📜Crypto World Highlights for August 15th
-Inflation and Market Trends
July’s CPI data shows inflation slowing to 2.9%, the lowest in over three years: The Consumer Price Index (CPI) fell to 2.9% in July, marking the lowest inflation rate since March 2021, which could influence economic policy and market sentiment.
BlackRock ETFs dominate Bitcoin and Ethereum inflows: BlackRock's IBIT ETF leads the market with a $34.6 million inflow, while Grayscale sees a significant $28.6 million outflow.
Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock: Large USDT withdrawals from exchanges, often seen near Bitcoin's local price tops, could indicate a potential downturn in BTC's price.
-Bitcoin Accumulation and Institutional Interest
Bitcoin investors show renewed interest in accumulation and holding – Glassnode: Long-term Bitcoin holders are accumulating again after a period of divestment, signaling renewed confidence in the cryptocurrency.
Nearly $600M of Silk Road Bitcoin Hits Coinbase Prime, but Not Necessarily to Sell: A significant amount of Bitcoin linked to Silk Road has moved to Coinbase Prime, raising questions about its purpose.
-Institutional Bitcoin Holdings
State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing: SWIB has notably increased its holdings in BlackRock's Bitcoin ETF, reflecting growing institutional interest.
Norwegian sovereign wealth fund's indirect Bitcoin holdings soar 62% in first half of 2024: Norway's sovereign wealth fund has significantly increased its indirect Bitcoin holdings, demonstrating confidence in Bitcoin's future.
Goldman Sachs reports $418 million in spot bitcoin ETF holdings as of June 30: Goldman Sachs holds nearly $418 million in spot Bitcoin ETFs, making it one of the top institutional investors in Bitcoin.
Morgan Stanley discloses $188M in BlackRock Bitcoin ETF holdings: Morgan Stanley reported holding over 5.5 million shares of BlackRock’s Bitcoin ETF, indicating substantial institutional involvement.
-Regulatory and Adoption Developments
Binance to Pay $1.7 Million to Brazil’s SEC Over Crypto Derivatives - Decrypt: Binance settles a dispute with Brazil’s SEC over its crypto derivatives operation, ending a long-standing regulatory conflict.
Over 1 Million Bitcoin Addresses Hold 1 BTC or More, Reflecting Strong Adoption: Bitcoin adoption is growing, with over 1 million addresses now holding at least 1 BTC, highlighting increasing confidence and interest in the cryptocurrency.
#GoMining #DigitalMiners #MarketReview
-Inflation and Market Trends
July’s CPI data shows inflation slowing to 2.9%, the lowest in over three years: The Consumer Price Index (CPI) fell to 2.9% in July, marking the lowest inflation rate since March 2021, which could influence economic policy and market sentiment.
BlackRock ETFs dominate Bitcoin and Ethereum inflows: BlackRock's IBIT ETF leads the market with a $34.6 million inflow, while Grayscale sees a significant $28.6 million outflow.
Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock: Large USDT withdrawals from exchanges, often seen near Bitcoin's local price tops, could indicate a potential downturn in BTC's price.
-Bitcoin Accumulation and Institutional Interest
Bitcoin investors show renewed interest in accumulation and holding – Glassnode: Long-term Bitcoin holders are accumulating again after a period of divestment, signaling renewed confidence in the cryptocurrency.
Nearly $600M of Silk Road Bitcoin Hits Coinbase Prime, but Not Necessarily to Sell: A significant amount of Bitcoin linked to Silk Road has moved to Coinbase Prime, raising questions about its purpose.
-Institutional Bitcoin Holdings
State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing: SWIB has notably increased its holdings in BlackRock's Bitcoin ETF, reflecting growing institutional interest.
Norwegian sovereign wealth fund's indirect Bitcoin holdings soar 62% in first half of 2024: Norway's sovereign wealth fund has significantly increased its indirect Bitcoin holdings, demonstrating confidence in Bitcoin's future.
