Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
U.S. spot Bitcoin ETFs saw a $84.7M inflow on July 18, marking the 10th day of positive movement. Grayscale Bitcoin Trust ($GBTC) had a $22.5M outflow. Hong Kong’s spot Bitcoin ETFs reported a modest net inflow of 1.6 BTC. #Update #Bitcoin #Crypto
Bybit reports a 17.8% increase in USDT holdings, a 400% surge in USDC deposits, and a decrease in DAI by 33%. Meanwhile, $BTC and $ETH show modest gains of 5.62% and 0.46%. #Update #CryptoNews
Bitcoin mining difficulty surged by 3.21% to 82.05 T on July 18, 2024, despite a declining hash rate. This suggests increased miner activity, although the 90-day hash rate trend is down. Next adjustment expected July 31, 2024. #Bitcoin #Update
Former President Trump endorses Bitcoin, marking a pivotal moment for politics. Key figures predict bipartisan support will make $BTC central to future U.S. elections. Rumors suggest Trump may announce Bitcoin as a “strategic reserve asset,” enhancing U.S. economic resilience. #Bitcoin
Crypto traders are on alert as $2B in $BTC, $ETH, $SOL, $XRP, and $MATIC options expire on Deribit amid slight selling pressure. The Fear and Greed Index jumped from 25 to 60, indicating high market volatility. #Update
#CryptoNews
BlackRock’s Bitcoin ETF has attracted 18,600 BTC ($1.2B) since July 2024, marking nine consecutive days of positive flow. Despite skepticism, Bitcoin stabilized above $64,400. Co-founder Thomas Farrer highlights the rarity of such consistent inflows, signaling potential institutional adoption. #Update #Bitcoin #ETF
Donald Trump may announce Bitcoin as a U.S. strategic reserve asset at a crypto conference in Nashville. This move could legitimize Bitcoin as “digital gold,” boosting prices and attracting investors. Experts believe this could enhance economic resilience and stability globally. #BitcoinNews
Former President Trump may announce a U.S. Bitcoin strategic reserve at the 2024 Bitcoin Conference in Nashville. Speculations hint Trump will declare $BTC a reserve asset, positioning it alongside gold. This move could legitimize Bitcoin. #Update
TON Foundation launches TON Teleport BTC, enabling secure and seamless Bitcoin transfers on the TON network. This bridge enhances Bitcoin utility, supporting exchanges, lending, and dApps. Earlier success with $USDT integration suggests strong potential. #Crypto #Update
#Update The European Central Bank paused interest rate hikes, mirroring concerns that the U.S. Federal Reserve might follow. The IMF advised the Fed to delay rate cuts until late 2024 due to robust economic growth and ongoing inflation worries. This could impact Bitcoin ($BTC) and the broader crypto market.
DeFi Technologies (@DeFiTech) boosts Bitcoin holdings to 204.34 BTC and adds 12,775 $SOL to its treasury, signaling strong commitment to the DeFi sector. #Crypto #DeFi #Updates
Bitcoin miner @CrusoeEnergy partners with Lancium to build a $multibillion AI data center in Texas, using 200 MW to support 100,000 GPUs. The project is part of a 1.2 GW clean energy expansion, set to be operational by 2025. #AI #Update
Bitcoin whales have accumulated 1.45M BTC in 2024, pushing their total to 1.8M BTC, valued at over $94B. Weekly accumulation of 100K BTC signals rising institutional interest. Governments in 9 countries collectively hold 517,414 BTC, valued at nearly $34B. #Crypto
Over 50% of Mt Gox creditors will hold onto their Bitcoin after receiving repayments, a Reddit poll reveals. The exchange is set to distribute 140,000 BTC ($9B) after a decade. This move reflects confidence in Bitcoin’s future value and growing trust in digital assets. #Bitcoin
