Cryptocurrency exchange @OKX will delist over 30 trading pairs tied to $BTC and $ETH starting July 25 to optimize liquidity. Affected pairs include $LTC/ETH and $MATIC/BTC. Users must cancel active orders to avoid automatic cancellations. #CryptoNews
Spot Bitcoin ETFs in the U.S. saw $533.6M inflows on July 22, the highest since June 4. Fidelity @WiseOrigin, Invesco @GalaxyFund, and Franklin recorded positive inflows, while @VanEck saw outflows of $38.4M. Bitcoin price fell 1.3% to $66,650. #Update
BlackRock’s Bitcoin ETF ($IBIT) saw a record $526.7M inflow on July 22, 2024, marking its highest since March. Other crypto funds, FBTC and BTCO, also gained, while VanEck’s HODL ETF lost $38.37M. This surge underscores growing crypto adoption. #Update
Bitcoin firm @SwanBitcoin suspends its mining operations and delays IPO plans amid market volatility. This strategic pause highlights the challenges in the crypto industry and may prompt other firms to reassess their strategies. #Update #CryptoNews
Mt Gox has moved $2.8B in Bitcoin ($BTC) as part of its creditor repayment plan. The transfers, totaling 47,697 BTC, indicate preparations for repayments. This comes ahead of the Spot Ethereum ETFs launch, sparking market speculation. Current holdings: 90,344 BTC (~$6B). #CryptoNews
BlackRock’s Bitcoin ETF ($IBIT) saw a $0.5B inflow on July 22, boosting total holdings to $22.5B. The share price surged 20% in two weeks. $IBIT’s inflows hit $2B in 12 trading days, leading the US Bitcoin ETF market. $IBIT now trades nearly $1B weekly. #Update
Metaplanet (@MetaplanetFirm) acquired 20.38 BTC for $1.2M, boosting its stock by nearly 20%. The firm now holds 245.99 BTC, valued at $16.5M, underscoring its strong Bitcoin strategy. With BTC trading near $67,400, this move may inspire more institutional investments. #Update
The US government moved nearly $4M in Bitcoin to Coinbase Prime, sparking selloff concerns. Despite holding 213,239 BTC worth ~$14.43B, the market remains bullish with Trump’s upcoming Bitcoin Conference speech and strong ETF inflows. Bitcoin surged 1%, crossing $68,200 with volume up 84%. #Update
Polymarket bettors doubt @realDonaldTrump will announce a U.S. Bitcoin reserve at the Bitcoin 2024 conference. The odds are only 22% for a declaration by July 28. Such a move could make the U.S. the largest Bitcoin holder. #Update #Bitcoin
OKX launches OKX Racer, a new Telegram app where users predict Bitcoin price movements for rewards. Players earn points, multipliers, and referral bonuses. Jason Lau highlights its role in strengthening the crypto community. #Update #Bitcoin $BTC @OKX
Bitcoin mining stocks like $CORZ, $RIOT, and $MARA surged as Bitcoin rose 26% this month. Investors expect Bitcoin to hit $70K soon, driven by election polls favoring Trump and strategic industry moves. #Update #Bitcoin
Bitcoin ($BTC) has decoupled from the S&P 500, surging amidst U.S. policy changes and market turbulence. Michael Saylor notes BTC’s 55% gain since Aug 2020, outperforming the S&P 500 and Nasdaq. This positions BTC as a potential safe-haven asset. #CryptoNews
Mt. Gox is set to repay its creditors in Bitcoin, just as Ethereum ETFs launch on July 23. With 138,000 BTC ($8.91B) in control, this has boosted market sentiment, pushing Bitcoin above $68,000 and Ethereum over $3,550. Cryptocurrency trading volume is up 43%. #CryptoNews
Elon Musk (@elonmusk) arrived in Tennessee on July 21, fueling rumors about his attendance at the Bitcoin Conference in Nashville on July 27. His laser eyes profile pic, a Bitcoin symbol, adds to the buzz. Speculation includes Trump proposing a US Strategic Bitcoin Reserve. #BitcoinConference2024
