CoinGape is a leading global source for timely news, analysis, and expert opinions on blockchain and cryptocurrency. At Voted.News, we condense CoinGape’s broad coverage into quick, digestible updates, allowing readers to stay informed on market trends, regulatory shifts, and emerging technologies with minimal effort. Experience the best of CoinGape at Voted.News—where concise insights meet reliable reporting.
US spot Bitcoin ETFs have seen inflows for 7 consecutive sessions, pushing total AUM above $16B. BlackRock’s $IBIT recorded $1.2B in trading volume, and Fidelity’s $FBTC saw $410M. CEO Larry Fink calls Bitcoin “digital gold,” boosting confidence. Institutional investors drive this trend. #Bitcoin
Metaplanet ($META) purchased 21.88 BTC for $1.26M, boosting its stock by 25.81%. This move aligns with their DCA strategy, increasing their stock by 631% YTD. Analysts predict Bitcoin ($BTC) might soon surpass 100% of Metaplanet’s total assets. #CryptoNews
Coinbase narrows its subpoena for SEC Chair Gary Gensler, now seeking only documents from his tenure as chair. This follows Judge Failla’s concerns about scope. The SEC accuses Coinbase of operating as an unregistered broker. The refined subpoena aims to clarify crypto regulation. #CryptoRegulation
Donald Trump selects Ohio Senator J.D. Vance as his VP nominee, boosting crypto hopes. Vance’s pro-crypto stance includes efforts against SEC’s SAB 121 and holding $250K in Bitcoin. Bitcoin jumps 5% to $63,519. #CryptoNews
Spot Ethereum ETF launches on July 23, aligning with a major Bitcoin Conference in Nashville. SEC approval anticipated next week. This milestone signals broader acceptance among investors and hints at market stability. #CryptoNews
BlackRock CEO Larry Fink backs Bitcoin, calling it “digital gold” amid global economic challenges. He highlights its non-correlated returns and value during high inflation, with Bitcoin surpassing $73K this year. Fink now advocates for Bitcoin in diversified portfolios. #Update #Bitcoin #Finance
Genesis Trading has moved 600 BTC ($37.72M) to Coinbase amid bankruptcy proceedings. This liquidation, part of a trend involving 12,000 BTC, aims to fulfill creditor claims. Bitcoin is trading at $62,700.77, up 4.89% in 24 hours. #Update #Bitcoin #Crypto
A dormant Bitcoin address reactivated after 10.6 years, moving 25 BTC now worth $1.58M. It originally held Bitcoin valued at $20,399 in 2013. This trend of reactivations highlights the massive profits early adopters are seeing, influencing market dynamics and investor sentiment. #Bitcoin #Update
Veteran trader Peter Brandt predicts Bitcoin ($BTC) could surpass $90,000, amid a market uptick with BTC up 5%. Significant inflows into Spot BTC ETFs from both retail and institutional investors signal broader acceptance. BTC currently trades at $63,020.13. #Bitcoin #Update
$PCI surged 25% to $0.16, marking an 87.5% weekly gain after @BithumbOfficial announced its KRW market listing from July 15, 2024. Over 100,000 merchants like Domino’s and 7-Eleven use Paycoin, benefiting from fast settlements and lower fees. Positive sentiment also driven by possible 3-year crypto tax delay in South Korea.
Last week, the crypto market saw $1.43B inflows, led by $BTC at $1.34B. $ETH had its best week since March with $72M. Altcoins like $SOL, $AVAX, $LINK, and $XRP also gained. U.S. led regional inflows. Anticipated Spot Ethereum ETF approval fuels optimism. #CryptoNews
Bitcoin rebounds to near $63K as Germany completes $3.5B BTC liquidation without disrupting prices. Grayscale’s Ethereum Mini Trust shares distribution boosts market optimism. Whale activity, miner capitulation, and short liquidations of $100.79M aid recovery. Fed’s likely rate cut in Sept could further attract investors. #CryptoNews
Entrepreneur Robert Kiyosaki reaffirms support for Donald Trump amid rising election odds favoring Trump at 71%. Kiyosaki, a Bitcoin advocate, highlights Trump’s resilience post-assassination attempt and pro-crypto stance. Trump leads in key swing states, with 78% in Arizona and 82% in North Carolina. #Crypto
John Bigatton, a BitConnect promoter, was convicted by ASIC for unlicensed financial advice from Aug ’17 to Jan ’18. He’s barred from managing corporations for nearly five years. This case underscores the importance of licensing in crypto services to protect investors. #CryptoRegulation
