Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin surged to nearly $66K, causing $200M in liquidations. If it hits $72.4K, $19B in short liquidations could follow. $65.2M in BTC derivatives were liquidated in 24h, mainly on OKX and Binance. Analysts see potential for further gains up to $71.5K. #Crypto #Update
BlackRock’s Bitcoin ETF, $IBIT, hits a record $18.5B AUM in just six months. On July 16, it added 4,005 BTC with a $260M inflow. Strong inflows have continued for eight consecutive days, pushing total Bitcoin ETF AUM to $16B. #Update #Bitcoin #Crypto
Deribit is launching BTC and ETH options expiring on Nov 8, 2024, to let investors speculate on the U.S. election’s impact on the crypto market. This early rollout, starting July 18, meets client demand for strategic positioning. #Crypto #Update
Bitcoin surges 8.7% to $61,015 as optimism around Donald Trump’s pro-crypto stance grows. German gov’s liquidation of 50,000 BTC and $1B net inflows into U.S. BTC ETFs boost market sentiment. Network hash rate climbs to 598 EH/s. #Bitcoin #Update
Hackers laundered $35M via Cambodian platform Huione after the DMM Bitcoin breach on May 30, 2024. Expert @zachxbt suspects the Lazarus Group’s involvement. Tether froze $28.2M of stolen funds on July 12. The breach underscores cryptocurrency security vulnerabilities. #CryptoSecurity
Bitcoin surges past $65K, fueled by a 93.3% chance of a Fed rate cut and $16B inflows into the U.S. Spot Bitcoin ETF. Mt. Gox repayment concerns mitigated, with minimal impact on prices expected. BTC hovers around $64,500 with futures up 3%. #Update #Bitcoin
U.S.-listed bitcoin miners now control 26.6% of global hashrate, reaching this milestone in June 2024, notes JPMorgan. Market cap surged 29%, driven by AI integration. Key players include @RiotPlatforms, Bitfarms, and CleanSpark. #BitcoinMining #Update
Jack Dorsey’s @blocks fintech startup teams with @moonpay to simplify $BTC buying via bank cards, Google Pay, and PayPal. Bitkey will soon allow crypto-to-fiat conversions, expanding self-custody and Bitcoin’s ecosystem. #Update #Bitcoin
Mt. Gox begins repaying 13,000 creditors in $BTC and $BCH, totaling 95,869.97 BTC (~$6.06B). Significant Bitcoin transfers caused a price dip to $62,000. Analysts warn of potential market volatility due to possible selloffs. #CryptoNews
Spot Bitcoin ETFs have surged to $16.16B, outpacing estimates. Major players like @MillenniumMgmt, Apollo Global, and Susquehanna hold 17% of assets. Meanwhile, Grayscale Bitcoin Trust faces outflows due to high fees. #Update $BTC #CryptoNews
Daily net capital inflow into spot Bitcoin ETFs hit $301.04M on July 15, marking the 7th consecutive day of gains and indicating strong investor confidence. Hong Kong also saw inflows in Bitcoin (49.85 BTC) and Ethereum (353.4 ETH) spot ETFs. #Crypto #Update
Satoshi Protocol, backed by @CMSHoldings and RockTree Capital, raised $2M to enhance security and integrate Layer-2 solutions. Bitcoin holders can now mint SAT stablecoins as collateral. The move boosts BTC liquidity options. #Bitcoin #CryptoNews
Loka partners with Hashlabs to boost Bitcoin mining liquidity via a new DeFi protocol. Miners in Ethiopia, Finland, and Kazakhstan can now sell future rewards, leveraging renewable energy for sustainable mining. #BitcoinMining #Update
Kraken confirms receiving $BTC and $BCH for Mt. Gox creditor repayments. Distributions to users will occur within 14 days. Mt. Gox recently transferred $6B in Bitcoin. This could affect market dynamics. #Update
