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 $410M. CEO Larry Fink calls Bitcoin “digital gold,” boosting confidence. Institutional investors drive this trend. #Bitcoin
Metaplanet ($META) purchased 21.88 BTC for $1.26M, boosting its stock by 25.81%. This move aligns with their DCA strategy, increasing their stock by 631% YTD. Analysts predict Bitcoin ($BTC) might soon surpass 100% of Metaplanet’s total assets. #CryptoNews
Investors are now more bullish on $ETH than $BTC, driven by the upcoming Ether Spot ETFs in the U.S. $ETH futures and options show strong recovery and high volatility, reflecting investor confidence. #Update
Donald Trump was shot in the ear at a Pennsylvania rally but is “fine” and will attend the RNC. Bitcoin surged from $58,000 to $63,218, with the crypto market cap increasing by 5% to $2.29T. #Update #Bitcoin #Crypto
BlackRock CEO Larry Fink backs Bitcoin, calling it “digital gold” amid global economic challenges. He highlights its non-correlated returns and value during high inflation, with Bitcoin surpassing $73K this year. Fink now advocates for Bitcoin in diversified portfolios. #Update #Bitcoin #Finance
An anonymous Bitcoin whale moved 1,000 BTC, worth $62.5M, after 12 years of dormancy. Bought in 2012 for $11,908, the investment saw a 500,000% increase. Transaction on Jan 19, 2024, confirmed on July 14. Bitcoin surged to $62,554. #Update #Bitcoin $BTC
BlackRock CEO Larry Fink now sees Bitcoin as a “legitimate financial asset class,” likening it to “digital gold.” Fink plans to democratize Bitcoin, making it more accessible. BlackRock’s ETF filing marks a big institutional shift. #Update #Bitcoin
Bitcoin surged above $63K after U.S. District Judge Aileen Cannon dismissed Trump’s case due to constitutional violations. Trump-related meme coins also saw gains. Analysts predict a Trump win could boost crypto further. #Update #Crypto #Bitcoin
Genesis Trading has moved 600 BTC ($37.72M) to Coinbase amid bankruptcy proceedings. This liquidation, part of a trend involving 12,000 BTC, aims to fulfill creditor claims. Bitcoin is trading at $62,700.77, up 4.89% in 24 hours. #Update #Bitcoin #Crypto
A dormant Bitcoin address reactivated after 10.6 years, moving 25 BTC now worth $1.58M. It originally held Bitcoin valued at $20,399 in 2013. This trend of reactivations highlights the massive profits early adopters are seeing, influencing market dynamics and investor sentiment. #Bitcoin #Update
Bitcoin miner stocks surged, driven by the “Trump factor” and favorable political shifts. On July 15, 2024, $MARA rose 6%, $RIOT 5.4%, and $CORZ 7.5%. Experts forecast sustainable growth in the Bitcoin mining sector, linked to Trump’s election prospects. #Update #BitcoinMining
