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Cointelegraph covers Fintech, Blockchain and Bitcoin bringing you the latest news and analyses on the future of money. For advertising enquiries please contact advertise@cointelegraph.com
🇺🇸 📈Donald Trump memecoin spikes 52% following assassination attempt
Trump’s election odds on prediction markets and several other Trump-themed memecoins soared following an assassination attempt on the former president while he was speaking on stage at a rally in Butler, Pennsylvania.
👉Read More Here
German government offloads its final Bitcoin holdings 🇩🇪
Most of the 50,000 Bitcoin dumped by the German government over the last three weeks resulted from an asset seizure and was largely responsible for keeping the market below the $60,000 price point and its 200-day exponential moving average.
👉 Read More Here
Bitcoin risks 30% loss against XRP if 'triple bottom' confirms
XRP has lagged behind Bitcoin in 2024, but a recent BTC sell-off led by Mt. Gox and the German government might spark renewed interest in XRP.
👉 Read More Here
OpenAI is building a new AI model under code name 'Strawberry': Report
Strawberry extends on OpenAI’s Q* project announced last November, which some described as a technical breakthrough allowing for the development of “far more powerful” AI models.
https://ct.com/cr8o
⚡️ JUST IN: Elon Musk reveals that the European Commission offered X an illegal secret deal to quietly censor speech without fines.
X refused, but other platforms accepted.
Why do you think the other platforms said yes? 🧐️️️️️️
💰 NEW: Genesis Trading transferred over 12,600 Bitcoin ($720M) to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York.
The address currently holds 33,356 Bitcoin, down from over 46,000 BTC a month ago, on June 12.
🚨 Decentralized finance protocol Dough Finance lost $1.8 million in digital assets after a flash loan attack on the protocol.
According to Cyvers, the attacker was funded through the zero-knowledge (ZK) protocol Railgun and swapped the stolen $USDC for Ether.
The attacker got a total of 608 $ETH, worth about $1.8 million.
Bitcoin's price remains below $58K despite bullish CPI data and expected Fed rate cuts. Here’s why:
🧐 Scalping and market makers liquidating leveraged longs are causing short-term weakness, even as the overall trend suggests a potential bounce back to $60K.
📈 Stocks and gold are performing well, with the S&P 500 and gold nearing record highs. This traditional market strength is diverting attention from Bitcoin.
🇩🇪 The German government is selling off seized Bitcoin, miners are offloading holdings post-halving, and there are fears of a global economic slowdown. These factors contribute to Bitcoin's current stagnation.
👉 Read more
Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K
Bitcoin’s fear and greed index has tumbled to “extreme fear” for the first time since January 2023, as BTC struggles to reclaim a crucial price level.
👉 Read More
🗣️ MicroStrategy announces 10-for-1 stock split to enhance stock accessibility for investors and employees.
The new development comes as the company revealed plans to buy more Bitcoin. On June 13, MicroStrategy unveiled its plans to conduct a $500 million stock sale to purchase more $BTC.
Does it make you feel bullish?
🐳 - Bullish for $MSTR
⚡️ - Bullish for $BTC
❤️ - Bullish for both!
🇺🇸 JUST IN: Supreme Court ruling ‘changes the game’ for US crypto firms.
The high court’s decision further bolsters the argument “that Congress, not an agency, should decide if — and how — to regulate Web3.”
👉 Read more
Ready for today’s crypto rollercoaster? 🎧
📈 How strong are $BTC hodlers holding on?
🚀 Ethereum’s bullish market indicators.
💸 Goldman Sachs’ big moves with three new tokenization products.
🥷 Railgun vs. Inferno Drainer showdown.
Tune in now for all the buzz!
JUST IN: In Q2 2024, Bitget reported a significant $700 million capital inflow alongside a surge in user base, adding 2.9 million new users.
The exchange saw substantial growth in $BTC, $USDT, and $ETH holdings, with increases ranging from 70% to 153%.
🗣️ “It’s better to use your dollars and hold your bitcoins than it is to do the opposite,” Anthony Pompliano said in an interview with CNBC yesterday.
Are you still HODLing your $BTC?
👍 - Still holding.
🌚 - Already sold.
Bear or bull: Survey reveals 49% are bullish about crypto right now
A recent CoinGecko survey of 2,500 respondents shows that just under half are currently bullish about crypto, and a quarter haven’t worked out whether it’ll make a move at all.
👉 Read More
Will UK Economic Secretary follow through with a ‘crypto crackdown’? 🇬🇧
After the Labour Party's July 4 victory, PM Keir Starmer appointed MP Tulip Siddiq as Economic Secretary to the Treasury and City Minister. She will oversee digital asset and CBDC policies, hinting at stricter cryptocurrency regulations.
👉 Read More Here
This week on Finance Redefined 🧐
MetaMask, Polygon, and Starknet unveiled new infrastructure to boost adoption, while centralized exchange hacks surged, contributing to over $1.4 billion in losses in 2024 and a 900% increase in year-over-year CEX losses.
