Former US President Donald Trump has amassed over $4 million in cryptocurrency contributions for his re-election campaign from key figures in the crypto industry. The significant support from the sector underscores its backing for Trump. He will address attendees at the Bitcoin Conference, which begins today. Republican Presidential nominee Donald Trump’s approach to leveraging cryptocurrency…
Mt. Gox creditors are now receiving payments via Kraken and Bitstamp, following the resolution of the exchange’s long-standing bankruptcy. Bitcoin’s price dipped below $64,000 but has remained stable. While BTC market volume dropped below $1.3 trillion, trading volume rose by 12%. The release of payments has drawn significant attention, and Kraken has started processing these…
The troubled crypto exchange Mt. Gox transferred another large amount of Bitcoin on Wednesday, following recent BTC and BCH transfers intended for creditor repayments. This indicates that Mt. Gox is likely to continue moving significant amounts of Bitcoin throughout the week. In parallel, Kraken has begun distributing Bitcoin that it received from the Mt. Gox…
On Tuesday morning, a wallet connected to the Mt. Gox rehabilitation Trustee moved $3.2 billion worth of Bitcoin between different wallets, with some of it being sent to the digital asset exchange Bitstamp. This large transfer caused Bitcoin’s price to drop below $67,000 as investors reacted to the news. Mt. Gox Trustee Moves $3.2 Billion…
Bitcoin dropped briefly on Sunday after U.S. President Joe Biden announced he wouldn’t run for a second term, leading to the liquidation of $159 million in futures contracts, as reported by Coinglass. However, the decline was short-lived. By early Monday morning, Bitcoin had recovered and even surpassed its previous level, reaching as high as $68,480.36….
After President Joe Biden announced he is stepping down from the 2024 race, Vice President Kamala Harris thanked him on X and expressed her goal to win the nomination. As the first female, Black, and South Asian Vice President, she could make more history. Let’s explore her career and possible running mates. Kamala Harris: A…
Donald Trump’s upcoming speech at the Bitcoin 2024 Conference could affect Bitcoin’s price, and an Ethereum ETF launching on July 23 might boost Ether’s value. Rumors that Michael Dell might also appear at the conference could further impact Bitcoin. Bitcoin has risen nearly 20% this month, reaching around $67,286, partly due to expectations that Trump’s…
The first half of 2024 was very successful for Bitcoin (BTC), which hit an all-time high of over $73,500 in mid-March. It has increased by about 115% over the past year. In the following sections, we’ll explore key factors and upcoming events that might help Bitcoin reach a new peak before the year ends. Upcoming…
In the past 24 hours, Bitcoin has demonstrated impressive performance, gaining over 5% in value. The cryptocurrency market saw a significant recovery after a slow start to the day, during which it experienced notable declines. However, buyers stepped in and pushed Bitcoin above $67K, while many altcoins have also posted impressive returns. Bitcoin’s Recovery and…
Former U.S. President Donald Trump has suggested he might appoint JPMorgan Chase CEO Jamie Dimon as Treasury Secretary if he wins reelection. Dimon has been a vocal critic of Bitcoin, calling it a ‘fraud’ and arguing that it lacks the essential qualities of a currency. Meanwhile, Trump has recently shown a growing interest in cryptocurrency,…
In the ongoing legal battle over Bitcoin’s creator, the U.K. High Court has released a new judgment and some injunctions in the case involving Craig Wright. Wright has long claimed to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin. In a judgment released on July 16, Judge James Mellor approved the injunctions requested by COPA….
On Tuesday, U.S. spot Bitcoin ETFs saw net inflows of $422.5 million, their strongest trading day in over a month. BlackRock’s iShares Bitcoin Trust attracted $260 million from investors on July 16, contributing more than half of the day’s net inflows. This marked the eighth consecutive day of positive net inflows for U.S. spot Bitcoin…
BlackRock CEO Larry Fink, who once called Bitcoin (BTC) a speculative asset and a tool for money laundering, has changed his stance. Since 2017, he has shifted his view and now sees Bitcoin as a significant player in the financial world. In a recent CNBC interview, Fink admitted that his opinion of Bitcoin has evolved….
Recent Bitcoin transactions by Mt. Gox suggest that repayments to creditors are about to start. This has led to market speculation and could impact Bitcoin’s price. Mt. Gox, a defunct cryptocurrency exchange, recently made significant transactions. According to on-chain data from Arkham Intelligence, Mt. Gox conducted two major Bitcoin transfers. The transactions included an initial…
Bitcoin’s recent price surge has raised hopes for a sustained upward trend, as experts believe that the worst of the selling pressure is now behind us. Following significant sales pressure from Mt. Gox and the German government, Bitcoin’s price has recently surged past $62,000. Analysts suggest that the market has already priced in the impact…
Bitcoin, the top cryptocurrency, recently surged to a high of $62,782 in one day. This big price jump triggered a volatility alert from the 100eyes Crypto Scanner. Bitcoin, the world’s largest cryptocurrency, has now hit its highest level since July 2. On July 5, it dropped to $53,550, its lowest in five months, because of…
A bullish pattern on Bitcoin’s chart suggests it could hit new highs by September. After weeks of slow movement, Bitcoin (BTC) recently crossed the $60,000 mark, showing signs of recovery. This development is promising, but recent analysis indicates BTC might reach even higher levels in 2024. Let’s review Bitcoin’s metrics to see if this is…
Bitcoin (BTC) has recently shown strong signs of recovery, crossing the $60,000 mark. It’s up over 3% in the last 24 hours, now priced at $60,172, with a market cap surpassing $1.17 trillion. This surge has put more than 83% of Bitcoin investors in profit. With positive metrics and indicators pointing towards a bullish trend,…
North Carolina Attorney General Josh Stein has issued a warning about increasing bitcoin ATM scams after receiving many complaints. The alert provides tips on how to avoid these scams, including being cautious with unsolicited requests for cryptocurrency payments, being wary of online relationships that turn financial, verifying investment advice, and steering clear of get-rich-quick schemes….
Bitcoin surged above $60,000 following speculation that Donald Trump’s chances of winning the presidential election have increased after his defiant response to an assassination attempt. The former president, who has supported crypto, was shot in the right ear during a political rally in Pennsylvania on Saturday. His campaign reported that he is “fine” and looking…