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
Addresses linked to the bankrupt Mt. Gox exchange moved 96,396 $BTC worth over $6B to three unmarked wallets, fueling selloff concerns amid ongoing creditor repayments. Despite fears, the BTC remains in recipient wallets. #Bitcoin #Update
Bitcoin surged past $64,000 after $301M flowed into 11 U.S. spot Bitcoin ETFs, including @Fidelity’s FBTC ($36.15M) and Bitwise’s BITB ($15.24M). BlackRock CEO Larry Fink calls Bitcoin a “legitimate financial instrument.” #CryptoNews
Bitcoin may surge to $180K, predicts Laurent Benayoun of Acheron Trading, driven by institutional investments and US regulatory clarity. Galaxy Fox ($GFOX) ICO shines with its play-to-earn model and deflationary tokenomics, raising $6M in presale. #CryptoNews
Mt Gox moved 44,527 BTC ($2.84B) to a new wallet, hinting at creditor repayments after its 2014 hack. The phased plan aims to reduce market impact, with potential institutional buys as the market recovers. Wallet holds 138,985 BTC ($8.87B). #CryptoNews
MicroStrategy ($MSTR) stock surged 15% to $1,611 as Bitcoin hit $65,000. MSTR has outperformed Bitcoin, gaining 22% in five sessions and 135% since early 2024. The company’s Bitcoin strategy has influenced midcap firms and nonprofits. #Update
US spot Bitcoin ETFs have seen inflows for 7 consecutive sessions, pushing total AUM above $16B. BlackRock’s $IBIT recorded $1.2B in trading volume, and Fidelity’s $FBTC saw $410M. CEO Larry Fink calls Bitcoin “digital gold,” boosting confidence. Institutional investors drive this trend. #Bitcoin
