Arkham Intelligence moved $487M in $ARKM tokens to Coinbase Prime on July 18, 2024, driven by regulatory compliance and tax needs. The tokens, from vesting contracts, will be managed with a 3-year unlock schedule. $ARKM’s price is $1.61, with a $390.2M market cap. #CryptoNews
$BTC surpasses $67,000, with potential for a new ATH at Bitcoin Conference 2024 in Nashville (July 25-27). Key events: Trump may announce BTC as strategic reserve, Mt. Gox repayments end, and possible Fed rate cut. Institutional interest evident with $17B in U.S. Spot Bitcoin ETFs. #Crypto
Ethereum ($ETH) surged 15% since July 10, hitting $3,835.43 at its peak. The SEC may approve spot Ether ETFs soon, boosting market credibility. Meanwhile, Tornado Cash sees $2B in deposits despite U.S. sanctions. #CryptoNews
Spot Bitcoin ETFs in the US have hit a milestone with over $17B in YTD net flows as of July 19. $IBIT leads with $1.2B in trading volumes, followed by $FBTC with $410M. Institutional investors drive this growth, with 79% increasing their holdings. #CryptoInvesting
CBOE confirms launch of 5 spot Ethereum ETFs on July 23, including 21Shares, Fidelity, Franklin, Invesco, and VanEck. This move marks a key step toward mainstreaming ETH financial products. #CryptoNews @CBOE #Ethereum $ETH
Dogecoin ($DOGE) sees a 15% weekly price increase due to significant whale accumulation. One whale acquired 800M DOGE ($101M) from Robinhood. With 75% of holders in profit and 67% as long-term investors, DOGE adoption hits 90M addresses. Current price: $0.1264. #CryptoNews
? On July 19, 2024, @RhoMarkets detected a $7.6M breach caused by unauthorized oracle access on the Scroll chain. Affected pools: $USDT, $USDC. Confirmed to be an MEV-bot misconfiguration, not a hack. Operations paused, funds to be returned. #CryptoSecurity
Vitalik Buterin argues #Ethereum is more decentralized than #Bitcoin at ETHCC in Brussels. He highlights Ethereum’s diverse validators and energy-efficient Proof-of-Stake model post-Merge, contrasting Bitcoin’s mining pool dominance. Ethereum’s 1M validators underscore its robust decentralization. #CryptoNews
BitForex will resume withdrawals after a $56.5M security breach in Feb 2024. Trading, deposits, and new registrations are still on hold. Users with perpetual futures contracts must provide KYC verification. This step aims to enhance platform security and user trust. #CryptoSecurity
The SEC rescheduled its closed meeting to July 25, raising hopes for a Ripple ($XRP) case resolution. However, XRP lawyer Bill Morgan clarifies that the meeting is unrelated to Ripple v SEC. The case, significant for crypto regulations, continues with no current settlement. #CryptoNews
A crypto whale accumulated 2.7 trillion $SHIB tokens worth $48.34M from Robinhood, sparking investor optimism. The whale’s wallet now holds $653.52M in SHIB. Lead dev Shytoshi Kusama emphasizes SHIB’s decentralized capabilities. SHIB’s price rose 1.87% to $0.00001789. #ShibaInu
Indian crypto exchange @WazirX was hacked on July 18, 2024, losing over $230M in assets. Attackers exploited a flaw in Liminal’s multisig wallet, seizing 15,298 ETH, later converted to 59,097 ETH. Forensic teams and law enforcement are investigating, but Tornado Cash and the Lazarus Group complicate recovery. #CryptoSecurity
.@BitwiseInvest CEO Hunter Horsley reveals a major U.S. bank has invested heavily in Bitwise’s Bitcoin ETFs. This marks a key milestone in crypto adoption, with 20% of the bank’s wealth management branches buying in. Bitwise’s Bitcoin ETF holds 40,499.93 BTC valued at $2.71B. #CryptoNews
Cboe will launch five spot Ethereum ETFs on July 23, 2024, confirmed by Nate Geraci from @ETFStore. Grayscale Investments increases fees while others waive them. Ethereum trades above $3500, up 11% weekly. This can boost crypto investment. #Ethereum $ETH