Goldman Sachs reports $418 million in spot bitcoin ETF holdings as of June 30: Goldman Sachs holds nearly $418 million in spot Bitcoin ETFs, making it one of the top institutional investors in Bitcoin.
Morgan Stanley discloses $188M in BlackRock Bitcoin ETF holdings: Morgan Stanley reported holding over 5.5 million shares of BlackRock’s Bitcoin ETF, indicating substantial institutional involvement.
-Regulatory and Adoption Developments
Binance to Pay $1.7 Million to Brazil’s SEC Over Crypto Derivatives - Decrypt: Binance settles a dispute with Brazil’s SEC over its crypto derivatives operation, ending a long-standing regulatory conflict.
Over 1 Million Bitcoin Addresses Hold 1 BTC or More, Reflecting Strong Adoption: Bitcoin adoption is growing, with over 1 million addresses now holding at least 1 BTC, highlighting increasing confidence and interest in the cryptocurrency.
#GoMining #DigitalMiners #MarketReview
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🎉 Announcing the winners of the GoMining Mascot Creation Contest! 🌟
Thank you to everyone who participated and voted! Your support and creativity made this contest incredibly exciting.
🏆 Contest Winners:
🥇 1st Place - 1,500 GOMINING tokens
🥈 2nd Place - 400 GOMINING tokens
🥉 3rd Place - 250 GOMINING tokens
🏅 4th Place - 200 GOMINING tokens
🏅 5th Place - 150 GOMINING tokens
We also want to recognize the participants who secured 6th to 10th places, each of whom will receive 100 GOMINING tokens. You are all truly talented!
Thank you to everyone for your inspiration and creativity! 🙌
Stay tuned for more exciting updates coming soon!
#GoMiningMascot #GoMining #DigitalMiners #Contest #Winners
Thank you to everyone who participated and voted! Your support and creativity made this contest incredibly exciting.
🏆 Contest Winners:
🥇 1st Place - 1,500 GOMINING tokens
🥈 2nd Place - 400 GOMINING tokens
🥉 3rd Place - 250 GOMINING tokens
🏅 4th Place - 200 GOMINING tokens
🏅 5th Place - 150 GOMINING tokens
We also want to recognize the participants who secured 6th to 10th places, each of whom will receive 100 GOMINING tokens. You are all truly talented!
Thank you to everyone for your inspiration and creativity! 🙌
Stay tuned for more exciting updates coming soon!
#GoMiningMascot #GoMining #DigitalMiners #Contest #Winners
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📽 GoMining on YouTube: GoMarket Weekly By GoMining
In this week's episode of GoMarket Weekly by GoMining, we delve into recent crypto market fluctuations, Trump's key announcements at the Bitcoin Conference 2024, and their impact on Bitcoin's price. We also explore the US government's significant BTC transfer, mitigated concerns around Mt. Gox payouts, the Federal Reserve's interest rate decisions, and trends in Bitcoin's hashrate and miner behavior. Stay tuned for in-depth analysis and insights on these crucial developments!
👉 Watch now 👀
Let’s GoMarket!
#GoMarketWeekly #YouTube
In this week's episode of GoMarket Weekly by GoMining, we delve into recent crypto market fluctuations, Trump's key announcements at the Bitcoin Conference 2024, and their impact on Bitcoin's price. We also explore the US government's significant BTC transfer, mitigated concerns around Mt. Gox payouts, the Federal Reserve's interest rate decisions, and trends in Bitcoin's hashrate and miner behavior. Stay tuned for in-depth analysis and insights on these crucial developments!
👉 Watch now 👀
Let’s GoMarket!
#GoMarketWeekly #YouTube
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🚀 HTX Launch Giveaway Results Are In! 🎉
Thank you to everyone who participated in our $100,000 HTX launch giveaway! The excitement was incredible, and now the moment you've all been waiting for has arrived.
👉 Check out the winners here! 👈
Congratulations to all the lucky winners! If you see your name on the list, your share of the 300,000 GOMINING tokens will be on its way to your GoMining Virtual Wallet soon.
