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We will never see Bitcoin below $60,000 again! - Samson Mow
Renowned crypto investor, entrepreneur, and public figure Samson Mow believes in Bitcoin's rise to a million dollars and is confident that the era when Bitcoin was below $60,000 will never return. 🤩🚀
Renowned crypto investor, entrepreneur, and public figure Samson Mow believes in Bitcoin's rise to a million dollars and is confident that the era when Bitcoin was below $60,000 will never return. 🤩🚀
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The inflow into cryptocurrency investment products from July 6 to July 12 surged from $441 million to $1.44 billion. 💰
📈 This figure became the fifth-largest in history, according to CoinShares.
👀 This happened due to the attractive low price caused by the sale of Bitcoins by the German authorities and a shift in sentiment due to the lower-than-expected Consumer Price Index in the USA, experts believe.
📈 This figure became the fifth-largest in history, according to CoinShares.
👀 This happened due to the attractive low price caused by the sale of Bitcoins by the German authorities and a shift in sentiment due to the lower-than-expected Consumer Price Index in the USA, experts believe.
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Donald Trump Still Plans to Speak at Bitcoin 2024 Conference
The conference will be held in Nashville from July 25 to 27.
Previously, there was an assassination attempt on Trump, in which he was wounded in the ear. 👂🏹
The conference will be held in Nashville from July 25 to 27.
Previously, there was an assassination attempt on Trump, in which he was wounded in the ear. 👂🏹
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🔎 Expert Tracks Stolen DMM Bitcoin Assets
Since the beginning of July, over $35 million, stolen in the May hack of the cryptocurrency exchange DMM Bitcoin, has been laundered through the Cambodian online marketplace Huione Guarantee. This was highlighted by on-chain researcher ZachXBT.
How the hackers operated:
▪️They routed the stolen bitcoins through mixers.
▪️Exchanged them for Ethereum and Avalanche via the cross-chain liquidity protocol THORChain.
▪️Converted the assets to USDT, then to Tron.
▪️Finally, the assets ended up on Huione Guarantee.
🚫 One transaction amounting to $29.6 million was blocked on July 12 when the stablecoin issuer Tether blacklisted one of the hacker's Tron wallets.
💡 ZachXBT suspects that the Lazarus Group is behind this incident due to the similarity in money laundering methods and off-chain indicators.
🔗 He also shared 538 wallets involved in the exchange hack.
Since the beginning of July, over $35 million, stolen in the May hack of the cryptocurrency exchange DMM Bitcoin, has been laundered through the Cambodian online marketplace Huione Guarantee. This was highlighted by on-chain researcher ZachXBT.
How the hackers operated:
▪️They routed the stolen bitcoins through mixers.
▪️Exchanged them for Ethereum and Avalanche via the cross-chain liquidity protocol THORChain.
▪️Converted the assets to USDT, then to Tron.
▪️Finally, the assets ended up on Huione Guarantee.
🚫 One transaction amounting to $29.6 million was blocked on July 12 when the stablecoin issuer Tether blacklisted one of the hacker's Tron wallets.
💡 ZachXBT suspects that the Lazarus Group is behind this incident due to the similarity in money laundering methods and off-chain indicators.
🔗 He also shared 538 wallets involved in the exchange hack.
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Trading of Spot Ethereum ETFs Expected to Begin on July 23
According to Reuters, the Securities and Exchange Commission (SEC) has informed issuers that spot Ethereum ETFs will be registered on Monday and start trading on Tuesday, July 23.💰🚀
At least three of the eight issuers have already received preliminary approval. The rest are expected to submit final documents by the end of this week.📝
All eight ETFs are anticipated to launch simultaneously.
The previous date for the launch of the Ethereum ETF was July 18. 👀
According to Reuters, the Securities and Exchange Commission (SEC) has informed issuers that spot Ethereum ETFs will be registered on Monday and start trading on Tuesday, July 23.💰🚀
At least three of the eight issuers have already received preliminary approval. The rest are expected to submit final documents by the end of this week.📝
All eight ETFs are anticipated to launch simultaneously.
The previous date for the launch of the Ethereum ETF was July 18. 👀
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Mt.Gox Springs into Action 👀
💰 Mt.Gox has started moving its bitcoins. Two transactions were sent to two different wallets, each containing 47.229 k and 48.641 k BTC ($6 billion in total).
Amidst the FUD, the price of bitcoin dropped from $65k to $62,500. 📉
💰 Mt.Gox has started moving its bitcoins. Two transactions were sent to two different wallets, each containing 47.229 k and 48.641 k BTC ($6 billion in total).
