CoinEx advances CET tokenomics with significant buybacks and burns, including the largest burn of 1.08B tokens in March 2021. As of July 18, 2024, CET’s circulating supply is 2.7B after burning $3.16M worth in Q2 2024. #CryptoNews #Update
Crypto investment funds attracted $1.35B in inflows, boosting AUM to $97.6B. $ETH saw $45.3M in inflows amid optimism for spot ETFs in the US. $SOL, $XRP, and multi-asset products also gained. Trading volumes surged 45%. The US led with $1.3B inflows. #Update
Donald Trump, now the presumptive Republican nominee, embraces #crypto, speaking at a Bitcoin conference and picking pro-Bitcoin Ohio Senator J.D. Vance as VP. Bitcoin rises on the news, but concerns over Jamie Dimon as Treasury Secretary linger. #Update
Crypto liquidations surged 150% in 24 hours, hitting $174M, as Biden exits and Harris enters the race. $BTC led with $49.5M liquidated, followed by $ETH at $36.6M. Binance saw the largest liquidation of $10.95M. #CryptoNews
Iowa AG Brenna Bird, backed by six states, challenges SEC over crypto regulation, claiming it stifles innovation and oversteps state laws. The coalition demands clear congressional authorization for such vast oversight. #Cryptocurrency #Update
.@HIVEDigital plans to build a 100MW Bitcoin mining center in Paraguay, aiming to double revenue and add 6.5 EH/s to operations. This will generate over $100M for Paraguay’s government utility. #CryptoNews
Developers have rug pulled the ETHTrustFund on Base network, causing $2M in losses. Funds moved to a new wallet were flagged by Octoshi. PeckShield confirmed the use of Tornado Cash to obscure trails. #CryptoScam #Update
DeFi TVL soared 72.8% to $94.1B in six months, driven by institutional investment and U.S. SEC approval of spot Bitcoin ETFs. Bitcoin hit an all-time high above $73K. Crypto market cap reached $2.27T, up 37% YTD. NFTs remain volatile. #Crypto #Update
Analysts detect significant capital movements in Mt. Gox wallets, transferring 0.021 BTC and $1.15 in Bitcoin on July 22, 2024, likely for client compensation. Over $6B in BTC is held, signaling efforts to restore trust in crypto. #Bitcoin #CryptoNews
Helium’s price surged 11% to $4.96 amidst a market rally, up over 40% this week. Helium ($HNT) now ranks 88th globally with a market cap of $797M. The rise is linked to Bitcoin’s 7% increase. #CryptoUpdate
President Biden won’t seek re-election in 2024. Focus shifts to VP Kamala Harris, who remains silent on crypto. Ryan Montoya, her aide, supports blockchain. Gov. @GavinNewsom backs blockchain; Gov. @JoshShapiroPA’s stance is unclear. #Update #CryptoNews
Mt. Gox is set to repay its creditors in Bitcoin, just as Ethereum ETFs launch on July 23. With 138,000 BTC ($8.91B) in control, this has boosted market sentiment, pushing Bitcoin above $68,000 and Ethereum over $3,550. Cryptocurrency trading volume is up 43%. #CryptoNews
Nate Geraci, President of ETF Store, predicts the imminent launch of a new spot ETF combining Bitcoin, Ethereum, and Solana, reflecting growing institutional interest in diversified crypto ETFs. Spot Bitcoin ETFs have accumulated over 900,000 BTC ($60B) since Jan 2024. #CryptoETF
AVAX surged 13% in 24 hours, trading at $32.2 with volume tripling to $829M, following @ChronosWorlds’ announcement of using @Avalanche for its RPG game. This highlights growing blockchain use in gaming. #Update #AVAX $AVAX #CryptoNews
