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🔥 BREAKING: MicroStrategy has acquired 7,420 BTC for ~$458.2 million at ~$61,750 per #bitcoin💰 Avg buying price $39,266 per bitcoin. 📌 Best Crypto News

🚨 LATEST: 💰 BlackRock is prepping for $35T Fed Dollar Crisis that's predicted to drive "institutional interest” in #Bitcoin. 📌 Best Crypto News

🇺🇸 Donald Trump saying this is "a new era" with 💰 #Bitcoin, "it's amazing" 📌 Best Crypto News

NEW: 🇺🇸 RFK Jr. sends a pro-bitcoin letter to The Economist in defense of 💰 Bitcoin mining 🙌 📌 Best Crypto News

🇯🇵 Japanese public company Metaplanet stock performance after adopting the #Bitcoin strategy. 📌 Best Crypto News

🇺🇸 Donald Trump uses 🥇 #Bitcoin to pay at a bar in New York. 📌 Best Crypto News

BREAKING: 🇺🇸 Louisiana state government now accepts 💰 #Bitcoin as payment 📌 Best Crypto News

BREAKING: 💰 MicroStrategy increased its raise to $875 million to buy more #Bitcoin and redeem outstanding Notes 🙌 📌 Best Crypto News

🔵 Coinbase's Base Layer 2 shatters transaction records with over 4.5 million in a single day Coinbase's Layer 2 solution continues to dominate the scaling race, shattering records with over 4.5 million transactions on Saturday. The surge in transactions represents a significant leap from Base's already impressive performance, highlighting its rapid adoption and scalability. This growth trajectory puts Base far ahead of other Layer 2 solutions, demonstrating Coinbase's successful strategy in the competitive scaling landscape. Source 📌 Best Crypto News

💰 Coinbase reports 'degraded performance' for Polygon transactions shortly after network upgrade Coinbase, the largest U.S. cryptocurrency exchange, has put out a status update alerting users that Polygon transfers may be delayed. “We are aware that some users may be experiencing delayed sends and receives for Polygon (Matic). Buys, Sells, and Fiat withdrawals/deposits are not affected. We are investigating this issue and will provide an update shortly. Rest assured, your funds are safe,” the company’s status page read. Source 📌 Best Crypto News

💰 Bitcoin exchange reserves drop to 2018 levels The number of Bitcoin held on exchanges significantly declined in September, dropping to levels last seen in mid-November 2018. Since the beginning of the month, Bitcoin exchange reserves have dropped from approximately 2.62 million BTC to 2.58 million BTC. This decline of nearly 38,000 BTC in just over two weeks follows a continued trend of Bitcoin flowing out of exchanges at an accelerated pace. Source 📌 Best Crypto News

🪙 #Ethereum Foundation researcher Danny Ryan steps away after seven years of contributions Ethereum Foundation researcher Danny Ryan is stepping away from the Ethereum ecosystem after seven years of contributions. Ryan attributes his departure to personal reasons and to create room for other opportunities, according to a Friday post on GitHub. He added that his reason for leaving is "not a reflection of any facet of Ethereum, core development or crypto at large." Source 📌 Best Crypto News

💰 Cypherpunk Holdings goes all in on #Solana, rebrands as SOL Strategies Cypherpunk Holdings (ticker: HODL) is doubling down on its strategy to buy and stake Solana’s native token — to such an extent that the publicly traded cryptocurrency holding company has been renamed Strategies, it announced on Thursday. The firm, which only began buying SOL in the second quarter of 2024 (when former Valkyrie CEO Leah Wald took up the reins as chief executive officer), now holds over 86,000 solana (valued above $11 million at current prices, according to The Block’s data), the majority of which are being staked to earn token rewards. Source 📌 Best Crypto News

🚨 Indodax hit by $20.5M exploit, North Korea link suspected Indonesian crypto exchange Indodax has reportedly suffered a $20.5 million exploit, according to blockchain security firm Cyvers. The losses were spread across multiple chains, including a $1.4 million loss in Bitcoin and a $5 million theft on the TRON and Polygon networks. Other impacted blockchains were Optimism and Ethereum, which had over $14 million in losses. Source 📌 Best Crypto News

🇺🇸 Record $4.68 billion fines mark SEC’s toughest year on crypto The US Securities and Exchange Commission (SEC) imposed $4.68 billion in fines against crypto companies in 2024, marking the most aggressive regulatory year in the agency’s history, according to a report by Social Capital Markets. This brings the total fines levied by the regulator since 2013 to $7.42 billion, with 2024 accounting for 63% of the total. The steep rise reflects the SEC’s intensified scrutiny of the crypto sector as it seeks to enforce securities regulations in the growing digital asset market. Source 📌 Best Crypto News

