? Major news! The Bitcoin Conference in Nashville, July 25-27, will feature key speakers like Donald Trump and Robert F. Kennedy Jr. Trump now supports Bitcoin and accepts crypto for his campaign. Expect discussions on crypto’s future and policy impact. #BitcoinConference2023
Chinese e-commerce giant @JD_Central to launch Hong Kong dollar stablecoin, JD Stablecoin, via subsidiary JD Coinlink. Pegged 1:1 to HKD, backed by liquid assets. #Fintech #CryptoNews
Bitstamp begins distributing $BTC, $BCH, and $ETH to Mt. Gox creditors, ending a decade-long wait for 20,000 investors. This follows Bitcoin’s rise from $600 in 2014 to about $51,000 today. Over $9 billion in cryptocurrencies are being returned. #CryptoNews
Proton, the Swiss privacy company, launched Proton Wallet, a self-custody wallet for $BTC. It lets users send Bitcoin via email and buy BTC in 150+ countries. Security features include 2FA and Proton Sentinel. #CryptoNews
Senator @CynthiaMLummis opposes a 30% energy tax on Bitcoin miners, arguing it risks pushing the industry overseas and stifles innovation. Up to 52.6% of Bitcoin mining is emissions-free, and the tax targets even off-grid sources. #CryptoNews
Polymarket partners with MoonPay to add bank transfers, credit cards, and more crypto options for betting amid surging volumes. Trading hit $260M in July, driven by the US presidential elections. Despite growth, @PolymarketHQ remains unavailable in the US due to regulations. #CryptoNews
Uniswap (@Uniswap) announces a major upgrade to UniswapX, introducing a redesigned auction contract to enhance trade execution and quoting speeds. $UNI traded at $7.67, down 2.46% over 24h. Update first on web, mobile soon. #DeFi sees increased institutional interest and Bitcoin ETF approvals.
Bitcoin could hit $100K soon, says Ding Chen, CEO of CSOP Asset Management, driven by Trump’s expected major announcement at the Bitcoin Conference. CSOP launches Asia’s first inverse Bitcoin ETF in Hong Kong, letting investors profit from BTC declines. Despite outflows, institutional interest stays strong. #Bitcoin
Hex Trust secures in-principle approval for a Major Payment Institution license from the Monetary Authority of Singapore, allowing legal crypto custody and OTC trading services. This strengthens regulatory collaboration and enhances digital asset security for institutional clients. #Crypto
Kraken faces scrutiny as some Mt Gox creditors claim they haven’t received their $BTC repayments. Users report poor communication from Kraken and the Mt Gox trustee. Significant transfers suggest repayments might be imminent, with Arkham Intelligence noting a $2.8B BTC transfer. #CryptoNews
Hex Trust receives approval from the Monetary Authority of Singapore to offer Digital Payment Token services, enhancing regulatory clarity for institutional clients’ digital asset management. This follows their 2023 Dubai license and $104M funding. #CryptoRegulation
Spot $ETH ETFs launched on July 23, hitting $1.1B in first-day trading. BlackRock’s $ETHA accounted for 25% of $IBIT’s volume. Despite high activity, $ETH dipped 1%. Analysts foresee a rally if $ETH breaks $3,730. This could challenge $BTC’s dominance. #CryptoNews
Peter Schiff warns of a new threat to $BTC as Spot $ETH ETFs begin trading in the U.S., potentially shifting market dynamics. Rapid uptake noted with $461M trading volume in the first 90 minutes. BTC at $66K (down 2%), ETH at $3,412 (down 1.4%). #crypto
Spot Ethereum ETFs debut with a $361M trading volume in 90 minutes, ranking in the top 1% of all ETFs. Leading funds: $ETHE $147.8M, $ETHA $71.4M. #CryptoNews
