BTC price tags $66K — can Bitcoin bulls beat out $100M of asks?
[Jul 17 2:30 AM] Bitcoin buyers need to ramp up pressure to squeeze the market back toward all-time highs, BTC price analysis concludes.
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Caliza Raises $8.5 Million to Ease Cross Border Payments Using USDC in Latam
[Jul 17 12:19 AM] Caliza, a fintech company headquartered in the U.S. but focused on Latam, has raised $8.5 million in a funding round led by Initialized, seeking to expand the reach of its foothold in Brazil. The company offers B2B solutions focusing on USDC…
South Korea Considers Deferring Crypto Taxation Until 2028
[Jul 16 11:30 PM] The ruling party of South Korea is, once again, considering the postponement of the enactment of crypto-specific taxes, as this could influence public opinion towards the government. The party aims to implement these taxation rules by 2028, citing…
Nigeria Police Arrest Self-Proclaimed Crypto Billionaire on Charges of Cryptocurrency Fraud and Terrorism Funding
[Jul 16 10:20 PM] On July 16, the Nigeria Police Force confirmed the arrest of Linus Williams, a self-proclaimed crypto billionaire also known as Blord. Williams faces charges related to internet fraud, terrorism funding, and violations of the Central Bank of…
Bitso Integrates Lightspark for Bitcoin Lightning Network
[Jul 16 9:11 PM] Bitso, a leading Latin American cryptocurrency platform, has announced its partnership with Lightspark to incorporate the Bitcoin Lightning Network into its services. This integration aims to enhance the speed and affordability of bitcoin…
Crypto Market Cap Drops 14.4% in Q2 2024, Report Shows
Ripple Donates $1 Million to New Super PAC Seeking to Unseat Senator Elizabeth Warren
[Jul 16 7:16 PM] Ripple Labs has donated $1 million to the Commonwealth Unity Fund, a new super PAC established by pro-crypto attorney James Murphy, aiming to unseat Senator Elizabeth Warren with John Deaton in the Massachusetts Senate. Murphy also contributed…
Erik Voorhees Warns of Financial Apocalypse — Advises Best Thing Trump Can Do
[Jul 16 5:17 PM] Erik Voorhees, founder of Shapeshift, has warned about the U.S. national debt’s catastrophic trajectory. He foresees a bond market collapse and ruination, calling it the most catastrophic event of our lifetimes. Voorhees advocates for bitcoin…
Argentina Defines Rules for Normalization of Previously Undeclared Assets, Including Cryptocurrency
[Jul 16 3:53 PM] Argentina has recently released the rules that will govern the previously approved legislative package affecting the inclusion of cryptocurrency and other undeclared assets in the country’s tax system. The benefits will only be available to…
Google Trends Shows Ethereum Interest Rising Rapidly as ETF Launch Approaches
$301M Flows Into Bitcoin ETFs, Led by Blackrock and Ark Invest
[Jul 16 11:19 AM] U.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting $301.04 million. Both IBIT and ARKB experienced nearly identical inflows, each drawing in $117 million. Bitcoin ETFs Attract Inflows…
Bullish Return: Institutional Investors Pour $1.44 Billion Into Crypto In One Week
[Jul 16 10:30 AM] Crypto investment products have experienced another week of inflows to build upon inflows witnessed in the prior week. According to data from CoinShares, digital asset investment products recorded $1.44 billion worth of inflows last week, which is…
MoonPay and Christie’s dip into AI-generated art with new ‘Web3 Tools’
[Jul 16 9:00 AM] More bridges between Web3 and generative AI are being built as the luxury art auctioneer Christie’s and MoonPay unveil a new art experience at the eighth Art + Tech Summit in a unique gamified event.
Mt Gox Funds Arrive at Kraken: Bitcoin and Bitcoin Cash Distributions Expected Soon
[Jul 16 8:45 AM] According to a recent update from Kraken, the centralized cryptocurrency exchange has received funds from the Mt Gox trustee. Consequently, bitcoin (BTC) and bitcoin cash (BCH) payouts will be distributed to creditors’ accounts within 7 to…
Kraken and Tottenham Hotspur score big in crypto partnership
[Jul 16 6:30 AM] Kraken is now Tottenham Hotspur’s first official crypto and Web3 partner, with the goal of boosting fan engagement and increasing awareness about cryptocurrency.