👉 Read More Here
Spot Bitcoin ETFs see highest flow day in over 5 weeks
The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million.
https://ct.com/cr8r
🗞 Missed the news? Here's what's happened over the last 24 hours!
👀 Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K
🇩🇪 Germany has 9K Bitcoin left just 3 weeks after it started selling
🚀 Bitcoin's price remains below $58K despite bullish CPI data and expected Fed rate cuts.
🇩🇪 With 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 $BTC.
🚨 Decentralized finance protocol Dough Finance lost $1.8 million in digital assets after a flash loan attack on the protocol.
🎙️ What’s next for Bitcoin?
💰 NEW: Genesis Trading transferred over 12,600 Bitcoin ($720M) to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York.
⚡️ Elon Musk reveals that the European Commission offered X an illegal secret deal to quietly censor speech without fines.
Jan van Eck on Bitcoin in an interview with CNBC yesterday:
“We’ve seen only a 20% correction in the Bitcoin price. And that’s kinda normal in the bull market. At Van Eck we like to say that we’re HODLing, just holding on for dear life.”
🎙️ What’s next for Bitcoin?
We unravel the reasons behind Bitcoin’s recent $60K rejection and why the market is gripped by “extreme fear.”
We also cover the potential impact of the US Federal Reserve’s hinted September interest rate cut and legal shifts reshaping the crypto landscape.
Listen now! 🎧
🇩🇪 Update: With 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 $BTC.
Читать полностью…
Germany has 9K Bitcoin left just 3 weeks after it started selling
Germany’s Bitcoin stack briefly dipped below 5,000 BTC after sending a mass of funds to Coinbase, Bitstamp, and Kraken but has since moved some back.
👉 Read More
🗞 Missed the news? Here's what's happened over the last 24 hours!
💪🏼 Survey reveals 49% are bullish about crypto right now
❌ Inferno Drainer fails attempt to launder ETH — ‘not welcome’ in Railgun
💰 The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal.
🚀 In Q2 2024, Bitget reported a significant $700 million capital inflow alongside a surge in user base, adding 2.9 million new users.
🇺🇸 US inflation falls to 3%, lower than expectations.
🇺🇸 The SEC has ended its investigation into Paxos, and has decided not to recommend enforcement action.
🇺🇸 Supreme Court ruling ‘changes the game’ for US crypto firms.
🚨 Celer Network warns of potential DNS hijacking attacks targeting crypto websites
🗣️ MicroStrategy announces 10-for-1 stock split to enhance stock accessibility for investors and employees.
🚨 BREAKING: Celer Network warns of potential DNS hijacking attacks targeting crypto websites.
Users are advised to exercise caution as more websites might be at risk.
This comes after a Compound Finance contributor reported signs of a separate hijacking attempt on its website.
🇺🇸 JUST IN: The SEC has ended its investigation into Paxos, a New York-based stablecoin issuer, and has decided not to recommend enforcement action.
Читать полностью…
🇺🇸 BREAKING: US inflation falls to 3%, lower than expectations.
Читать полностью…
💰 NEW: The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal.
Terraform's collapse started with the depegging of TerraUSD (UST), causing a crash in its related token, Terra Luna Classic (LUNC). The current token, Terra (LUNA), is also down 98% since its May 2022 peak of $18.87.
Did you invest in $LUNA back then?
🐳 - I did…
❤️ - I didn't
Inferno Drainer fails attempt to launder ETH — ‘not welcome’ in Railgun
Notorious wallet-draining group Inferno Drainer tried to pass $530,000 worth of stolen ETH through Railgun but discovered pretty soon after that it couldn’t.
👉 Read More
🗞 Missed the news? Here's what's happened over the last 24 hours!
👀 Uniswap cites Chevron in another urge for SEC to drop bid to rule over DeFi
⚡️ Ethereum ETFs ‘close to the finish line' — Bitwise CCO
📈 $BTC has climbed back above $59K 👀
❌ Microsoft and Apple decline observer roles on OpenAI board amid antitrust concerns over Big Tech’s AI influence.
🇩🇪 The German government is ramping up its Bitcoin sell-off by preparing to offload an additional $342 million worth of $BTC.
🐳 Whale transfers $50M in $ETH amid ETF anticipation
🎙️ Did you hear what Italy’s central bank governor thinks of Bitcoin and Ethereum? 🇮🇹
🗣️ "Bitcoin can reach $100,000 by the end of this year" - Anthony Scaramucci
🎉 Celebrating Ethereum's 10-year anniversary at EthCC!
🚨 TON scams on the rise: How to stay safe 🚨
🇺🇸 US Congressman Patrick McHenry gives speech to support repealing Biden's veto preventing regulated financial firms from custodying Bitcoin and crypto.