Stay tuned for more exciting opportunities, and thanks for being part of the GoMining community!
#GoMining #HTX
Thank you to everyone who participated in our $100,000 HTX launch giveaway! The excitement was incredible, and now the moment you've all been waiting for has arrived.
👉 Check out the winners here! 👈
Congratulations to all the lucky winners! If you see your name on the list, your share of the 300,000 GOMINING tokens will be on its way to your GoMining Virtual Wallet soon.
Stay tuned for more exciting opportunities, and thanks for being part of the GoMining community!
#GoMining #HTX
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📜Crypto World Highlights for August 16th
-Bitcoin and Market Dynamics
Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon: Despite a strong performance in traditional markets, Bitcoin fell back under $58,000, highlighting the current market instability.
Bitcoin records negative returns during Asian trading hours post-April 2024 halving: Bitcoin has been recording negative returns during Asian trading hours following the April 2024 halving, reflecting ongoing global regulatory challenges.
ETH, SOL exhibit heightened price sensitivity amid wider market caution, Coinbase analyst says: Analysts at Coinbase have noted that Ethereum and Solana are showing increased sensitivity to current market conditions, with broader caution expected to persist.
-Regulatory and Security Developments
SEC Approves the First Leveraged MicroStrategy ETF: The SEC has approved a leveraged ETF targeting MicroStrategy, offering amplified exposure to Bitcoin through its large holdings.
Binance Relaunches Operations in India after $2.25M fine: Binance has resumed operations in India after settling a $2.25 million fine with the country's Financial Intelligence Unit (FIU).
ZachXBT exposes North Korean agents infiltrating crypto projects to conduct thefts: Investigative reports reveal North Korean agents infiltrating crypto projects to execute thefts, highlighting ongoing security vulnerabilities in the sector.
Chainalysis alerts rise in crypto hacks and ransom in 2024: Chainalysis reports an increase in crypto hacks and ransom attacks, with a return to targeting centralized exchanges amid the 2024 Bitcoin price surge.
-Industry and Mining Insights
94% of Bitcoin's total supply has now been mined: As Bitcoin nears its total supply cap, its predictable inflation rate continues to appeal to investors.
Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says: July saw a decline in mining profitability despite increased production, as new capacity was added faster than the network's hashrate.
Aave token retakes $110 price point as number of weekly borrowers hits all-time high: Aave's token price surged as the lending platform hit a new record for weekly active borrowers, reflecting robust demand.
-Controversies and Market Reactions
WBTC Gets Wrapped in Controversy: Crypto Twitter is abuzz with controversy surrounding Justin Sun's involvement in the governance of WBTC, sparking debate within the community.
#GoMining #DigitalMiners #MarketReview
-Bitcoin and Market Dynamics
Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon: Despite a strong performance in traditional markets, Bitcoin fell back under $58,000, highlighting the current market instability.
Bitcoin records negative returns during Asian trading hours post-April 2024 halving: Bitcoin has been recording negative returns during Asian trading hours following the April 2024 halving, reflecting ongoing global regulatory challenges.
ETH, SOL exhibit heightened price sensitivity amid wider market caution, Coinbase analyst says: Analysts at Coinbase have noted that Ethereum and Solana are showing increased sensitivity to current market conditions, with broader caution expected to persist.
-Regulatory and Security Developments
SEC Approves the First Leveraged MicroStrategy ETF: The SEC has approved a leveraged ETF targeting MicroStrategy, offering amplified exposure to Bitcoin through its large holdings.
Binance Relaunches Operations in India after $2.25M fine: Binance has resumed operations in India after settling a $2.25 million fine with the country's Financial Intelligence Unit (FIU).
ZachXBT exposes North Korean agents infiltrating crypto projects to conduct thefts: Investigative reports reveal North Korean agents infiltrating crypto projects to execute thefts, highlighting ongoing security vulnerabilities in the sector.
