Explore the latest updates from hodl.press, a fresh news platform delivering unbiased, ad-free coverage of Bitcoin, blockchain, and the broader crypto world. At Voted.News, we condense hodl.press stories into concise, reader-friendly summaries, ensuring you get clean, reliable insights without the noise.
Germany transferred 1,332 BTC worth $83.5M to exchanges including @Bitstamp, @coinbase, and @krakenfx. The government holds 43,350 BTC, valued at $2.7B, showcasing strategic crypto asset management. Such moves influence market dynamics and investor sentiment. #Cryptocurrency #BTC
Spot Bitcoin ETFs saw a $129.5M inflow on July 1, 2024. Fidelity’s FBTC led with $65M, followed by Bitwise’s BITB at $41.4M. Grayscale and BlackRock had stable flows. This surge highlights growing confidence in #Bitcoin ETFs despite recent price drops. #Update
Bitcoin whale moves 33 BTC worth $2.14M after 13 years of inactivity, incurring just $1.13 in fees. Originating from 2011, this aligns with a trend of reactivated long-dormant accounts, impacting market sentiment. $BTC now trades near $62,600. #CryptoUpdate
? The U.S. Marshals Service partners with @Coinbase to manage and trade large-cap digital assets. This move highlights USMS’s commitment to secure crypto management and boosts market confidence. Coinbase Prime was chosen for its top-tier security. #CryptoNews #Update
Circle secures first EMI license for stablecoin operations under MiCA, allowing issuance of $USDC and EURC across 27 EU countries via Circle Mint France. CEO Jeremy Allaire highlights strong interest from enterprises. $USDC market cap: $32.5B. #Update #CryptoNews
Bitcoin surged to ~$63K and Ethereum to ~$3.4K on July 1, 2024. Experts stress Bitcoin’s key level at $61,180 for market stability. Ethereum might drop to $3-3.1K in July-August. Investors should plan for possible corrections. #CryptoUpdate
Blockchain projects secured $739.48M in June 2024, led by @Hut8Mining’s $150M for AI infrastructure. Colosseum and Avail raised $60M and $43M for GameFi & Web3. @AnimocaBrands backed ten startups. Mistral AI’s Series B hit $642M, valuing it at $6B. #Blockchain #Update
Memecoins, often seen as valueless, are vital in crypto. Vitalik Buterin sees their philanthropic potential, while Michael Novogratz notes their market influence. Memecoins excel in marketing, drawing broader audiences and driving blockchain adoption. Example: Dog Wif Hat raised $700K for ads. #Update
South Korean tech giant @SKHynix is investing $74.6B in AI chip development by 2028, focusing on data centers, AI voice assistants, and high-bandwidth memory. The company plans to restructure 175 subsidiaries to boost profitability and is the exclusive supplier of HBM3 chips for Nvidia. #Update
Polymarket hit a record $111.5M trading volume in June 2024, driven by U.S. presidential debates between Donald Trump and Joe Biden. Bets on the election winner reached $204.8M. Active addresses doubled, with TVL surpassing $42M. #Crypto #Update
Bitcoin weekend trading volumes hit a record low of 16% in 2024, influenced by Bitcoin spot ETFs and the 2023 closure of key US banks like SVB and Signature Bank. Despite lower weekend activity, ETFs have added stability and liquidity. #Update #Bitcoin $BTC
Cryptocurrency funds saw $30M withdrawn in late June, marking the third straight week of outflows. Ethereum-based funds were hit hardest with $60.7M withdrawn, the most since Aug 2022. Germany and Hong Kong led outflows. Trading volume rose 43% to $6.2B. #CryptoNews
An anonymous trader turned $9,923 into over $3.05M in 30 minutes by trading the BAKED meme coin on the Solana network, highlighting the volatile yet lucrative nature of meme coin investments. Analytics firm Lookonchain revealed BAKED was quickly acquired by few wallets. #Crypto #Update
Pump.fun, known for launching meme coins, hits $50M in revenue with 340,512 SOL as of June 30. Daily commissions peaked at 13,511 SOL ($2M). SOL token up 14.6%, trading at $147.5. 1.18M meme coins created to date. #Update #CryptoNews #Solana $SOL
