Bitcoin Nashville kicks off today with key figures like Donald Trump and @CynthiaMLummis. Trump to deliver a “historic message,” while Lummis may push for Fed to hold Bitcoin. $BTC gains political traction. #Update #BitcoinNashville
On July 24, 2024, US spot Bitcoin ETFs saw a $44.51M inflow. Leading the surge, BlackRock’s IBIT fund attracted $65.99M, while Grayscale’s GBTC fund faced a $26.22M outflow. This highlights a shift in investor preferences within the crypto market. #BitcoinETFs #CryptoNews
Japan’s SBI Holdings partners with US investment firm Franklin Templeton to launch a Bitcoin ETF-focused investment company. With SBI holding a 51% stake, this move aligns with Japan’s anticipated easing of Bitcoin ETF regulations. #BitcoinETFs #CryptoMarket #FinanceNews
Coinbase liquidated a Chinese investor’s Bitcoin due to inactivity, transferring funds to Wyoming’s Unclaimed Property Division. This highlights the risks and importance of managing digital assets. “Not your keys, not your coin,” noted one commenter. Potential asset recovery is possible by proving identity. #Update
Senator Cynthia Lummis (@CynthiaMLummis) to propose a bill at Bitcoin 2024 requiring the Federal Reserve to hold Bitcoin as a strategic reserve asset. This historic move aims to strengthen U.S. financial reserves and boost cryptocurrency adoption. #Bitcoin #Update
Sen. Cynthia Lummis will propose legislation to designate Bitcoin as a strategic reserve asset at the Bitcoin 2024 conference. If passed, this bill could see the Federal Reserve holding Bitcoin, enhancing U.S. financial stability. #Bitcoin2024
? 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
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
Bitstamp will distribute $BTC, $BCH, and $ETH from Mt. Gox to hack victims starting July 25. Reportedly, 2,619 $BTC worth $172M was moved to Bitstamp, while 32,371 $BTC valued at $2.13B went to an unlabeled wallet. #Update
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
Crypto.com celebrates its 8th anniversary by launching a groundbreaking Bitcoin ad on the MSG Sphere in Las Vegas. This makes Bitcoin the first cryptocurrency to be featured on the 54,000 sqm LED screen, underscoring its mainstream acceptance. #Bitcoin #Update
Europol’s April 2024 IOCTA report highlights Bitcoin’s dominance in cybercrime, especially in fraud and money laundering. It also notes a rise in the use of stablecoins like $USDT and privacy-focused currencies like Monero. New AML regulations aim to counteract these trends. #Update
Fold, a Bitcoin fintech firm, plans to go public via a merger with FTAC Emerald Acquisition valued at $365M. The deal, expected to close in Q4, will make Fold the first Bitcoin-powered financial services company. #Bitcoin #Update
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