Chainalysis alerts rise in crypto hacks and ransom in 2024: Chainalysis reports an increase in crypto hacks and ransom attacks, with a return to targeting centralized exchanges amid the 2024 Bitcoin price surge.
-Industry and Mining Insights
94% of Bitcoin's total supply has now been mined: As Bitcoin nears its total supply cap, its predictable inflation rate continues to appeal to investors.
Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says: July saw a decline in mining profitability despite increased production, as new capacity was added faster than the network's hashrate.
Aave token retakes $110 price point as number of weekly borrowers hits all-time high: Aave's token price surged as the lending platform hit a new record for weekly active borrowers, reflecting robust demand.
-Controversies and Market Reactions
WBTC Gets Wrapped in Controversy: Crypto Twitter is abuzz with controversy surrounding Justin Sun's involvement in the governance of WBTC, sparking debate within the community.
#GoMining #DigitalMiners #MarketReview
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📈 GoMining Secondary Market Weekly Stats!
💸 Last week, we recorded a trading volume of 524,682 $GOMINING tokens.
🏆 Top Sales Performance:
💎 The Greedy Machines #1100: Achieved $254 per/1 TH
💎 The Greedy Machines #1244: Sold for $228/1 TH
💎 The Greedy Machines #7862: Closed at $170/1 TH
🛒 Enhance Your Digital Miner Experience:
Trade with confidence on our official marketplace, where every transaction is secure. Once purchased, digital miners are immediately added to your GoMining account.
🔍 Discover our marketplace here 👉 https://app.gmt.io/nft
📘 Need assistance with buying and selling? Check out our FAQ for guidance on payment methods and wallet management 👉https://help.nft.gomining.com/faq/buying-and-selling
Join the market today and boost your crypto adventure! 🚀
#GoMining #DigitalMiners #WeeklyStats
💸 Last week, we recorded a trading volume of 524,682 $GOMINING tokens.
🏆 Top Sales Performance:
💎 The Greedy Machines #1100: Achieved $254 per/1 TH
💎 The Greedy Machines #1244: Sold for $228/1 TH
💎 The Greedy Machines #7862: Closed at $170/1 TH
🛒 Enhance Your Digital Miner Experience:
Trade with confidence on our official marketplace, where every transaction is secure. Once purchased, digital miners are immediately added to your GoMining account.
🔍 Discover our marketplace here 👉 https://app.gmt.io/nft
📘 Need assistance with buying and selling? Check out our FAQ for guidance on payment methods and wallet management 👉https://help.nft.gomining.com/faq/buying-and-selling
Join the market today and boost your crypto adventure! 🚀
#GoMining #DigitalMiners #WeeklyStats
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🔍 GoMarket News: Bitcoin Chaos
In this episode of GoMarket, we dive into the latest developments in the crypto market with a focus on Bitcoin! 📈🚀
Get the latest news, price analysis, and forecasts for the world’s leading cryptocurrency. How is Bitcoin’s value changing, what factors are driving its movements, and what can we expect in the near future?
👉 Watch now 👀
Subscribe to stay informed and ahead of the market!
#GoMining #YouTube
In this episode of GoMarket, we dive into the latest developments in the crypto market with a focus on Bitcoin! 📈🚀
Get the latest news, price analysis, and forecasts for the world’s leading cryptocurrency. How is Bitcoin’s value changing, what factors are driving its movements, and what can we expect in the near future?
👉 Watch now 👀
Subscribe to stay informed and ahead of the market!
#GoMining #YouTube
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🗞 Earn up to 20 Bounty pointsfor sharing information on X (formerly Twitter) about our latest news!
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📜Crypto World Highlights for August 17th
-Market and Institutional Insights
Bitcoin price stumbles as gold price hits $2.5K for the first time ever: While Bitcoin remains below $60K, gold has reached an all-time high of $2,500 per ounce, highlighting a stark divergence between the two assets.
