Mt. Gox Begins Minor Bitcoin Transfers, Prepares for Major Repayments
Mt. Gox, once a leading cryptocurrency exchange, has initiated minor Bitcoin transactions as part of its preparation for substantial customer repayments. According to Arkham Intelligence, a wallet linked to Mt. Gox transferred 0.021 Bitcoin to Bitstamp, an exchange designated for creditor repayments. Steps Toward Major Repayments This recent transfer indicates...
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Mt. Gox, once a leading cryptocurrency exchange, has initiated minor Bitcoin transactions as part of its preparation for substantial customer repayments. According to Arkham Intelligence, a wallet linked to Mt. Gox transferred 0.021 Bitcoin to Bitstamp, an exchange designated for creditor repayments. Steps Toward Major Repayments This recent transfer indicates...
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SEC's Private Meeting May Lead to Ripple Lawsuit Resolution
The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has the crypto industry abuzz with speculation about a potential resolution. The SEC’s closed meeting on July 25 has fueled these rumors, as the agenda includes topics like “Institution and settlement of administrative proceedings” and “Resolution...
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The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has the crypto industry abuzz with speculation about a potential resolution. The SEC’s closed meeting on July 25 has fueled these rumors, as the agenda includes topics like “Institution and settlement of administrative proceedings” and “Resolution...
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Massive Solana Transfer to Binance: What It Means for SOL Price
In a significant development for Solana (SOL), Whale Alert has detected a major transfer of 196,068 SOL, worth approximately $35.17 million, from an unknown wallet to the cryptocurrency exchange Binance. This large transaction has raised speculation about a potential sell-off, as crypto whales typically move large amounts of assets to...
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In a significant development for Solana (SOL), Whale Alert has detected a major transfer of 196,068 SOL, worth approximately $35.17 million, from an unknown wallet to the cryptocurrency exchange Binance. This large transaction has raised speculation about a potential sell-off, as crypto whales typically move large amounts of assets to...
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Grayscale Moves $1B Ethereum to Coinbase Prime Ahead of ETF Launch
Following the transaction, some market participants speculated that Grayscale might be planning a sell-off to reinvest in other cryptocurrencies like Solana. However, Jon Campagna, managing partner at Nexyst Digital, dismissed these claims. He clarified that Grayscale's move was to allocate 10% of its Grayscale Ethereum Trust (ETHE) holdings into its...
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Following the transaction, some market participants speculated that Grayscale might be planning a sell-off to reinvest in other cryptocurrencies like Solana. However, Jon Campagna, managing partner at Nexyst Digital, dismissed these claims. He clarified that Grayscale's move was to allocate 10% of its Grayscale Ethereum Trust (ETHE) holdings into its...
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Bitcoin Could Reach $90,000: Analyst Predicts Bullish Surge
Crypto analyst RLinda has made a bullish prediction for Bitcoin, suggesting the flagship cryptocurrency could soon reach a new all-time high of $90,000. In a recent post on TradingView, she outlined both fundamental and technical reasons supporting this potential price growth. Fundamental Factors RLinda highlighted several fundamental factors that could...
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Crypto analyst RLinda has made a bullish prediction for Bitcoin, suggesting the flagship cryptocurrency could soon reach a new all-time high of $90,000. In a recent post on TradingView, she outlined both fundamental and technical reasons supporting this potential price growth. Fundamental Factors RLinda highlighted several fundamental factors that could...
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Shiba Inu Burn Rate Spikes Despite Price Decline
Shiba Inu (SHIB) has experienced a notable increase in its burn rate, even as the broader crypto market reacts to the Ethereum ETF launch announcement. According to data from Shibburn, the burn rate for SHIB tokens jumped by 482% in the past 24 hours, with 60,380,203 SHIB burnt, contributing to...
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Shiba Inu (SHIB) has experienced a notable increase in its burn rate, even as the broader crypto market reacts to the Ethereum ETF launch announcement. According to data from Shibburn, the burn rate for SHIB tokens jumped by 482% in the past 24 hours, with 60,380,203 SHIB burnt, contributing to...
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Elon Musk Praises AI Advances with xAI's Memphis Supercluster
Elon Musk recently praised significant strides in artificial intelligence made by Tesla and his generative AI company, xAI. During Tesla’s second-quarter earnings call, Musk highlighted that Tesla engineers have placed the company at the forefront of AI and robotics development. Leading in AI and Robotics embedhttps://youtu.be/ktkCRVxTuEI/embed Musk emphasized that Tesla’s...