Amidst the FUD, the price of bitcoin dropped from $65k to $62,500. 📉
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Possible Future US Vice President J.D. Vance, a candidate backed by Donald Trump, holds 6% of his investment portfolio in Bitcoin (through the Fidelity Wise Origin Bitcoin Fund, FBTC). 💪
👀 The chances of J.D. Vance becoming the US Vice President are 54% (according to the betting platform Polymarket).
👀 The chances of J.D. Vance becoming the US Vice President are 54% (according to the betting platform Polymarket).
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🕵🏻♀️ Analysts at Arkham believe that one of the wallets that received bitcoins from Mt. Gox today belongs to the cryptocurrency exchange Kraken.
👀 This morning, 48,641 BTC ($3.10 billion) were sent to this address and remain unspent. Another 43,114 BTC, worth $2.74 billion, that were moved today are still under the control of the Mt. Gox trustee in two wallets.
🐙 Kraken has already sent emails to Mt. Gox creditors, informing them that the coins will be credited to their accounts within 7 to 14 days.
Meanwhile, an official announcement from Mt. Gox Trustee Nobuaki Kobayashi states that BTC and BCH have already been returned to 13,000 clients of the bankrupt exchange. 🧐
👀 This morning, 48,641 BTC ($3.10 billion) were sent to this address and remain unspent. Another 43,114 BTC, worth $2.74 billion, that were moved today are still under the control of the Mt. Gox trustee in two wallets.
🐙 Kraken has already sent emails to Mt. Gox creditors, informing them that the coins will be credited to their accounts within 7 to 14 days.
Meanwhile, an official announcement from Mt. Gox Trustee Nobuaki Kobayashi states that BTC and BCH have already been returned to 13,000 clients of the bankrupt exchange. 🧐
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Still Afraid of a Massive BTC Sell-Off from Mt. Gox?
👀 Let's compare the realized market capitalization of Mt. Gox's bitcoins with the total realized capitalization of BTC.
💰 Realized Market Capitalization is the value of all coins at their last sale price. This metric helps measure market liquidity quality.
🔹 Mt. Gox Realized Market Cap: This represents the value of bitcoins held by Mt. Gox, calculated based on the last transaction prices before the infamous hack and bankruptcy.
🔹 Total BTC Realized Market Cap: This is the sum of the realized values of all bitcoins in existence, reflecting their market history and the liquidity of the overall BTC market.
Why It Matters? 🧐
📈 Market Impact: The potential sale of Mt. Gox's BTC can influence market prices, but the impact depends on its proportion to the total market.
💧 Liquidity Insight: Understanding the realized cap of Mt. Gox's holdings versus the entire BTC market provides insight into the possible effects on liquidity and market stability.
👀 Let's compare the realized market capitalization of Mt. Gox's bitcoins with the total realized capitalization of BTC.
💰 Realized Market Capitalization is the value of all coins at their last sale price. This metric helps measure market liquidity quality.
🔹 Mt. Gox Realized Market Cap: This represents the value of bitcoins held by Mt. Gox, calculated based on the last transaction prices before the infamous hack and bankruptcy.
🔹 Total BTC Realized Market Cap: This is the sum of the realized values of all bitcoins in existence, reflecting their market history and the liquidity of the overall BTC market.
Why It Matters? 🧐
📈 Market Impact: The potential sale of Mt. Gox's BTC can influence market prices, but the impact depends on its proportion to the total market.
💧 Liquidity Insight: Understanding the realized cap of Mt. Gox's holdings versus the entire BTC market provides insight into the possible effects on liquidity and market stability.
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Donald Trump stated that the USA should lead the global cryptocurrency race ahead of China or any other country.🇺🇸🚀
He also announced the release of his fourth NFT collection. 🧐
He also announced the release of his fourth NFT collection. 🧐
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American spot ETFs purchased 6,470 bitcoins worth approximately $422 million during the trading session on July 16. Of this, $260 million was attributed to BlackRock's IBIT fund. Capital inflows into these funds have continued for 8 consecutive trading days. 💰
📈 The price of bitcoin reached $66,000 on the night of July 17, surging by more than $10,000 after a dip earlier in the month.
📈 The price of bitcoin reached $66,000 on the night of July 17, surging by more than $10,000 after a dip earlier in the month.
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🇩🇪 The German government has issued an official statement for the first time regarding the sale of 50,000 confiscated bitcoins. 💰
Previously, all sales were reported exclusively by third-party analysts based on wallet data. 🔍
👀 According to the statement, 90% of the coins were sold through over-the-counter transactions without directly affecting the market price. 📉
💵 The bitcoin sales were conducted under the so-called emergency sale as per the relevant article of the criminal code. The bitcoins were confiscated from the operators of the pirate site movie2k.
