Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
? The UK’s Solicitors Regulation Authority warns of a scam where fraudsters impersonate lawyers, demanding Bitcoin payments via fake emails. Verify legal communications through official channels to avoid falling victim. #CryptoScam #Update
Bitcoin whales are increasing their holdings by 6.3% monthly, despite BTC trading at $58,200. The BTC accumulation trend score surged to 0.44, a three-month high. This strategic move indicates confidence in a market rebound. #Update #Bitcoin $BTC
Binance will delist key margin pairs $BTC/$TUSD and $TUSD/$USDT on July 24, 2024. Isolated margin borrowing for these pairs halts on July 12, 2024. TUSD balances in Cross Margin Wallets convert to $USDT automatically, impacting new positions. #CryptoNews
Germany sold 1125 BTC through Coinbase, Kraken, and Bitstamp as part of liquidating seized assets from a movie piracy site. The BTC price remained stable at $57K. Germany’s reserves are now 13,177 BTC, down from 50,000 in June 2024. #Cryptocurrency #Update
Bitcoin rebounds to $58K after a recent sell-off. On-chain data shows a 2-month high in wallets holding over 10 BTC. Whale and shark wallets surged in July, adding 261 more wallets. Custodial wallets amassed 85K BTC, reflecting long-term confidence. #Crypto #Bitcoin
Rostin Behnam, Chairman of @CFTC, declares Bitcoin and Ethereum as commodities, not securities, during U.S. Senate testimony. This aligns with an Illinois court ruling on $OHM and $KLIMA. Behnam stresses the need for robust regulatory oversight in the crypto market. #CryptoNews
Federal Reserve Governor Lisa Cook hints at rate cuts, signaling a potential “soft landing” for the US economy. Traders anticipate a 25 basis points cut in September. Bitcoin could surpass $60K if CPI data is favorable. Recent short covering saw Bitcoin peak at $59,350. #Update #Economy #Bitcoin
Former US President Donald Trump will speak at the Bitcoin 2024 conference, advocating for “MADE IN USA” Bitcoin mining and criticizing Biden’s crypto regulations. Debate arises over his genuine intent versus election strategy, with support from industry figures like the Winklevoss Twins. #Bitcoin2024
Bitcoin whales are accumulating as $BTC trades below $60K, with balances up 6.3% monthly, says @cryptoquant_com. Despite market drops, whale activity is strong, hinting at confidence in long-term gains. #Update
Anthony Pompliano (@APompliano) dismisses the idea that a Trump win will trigger a #Bitcoin rally, stressing broader market dynamics and time as key factors. He notes Bitcoin’s resilience despite recent sell-offs and predicts institutional investors will drive future price surges. #Update
Rex Shares launches double-leveraged Bitcoin ETFs, challenging ProShares’ dominance. Analyst Eric Balchunas expects significant market impact. Spot Bitcoin ETFs hit $50B in assets, pushing BTC to a record $70K in March. Matt Tuttle of Tuttle Capital sees expanded digital asset offerings. #Update
Bitcoin mining stocks rebounded Wednesday with $RIOT and $MARA shares up over 1%. Gains of 1.5%+ were seen in $CLSK, $IREN, $CORZ, and $WULF as Bitcoin prices rose from $53,520 to $59,390. #Update
Bitcoin ($BTC) and XRP ($XRP) are in focus as the U.S. Senate Committee and Rep. Ro Khanna’s roundtable discuss future crypto regulations today. With the CFTC Chair and Ripple’s CEO participating, Bitcoin is up nearly 2% ($58,510.62) and XRP at $0.4417. #CryptoRegulations
Nomic and @osmosiszone partner to waive Bitcoin bridging fees after a DAO vote with 99.6% approval. This move aims to boost $BTC liquidity on Osmosis. #CryptoNews #BTC
