Upbit restricts crypto trading for employees, blood relatives, and executives ahead of the Virtual Asset User Protection Act (VAUPA) on July 19. The exchange’s transparency report includes measures against insider trading and price manipulation. This move aims to ensure user safety and market stability. #CryptoRegulation
$ZEUS surged 19% to $0.2931 after major upgrades, now at $0.2705 with a $45.4M market cap. New features: ZeusScan for Solana asset monitoring and Muses Wallet for multi-chain management. Listed on @OKX. #CryptoNews
BIS issues new guidance favoring permissioned stablecoins, threatening the future of $USDT and $USDC. Final report by Basel Committee tightens criteria for stablecoins, effective Jan 1, 2026. Caitlin Long criticizes the move as a setback for US crypto leadership. #CryptoRegulation
? Bitcoin surged past $65K, driven by strong inflows into spot Bitcoin ETFs and institutional buying. Whales have accumulated 1.45M BTC this year, pushing their total to over 1.8M BTC. Despite volatility, analysts suggest the dip could set up the next rally. $BTC #CryptoNews
US Bitcoin ETFs have surged, accumulating over 900,000 BTC as of July 17, 2024. BlackRock’s $IBIT led with $1B in inflows in 8 days. Wednesday saw $53M inflows, pushing prices above $65,000, despite $57M outflows from Grayscale’s $GBTC. Total US inflows now exceed $16B.
Donald Trump’s campaign raised $331M in Q2 2024, including $3M in crypto donations from over 100 individuals. Major contributors included the Winklevoss twins and Jesse Powell, with donations in $BTC, $ETH, Shiba Inu, and ApeCoin. #CryptoUpdate
Nine governments hold $34B in Bitcoin, led by the USA with 213,246 BTC ($13.9B) from criminal seizures like Silk Road. China has 190,000 BTC from Plus Token Ponzi. The UK holds 61,000 BTC. El Salvador, the only nation to legalize Bitcoin, owns 5,800 BTC. #CryptoNews
Elon Musk and other tech leaders back Donald Trump for the 2024 U.S. Presidential election. Musk, who reinstated Trump’s account on X and pledged $45M monthly to a supporting Super PAC, aligns with Trump on free speech despite differing on climate change. #Election2024
Mark Cuban predicts $BTC will become a safe haven under Trump. Silicon Valley’s support may lead to favorable SEC changes for crypto. With Trump’s policies potentially causing inflation, Bitcoin’s limited supply and inflation resistance could boost its value. Key figures like @Winklevoss support Trump. #CryptoNews
Grayscale launches Decentralized AI Fund, targeting AI crypto projects like $FIL and $NEAR. The fund offers exposure to the booming AI market, now worth $184B. #Crypto #AI
Ethereum ETFs approved by the SEC for major institutions like @BlackRock and @Fidelity could drive $ETH to new highs by year-end. With 40% of ETH locked in staking and DeFi, the scarcity may amplify price gains. Currently trading at $3,486.93, ETH is up 2%. #CryptoNews
Bitcoin and Ethereum saw over $50M in short liquidations as prices hit multi-week highs. $BTC rose above $66K, $ETH above $3,500. Despite gains, long positions saw $58M liquidated. Solana faced $4M, $XRP $4.5M, and Pepe $2.9M in short liquidations. Analysts predict potential new highs. #CryptoNews
21Shares updates its S-1 filing for a Spot Ethereum ETF, offering a six-month sponsor fee waiver or until assets hit $500M, to attract investors. #Ethereum #CryptoNews
OKX to cease operations in Nigeria by August 16 due to regulatory changes. Users advised to close positions and withdraw funds. This follows a trend of crypto firms exiting Nigeria amid rising regulatory challenges. #CryptoNews