📊 Bitcoin, ether remain subdued as markets process underwhelming US economic data Bitcoin and ether remain under key price levels after sliding down over the weekend following Friday's bearish U.S. economic data. The largest cryptocurrency trades at $54,744 when writing, gaining 0.64% in the past 24 hours. Ether (ETH) added 0.17% to change hands at around $2,291, according to The Block’s crypto price page. Source 📌 Best Crypto News

📊 Bitcoin and Ethereum ETFs drop to new lows after week of bearish price action After a bearish week for the prices of many crypto tokens—only three of the top 50 tokens by market cap gained on the week, as per The Block's price page—the value of U.S.-based spot bitcoin and spot Ethereum exchange-traded funds have hit new multi-month lows. On Friday, U.S. spot Bitcoin ETFs logged nearly $170 million worth of outflows, bringing the total cumulative value of the 12 funds on the market to $48.24 billion. Source 📌 Best Crypto News

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🇷🇺 Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy Minister Sergei Tsivilev stressed that if there is a surplus in certain areas, this power can be supplied to legal and registered energy miners operating outside the “gray” zone. Source 📌 Best Crypto News

🟠 CZ permanently barred from any involvement in managing Binance, retains voting rights Binance has confirmed that its co-founder Changpeng Zhao (CZ) is permanently barred from managing the crypto exchange. While initial reports suggested CZ could return to Binance after three years, CEO Richard Teng clarified to Axios that the ban was permanent. This prevents Zhao from ever resuming a leadership role at the platform. Source 📌 Best Crypto News

💰 Bitcoin short-term holders' unrealized losses emerge as market weak spot: Glassnode The average new bitcoin investor is holding an unrealized loss, which could lead to substantial sell-side pressure in the event of a further market correction, analysts at Glassnode said in a report published Wednesday. Although the total unrealized losses among all bitcoin holder cohorts remain historically low, this week's Glassnode report said short-term holders are an exception and could face significant market pressure. Source 📌 Best Crypto News

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🥇 Terraform Labs moves $62.81M in BTC amid final wind-down steps On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62.81 million, to a new address (bc1q5) on Sept. 2. While the firm has yet to comment publicly on the transfer, market analysts note that it aligns with Terraform Labs’ plan to wind down operations following its record settlement with the US Securities and Exchange Commission (SEC). Source 📌 Best Crypto News

🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟 Stay ahead with: - 📰 Real-Time Updates: Get the latest news instantly. - 🔗 In-Depth Analytics: Powerful blockchain insights. - 📅 Market Trends: Expert analysis and forecasts. Join our vibrant community and stay updated with our active Twitter feed. The only news source you need! 🔗 Join now: @Cryptocurrency_Inside #advertising

📊 Global crypto investment products see $305 million in weekly outflows: CoinShares Global crypto investment products at asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares and 21Shares returned to net outflows last week, totaling $305 million, following net inflows of $543 million the week before, according to CoinShares' latest report. “We continue to expect the asset class to become increasingly sensitive to interest rate expectations as the Fed gets closer to a pivot,” Butterfill added. Source 📌 Best Crypto News

JUST IN: 🇹🇷 Turkey officially submits application requesting to join BRICS❗️ https://t.me/Crypto_News_Bitcoin_Ethereum

💰 Metaplanet teams up with Japan’s SBI for enhanced regional Bitcoin custody and trading Bitcoin investment company Metaplanet has formed a strategic partnership with Japan’s financial giant SBI through its crypto investment service, SBI VC Trade, for Bitcoin trading and custody, according to a Sept. 2 statement. Metaplanet emphasized that this partnership aligns with its ongoing strategy to engage with key industry players in Japan who support its corporate Bitcoin accumulation plan. Source 📌 Best Crypto News

💰 SEC warns FTX against paying creditors back in stablecoins, other crypto Throughout the FTX bankruptcy, many different avenues have been explored or proposed to maximize creditor recovery, from relaunching the FTX exchange in order to make money back for creditors to distributing claims as tokens in a new venture that can be traded. Some decentralized marketplaces such as Found.xyz and Figure Markets even launched support for tokenized FTX claims trading this summer, in a move that one crypto CEO called "one of the most crypto things" he's ever seen. Source 📌 Best Crypto News

📊 Bitcoin ETFs log monthly loss, Ethereum ETFs are ignored after outflow streak Despite an eight-day streak of positive net inflows, U.S. spot bitcoin exchange-traded funds logged a red candle for the month of August, logging a total net outflow of about $94 million. That sum is well within the bounds of a single good or bad day though, according to data from SoSoValue. Spot bitcoin ETFs netted over $250 million on Aug. 23, the best day for the funds this month, while the funds lost $237 million on their worst day, Aug. 2. Source 📌 Best Crypto News

🇺🇸 Trump’s pro-Bitcoin stance helps secure 12-point lead over Harris, FDU poll finds Former President Donald Trump’s engagement with the crypto community is significantly bolstering his chances to win the 2024 presidential race, according to a Fairleigh Dickinson University (FDU) poll released on Aug. 30. The FDU poll indicated that Trump holds a notable lead among voters who own crypto or related assets, outpacing Vice President Kamala Harris by 12 points in the 2024 US Presidential race. Source 📌 Best Crypto News

