Bitcoin surges 8.7% to $61,015 as optimism around Donald Trump’s pro-crypto stance grows. German gov’s liquidation of 50,000 BTC and $1B net inflows into U.S. BTC ETFs boost market sentiment. Network hash rate climbs to 598 EH/s. #Bitcoin #Update
Hackers laundered $35M via Cambodian platform Huione after the DMM Bitcoin breach on May 30, 2024. Expert @zachxbt suspects the Lazarus Group’s involvement. Tether froze $28.2M of stolen funds on July 12. The breach underscores cryptocurrency security vulnerabilities. #CryptoSecurity
Bitcoin surges past $65K, fueled by a 93.3% chance of a Fed rate cut and $16B inflows into the U.S. Spot Bitcoin ETF. Mt. Gox repayment concerns mitigated, with minimal impact on prices expected. BTC hovers around $64,500 with futures up 3%. #Update #Bitcoin
U.S.-listed bitcoin miners now control 26.6% of global hashrate, reaching this milestone in June 2024, notes JPMorgan. Market cap surged 29%, driven by AI integration. Key players include @RiotPlatforms, Bitfarms, and CleanSpark. #BitcoinMining #Update
Jack Dorsey’s @blocks fintech startup teams with @moonpay to simplify $BTC buying via bank cards, Google Pay, and PayPal. Bitkey will soon allow crypto-to-fiat conversions, expanding self-custody and Bitcoin’s ecosystem. #Update #Bitcoin
Mt. Gox begins repaying 13,000 creditors in $BTC and $BCH, totaling 95,869.97 BTC (~$6.06B). Significant Bitcoin transfers caused a price dip to $62,000. Analysts warn of potential market volatility due to possible selloffs. #CryptoNews
Spot Bitcoin ETFs have surged to $16.16B, outpacing estimates. Major players like @MillenniumMgmt, Apollo Global, and Susquehanna hold 17% of assets. Meanwhile, Grayscale Bitcoin Trust faces outflows due to high fees. #Update $BTC #CryptoNews
Daily net capital inflow into spot Bitcoin ETFs hit $301.04M on July 15, marking the 7th consecutive day of gains and indicating strong investor confidence. Hong Kong also saw inflows in Bitcoin (49.85 BTC) and Ethereum (353.4 ETH) spot ETFs. #Crypto #Update
Satoshi Protocol, backed by @CMSHoldings and RockTree Capital, raised $2M to enhance security and integrate Layer-2 solutions. Bitcoin holders can now mint SAT stablecoins as collateral. The move boosts BTC liquidity options. #Bitcoin #CryptoNews
Loka partners with Hashlabs to boost Bitcoin mining liquidity via a new DeFi protocol. Miners in Ethiopia, Finland, and Kazakhstan can now sell future rewards, leveraging renewable energy for sustainable mining. #BitcoinMining #Update
Kraken confirms receiving $BTC and $BCH for Mt. Gox creditor repayments. Distributions to users will occur within 14 days. Mt. Gox recently transferred $6B in Bitcoin. This could affect market dynamics. #Update
Craig Wright, who claims to have created Bitcoin, may face perjury charges in the UK. A London judge has sent his case to prosecutors, citing evidence of lies and document forgery. This could lead to serious legal consequences, including arrest and extradition. #Crypto
Kraken confirms receipt of $BTC and $BCH from Mt. Gox trustee. Funds will be deposited into creditors’ accounts within 7-14 days. Mt. Gox moved 95,869.97 BTC ($6.06B) recently. This marks a major step in repaying creditors and highlights Kraken’s efficiency. #CryptoNews
Bitcoin’s hashrate hit a post-halving low while its price climbed above $60K. Difficulty set to rise as 7-day average hashrate surpasses 600 EH/s. Despite low transaction fees, miners face challenges ahead. #Update #Bitcoin $BTC