Bitcoin's negative correlation with SPX deepens amid current market trends: The negative correlation between Bitcoin and the S&P 500 deepens, with the SPX rallying and Bitcoin struggling, showing divergent market behavior.
Institutional Inflows to Bitcoin ETFs Show Promising Indicator, Says Coinbase Report: Despite the recent downturn in Bitcoin’s price, Coinbase’s latest report highlights increasing institutional inflows into U.S. spot Bitcoin ETFs, suggesting growing interest from professional investors.
Here's how hedge funds played spot Bitcoin ETFs in Q2: Hedge funds actively traded spot Bitcoin ETFs in Q2 2024, with institutional investment managers reporting $4.7 billion worth of holdings in these ETFs.
-Regulatory and Strategic Developments
Trump's transition team signals strong pro-Bitcoin direction, contrasting Harris' regulatory approach: Trump's transition team is signaling a strong pro-Bitcoin stance, which contrasts sharply with Kamala Harris' more regulatory-focused approach to digital assets.
NYSE, Nasdaq withdraw 3 more requests for crypto ETF options rule changes: The withdrawal of three more rule change requests by NYSE and Nasdaq regarding crypto ETF options highlights the ongoing regulatory challenges in the sector.
-Market Conditions and Miner Insights
Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says: Bitcoin mining profitability hit all-time lows in August, with U.S.-listed miners increasing their network hashrate share to 26%, the highest on record.
Bitcoin Whales Buying The Dip?: An analysis of whale activity raises questions about whether major Bitcoin holders are accumulating during the dip or if the market is in a redistribution phase.
-Specific Asset and Ecosystem Updates
ETH Gas Fees Hit 5-Year Low: Ethereum gas fees have hit their lowest levels in five years, potentially signaling a future increase in on-chain activity.
MakerDAO stops new WBTC-backed loans following its BitGo concerns: MakerDAO has halted new borrowing against BitGo’s wrapped Bitcoin (WBTC) due to concerns, setting the WBTC debt ceiling to zero DAI, effectively blocking new loans using WBTC as collateral.
#MarketReview
-Market and Institutional Insights
Bitcoin price stumbles as gold price hits $2.5K for the first time ever: While Bitcoin remains below $60K, gold has reached an all-time high of $2,500 per ounce, highlighting a stark divergence between the two assets.
Bitcoin's negative correlation with SPX deepens amid current market trends: The negative correlation between Bitcoin and the S&P 500 deepens, with the SPX rallying and Bitcoin struggling, showing divergent market behavior.
Institutional Inflows to Bitcoin ETFs Show Promising Indicator, Says Coinbase Report: Despite the recent downturn in Bitcoin’s price, Coinbase’s latest report highlights increasing institutional inflows into U.S. spot Bitcoin ETFs, suggesting growing interest from professional investors.
Here's how hedge funds played spot Bitcoin ETFs in Q2: Hedge funds actively traded spot Bitcoin ETFs in Q2 2024, with institutional investment managers reporting $4.7 billion worth of holdings in these ETFs.
-Regulatory and Strategic Developments
Trump's transition team signals strong pro-Bitcoin direction, contrasting Harris' regulatory approach: Trump's transition team is signaling a strong pro-Bitcoin stance, which contrasts sharply with Kamala Harris' more regulatory-focused approach to digital assets.
NYSE, Nasdaq withdraw 3 more requests for crypto ETF options rule changes: The withdrawal of three more rule change requests by NYSE and Nasdaq regarding crypto ETF options highlights the ongoing regulatory challenges in the sector.
-Market Conditions and Miner Insights
Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says: Bitcoin mining profitability hit all-time lows in August, with U.S.-listed miners increasing their network hashrate share to 26%, the highest on record.
Bitcoin Whales Buying The Dip?: An analysis of whale activity raises questions about whether major Bitcoin holders are accumulating during the dip or if the market is in a redistribution phase.
-Specific Asset and Ecosystem Updates
ETH Gas Fees Hit 5-Year Low: Ethereum gas fees have hit their lowest levels in five years, potentially signaling a future increase in on-chain activity.