🇸🇻 El Salvador’s Bukele says ‘Bitcoin hasn't had the widespread adoption we hoped for' Nayib Bukele, the president of El Salvador who passed the bill to legalize bitcoin as legal tender in the Latin American nation, said the monetary experiment has had mixed results so far. “Bitcoin hasn't had the widespread adoption we hoped for. Many Salvadorans use it. The majority of large businesses in the country have it,” Bukele said in a wide-ranging interview with TIME Magazine when asked if bitcoin monetization has “been a success.” Source 📌 Best Crypto News

🟠 Binance CEO Addresses Allegations of the Exchange Seizing All Palestinian Funds The CEO of Binance has responded to allegations that the cryptocurrency exchange seized all funds from Palestinians at the request of the Israeli Defense Forces. Ray Youssef, CEO of Noones, criticized Binance, accusing it of yielding to external pressures and engaging in discriminatory practices. He called for a boycott of Binance and supported platforms that prioritize user privacy and autonomy. Source 📌 Best Crypto News

🇺🇸 Trump to announce plan to make US 'crypto capital of the planet' Former President Donald Trump took to X to say he would be unveiling a plan on Thursday that will help position the U.S. as the leader in crypto. The Republican nominee for president also tagged World Liberty Financial in his post, a DeFi project that his sons have promoted. "This afternoon I'm laying out my plan to ensure that the United States will be the crypto capital of the planet," Trump said in the post, which ends with the appearance of the World Liberty Financial logo. Source 📌 Best Crypto News

🪙 Memecoin launched by address connected to Ethereum Genesis block rockets to top of Uniswap charts A wallet connected to the Ethereum network’s Genesis block appears to have launched a memecoin, according to blockchain data sites DEX Screener and Etherscan. The token peaked at a market capitalization of over $125 million after launching around 8:15 a.m. ET. The so-called PHIL token is currently trading on the decentralized exchange Uniswap V2, changing hands for about $0.08 — down from a peak price of $0.10 about an hour after launch. Source 📌 Best Crypto News

🖥 Ledger Live wallets now support swaps of USDT on the Tron network to all available TRC20 tokens. 🤝 @Cryptocurrency_Inside ✅

🪙 Vitalik Buterin advocates blockchain identity for fairer crypto airdrops Ethereum co-founder Vitalik Buterin sees crypto airdrops as a promising initial use case for blockchain-based identity frameworks. In an Aug. 28 post on X, Buterin outlined the goals of airdrops as distributing tokens to genuine community members, rewarding project contributions, and ensuring fairness. He suggested that projects could leverage ZK-based identity, credential, and attestation frameworks to achieve these aims. Source 📌 Best Crypto News

💰 Bitcoin crashes over 6% to $58k before attempting recovery Bitcoin (BTC) fell over 6% on Aug. 27 to a low of $57,880 before marking a slight recovery. The majority of the losses were recorded in less than an hour after Bitcoin lost the key $61,000 support level and continued sliding until finding a new floor. The wider market echoed the bleeding, with large caps down significantly from the highs reached over the past weekend. Source 📌 Best Crypto News

🇺🇸 US Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot ethereum ETFs experienced a loss of $13.23 million during the same trading session. Source 📌 Best Crypto News

🇹🇭 Thai Law Authorities Raid Illegal Bitcoin Mining Facility: Report The report shows that illegal Bitcoin miners operate in small houses to circumvent taxes in Thailand. Thailand’s law authorities recently raided a house occupied by a company running Bitcoin mining operations. According to the South China Morning Post’s coverage, the illegally operated Bitcoin mining activities triggered frequent power outages in the vicinity for over a month. Source 📌 Best Crypto News

🟠 Binance Prevents $2.4 Billion in Potential Losses from Scams in 2024 Binance announced that it has prevented over $2.4 billion in losses from potential scams and fraudulent activities that could have impacted more than 1.2 million users from January to July 2024 owing to its risk management measures. According to the official press release shared with CryptoPotato, Binance employs an internal risk engine that provides 24/7 real-time monitoring using a combination of artificial intelligence (AI) and manual reviews. Source 📌 Best Crypto News

🇨🇴 Colombian Data Protection Authority Formulates Charges Against Worldcoin The Colombian Industry and Commerce Superintendence (SIC), the personal data protection authority of the country, has formulated charges against Worldcoin, the biometric digital ID project, for violations of the personal data regime. The institution stated that the accusation focuses on determining whether Worldcoin violated Colombian law in its handling of the personal and private data collected from Colombian users. Source 📌 Best Crypto News

