Former U.S. President Donald Trump is still in the lead at odds at 61%, while U.S. Vice President and Democrat Kamala Harris is second with 19% odds. Source: https://cointelegraph.com/news/biden-usa-election-odds-drop-below-10-percent-prediction-market
Month: July 2024
Bitcoin crashes to $53K, but analysts warn the worst isn’t over
Analysts say Bitcoin could sink as low as $50,000 but said strong macro and an entrenched “buy the dip” mentality could see price rebound quickly. Source: https://cointelegraph.com/news/bitcoin-price-crash-53k-analysts-warn-worst-yet-to-come
Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements
Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of Russia, declared that proposals have already been presented and the issue is now being discussed. The Ministry of Finance also confirmed that this is being […] Source: https://news.bitcoin.com/russia-in-the-process-of-regulating-the-use-of-stablecoins-for-cross-border-settlements/
Bitcoin falls to $55K as crypto liquidations breach $580M
Around $193 million in long Bitcoin positions were liquidated in the past 24 hours, with the price of BTC hitting its lowest point since February. Source: https://cointelegraph.com/news/bitcoin-falls-55k-crypto-market-liquidations-half-billion
Bitcoin Slides to $55,000 as Liquidations Top $600 Million
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The price of the world’s largest crypto by market capitalization has fallen to its lowest point since February, triggering a cascade of liquidations worth hundreds of…
Mt. Gox Transfers $2.7 Billion in Bitcoin From Cold Storage Amid Market Rout
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The Mt. Gox bankruptcy estate has transferred billions of dollars worth of Bitcoin to an unidentified wallet, further exacerbating concerns on declining crypto prices. Data from…
Central Bank of Bolivia States Crypto Might Be Beneficial, Remarks Stablecoins Utility as Dollar Proxy
Edwin Rojas Ulo, President of the Central Bank of Bolivia, referred to the recent change in stance that the institution had on crypto and stablecoins. According to reports, Rojas Ulo stated that he believes adding crypto to the national financial system might be beneficial as an alternative and remarked on the function of stablecoins as […] Source: https://news.bitcoin.com/central-bank-of-bolivia-states-crypto-might-be-beneficial-remarks-stablecoins-utility-as-dollar-proxy/
Coinbase continues to fight for access to Gensler’s private emails
In a recent letter to a district court judge, Coinbase argued that the SEC Chair’s private communications are an “appropriate source of discovery” crucial to mounting a reasonable defense. Source: https://cointelegraph.com/news/coinbase-continues-fight-access-gary-gensler-private-emails
Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet
On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687 BTC worth nearly $8.1 billion. This significant transaction came after several test transfers were conducted earlier on July 4. The trustee had previously announced that […] Source: https://news.bitcoin.com/mt-gox-trustee-transfers-2-7b-in-bitcoin-creating-19th-largest-btc-wallet/
German MP urges government to stop ‘hasty’ Bitcoin sell-off
German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation. Source: https://cointelegraph.com/news/german-mp-urge-government-stop-selling-bitcoin