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433 Following
446 Followers


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πŸš€ Bitcoin surges past $60K, but is the network "out of the woods"? Analysts at Hashrate Index say not yet! 🌐 Bitcoin difficulty set for a "nasty positive adjustment" this week as hashrate finds a "post-halving bottom." Miners might see a tiny rally in hashprice, but challenges remain with upcoming adjustments. πŸ’‘πŸ“Š Stay tuned as we watch how the summer impacts the grid in the U.S. and the Bitcoin mining industry.
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Tokyo-based Metaplanet has indeed added almost 22 more #Bitcoin to its treasury. This move aligns with their strategy to increase their #Bitcoin holdings, as they previously announced a plan to acquire an additional $6 million worth of BTC. The recent purchase of approximately 20.2 $BTC for Β₯200 million yen ($1.2 million) brings their total Bitcoin holdings to 161.3 $BTC.
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πŸ“‰ Bitcoin and the crypto market slumped in June as trading on centralized exchanges dropped 17% MoM. BTC fell 5%, and the total market cap lost billions. Binance's spot trading dipped 22%, while Coinbase lost its #2 spot to Bybit. Interestingly, MEXC and HTX saw increases in activity. Crypto derivatives trading also down 19%.
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Bitcoin ETFs break new ALL TIME HIGH for total inflows with $16.35 BILLION since launching in January.
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According to Arkham, the address marked as suspected GCR: 0x4A…1323 transferred 1.068 million TRUMP (worth about $8.82 million) to BTSE Exchange Deposit in three times between 18:47 yesterday and 2:44 the next day UTC+8, making a profit of more than 15x.
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Australian court convicts John Bigatton, BitConnect promoter, of providing unlicensed financial advice between 2017 and 2018. Aussie John Louis Anthony Bigatton, the national promoter of the BitConnect Ponzi scheme, has been convicted by the Sydney District Court of providing unlicensed financial advice, the Australian Securities & Investments Commission (ASIC) said on Monday. In the Jul. 15 press release, the regulator said that Bigatton was released on a β€œrecognisance to be of good behaviour for three years” after promoting BitConnect in Australia β€œin seminars and on social media” between late 2017 and early 2018.
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I tried to pump my pass as much as possible. I think I'm ready for the new season.πŸš€ πŸš€ πŸš€
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It looks good, I'd like to play
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I can't wait anymore. LFG
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That is so funny!😁
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The $MAGA (TRUMP) coin’s market cap surged more than 14.7% over 24 hours. At the time of writing, it’s up over 30% and trading at $8.32 per unit.
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Polymarket showed that Trump's chances of winning increased from 60% to 69%, while Biden's chances were only 14%. Memecoins such as TREMP, TRUMP and MAGA rose sharply.
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El Salvador has accumulated 5,807 since announcing its program of β€œbuying 1 #Bitcoin a day” in 2022.
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The FBI and SEC have been working together to address #cryptocurrency scams, especially the "pig butchering" fraud, which has seen a significant increase in recent years.
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Coinbase: we expect the price action to remain choppy in 3Q24, as crypto markets still lack strong narratives. The market can’t decide whether potential spot ETH ETF flows will be bullish or bearish. Retail investors will likely be reluctant to enter new stock or crypto positions if the US economy falls into recession.
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India's foreign exchange reserves reached a record high of $657.16 billion as of July 5, marking a significant increase of $5.16 billion from the previous week. This surge was driven by a rise in Foreign Currency Assets (FCAs), which grew by $42.29 billion to $577.11 billion.
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Germany now has under $285 million worth of #Bitcoin left to sell.
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Few hours ago Mt Gox creditors started getting confirmation emails on #bitcoin distribution via Bitstamp and Kraken (US customers now hours/days away from getting their coins)
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SEC has decided to close the investigation into Paxos without recommending any enforcement action. SEC does not consider the BUSD stablecoin to be a security.
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