💰 Spot bitcoin ETFs see highest single-day inflow since July, continuing seven-day streak opposite to ether The combined value of the spot bitcoin exchange-traded funds based in the U.S. has reached its highest value so far in the month of August—about $58.4 billion—after a seven-day streak of positive inflows continued on Friday. Furthermore, Friday saw the highest inflows since the streak began and then some, logging a net inflow of $252 million, the largest net inflow since 32 days prior on July 22, according to data from SoSoValue. Source 📌 Best Crypto News

JUST IN: Toncoin $TON falls 13% following Telegram founder Pavel Durov's arrest in France. @Cryptocurrency_Inside

💰 Polygon regains access to Discord server following security breach Polygon suffered a security breach today as hackers took over its community Discord channel for approximately three hours. The breach, which led to scammers infiltrating the channel and targeting users, has now been resolved. Mudit Gupta, Polygon’s Chief Information Security Officer, confirmed that the team has regained full control of the Discord server and is reverting the changes made by the hacker. Source 📌 Best Crypto News

🇺🇸 SEC pushes back against Richard Heart’s bid to dismiss $1 billion fraud case The SEC aggressively opposed Richard Heart’s attempt to dismiss a $1 billion fraud case, arguing that his widespread promotion of unregistered digital assets like HEX, PulseChain, and PulseX directly targeted US investors. According to the SEC, Heart, also known as Richard Schueler, allegedly raised over $1 billion from investors worldwide by selling unregistered securities and then misappropriated millions for personal luxuries, including cars and what he called the world’s largest black diamond. Source 📌 Best Crypto News

📊 Crypto investment products saw $528 million in net weekly outflows amid recession fears: CoinShares Global crypto investment products at asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares and 21Shares registered net outflows for the first time in a month last week, totaling $528 million, according to CoinShares' latest report. The outflows were “a reaction to fears of a recession in the US, geopolitical concerns and consequent broader market liquidations across most asset classes,” CoinShares Head of Research James Butterfill said. “The price correction from Friday’s close saw $10 billion wiped off total ETP AUM.” Source 📌 Best Crypto News

💰 Former congressional candidate with FTX ties Michelle Bond charged with unlawful campaign contributions Former congressional candidate Michelle Bond has been charged with allegedly conspiring in an unlawful campaign finance scheme operated by executives at an unnamed crypto exchange based in the Bahamas. Damian Williams, the United States Attorney for the Southern District of New York, announced the unsealing of Bond's indictment following back and forth between Bond's partner and former FTX executive Ryan Salame and prosecutors on whether she should be investigated. Source 📌 Best Crypto News

🏦 Coinbase to support Polygon token upgrade from MATIC to POL Crypto exchange Coinbase said it would support the Ethereum layer-2 network Polygon planned token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL). During the migration, sending and receiving MATIC on the Polygon network will be disabled between Aug. 26 and Sept. 10. This measure aims to ensure a smooth transition from MATIC to POL. Source 📌 Best Crypto News

💰 Brazilian Regulator Grants Approval for Second Solana ETF in the Country The Brazilian Securities and Exchange Commission (CVM) has greenlighted a second Solana exchange-traded fund (ETF) weeks after it approved its first one on August 8. According to the CVM’s central database, the product will be launched by Hashdex, an asset manager based in Brazil, in collaboration with the local investment bank BTG Pactual. Source 📌 Best Crypto News

🪙 Tether expands fiat portfolio with new UAE Dirham stablecoin USDT issuer Tether plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED) in collaboration with the Phoenix Group and Green Acorn, according to an Aug. 21 statement shared with CryptoSlate. This new asset will be a digital representation of the UAE Dirham, pegged 1:1 and backed by reserves held within the UAE. Source 📌 Best Crypto News

💰 CME BTC futures open interest dips then rebounds to $5.64 billion as institutional investors adjust to volatility Open interest (OI) of longs on CME futures by asset managers reached $4.97 billion two weeks ago. This marks the metric's lowest point since early March and is a significant drop from the all-time high of $6.74 billion observed in the first week of July. The recent dip suggests that asset managers have been reducing their long exposure to BTC, possibly in response to recent market volatility or as part of risk management strategies in a period of macroeconomic uncertainty. Source 📌 Best Crypto News

SAYLOR: 💰 “When I’M GONE, my stock, my shares, my assets flow into a public charity whose mission is to support ₿itcoin and the adoption of ₿itcoin FOREVER.” 🔥 🤝 @Cryptocurrency_Inside ✅

🇳🇬 Nigerian lawmakers eye economic boost through crypto taxation The Nigerian Federal Inland Revenue Service (FIRS) plans to introduce legislation to tax the growing crypto sector, according to local media outlet Business Day. FIRS Executive Chairman Zacch Adedeji announced this during a session with the National Assembly’s Finance Committees, highlighting that the new regulation would drive economic growth while encouraging innovation. Source 📌 Best Crypto News