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Elon Musk recently praised significant strides in artificial intelligence made by Tesla and his generative AI company, xAI. During Tesla’s second-quarter earnings call, Musk highlighted that Tesla engineers have placed the company at the forefront of AI and robotics development. Leading in AI and Robotics embedhttps://youtu.be/ktkCRVxTuEI/embed Musk emphasized that Tesla’s...
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Ferrari to Accept Cryptocurrency Payments in Europe by End of July
Luxury sports car manufacturer Ferrari is set to begin accepting cryptocurrency payments from its European dealers by the end of July, aiming to meet the evolving preferences of its clientele. This expansion follows a successful launch in the United States less than a year ago. Partnership with Bitpay In the...
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Luxury sports car manufacturer Ferrari is set to begin accepting cryptocurrency payments from its European dealers by the end of July, aiming to meet the evolving preferences of its clientele. This expansion follows a successful launch in the United States less than a year ago. Partnership with Bitpay In the...
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Ether Expected to Hit $4,000 Amid ETF Momentum
Crypto analysts are forecasting a significant price surge for Ether (ETH), anticipating it to hit $4,000 in the next couple of weeks. This bullish prediction comes as the momentum builds from the launch of Ether spot exchange-traded funds (ETFs). Key Buy Zones Identified According to pseudonymous crypto trader Sheldon The...
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Crypto analysts are forecasting a significant price surge for Ether (ETH), anticipating it to hit $4,000 in the next couple of weeks. This bullish prediction comes as the momentum builds from the launch of Ether spot exchange-traded funds (ETFs). Key Buy Zones Identified According to pseudonymous crypto trader Sheldon The...
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Peter Schiff Criticizes Bitcoin as Treasury Reserve Asset Proposal
Economist Peter Schiff has slammed Bitcoin (BTC) investors' expectations that the cryptocurrency could be designated as a strategic reserve asset by former President Donald Trump. Schiff compared this hope to political vote-buying tactics, similar to President Joe Biden's promise to forgive student loans to gain votes. Bitcoin and Political Maneuvering...
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Economist Peter Schiff has slammed Bitcoin (BTC) investors' expectations that the cryptocurrency could be designated as a strategic reserve asset by former President Donald Trump. Schiff compared this hope to political vote-buying tactics, similar to President Joe Biden's promise to forgive student loans to gain votes. Bitcoin and Political Maneuvering...
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India to Release Crypto Policy Discussion Paper Before September 2024
India is set to release a discussion paper on its cryptocurrency policy before September 2024. According to Department of Economic Affairs (DEA) Secretary Ajay Seth, the paper aims to foster a consensus among stakeholders rather than introducing immediate regulations. This inter-ministerial group includes the Reserve Bank of India (RBI), the...
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India is set to release a discussion paper on its cryptocurrency policy before September 2024. According to Department of Economic Affairs (DEA) Secretary Ajay Seth, the paper aims to foster a consensus among stakeholders rather than introducing immediate regulations. This inter-ministerial group includes the Reserve Bank of India (RBI), the...
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Virtual Currency Tax Fairness Act Reintroduced in Senate
The Virtual Currency Tax Fairness Act, reintroduced in the Senate with bipartisan support, aims to create a de minimis exemption from capital gains tax for small cryptocurrency transactions. This initiative, similar to the existing exemption for foreign currency, is a significant step towards making everyday crypto transactions more practical. Coin...
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The Virtual Currency Tax Fairness Act, reintroduced in the Senate with bipartisan support, aims to create a de minimis exemption from capital gains tax for small cryptocurrency transactions. This initiative, similar to the existing exemption for foreign currency, is a significant step towards making everyday crypto transactions more practical. Coin...
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Spot Ethereum ETFs Launch Causes Market Dip, Analysts Remain Cautious
The recent launch of spot Ethereum exchange-traded funds (ETFs) has triggered a noticeable market reaction, with Ethereum (ETH) prices dropping by 6%. Traders are increasingly shorting ETH, leading to a rise in open interest as prices decline. The launch has sparked concerns among analysts about its timing and potential effects...
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The recent launch of spot Ethereum exchange-traded funds (ETFs) has triggered a noticeable market reaction, with Ethereum (ETH) prices dropping by 6%. Traders are increasingly shorting ETH, leading to a rise in open interest as prices decline. The launch has sparked concerns among analysts about its timing and potential effects...
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Shiba Inu Sees 3% Price Rise Amidst Increased Shibarium Activity
The past 24 hours have been dynamic for the cryptocurrency market, with Shiba Inu (SHIB) experiencing a 3% price rise, placing it around $0.0000167, according to CoinGecko. This positive trend aligns with increased activity on the Shibarium network, including a 15% rise in new daily transactions, totaling nearly 6,000, and...
