Digital asset investment products saw outflows for the first time in 4 weeks totalling $528m in what we believe is a reaction to fears of a recession in the US, geopolitical concerns and consequent broader market liquidations across most asset classes.
Bitcoin saw outflows totalling $400m, the first following 5 weeks of inflows. Ethereum saw outflows totalling $146m, bringing the net outflows since the ETF launch in the US to $430m
— link | trade like a pro on Bitfinex
Genesis begins distributions to creditors
Yesterday, Bitcoin mining difficulty reached an all-time high after a +10.5% adjustment.
In absolute terms, this was the largest difficulty increase of all time.
In % terms, this was the 24th biggest increase since 2016, the 73rd biggest since 2012, the 119th of all time
— link | trade like a pro on Bitfinex
Microstrategy to raise another $2B
Coinbase Q2 revenue $1.45b (estimated $1.39b)
Bitcoin dominance reached a high of 53.68% yesterday, its highest level in three years since April 2021
— link | trade like a pro on Bitfinex
Bahamas parliament has passed The Digital Assets and Registered Exchanges Act, 2024 (DARE 2024) to tighten crypto laws
Mt. Gox moves over $2 billion worth of Bitcoin to fresh address
Founder of BitClout charged with fraud and unregistered offering of crypto asset securities by the SEC
SEC intends to amend Binance complaint, removing need for ruling on whether tokens are securities 'at this time'
new ฿ daily high: $70,016
Digital asset investment products saw a relatively muted $245m of inflows last week, although this obscures a mixed picture for various digital assets.
Bitcoin saw further healthy inflows of $519m, bringing its month-to-date inflows to $3.6bn
— link | trade like a pro on Bitfinex
Trump: “I will stop U.S. government selling seized Bitcoin. The U.S. government will keep 100% of the Bitcoin it owns, this will serve as the base for a strategic Bitcoin reserve”
🖤Trump again promises to commute Silk Road founder Ross Ulbricht's sentence
Trump: “On day one, I will fire Gary Gensler”
WazirX to ‘socialize’ $230 million security breach loss among customers
HashKey's over-the-counter trading unit awarded Singapore's payment license
Morgan Stanley tells wealth advisors they can pitch Bitcoin ETFs in a first for major Wall Street firms
https://vxtwitter.com/lars0x/status/1819006023086088339?t=3GIMNtg2tj9ofl04ZSSiVQ&s=19
Bybit will end services and stop offering products in France
Montenegro to extradite Do Kwon to South Korea, rejecting U.S. request
Tether releases Q2 2024 attestation, reports record-breaking $5.2 billion profit in first half of 2024
Grayscale Bitcoin Mini Trust begins trading on Wednesday morning following SEC approval
Trump raises $25M at Bitcoin Conference fundraiser
Circle said to be trading around $5B valuation ahead of planned IPO: sources
US Gov moves ~30k BTC ($2B) worth of Bitcoin
The new Ethereum ETFs after the first week saw $1.18bn of inflows, although the massive outflows from incumbent Grayscale have meant a net outflow of $338m.
@unfolded
Senator Cynthia Lummis proposes U.S. buy 1 million Bitcoin over 5 years
Trump: “There will never be a CBDC while I am president”
Kamala Harris’s advisers have approached top crypto companies to “reset” relations
Cantor Fitzgerald launching $2B Bitcoin financing business