🪙 Tether expands USDT stablecoin to Aptos blockchain Stablecoin issuer Tether is launching its main USDT stablecoin on the Aptos blockchain. The integration will allow those using the Aptos blockchain to natively transact with the USDT stablecoin at a lower cost than more expensive networks like Ethereum. "This collaboration underscores our ongoing efforts to lead with innovation and support our users with stable, reliable financial tools," said Tether CEO Paolo Ardoino in a statement. Source 📌 Best Crypto News

Franklin Templeton is preparing a new ETF: Bitcoin and Ethereum under one flag! ✔️Asset manager Franklin Templeton has taken a step towards launching an innovative exchange-traded fund by filing an S-1 with the SEC. ✔️The new Franklin Crypto Index ETF will combine Bitcoin and Ethereum in one product, opening up new horizons for investors. 💡Well, it's time to keep your finger on the pulse - this fund promises to be interesting! 🤝 @Cryptocurrency_Inside ✅

🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟 Stay ahead with: - 📰 Real-Time Updates: Get the latest news instantly. - 🔗 In-Depth Analytics: Powerful blockchain insights. - 📅 Market Trends: Expert analysis and forecasts. Join our vibrant community and stay updated with our active Twitter feed. The only news source you need! 🔗 Join now: @Cryptocurrency_Inside #advertising

💰 Yahoo Finance says #Bitcoin ETF holders have 'diamond hands.' 💎✋ 🤝 @Cryptocurrency_Inside ✅

🐶 After famous Notcoin, Telegram organized new airdrop among users: #DOGS! Your airdrop depends on ⚫ Account age ⚫ Telegram premium sub ⚫ OG status Check and claim your #DOGS here You can sell your tokens on Bitget premarket, price is around $0.01! And it will be listed on OKX on the 20.th this month.

🗣️ Co-founder of BitMEX, Arthur Hayes, believes that for an altcoin season to begin, Bitcoin must surpass $70,000 and Ethereum $4,000. He also predicts that if these levels are reached, Solana could rally to $250 during the next altcoin season. What’s your prediction for Solana’s price? 🌚 - $180 ❤️ - $250 ⚡️ - $350 🐳 - $500 🤝 @Cryptocurrency_Inside ✅

💰 Trump’s $499 Bitcoin-themed sneakers sell out swiftly, resell prices spike to $2500 Former US president Donald Trump’s Bitcoin-themed sneakers have already sold out, according to the Trump Sneakers website. Launched on July 31, the 1,000 pairs of the bright orange version of the Bitcoin-themed sneakers were priced at $499 per pair for pre-order and, within a few hours of their release, were all sold out. The site also offers several other sneaker models, including black high-tops, priced at $299, and orange low-tops, also at $299. Source 📌 Best Crypto News

🪙 Tether generates a record $5.2 billion profit in first half of the year Leading stablecoin firm Tether released its latest quarterly attestation Wednesday, reporting a record net profit of $5.2 billion for the first half of 2024. The company also reached a net operating profit of $1.3 billion in the second quarter, largely due to its yield-bearing investments and reserves, according to its press release. The attestation was conducted by BDO, a global independent accounting firm. Source 📌 Best Crypto News

🪙 QCP Capital forecasts significantly greater volatility for Ethereum compared to bitcoin Ethereum is anticipated to experience significantly larger price swings than bitcoin in the future, as reflected in the higher options volatility premium for the second-largest asset by market capitalization. "The volatility premium of Ethereum to bitcoin has widened to about 8% for the longer tenor expiries, up from 4% last week," QCP Capital analysts said. QCP Capital analysts also expressed a preference for accumulating Ethereum, noting its cost-effective spot price when considering the rise in the asset's implied volatility. Source 📌 Best Crypto News

🪙 Ethereum supply turns inflationary as gas fees drop to record lows The Ethereum ecosystem is experiencing a historic drop in gas fees, which is impacting both mainnet and Layer 2 transactions. According to Etherscan Gas Tracker, the average gas fee on the mainnet stands at 4 Gwei at press time, approximately $0.21. This decline extends to the blockchain network’s Layer 2 solutions— including Optimism, Base, Arbitrum, and Linea— whose fees are below $0.01 per Gasfees.io data. Source 📌 Best Crypto News

🇺🇸 Spot ETF Inflows to Have Weaker Effect on Ether Than Bitcoin – CryptoQuant The first wave of spot Ethereum exchange-traded funds (ETFs) in the United States debuted on July 23, with inflows running above $100 million. While the positive flows signal a strong start for the funds, ether (ETH) may not witness the parabolic uptrend bitcoin (BTC) saw after asset managers launched its ETFs earlier this year. Source 📌 Best Crypto News

💰 SEC approves Grayscale Bitcoin Mini Trust, awaiting registration statement greenlight The U.S. Securities and Exchange Commission approved Grayscale's mini version of its Grayscale Bitcoin Trust (GBTC) on Friday. The agency specifically approved the 19b-4 form for the Grayscale Bitcoin Mini Trust. The trust, under the ticker symbol "BTC," is intended to be a “spin-off” of GBTC, with new shares of the mini trust designed to be distributed to GBTC shareholders as GBTC contributes a certain amount of bitcoin to the trust, according to an S-1 filing posted in March. Source 📌 Best Crypto News