By law, if there is a risk of losing 10% or more of the confiscated asset's value, it must be sold even if the criminal proceedings are not completed. 🤔
The revenue from the bitcoin sale amounted to €2.64 billion. These funds will be added to the budget only after the final conclusion of the criminal proceedings.
Previously, all sales were reported exclusively by third-party analysts based on wallet data. 🔍
👀 According to the statement, 90% of the coins were sold through over-the-counter transactions without directly affecting the market price. 📉
💵 The bitcoin sales were conducted under the so-called emergency sale as per the relevant article of the criminal code. The bitcoins were confiscated from the operators of the pirate site movie2k.
By law, if there is a risk of losing 10% or more of the confiscated asset's value, it must be sold even if the criminal proceedings are not completed. 🤔
The revenue from the bitcoin sale amounted to €2.64 billion. These funds will be added to the budget only after the final conclusion of the criminal proceedings.
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US Senator Who Criticized Bitcoin Found Guilty of Corruption
Bob Menendez, a Democratic senator from New Jersey who called the first cryptocurrency "the perfect choice for criminals," has been found guilty of accepting bribes in cash and gold bars. 😁
📺 According to NBC News, the jury agreed on all 16 counts, including bribery, extortion, acting as a foreign agent, obstruction of justice, and various conspiracy charges.
Bob Menendez, a Democratic senator from New Jersey who called the first cryptocurrency "the perfect choice for criminals," has been found guilty of accepting bribes in cash and gold bars. 😁
📺 According to NBC News, the jury agreed on all 16 counts, including bribery, extortion, acting as a foreign agent, obstruction of justice, and various conspiracy charges.
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🚨 WazirX Exchange Hacked! 🚨
🇮🇳 The Indian exchange WazirX was hacked through a compromised multi-signature ETH wallet.
💰 Assets worth $234.9 million were transferred to a new address. The initiating party for each transaction was funded through the Tornado Cash mixer. 🌪
The hacker has already swapped $PEPE, $GALA, and $USDT to $ETH and continues converting other digital assets. 🙀
🇮🇳 The Indian exchange WazirX was hacked through a compromised multi-signature ETH wallet.
💰 Assets worth $234.9 million were transferred to a new address. The initiating party for each transaction was funded through the Tornado Cash mixer. 🌪
The hacker has already swapped $PEPE, $GALA, and $USDT to $ETH and continues converting other digital assets. 🙀
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😂 Meet the new cool crypto tickers: LMBO and REKT!
👀 ETF provider Direxion decided to have a little fun with us and launched two new funds to track the cryptocurrency market. The bullish fund is called LMBO (Laughing My Bitcoin Off), and the bearish one is REKT (Realizing Everyone's Kryptos Toast).
Now you can not only invest in crypto but also laugh at your investments! 💸📉
Join the fun and decide whether you want to laugh or feel "rekt." 😆👉
👀 ETF provider Direxion decided to have a little fun with us and launched two new funds to track the cryptocurrency market. The bullish fund is called LMBO (Laughing My Bitcoin Off), and the bearish one is REKT (Realizing Everyone's Kryptos Toast).
Now you can not only invest in crypto but also laugh at your investments! 💸📉
Join the fun and decide whether you want to laugh or feel "rekt." 😆👉
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🚀 TON developers will build a bridge to Bitcoin
💎 The TON Foundation, the organization behind The Open Network (TON) blockchain, has announced the launch of a cross-chain bridge to transfer bitcoins to their platform.
👀 What does this mean?
TON Teleport BTC aims to engage Bitcoin holders in DeFi activities. This infrastructure will allow interaction with decentralized exchanges, lending platforms, and other applications within the TON ecosystem. 🧐
Each BTC on TON will be backed by real Bitcoin through a teleportation process to ensure transaction security.
🚀 The launch of TON Teleport BTC is expected later this year.
💎 The TON Foundation, the organization behind The Open Network (TON) blockchain, has announced the launch of a cross-chain bridge to transfer bitcoins to their platform.
👀 What does this mean?
TON Teleport BTC aims to engage Bitcoin holders in DeFi activities. This infrastructure will allow interaction with decentralized exchanges, lending platforms, and other applications within the TON ecosystem. 🧐
Each BTC on TON will be backed by real Bitcoin through a teleportation process to ensure transaction security.
🚀 The launch of TON Teleport BTC is expected later this year.
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