Judge Refers Craig Wright for Criminal Prosecution in Bitcoin Case
Cambodian Firm Receives $150K in Crypto From North Korean Hackers
[Jul 16 5:20 AM] A major payments firm in Cambodia, Huione Pay, received over $150,000 in cryptocurrency from a digital wallet used by the North Korean hacking group Lazarus, according to blockchain data reviewed by Reuters. The crypto was sent to Huione Pay…
Mt Gox Estate Transfers $3B in Bitcoin, $53M in Bitcoin Cash Ahead of Distribution
[Jul 16 4:51 AM] According to onchain data, at 4:12 a.m. EDT on Tuesday, 48,641 bitcoin worth just over $3 billion were transferred by the Mt Gox estate ahead of the forthcoming distribution. Mt Gox Estate Moves Large Holdings Before Distribution After the price of…
Tokyo-Based Metaplanet Adds Almost 22 More Bitcoin to Its Treasury
[Jul 16 1:25 AM] Metaplanet, a Tokyo-based public company, has revealed that it has acquired more bitcoin for its treasury holdings. According to disclosure statements, Metaplanet acquired 21.877 bitcoin, spending about $1.26 million (200 million Japanese yen) for…
Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice
[Jul 15 11:30 PM] John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments…
Mining Company CEO Claims Silver Deficit Is Growing, Institutions Might Drive Prices Higher
[Jul 15 10:37 PM] Keith Neumeyer, CEO of First Majestic Silver, a Canada-based mining company, discussed the silver production deficit in today’s precious metals markets. Neumeyer stated that while retail investors are interested in silver, institutions have…
Uganda Presents Purchase Plan to Return to the Gold Standard
[Jul 15 8:33 PM] Uganda is aiming to return to the gold standard at some extent with a purchase proposal that seeks to amass more gold to back its fiat currency, the Ugandan shilling. The Central Bank of Uganda will purchase gold from artisanal miners to support…
Santa Monica City Council Unanimously Approves Landmark Bitcoin Initiative
[Jul 15 7:36 PM] The Santa Monica City Council has unanimously approved the creation of a Bitcoin Office. Proposed by Vice Mayor Lana Negrete and in partnership with The Proof of Workforce Foundation, the program aims to boost Bitcoin education, economic recovery…
Peter Brandt Anticipates Bullish Move for Bitcoin, Says ‘Bears Are Trapped’
[Jul 15 6:31 PM] Veteran trader Peter Brandt’s recent bitcoin analysis suggests a bullish momentum, noting that a bear trap is confirmed by the July 13 close. However, this outlook is contingent on bitcoin staying above $56,000. Brandt recently predicted a…
Blackrock CEO Larry Fink Explains Why Everyone Should Consider Bitcoin in Portfolios
Visa and Wirex Partner to Bring Seamless Crypto Payments to Millions of Merchants Globally
[Jul 15 4:21 PM] Wirex and Visa have partnered to launch Wirex Pay, aiming to bring seamless crypto payments to millions of merchants worldwide, enhancing accessibility and convenience. “This partnership is set to revolutionize the way we use digital…
Trump Chooses Crypto Advocate Senator JD Vance as Running Mate
[Jul 15 2:30 PM] Former U.S. President and presidential candidate Donald Trump has announced Senator JD Vance as his running mate. Vance has advocated for clear cryptocurrency regulations and criticized the U.S. Securities and Exchange Commission’s (SEC)…
Digital Asset Funds Achieve Record $17.8B Inflows in 2024, Reports Coinshares
[Jul 15 1:03 PM] Digital asset investment products experienced significant buying activity last week, resulting in inflows of $1.44 billion. This brings the year-to-date total to a record $17.8 billion, far exceeding the 2021 figure of $10.6 billion, according to…
JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here’s When
[Jul 15 10:30 AM] American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends. The bank has announced the timeline for the conclusion of the ongoing BTC liquidations, predicting a…
Crypto Market ‘Pricing in a Trump Win,’ Says QCP Capital
[Jul 15 9:50 AM] QCP Capital reports that the cryptocurrency market is anticipating a Donald Trump victory in the upcoming U.S. election in November 2024. QCP drew a parallel to the attempted assassination of Ronald Reagan in 1981. QCP Capital: Unusual Bitcoin…