💰 Senator Hagerty says loving Bitcoin is in every American’s ‘DNA’ – praises Trump’s stance US Senator Bill Hagerty passionately advocated for Bitcoin and the principles of decentralization during his speech at the Bitcoin2024 conference, highlighting the alignment of these values with American ideals of liberty and autonomy. Hagerty said during his appearance at the Bitcoin2024 conference on July 26 that the flagship crypto represents the fundamental principles of freedom — drawing parallels with the ideals of America’s founding fathers. Source 📌 Best Crypto News

🏦 Coinbase UK subsidiary fined $4.5 million by FCA CB Payments Limited, a part of Coinbase Group, has been fined just over 3.5 million British pounds ($4.5 million) by the Financial Conduct Authority for "repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers." "Approximately 31 per cent of these customers deposited around USD $24.9 million," it added, noting: "These funds were used to make withdrawals and then execute multiple cryptoasset transactions via other Coinbase Group entities, totaling approximately USD $226 million.". Source 📌 Best Crypto News

💰 Kamala Harris will not be speaking at Bitcoin Conference 2024 Despite rumors circulating that the Democratic frontrunner for the US Presidential Election 2024, Kamala Harris, will be speaking at the Bitcoin Conference in Nashville this week, David Bailey has confirmed that she will not attend. David Bailey, CEO of BTC Inc. and organizer of The Bitcoin Conference, confirmed this decision comes amid ongoing discussions about the Democratic Party’s stance on Bitcoin, crypto, and blockchain technology. Source 📌 Best Crypto News

🪙 Ethereum ETFs soar with $361 million volume in first 90 minutes Spot Ethereum exchange-traded funds (ETFs) debuted to robust investor interest within the first 90 minutes of trading, amassing a total volume of $361 million across the nine newly launched ETFs. Bloomberg senior ETF analyst Eric Balchunas shared the initial data on social media and noted that the impressive start ranks these ETFs among the top 1% in overall ETF volume, comparable to well-established funds such as TLT and EEM. Source 📌 Best Crypto News

🇺🇸 ETHEREUM ETFs TO START TRADING TODAY 🤝 @Cryptocurrency_Inside ✅

🪙 Spot Ethereum ETFs get final sign off to begin trading Tuesday Some spot Ethereum exchange-traded funds have received the go-ahead and can begin trading on Tuesday, following weeks of back-and-forth on edits to registration statements. The U.S. Securities and Exchange Commission allowed registration forms from 21Shares, Bitwise, BlackRock, Fidelity, Franklin Templeton, VanEck and Invesco Galaxy to go effective as of Monday afternoon. Registration forms for the Grayscale Ethereum Trust and the Grayscale Ethereum Mini Trust also went effective on Monday. Source 📌 Best Crypto News

💰 XRP price, activity rise as Ripple's CEO says he expects legal resolution 'very soon' Recent comments from Ripple's CEO have fueled speculation that the company's years-long legal fight with the SEC could be coming to a close, driving the price of the company's token up and fueling increased user activity on the network. While Ripple CEO Brad Garlinghouse declined to comment on whether Ripple was in active settlement talks with the SEC in a recent Bloomberg interview, the executive said he expects resolution of outstanding legal issues "very soon." Source 📌 Best Crypto News

🏦 BlockFi repayments to creditors to begin this month through Coinbase Bankrupt crypto lender BlockFi said in a post on X that it will begin interim crypto distributions through Coinbase in July. “The distributions will be processed in batches in the coming months, and eligible clients will receive a notification to the BlockFi account email on file,” the company said. It added: “Please note that non-US clients are unable to receive funds at this time due to the regulatory requirements applicable to them.” Source 📌 Best Crypto News

🪙 Cboe confirms trading launch of 5 spot Ethereum ETFs on July 23 The Chicago Board Options Exchange (Cboe) issued listing notifications for five new spot Ethereum exchange-traded funds (ETFs) scheduled to begin trading on July 23 — confirming reports from earlier in the week. The notifications clarify that the funds are pending final regulatory approval. The five ETFs are 21Shares’ CETH, Fidelity’s FETH, Franklin Templeton’s EZET, Invesco’s QETH, and VanEck’s ETHV. Source 📌 Best Crypto News

💰 Bitcoin reaches local price bottom amid indicators of upcoming positive momentum: CryptoQuant The price of bitcoin seems to have bottomed out after recovering to a high of almost $66,000 earlier this week, according to CryptoQuant analysts. Thursday's CryptoQuant Weekly report noted that the recent drop in bitcoin's price to a low of around $55,000 last Wednesday resulted in the largest realized losses for the digital asset's holders so far in 2024. Source 📌 Best Crypto News

