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Bitgo initiates Mt. Gox Bitcoin repayments with test transactions. $BTC wallet received 33,105 BTC ($1.95B) from defunct exchange. A $5.88 test signals creditor payouts to begin soon. @Bitgo #cryptocurrency #Bitcoin #MtGox
Binance US faces renewed legal challenges as a U.S. appeals court revives a class-action lawsuit alleging HEX token price manipulation. The case also involves @CoinMarketCap, potentially setting key precedents for digital asset regulations. $BNB $HEX
Metaplanet acquires 57.103 BTC for 500M Yen ($3.3M), raising its total to 303.095 BTC. The Japanese firm leverages low-interest rates, potentially rivaling @MicroStrategy’s $2B Bitcoin expansion. #Bitcoin $BTC #CryptoNews
BlockTower Capital sells $25M $ETH, sparking concerns over Ethereum’s price stability. With major sell-offs by whales and waning institutional interest, ETH faces potential further declines despite a possible rebound if $2,700 resistance is breached.
#Crypto #Ethereum #ETH
Bitcoin ($BTC) nears $60K as Ethereum ($ETH) gains 4% ahead of US CPI data release. $177M liquidated in 24 hours. July CPI expected to show 0.2% inflation rise, raising Fed rate hike concerns. #crypto #Bitcoin #Ethereum
? Ethereum clients release critical updates ahead of the Pectra upgrade. Go Ethereum ($ETH) fixes bugs with v1.14.18 and Nimbus improves staking API with v24.7.0. Key improvements aim to enhance stability and performance. #Ethereum #Blockchain
El Salvador secures $1.6B from Yilport Holdings to modernize Acajutla and La Union ports, supporting Bitcoin City infrastructure. This is the largest private investment in the country’s history. @nayibbukele #Bitcoin $BTC #CryptoNews
? Binance to delist six crypto pairs including $CVP/USDT and $LOOM/BTC on Aug 26, 2024. Prices of $REEF and $FOR drop 25.15% and 39.11%, respectively. Binance may convert delisted tokens to stablecoins after Nov 27, 2024. #CryptoNews
? Binance exec Tigran Gambaryan’s health deteriorates in Kuje Prison; legal access denied since July, violating Nigerian law. Urgent medical care needed for herniated disc, throat infections, and pneumonia. #HumanRights #Binance $BNB @binance
? $CEL sues $USDT to recover $2B in Bitcoin lost in alleged fraudulent transfers. Celsius claims Tether breached loan terms, causing a “fire sale” of 39,542.42 BTC at undervalued prices before Celsius’ bankruptcy. Outcome may set crypto lending precedent.
Shiba Inu’s Shytoshi Kusama mocks Dogecoin’s new gaming platform, emphasizing Shiba Eternity’s Web3 transition. Speculation rises as @Binance posts a Shiba Inu dog, hinting at broader crypto market impacts. $SHIB $DOGE #CryptoGaming #Web3
? Crypto Experts Debate $SOL vs $ETH After Market Crash: Solana’s DEX volumes surpass Ethereum, but VC investment lags. Market turbulence led to $500B crypto loss. $BTC rebounded to $55K. Solana’s user-friendly network offers significant investment potential. ? #CryptoNews
Ripple’s CLO urges VP @KamalaHarris to stop SEC’s crackdown on crypto. Court orders $125M fine for Ripple, far less than SEC’s $2B demand, affirming XRP is not a security. Calls grow for SEC Chair’s removal. $XRP #crypto
? The @SECGov settles $40M fraud case with $IDEX over crypto misreporting. Former CEO Zheng Wu faces $3.3M fine and 10-year ban, while $IDEX pays a $1.4M penalty and must hire a compliance consultant. #Crypto #Fraud #SEC
