Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
US Bitcoin ETFs have surged, accumulating over 900,000 BTC as of July 17, 2024. BlackRock’s $IBIT led with $1B in inflows in 8 days. Wednesday saw $53M inflows, pushing prices above $65,000, despite $57M outflows from Grayscale’s $GBTC. Total US inflows now exceed $16B.
U.S. Senator Bob Menendez, who called Bitcoin “perfect for criminals,” was convicted of bribery and acting as a foreign agent. He accepted gold bars, a Mercedes-Benz, and $480K in cash. Sentencing is on October 26, 2024. #CryptoRegulation #Update
U.S. spot Bitcoin ETFs saw a net daily inflow of $422.67M on July 16, 2024, marking the eighth consecutive growth day. $IBIT led with $260.23M. Hong Kong mirrored this trend with 29.98 BTC inflows. Rising crypto prices boost investor sentiment. #Bitcoin #Update
TON Foundation introduces TON Teleport BTC, a trustless bridge integrating $BTC with The Open Network, enhancing Bitcoin’s utility across decentralized apps and exchanges on the Telegram-focused blockchain. #Update #CryptoNews
Billionaire Mark Cuban says Silicon Valley’s backing of Trump is tied to Bitcoin. Trump’s tax cuts could boost BTC prices. Geopolitical shifts may accelerate growth. Key figures like @pmarca & @joelonsdale have donated millions. $BTC #Bitcoin #Update
Nine governments hold $34B in Bitcoin, led by the USA with 213,246 BTC ($13.9B) from criminal seizures like Silk Road. China has 190,000 BTC from Plus Token Ponzi. The UK holds 61,000 BTC. El Salvador, the only nation to legalize Bitcoin, owns 5,800 BTC. #CryptoNews
Mark Cuban predicts $BTC will become a safe haven under Trump. Silicon Valley’s support may lead to favorable SEC changes for crypto. With Trump’s policies potentially causing inflation, Bitcoin’s limited supply and inflation resistance could boost its value. Key figures like @Winklevoss support Trump. #CryptoNews
? The Bitcoin 2024 conference in Nashville from July 25-27 will feature @realDonaldTrump, Robert F. Kennedy Jr., @saylor, and Cathie Wood. The event marks a major shift from Miami and highlights Bitcoin’s 140% price surge. #Bitcoin2024 #Update
Bitcoin and Ethereum saw over $50M in short liquidations as prices hit multi-week highs. $BTC rose above $66K, $ETH above $3,500. Despite gains, long positions saw $58M liquidated. Solana faced $4M, $XRP $4.5M, and Pepe $2.9M in short liquidations. Analysts predict potential new highs. #CryptoNews
Bitcoin ($BTC) surged to $66K and Ethereum ($ETH) surpassed $3,500, leading to over $50M in short liquidations within 24 hours. Data shows $BTC had $30M and $ETH had $21M in short liquidations. The total market saw $155M liquidated. Analysts highlight positive sentiment and institutional inflows. #Update
Governments of nine countries hold 517,414 BTC, worth $34B. The U.S. leads with 213,246 BTC, followed by China (190,000 BTC) and the UK (61,000 BTC). Ukraine ranks fourth with 46,351 BTC from donations and confiscations. #Bitcoin #Update
The Maelstrom Fund, founded by BitMEX co-founder @CryptoHayes, is offering grants from $50K to $250K to boost Bitcoin development. Funding in BTC, $USDC, and $USDT will be distributed by late 2024. Apply by Aug 25. #Update #Bitcoin #CryptoNews
Bitcoin surged past $66K with a record $422.5M inflow into U.S. spot Bitcoin ETFs. Notable ETFs, including @VanEck and @InvescoUS, saw major inflows. BlackRock’s Bitcoin assets now exceed $20B. #Crypto #Bitcoin #Update
BitMEX co-founder Arthur Hayes launches the Maelstrom Bitcoin Developer Grant Program, offering 12-month funding from $50K to $150K in BTC, USDC, and USDT. Applications open until Aug 25, with awards in Q3 & Q4 2024. Bitcoin is trading at $65,183, up 3.49%. #Update