🇺🇸 Vitalik Buterin warns against supporting politicians solely based on their pro-crypto stance Ethereum creator Vitalik Buterin cautioned the crypto community against supporting politicians solely based on their pro-crypto statements and expressed particular concern over a lack of support for “internationalism.” Buterin made the statements in a July 17 blog post, where he highlighted the “growing push” for members of the crypto space to become more political amid concerns about crypto regulation in the EU and US. Source 📌 Best Crypto News

💰 Kraken receives bitcoin from Mt. Gox Trustee, payouts anticipated in 7-14 days Crypto exchange Kraken has received a pair of bitcoin and bitcoin cash transfers from the Mt. Gox Rehabilitation Trustee. Kraken appeared to write in an email to clients, according to a screenshot posted in the Mt. Gox creditors Telegram group. “While we will work to distribute funds as quickly as possible, please anticipate 7-14 days for funds to be credited to your account. The amount you will receive has been determined by the Trustee, and we will distribute according to their instructions.”. Source 📌 Best Crypto News

🪙 Bloomberg analyst confirms Ethereum ETFs set to launch next week The Securities and Exchange Commission (SEC) is anticipated to approve the spot Ethereum exchange-traded funds (ETFs) next week, with trading expected to begin on July 23, Bloomberg senior ETF analyst Eric Balchunas reported on July 15, citing industry sources. The development follows recent communications between the SEC and ETF issuers, signaling a potential green light for the much-anticipated financial products. Source 📌 Best Crypto News

🇺🇸 Trump to Address Bitcoin 2024 Conference Despite Assassination Attempt Former President Donald Trump, who survived an assassination attempt during a rally in Pennsylvania on July 13, is reportedly still scheduled to address the Bitcoin 2024 Conference, taking place in Nashville from July 25 to July 27. According to David Bailey, CEO of Bitcoin Magazine and cryptocurrency advisor to the Trump campaign, he spoke with Trump’s team after the incident and was informed of the former President’s intention to attend. Source 📌 Best Crypto News

🪙 290,000 ETH Added to Liquid Staking Protocols Ahead of Spot ETF Launch According to data, liquid staking protocols accumulated an additional 290,000 ether in the past 46 days. This increase raised the proportion of ETH in liquid staking protocols by 0.24%, bringing the total to 11.18% of Ethereum’s 120.2 million circulating supply. At the time of writing, 13.44 million ether is locked into liquid staking protocols, with Lido holding 72.3% of that amount. On May 29, Lido had 9.51 million ETH, which has increased to 9.71 million today. Source 📌 Best Crypto News

🏦 Judge Criticizes Coinbase’s Attempt to Subpoena SEC Chair Gary Gensler In a July 11 hearing, Judge Katherine Polk Failla expressed skepticism about Coinbase’s efforts to subpoena SEC Chair Gary Gensler in the ongoing SEC case against the cryptocurrency exchange. As detailed by Inner City Press, the hearing showcased Coinbase’s persistent efforts to acquire Gensler’s communications, including statements made before he became SEC Chair in 2021. Source 📌 Best Crypto News

🪙 Kraken exec expects Ethereum ETF launch to ‘lift all boats’ Kraken Head of Strategy Thomas Perfumo said spot Ethereum (ETH) ETFs could help the crypto sector while commenting on political developments in the US. He said that the crypto market is “pricing in” $750 million to $1 billion of net inflows to Ethereum products on a monthly basis, which would imply that Ethereum could reach all-time highs between $4,000 and $5,000. Source 📌 Best Crypto News

🟠 Seven Years of Binance: CEO Richard Teng Shares Insights on Achievements and Future Goals Binance is celebrating its seventh anniversary, reflecting on its growth and achievements in the rapidly evolving cryptocurrency industry. In an open letter, Binance CEO Richard Teng shared his insights and perspective on the company’s journey and future. Source 📌 Best Crypto News

💰 Bitcoin ETFs achieve $15.5 billion in total inflows Farside data shows that Bitcoin Exchange Traded Funds (ETFs) experienced another inflow, marking the fifth consecutive trading day of positive inflows. Bitcoin ETFs saw an inflow of $78.9 million. This trend was observed among the four largest ETF issuers, excluding Grayscale, which reported an outflow. Source 📌 Best Crypto News

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🇺🇸 SEC Withdraws Enforcement Action Against Paxos' BUSD Stablecoin The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year after the SEC sent Paxos a Wells Notice concerning the BUSD stablecoin, which is backed by the U.S. dollar and issued in partnership with Binance. Source 📌 Best Crypto News

💰 Bitcoin peaks above $59,000 as US CPI data shows easing inflation Trading Economics data shows that June’s Core Inflation Rate MoM (Month-over-Month) increased by 0.1%, slightly below the consensus of 0.2% and the previous month’s 0.2%. This suggests a modest deceleration in core inflation, which excludes volatile items like food and energy. Year-over-year (YoY) figures show that Core Inflation stands at 3.3%, down from 3.4% previously and below consensus expectations, indicating a slight easing of core inflation pressures over the year. Source 📌 Best Crypto News

