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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Vitalik Buterin, the co-founder of Ethereum, argues that supporting politicians just because they are "pro-crypto" can lead to ignoring the broader values that brought people into the crypto space in the first place. 🧐
🥷 He reminds us that the cypherpunk movement, which inspired the creation of cryptocurrencies, was about much more than just money. It emphasized freedom, decentralization, and open technology to protect individual liberties. 🗽
👀 Buterin highlights that focusing only on the right to trade coins can overlook other important freedoms like privacy of communication, digital identity, and access to information. Moreover, a politician's support for crypto now doesn’t guarantee their stance won't change in the future. ⏳
He advises the community not to stand with crypto-as-in-cryptocurrency but to stand with the deeper underlying goals of freedom and decentralization. It's crucial to ensure that the politicians supported align with these broader values, not just with short-term crypto gains.
🥷 He reminds us that the cypherpunk movement, which inspired the creation of cryptocurrencies, was about much more than just money. It emphasized freedom, decentralization, and open technology to protect individual liberties. 🗽
👀 Buterin highlights that focusing only on the right to trade coins can overlook other important freedoms like privacy of communication, digital identity, and access to information. Moreover, a politician's support for crypto now doesn’t guarantee their stance won't change in the future. ⏳
He advises the community not to stand with crypto-as-in-cryptocurrency but to stand with the deeper underlying goals of freedom and decentralization. It's crucial to ensure that the politicians supported align with these broader values, not just with short-term crypto gains.
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🚀 Polymarket Bets Surge on Biden Withdrawing from Presidential Race!
📈 On the crypto platform Polymarket, bets have surged on Joe Biden possibly withdrawing from the U.S. presidential race. The betting pool has now reached nearly $17 million, with 62% betting on this outcome.
🦠 Biden has contracted COVID-19 again and will be self-isolating.
💬 Additionally, Biden voiced frustration with Elon Musk and his "rich buddies," accusing them of "trying to buy the election."
📉 Bets on Biden withdrawing hit 75% after his debates with Trump, dropped to 36%, and are now surging again.
📈 On the crypto platform Polymarket, bets have surged on Joe Biden possibly withdrawing from the U.S. presidential race. The betting pool has now reached nearly $17 million, with 62% betting on this outcome.
🦠 Biden has contracted COVID-19 again and will be self-isolating.
💬 Additionally, Biden voiced frustration with Elon Musk and his "rich buddies," accusing them of "trying to buy the election."
📉 Bets on Biden withdrawing hit 75% after his debates with Trump, dropped to 36%, and are now surging again.
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Mt.Gox Creditors Under Attack! 🚨
Clients of the bankrupt Mt.Gox exchange have reported mass attempts to breach their accounts on the subreddit r/mtgoxinsolvency. Hackers are trying to access accounts using brute force methods, but two-factor authentication (2FA) is stopping them. 👀
These hacking attempts occurred after the trustee team sent Mt.Gox crypto assets to Kraken for compensation payouts. 💰
One user speculated that the attackers might have a list of Mt.Gox email addresses and are trying to brute-force them, a method used in the past. 🪓
🥷 There are suspicions of a data leak from the platform or a system malfunction. Some users also reported a slowdown in the Mt.Gox website's performance, which is currently down for maintenance.
Clients of the bankrupt Mt.Gox exchange have reported mass attempts to breach their accounts on the subreddit r/mtgoxinsolvency. Hackers are trying to access accounts using brute force methods, but two-factor authentication (2FA) is stopping them. 👀
These hacking attempts occurred after the trustee team sent Mt.Gox crypto assets to Kraken for compensation payouts. 💰
One user speculated that the attackers might have a list of Mt.Gox email addresses and are trying to brute-force them, a method used in the past. 🪓
🥷 There are suspicions of a data leak from the platform or a system malfunction. Some users also reported a slowdown in the Mt.Gox website's performance, which is currently down for maintenance.
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The SEC has approved applications from Grayscale and ProShares to launch ETH-ETFs!
👀 The SEC has approved applications to launch a mini-ETF based on Ethereum from Grayscale and an exchange-traded fund from ProShares.
💰🚀 Trading of these instruments is expected to start on July 23 — by this date, other issuers of spot ETH-ETFs will have fully complied with the SEC's requirements.
The products do not currently include staking, but this may change in the future.🤔
👀 The SEC has approved applications to launch a mini-ETF based on Ethereum from Grayscale and an exchange-traded fund from ProShares.
💰🚀 Trading of these instruments is expected to start on July 23 — by this date, other issuers of spot ETH-ETFs will have fully complied with the SEC's requirements.
The products do not currently include staking, but this may change in the future.🤔
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🚨 A global disruption in the IT sector has occurred due to the interaction between cyber security company Crowdstrike and Windows
Numerous companies, including banks, mobile operators, and even airlines, are facing serious issues:
▪️American Airlines has grounded all its planes.
▪️ United Airlines and Delta Airlines have suspended flights due to communication problems.
▪️Turkish Airlines is experiencing booking issues.
▪️Airports in Spain may see flight delays.
▪️Australian broadcaster ABC reported a global technical failure.
▪️Residents of Alaska are unable to call emergency services due to a major local communication breakdown.
▪️Windows users with CrowdStrike installed are encountering blue screens of death. ☠️
Numerous companies, including banks, mobile operators, and even airlines, are facing serious issues:
▪️American Airlines has grounded all its planes.
▪️ United Airlines and Delta Airlines have suspended flights due to communication problems.
▪️Turkish Airlines is experiencing booking issues.
▪️Airports in Spain may see flight delays.
▪️Australian broadcaster ABC reported a global technical failure.
▪️Residents of Alaska are unable to call emergency services due to a major local communication breakdown.
▪️Windows users with CrowdStrike installed are encountering blue screens of death. ☠️
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Donald Trump might appoint JPMorgan's CEO as Treasury Secretary if he wins the US presidential election. 🧐
Previously, Jamie Dimon called Bitcoin a "Ponzi scheme" and criticized it heavily. 🤷
However, Trump stated that Dimon "has changed his tune" about Bitcoin. 😁
It seems Vitalik Buterin's concerns that politicians supporting cryptocurrency might do so only to achieve their own goals and can change their "beliefs" on the fly are not unfounded. 👀
Previously, Jamie Dimon called Bitcoin a "Ponzi scheme" and criticized it heavily. 🤷
However, Trump stated that Dimon "has changed his tune" about Bitcoin. 😁
It seems Vitalik Buterin's concerns that politicians supporting cryptocurrency might do so only to achieve their own goals and can change their "beliefs" on the fly are not unfounded. 👀
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Mike Novogratz announced the purchase of $ 1 billion worth of ETH! 🚀
Galaxy Digital, led by Michael Novogratz, has acquired most of CryptoManufaktur's Ethereum assets, boosting its staking portfolio by 43%! 💰
Acquired assets add $1 billion in Ethereum stakes, raising Galaxy's total to $3.3 billion. 🙀
CMF’s team, including founder Thorsten Behrens, joins Galaxy’s blockchain infrastructure team.
This move enhances Galaxy’s position as a key technical partner in the digital asset ecosystem. 📈
Galaxy Digital, led by Michael Novogratz, has acquired most of CryptoManufaktur's Ethereum assets, boosting its staking portfolio by 43%! 💰
Acquired assets add $1 billion in Ethereum stakes, raising Galaxy's total to $3.3 billion. 🙀
CMF’s team, including founder Thorsten Behrens, joins Galaxy’s blockchain infrastructure team.
This move enhances Galaxy’s position as a key technical partner in the digital asset ecosystem. 📈
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