with Solana

•According to official data from Tether, TON, having overtaken NEAR, took 5th place among all blockchains in terms of the number of USDT issued on them.

•The network was able to achieve this in just a couple of months after the official launch of the stablecoin on it.

•At the moment, the difference between Solana and TON is only $110 million USDT.

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HISTORY: 💰 Hillary Clinton believes Bitcoin can destabilize countries

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JUST IN: 💰 Retail Bitcoin demand plunges to 3-year low❗️

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JUST IN: 🇯🇵 Metaplanet has purchased an additional ~20.38 #bitcoin for ¥200 million at an average price of ¥9,813,061 per $BTC 🔥

As of July 22, Metaplanet holds ~245.99 bitcoin acquired for ¥2.45 billion at an average price of ¥9,959,687 per $BTC.

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ICYMI: 💰 Publicly traded gaming company Boyaa bought $45M in #Bitcoin for its treasury 👀

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🔥 JUST IN: CNBC discusses the idea of the U.S. potentially holding #Bitcoin💰 as a reserve currency under Donald Trump 🇺🇸

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💰 BlackRock’s #Bitcoin ETF has surpassed the Nasdaq-tracking ETF, QQQ, in year-to-date flows

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🔵 Ethereum ETFs reached $300 million in volume in the first hour of trading!

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JUST IN: 🏦 Kraken has started distributing Mt Gox coins

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💰 "Buying Bitcoin under $0.1M is the opportunity of a lifetime."

- Samson Mow

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NEW: 💰 Bitcoin 2024 Conference CEO is in talks with Kamala Harris campaign for her to speak at the event.

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⚡️ Kamala Harris will be speaking at the Bitcoin 2024 conference where Trump will also be a speaker!

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🪙 DAY ONE for ETH ETFs, who did $1b in total volume, which is 23% of what the spot bitcoin ETFs did on their first day.

$ETHA did 25% of $IBIT's volume. The gap between $ETHE and The Newborn Eight is +$625m (a sizable chunk of which *should* convert to inflow) — link

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⚡️First day of trading in Ethereum-ETF. results

✔️Cumulative trading volume: $1.11 billion.

✔️Net capital inflow to all funds (receipts minus outflows): $106.8 million.

✔️Leader in funds inflow: iShares Ethereum Trust ETF from BlackRock - $266.5 million.

The outflow of funds is expected to stop from Grayscale's $484 million fund. The difference between its ETF is that it was not created from scratch, but is a transformation of a trust fund that has existed for years, which at the time of launch had accumulated almost $11 billion in ETH coins.

The commission in this fund is noticeably higher than that of competing companies. A similar scenario was observed in the company's new funds in January.

By comparison, inflows slowed to $75.7 million on the first day of trading for the investment-based ETF in January. BlackRock's ETF received $111 million in capital on its first day.

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NEW: 🇯🇵 Metaplanet partners with Hoseki to verify $BTC holdings

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