🇺🇸 Trump emboldens support from Republican voters with pro-crypto stance, survey finds Republican presidential candidate and former US President Donald Trump has garnered increased support from his party following his recent embrace of cryptocurrencies, according to a new Paradigm-sponsored survey. Last month, Paradigm, a crypto-focused venture capital firm, polled 1,025 likely Republican voters’ views on the emerging industry, revealing their deep trust for the current financial system and their support for Trump. Source 📌 Best Crypto News

💰 Post-halving volatility triggers significant Bitcoin futures liquidations Over the past month, Bitcoin has experienced notable price fluctuations, with the price dropping from around $60,000 in mid-May to below $55,000 by early July. This period saw spikes in futures long liquidations, suggesting significant volatility in the market. In early March, as Bitcoin’s price surged toward $70,000, liquidations also spiked exceeding — $180 million. This trend highlights the high-risk nature of leveraged trading during periods of rapid price movement. Source 📌 Best Crypto News

🇩🇪 German receives small CoinJoin deposits amid ‘negligible’ $326 million Bitcoin sales The German government’s Bitcoin wallet received a small amount of Sats from a CoinJoin address amidst its significant selling activity. On-chain data from the crypto analytical platform Arkham Intelligence revealed that the German government wallets received less than $10 in three transactions from CoinJoin addresses today. Source 📌 Best Crypto News

🪙 VanEck, BlackRock and others file amended registration statements for spot Ethereum ETFs as deadline closes in Monday is the deadline for filing amended registration statements for spot Ethereum exchange-traded funds and some firms have begun turning those in. VanEck filed its amended S-1 registration statement earlier on Monday, which included minimal changes, such as details around custody. Others are expected to be filed throughout the day as firms vying for a spot Ethereum ETF gear up to launch those products. Source 📌 Best Crypto News

🇩🇪 German government continues to transfer thousands of bitcoins to exchanges and market makers The German government transferred 133.722 bitcoins to market maker Cumberland DRW today before sending 150 coins to crypto exchange Kraken and 1,000 coins to the B2C2 Group, according to blockchain analytics platform Arkham. It also transferred 300 bitcoins to Coinbase and 300 bitcoins to Bitstamp, as well as 1,000 bitcoins to market maker Flow Traders. Source 📌 Best Crypto News

💰 Jack Dorsey Envisions Bitcoin Replacing US Dollar — Foresees BTC Reaching $1 Million Billionaire Jack Dorsey foresees a future where bitcoin could supplant the U.S. dollar as the dominant global currency. He envisions a scenario where bitcoin’s value could soar to $1 million by 2030. Highlighting the cryptocurrency’s decentralized nature, Dorsey underscores its potential to democratize financial systems and reduce reliance on traditional banking institutions. Source 📌 Best Crypto News

📊 Web3 Users Surge by 40%, Reaching Historic High in Q2 In the second quarter of 2024, Web3 user engagement hit an all-time high, with approximately 10 million daily unique active wallets (dUAW), marking a 40% increase from Q1. According to a July 4 report by blockchain analytics platform DappRadar, the unprecedented growth spanned various sectors of the decentralized application (DApp) industry, leading to an overall bullish trend. Source 📌 Best Crypto News

🆘 Fake X accounts lead to record-setting crypto phishing attacks of $341 million Crypto phishing exploits in the first half of this year reached $341 million, surpassing the $295 million scammers siphoned from victims in 2023, according to blockchain security firm Scam Sniffer. Security expert and SlowMist founder Yu Xian said the phishing incidents of the first half of the year showed that the profit margin of these malicious attacks was profitable. Source 📌 Best Crypto News

🏦 Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. A Lagos-based crypto industry player stated that implementing the tax will likely harm the industry. Source 📌 Best Crypto News

💰 Bitcoin transfer volume from short-term holders bottoms out post-2024 halving Bitcoin’s transfer volume from short-term holders in loss to exchanges exhibits notable fluctuations. Glassnode data shows a significant decline in these transfers from January to July. In early 2024, volumes peaked around 90,000 BTC, aligning with market volatility, before stabilizing below 30,000 BTC post-halving in April. Historical data indicates heightened transfer activity during major price downturns. Source 📌 Best Crypto News

💰 Trump could be considering Bitcoin as a reserve asset to join the ‘SoftWar’ road to $1 million Jason Lowery, the author of “SoftWar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin,” revealed at the start of June that members of Donald Trump’s campaign administration have contacted him regarding his expertise on Bitcoin. In his communications, Lowery stressed the importance of Bitcoin for national security and its strategic significance for the US military, particularly in defending and securing cyberspace. Source 📌 Best Crypto News