MakerDAO stops new WBTC-backed loans following its BitGo concerns: MakerDAO has halted new borrowing against BitGo’s wrapped Bitcoin (WBTC) due to concerns, setting the WBTC debt ceiling to zero DAI, effectively blocking new loans using WBTC as collateral.
#MarketReview
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Don’t miss Mike Ermolaev’s latest insights in this week’s edition where he unpacks the revitalized spirit of Bitcoin's long-term hodlers, the interest of institutional heavyweights, and the stir caused by stablecoins, among other things.
💪💰Renewed Confidence Among Long-Term Bitcoin Investors
Bitcoin's price has been fluctuating between $56,765 and $61,356 over the past week, but long-term holders are back in action, accumulating more coins after a sharp downturn. This renewed confidence suggests a bullish sentiment despite ongoing market volatility.
🏦🔗Institutional Giants Double Down on Bitcoin
Big names in the crypto space are making bold moves—Michael Saylor’s $1 billion Bitcoin holding is making waves, and Metaplanet’s recent purchase adds to the growing institutional faith in Bitcoin’s future.
📈💸Potential Bitcoin Surge with Treasury Liquidity
Arthur Hayes of BitMEX sees a path to $100K for Bitcoin by year-end, fueled by the U.S. Treasury’s significant T-bill issuance. This potential liquidity boost could drive Bitcoin to unprecedented heights.
📊🔍ETF Activity Reflects Investor Sentiment
Bitcoin and Ethereum ETFs are seeing strong inflows, particularly from major players like Blackrock and Fidelity. While there are some outflows, the overall trend suggests a steady confidence in these key assets, with Ethereum also showing resilience amid market fluctuations.
⚖️💱Stablecoin Dynamics and Regulatory Hurdles
With $2.8 billion in new stablecoin issuance, analysts are eyeing this as a potential driver for Bitcoin’s next rally. However, this influx comes at a time of increasing regulatory scrutiny, especially in the EU, where new rules could impact the stability of the stablecoin market.
🌍🏗️Blockchain in Lagos, Bitcoin in Norway
Lagos, Nigeria, is making strides with a blockchain initiative to tokenize real estate, aiming to enhance transparency and boost revenues. At the same time, Norway’s Sovereign Wealth Fund has significantly ramped up its Bitcoin holdings, further integrating digital assets into traditional investment strategies.
Get the inside track on this story 👉 right here, and mark your calendar for even more insight dropping next week!
#GoMining #MarketReview #GoMarket
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📜Crypto World Highlights for August 18th
-Institutional and Sovereign Fund Moves
Institutional adoption of Bitcoin ETFs surges 27% in Q2: The rise in institutional adoption of Bitcoin ETFs could drive Bitcoin prices to new all-time highs, according to analysts.
BlackRock's ETFs surpass Grayscale's in assets, crowning new crypto fund king: Arkham: BlackRock has become the largest asset manager in the crypto space, surpassing Grayscale with over $21.2 billion in digital assets under management.
World’s largest sovereign wealth fund Bitcoin exposure not ‘intentional’: Norway’s sovereign wealth fund’s Bitcoin exposure appears unintentional, primarily through investments in Bitcoin-related companies like MicroStrategy.
South Korea’s Pension Fund Buys $34M in MicroStrategy: South Korea’s National Pension Service invested $34 million in MicroStrategy, signaling growing institutional confidence in Bitcoin via indirect exposure through strategic holdings.
-Market Sentiment and Trends
75% of Bitcoin Hasn't Moved in 6+ Months, Signaling Strong HODLing Trend: A significant 75% of Bitcoin's circulating supply hasn’t moved in over six months, indicating a strong commitment to HODLing among investors.
Largest Ethereum ETF outflow since August 2: While Bitcoin ETFs saw a net inflow of $11.1 million, Ethereum ETFs experienced significant outflows, totaling $39.2 million, marking the largest since early August.
