Governments of nine countries hold 517,414 BTC, worth $34B. The U.S. leads with 213,246 BTC, followed by China (190,000 BTC) and the UK (61,000 BTC). Ukraine ranks fourth with 46,351 BTC from donations and confiscations. #Bitcoin #Update
The Maelstrom Fund, founded by BitMEX co-founder @CryptoHayes, is offering grants from $50K to $250K to boost Bitcoin development. Funding in BTC, $USDC, and $USDT will be distributed by late 2024. Apply by Aug 25. #Update #Bitcoin #CryptoNews
Bitcoin surged past $66K with a record $422.5M inflow into U.S. spot Bitcoin ETFs. Notable ETFs, including @VanEck and @InvescoUS, saw major inflows. BlackRock’s Bitcoin assets now exceed $20B. #Crypto #Bitcoin #Update
BitMEX co-founder Arthur Hayes launches the Maelstrom Bitcoin Developer Grant Program, offering 12-month funding from $50K to $150K in BTC, USDC, and USDT. Applications open until Aug 25, with awards in Q3 & Q4 2024. Bitcoin is trading at $65,183, up 3.49%. #Update
Former BitMEX CEO Arthur Hayes launches a new grant program to boost Bitcoin’s resilience and privacy. Developers can apply for grants of $50K-$150K until Aug 25. Payments in $BTC, $USDC, or $USDT. #Bitcoin #Update
Bitcoin surged to nearly $66K, causing $200M in liquidations. If it hits $72.4K, $19B in short liquidations could follow. $65.2M in BTC derivatives were liquidated in 24h, mainly on OKX and Binance. Analysts see potential for further gains up to $71.5K. #Crypto #Update
BlackRock’s Bitcoin ETF, $IBIT, hits a record $18.5B AUM in just six months. On July 16, it added 4,005 BTC with a $260M inflow. Strong inflows have continued for eight consecutive days, pushing total Bitcoin ETF AUM to $16B. #Update #Bitcoin #Crypto
Deribit is launching BTC and ETH options expiring on Nov 8, 2024, to let investors speculate on the U.S. election’s impact on the crypto market. This early rollout, starting July 18, meets client demand for strategic positioning. #Crypto #Update
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
