Bitcoin Surge: DeFi Adds Solana to Treasury
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
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Bitcoin Miner Crusoe Builds Texas AI Data Center
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 Purchase $94.1B in 2023
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
Reddit Poll: Majority of Mt Gox Hold Bitcoin
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
Bitcoin: Future Global Reserve Currency Potential
Billionaire @mcuban predicts Bitcoin could become a global reserve currency if the U.S. dollar depreciates due to inflation and geopolitical instability. He notes that a Trump victory might ease crypto operations, boosting $BTC as a safe haven. #Crypto #Update
Bitcoin Breach: Mt. Gox Creditors Report Hack
#Update Mt. Gox creditors report unauthorized login attempts on their accounts, sparking fears of a new Bitcoin hack. Despite these attacks, two-factor authentication (2FA) has protected many users. The exchange, in its distribution phase, holds $3.05 billion in BTC. Security measures like 2FA are crucial. $BTC
Bitcoin Inflows Fuel Next Bull Run
? 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
Bitcoin ETFs Near 1 Million BTC Milestone
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.
Senator Convicted: Bitcoin Critic Faces Bribery Charges
U.S. Senator Bob Menendez, who called Bitcoin “perfect for criminals,” was convicted of bribery and acting as a foreign agent. He accepted gold bars, a Mercedes-Benz, and $480K in cash. Sentencing is on October 26, 2024. #CryptoRegulation #Update
Bitcoin ETF Inflows Skyrocket to $422 Million
U.S. spot Bitcoin ETFs saw a net daily inflow of $422.67M on July 16, 2024, marking the eighth consecutive growth day. $IBIT led with $260.23M. Hong Kong mirrored this trend with 29.98 BTC inflows. Rising crypto prices boost investor sentiment. #Bitcoin #Update
Bitcoin Bridge by TON Foundation Launched
TON Foundation introduces TON Teleport BTC, a trustless bridge integrating $BTC with The Open Network, enhancing Bitcoin’s utility across decentralized apps and exchanges on the Telegram-focused blockchain. #Update #CryptoNews
Bitcoin Surge: Silicon Valley and Trump Unite
Billionaire Mark Cuban says Silicon Valley’s backing of Trump is tied to Bitcoin. Trump’s tax cuts could boost BTC prices. Geopolitical shifts may accelerate growth. Key figures like @pmarca & @joelonsdale have donated millions. $BTC #Bitcoin #Update
Bitcoin Holdings by Nine Countries Reach $34 Billion
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
Billionaire Predicts Bitcoin Safe Haven Under Trump
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