Bitcoin's negative correlation with SPX deepens amid current market trends: As Bitcoin continues to struggle, its negative correlation with the S&P 500 deepens, further highlighting divergent market behavior.
-Regulatory and Strategic Developments
Mastercard Is Betting on Crypto—But Not Stablecoins: Mastercard is betting on the future of on-chain commerce but remains cautious about stablecoins, focusing instead on broader crypto integration within traditional banking systems.
Dubai Court Rules in Favor of Salaries Payment in Crypto: A Dubai court has legally recognized cryptocurrency as a valid form of salary payment, setting a precedent for crypto adoption in employment practices.
-Industry and Legal Updates
Donald Trump has earned more than $7 million from NFTs, holds up to $5 million in crypto: Donald Trump disclosed that he holds up to $5 million in crypto and has earned over $7 million from NFT sales, highlighting his significant financial involvement in the crypto space.
The Daily: 'Promising' spot bitcoin ETF inflows, Worldcoin launches operations in Malaysia and more: Spot Bitcoin ETF inflows continue to show promise, and Worldcoin has launched operations in Malaysia, allowing users to digitally verify their identities with the project’s orbs.
#MarketReview
-Institutional and Sovereign Fund Moves
Institutional adoption of Bitcoin ETFs surges 27% in Q2: The rise in institutional adoption of Bitcoin ETFs could drive Bitcoin prices to new all-time highs, according to analysts.
BlackRock's ETFs surpass Grayscale's in assets, crowning new crypto fund king: Arkham: BlackRock has become the largest asset manager in the crypto space, surpassing Grayscale with over $21.2 billion in digital assets under management.
World’s largest sovereign wealth fund Bitcoin exposure not ‘intentional’: Norway’s sovereign wealth fund’s Bitcoin exposure appears unintentional, primarily through investments in Bitcoin-related companies like MicroStrategy.
South Korea’s Pension Fund Buys $34M in MicroStrategy: South Korea’s National Pension Service invested $34 million in MicroStrategy, signaling growing institutional confidence in Bitcoin via indirect exposure through strategic holdings.
-Market Sentiment and Trends
75% of Bitcoin Hasn't Moved in 6+ Months, Signaling Strong HODLing Trend: A significant 75% of Bitcoin's circulating supply hasn’t moved in over six months, indicating a strong commitment to HODLing among investors.
Largest Ethereum ETF outflow since August 2: While Bitcoin ETFs saw a net inflow of $11.1 million, Ethereum ETFs experienced significant outflows, totaling $39.2 million, marking the largest since early August.
Bitcoin's negative correlation with SPX deepens amid current market trends: As Bitcoin continues to struggle, its negative correlation with the S&P 500 deepens, further highlighting divergent market behavior.
-Regulatory and Strategic Developments
Mastercard Is Betting on Crypto—But Not Stablecoins: Mastercard is betting on the future of on-chain commerce but remains cautious about stablecoins, focusing instead on broader crypto integration within traditional banking systems.
Dubai Court Rules in Favor of Salaries Payment in Crypto: A Dubai court has legally recognized cryptocurrency as a valid form of salary payment, setting a precedent for crypto adoption in employment practices.
-Industry and Legal Updates
Donald Trump has earned more than $7 million from NFTs, holds up to $5 million in crypto: Donald Trump disclosed that he holds up to $5 million in crypto and has earned over $7 million from NFT sales, highlighting his significant financial involvement in the crypto space.
The Daily: 'Promising' spot bitcoin ETF inflows, Worldcoin launches operations in Malaysia and more: Spot Bitcoin ETF inflows continue to show promise, and Worldcoin has launched operations in Malaysia, allowing users to digitally verify their identities with the project’s orbs.
#MarketReview
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🗣️ It's Time for Your Feedback Again!
Hello, GoMining Community! 👋
We’ve welcomed many new members to our community recently, and we’re excited to continue growing together. As always, we’re committed to making GoMining the best it can be, and your feedback is essential in helping us achieve that goal.