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The past 24 hours have been dynamic for the cryptocurrency market, with Shiba Inu (SHIB) experiencing a 3% price rise, placing it around $0.0000167, according to CoinGecko. This positive trend aligns with increased activity on the Shibarium network, including a 15% rise in new daily transactions, totaling nearly 6,000, and...
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Dogecoin Could See Massive Surge with First Golden Cross in 4 Years
Crypto analyst Kevin, formerly known as OG Yomi, has made a bullish prediction for Dogecoin (DOGE). In a recent post on X (formerly Twitter), Kevin suggested that Dogecoin could replicate its 2021 bull run, where it experienced an 18,000% price gain. According to his analysis, DOGE is two to three...
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Crypto analyst Kevin, formerly known as OG Yomi, has made a bullish prediction for Dogecoin (DOGE). In a recent post on X (formerly Twitter), Kevin suggested that Dogecoin could replicate its 2021 bull run, where it experienced an 18,000% price gain. According to his analysis, DOGE is two to three...
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VanEck CEO Holds Over 30% of His Portfolio in Bitcoin, Predicts $2.9M BTC by 2050
At the 2024 Bitcoin Conference in Nashville, Tennessee, Jan van Eck, CEO of global asset manager and Bitcoin ETF issuer VanEck, made a noteworthy revelation about his personal Bitcoin holdings. Van Eck stated that he owns “well over 30%” of his portfolio in Bitcoin, underscoring his strong belief in the...
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At the 2024 Bitcoin Conference in Nashville, Tennessee, Jan van Eck, CEO of global asset manager and Bitcoin ETF issuer VanEck, made a noteworthy revelation about his personal Bitcoin holdings. Van Eck stated that he owns “well over 30%” of his portfolio in Bitcoin, underscoring his strong belief in the...
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Bitcoin's Path to $80,000: Key Levels and Timeline
Recent technical analysis suggests Bitcoin (BTC) is on track to reach a new all-time high above $80,000 if it maintains its current rally. Insights from Stockmoney Lizards, shared in a tweet on July 26, outline a roadmap for Bitcoin's price movement, predicting rapid growth once certain conditions are met. According...
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Recent technical analysis suggests Bitcoin (BTC) is on track to reach a new all-time high above $80,000 if it maintains its current rally. Insights from Stockmoney Lizards, shared in a tweet on July 26, outline a roadmap for Bitcoin's price movement, predicting rapid growth once certain conditions are met. According...
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Trump Promises to Make US a Bitcoin Superpower if Re-Elected
Former President Donald Trump declared that he would transform the United States into a “bitcoin superpower” if re-elected, addressing cryptocurrency enthusiasts in Nashville, Tennessee. He criticized the current administration for its regulatory stance, promising that "Joe Biden and Kamala Harris’ anticrypto crusade will be over '' once he takes office....
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Former President Donald Trump declared that he would transform the United States into a “bitcoin superpower” if re-elected, addressing cryptocurrency enthusiasts in Nashville, Tennessee. He criticized the current administration for its regulatory stance, promising that "Joe Biden and Kamala Harris’ anticrypto crusade will be over '' once he takes office....
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Bitcoin Surges Past $69,000 Amid Strong Bullish Momentum
Bitcoin recently surged past $69,000, maintaining this level for a few minutes before softening to $68,764 at press time. This surge was supported by the 50-hour and 200-hour moving averages, which are currently at $66,951 and $68,075, respectively. These averages are crucial support levels that helped Bitcoin's price stay above...
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Bitcoin recently surged past $69,000, maintaining this level for a few minutes before softening to $68,764 at press time. This surge was supported by the 50-hour and 200-hour moving averages, which are currently at $66,951 and $68,075, respectively. These averages are crucial support levels that helped Bitcoin's price stay above...
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Crypto Projects Set to Unlock Nearly $1.5 Billion in Tokens This August
Nearly $1.5 billion in tokens from major crypto projects are set to be unlocked in August, with 1 billion XRP tokens—worth $609 million at current prices—comprising a significant portion of this total on August 1. Ripple, the firm behind the XRP Ledger and the native token XRP, has consistently unlocked...
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Nearly $1.5 billion in tokens from major crypto projects are set to be unlocked in August, with 1 billion XRP tokens—worth $609 million at current prices—comprising a significant portion of this total on August 1. Ripple, the firm behind the XRP Ledger and the native token XRP, has consistently unlocked...
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