The Coinbase-led advocacy group has raised upward of $202 million so far, according to the political donations researcher. Source: https://cointelegraph.com/news/crypto-super-pac-fairshake-top-funding-spot-beats-maga-open-secrets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: July 2024
Bitcoin Price Volatility Triggers $185 Million in Crypto Liquidations
The price of Bitcoin steadily climbed this morning and tapped the $70,000 mark on Monday—before plunging again below $67,000, in a whiplash morning of price movement that triggered a wave of liquidations across the market. In the last 24 hours, the cryptocurrency market has seen some $185 million worth of liquidations, according to CoinGlass. The largest source of those losses…
Slovenia launches EU's first digital sovereign bond via BNP Paribas
The bond was issued as part of ECB wholesale settlements experiments and matures on Nov. 25. Source: https://cointelegraph.com/news/slovenia-digital-sovereign-bond-bnp-paribas?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Government Transfers $2 Billion in Bitcoin to Unknown Wallet
According to onchain data, a Department of Justice (DOJ) labeled bitcoin wallet transferred 29,799.99 BTC, valued at just over $2 billion. This move by the U.S. government follows Germany’s sale of its bitcoin and a growing belief among U.S. politicians that seized coins should be held as reserves. DOJ-Labeled Wallet Transfers More Than 29,000 Bitcoins […] Source: https://news.bitcoin.com/us-government-transfers-2-billion-in-bitcoin-to-unknown-wallet/
Solana beats Ethereum in weekly total fees for the first time — Research
On July 28, Solana topped $5.5 million in daily total fees, the highest for the network in three months. Source: https://cointelegraph.com/news/solana-beats-ethereum-weekly-total-fees-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
7-Year-Old Sleeping Bitcoin Wallet Activates, Transfers $14M in BTC
Before bitcoin (BTC) hit an intraday peak of $70,016 per unit on Bitstamp on Monday, a dormant bitcoin wallet from July 27, 2017, moved 210 BTC, valued at over $14 million. 2017 Bitcoin Wallet Activity Resurfaces, 210 BTC Moved Ahead of $70K Peak In recent days, several long-inactive bitcoin addresses from 2017 have been reactivated. […] Source: https://news.bitcoin.com/7-year-old-sleeping-bitcoin-wallet-activates-transfers-14m-in-btc/
BTC price dips 4.5% as US gov't Bitcoin move raises new sell-off fears
Bitcoin falls below $67,000 in an abrupt change of trend after initially hitting $70,000 for the first time in nearly two months. Source: https://cointelegraph.com/news/btc-price-dips-us-govt-bitcoin-move-new-sell-off-fears?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wall Street Loves Ethereum ETFs. It’s Just Not Sure How to Sell Them Yet
Over the 121-year old facade of the New York Stock Exchange, a freshly printed Ethereum ETF banner hung like a hoisted pirate flag. Tourists stopped, stared, and pointed. The younger ones explained what Ethereum was to their families, and guessed about the ETF part. The imagery was powerful and undeniable: Ethereum had conquered Wall Street. Or maybe it was the…
RFK Jr: Only Bitcoin can guarantee US dollar’s reserve currency status
Presidential candidate Robert F. Kennedy Jr. heard about Bitcoin from his kids. Now, he believes it should be part of the bedrock of America’s monetary system. Source: https://cointelegraph.com/news/rfk-jr-bitcoin-2024-interview-nashville?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Government Moves $2 Billion in Silk Road Bitcoin
The United States government moved just over $2 billion worth of seized Bitcoin connected to the Silk Road dark web marketplace to a new, as yet unidentified wallet, according to on-chain data shared by Arkham Intelligence. The move comes just two days after former U.S. President Donald Trump, the Republican candidate in this year’s presidential election, told the audience at…