💡 We’d love to hear your thoughts on how we can improve the project. Are there any features you’d like to see? Is there anything we could be doing better? Your insights are incredibly valuable to us, and we want to make sure we’re meeting your needs and expectations.
📝 Please take a moment to share your feedback with us. Whether you’re a seasoned user or a newcomer, your input helps shape the future of GoMining.
👉 Share Your Feedback Here
Thank you for being a part of our community! 🙏
#GoMining #Feedback
Hello, GoMining Community! 👋
We’ve welcomed many new members to our community recently, and we’re excited to continue growing together. As always, we’re committed to making GoMining the best it can be, and your feedback is essential in helping us achieve that goal.
💡 We’d love to hear your thoughts on how we can improve the project. Are there any features you’d like to see? Is there anything we could be doing better? Your insights are incredibly valuable to us, and we want to make sure we’re meeting your needs and expectations.
📝 Please take a moment to share your feedback with us. Whether you’re a seasoned user or a newcomer, your input helps shape the future of GoMining.
👉 Share Your Feedback Here
Thank you for being a part of our community! 🙏
#GoMining #Feedback
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Secret Task of the Week ⭐️⭐️⭐️⭐️⭐️
Get 5 Points!
If you enjoy the GoMining app, rate it on App Store and Google Play and get Bounty points for each review.
Attach a screenshot of your review to your message on the forum!
Complete the task before August 20, Tuesday, 15:00 UTC ⏰
Join GoMining Bounty and participate in the grand giveaway! 🎁
#GoMining #GoMiningBounty
Get 5 Points!
If you enjoy the GoMining app, rate it on App Store and Google Play and get Bounty points for each review.
Attach a screenshot of your review to your message on the forum!
Complete the task before August 20, Tuesday, 15:00 UTC ⏰
Join GoMining Bounty and participate in the grand giveaway! 🎁
#GoMining #GoMiningBounty
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Where do you prefer to buy GoMining tokens? 🛒
Anonymous Poll
61%
In-app 📲
28%
CEX (Centralized Exchange) ⚖️
20%
DEX (Decentralized Exchange) 🔗
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🌟 Hello GoMining Community! 🌟
We have exciting news to share with you. In partnership with some prominent people and organisations in the field we started working on a new initiative, The Foundation, aimed at fueling the BTC ecosystem. Our goal is to increase transactions across the network, ensuring sustained growth and benefits for everyone involved. While full details are under wraps for now, rest assured that being part of this journey means you'll likely gain early access to some of the most promising projects in the space.
Now, we need your help! We want you to choose the perfect name for this project. 🗳️ Participate in our poll and help us select a name that reflects our shared vision and dedication to Bitcoin.
Stay tuned for more updates, and thank you for being a vital part of our community's future! 💪
We welcome you to suggest other versions of the name, but please ensure your suggestion is unique and not similar to names used by other projects out there in comments👇
#GoMining #Bitcoin #TheFoundation
We have exciting news to share with you. In partnership with some prominent people and organisations in the field we started working on a new initiative, The Foundation, aimed at fueling the BTC ecosystem. Our goal is to increase transactions across the network, ensuring sustained growth and benefits for everyone involved. While full details are under wraps for now, rest assured that being part of this journey means you'll likely gain early access to some of the most promising projects in the space.
Now, we need your help! We want you to choose the perfect name for this project. 🗳️ Participate in our poll and help us select a name that reflects our shared vision and dedication to Bitcoin.
Stay tuned for more updates, and thank you for being a vital part of our community's future! 💪
We welcome you to suggest other versions of the name, but please ensure your suggestion is unique and not similar to names used by other projects out there in comments👇
#GoMining #Bitcoin #TheFoundation
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What is the best name for the Foundation?🗳
Final Results
18%
Hashrate Foundation
17%
Bit Foundation
5%
XBT Foundation
21%
Bitcoin Builders Foundation
44%
GoBTC Foundation
7%
Comment
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