Core Scientific mined 430 BTC in June, totaling 4,506 BTC for 2024. They secured a $1.23B deal with AI firm CoreWave and expanded their Denton, TX data center by 72 MW. Their fleet achieved 19.4 EH/s, with 42,000 hosted units contributing 110 BTC. #Update
#Update U.S. job growth slows in June with 206K jobs added vs. 190K expected. Unemployment rises to 4.1%, while average hourly earnings grow by 0.3%. Inflation cools, hinting at potential rate cuts. Bitcoin rebounds to $55,268 as investors anticipate rate cuts. $BTC $BCH #JobMarket #Inflation #Bitcoin
Bundestag member Joana Cotar criticizes the German govt for selling $BTC holdings worth $195M. Cotar urges alignment with the U.S. to treat #Bitcoin as a strategic reserve asset. A lecture on Oct 17 will discuss Bitcoin-backed bonds for economic stability. #Update
Binance will delist certain $BTC margin trading pairs on July 8, 2024, impacting $DGB, $TLM, and $VOXEL. Trading for these pairs will be suspended on July 7, 2024. Users should close positions and transfer assets to Spot Wallets. #Update
UK Labor Party’s landslide win positions Keir Starmer as next PM, succeeding Rishi Sunak. Future crypto policies remain uncertain, but Labor’s pro-industrial growth stance could benefit $BTC and Web3. Experts predict the tokenization industry could surpass $16 trillion in the next decade. #Update
U.S. macroeconomic uncertainty drove Bitcoin to a two-month low under $57K. Cooling inflation may soon bolster risk appetite, says Bitfinex’s Jag Kooner. Friday’s NFP report could impact expectations for rate cuts. #Bitcoin #Update
Michael Saylor (@saylor) celebrates “BTC independence” on U.S. Independence Day. Despite a 10% market drop, MicroStrategy invests $786M, reflecting long-term confidence in #Bitcoin. $BTC #Updates
US Bitcoin ETFs saw $20.45M outflows on July 3, 2024, marking the second consecutive day of withdrawals. Grayscale’s $GBTC fund lost $27M, while Fidelity’s $FBTC gained $6.55M. Similar trends in Hong Kong signal a potential shift in global sentiment. #Update
Bitdeer (@Bitdeer_Group) is incorporating AI and high-performance computing to optimize Bitcoin mining. With plans to add 1,079MW to its data centers, it aims to power 900K homes. U.S. candidate @realDonaldTrump sees Bitcoin mining as key to his campaign. #Bitcoin #Update
UniSat Wallet completes Pre-A funding round led by @BinanceLabs, finalizing in May 2024. This partnership aims to enhance Bitcoin and Ordinals management, focusing on security and ease of use. Valued at $50M in July 2023, UniSat will leverage Binance’s strategic investment for tech advancements. #CryptoNews
On July 4, 2024, a Bitcoin wallet dormant for 12 years transferred $6.9M in BTC. Initially worth $600 in 2012, it moved 119 BTC, sparking interest in the crypto community. This mirrors a similar event earlier in July. #Bitcoin #CryptoUpdate
Bitcoin Core developers, led by Antoine Poinsot, introduced a new policy for disclosing critical vulnerabilities, enhancing transparency and bug detection. Ten vulnerabilities affecting versions up to 0.21.0 were disclosed. This proactive stance boosts long-term security for the Bitcoin network. #Bitcoin #Crypto
The German government sold 1,300 Bitcoin ($76.5M) to @Coinbase, @krakenfx, and @Bitstamp amid a price dip below $59K. This sale adds to the 8,000 BTC already offloaded, leaving 42,059 BTC. Recent transfers to Flow Traders reflect efforts to mitigate crypto market risk. #CryptoNews
Spot Bitcoin ETFs faced a $20M net outflow on July 3, with Grayscale’s $GBTC seeing a $26.99M exodus, while Fidelity’s $FBTC noted a $6.55M inflow. Since January, these ETFs have gathered $14.62B. Bitcoin’s price dropped 3% in 24 hours. #Bitcoin #CryptoMarket
