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
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
#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 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
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.
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
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
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
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
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
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
? The Bitcoin 2024 conference in Nashville from July 25-27 will feature @realDonaldTrump, Robert F. Kennedy Jr., @saylor, and Cathie Wood. The event marks a major shift from Miami and highlights Bitcoin’s 140% price surge. #Bitcoin2024 #Update
Bitcoin and Ethereum saw over $50M in short liquidations as prices hit multi-week highs. $BTC rose above $66K, $ETH above $3,500. Despite gains, long positions saw $58M liquidated. Solana faced $4M, $XRP $4.5M, and Pepe $2.9M in short liquidations. Analysts predict potential new highs. #CryptoNews
Bitcoin ($BTC) surged to $66K and Ethereum ($ETH) surpassed $3,500, leading to over $50M in short liquidations within 24 hours. Data shows $BTC had $30M and $ETH had $21M in short liquidations. The total market saw $155M liquidated. Analysts highlight positive sentiment and institutional inflows. #Update
