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Welcome to Thursday Folks! Yesterday, the news broke that Larry Fink is all about Bitcoin now; the price of Bitcoin is currently at $31,188.97. The fear and greed index pulled back to 56 and the best performing asset for the past 24 hours is $SOL up 7.66%; in position #9. Most trending news this morning is Larry Fink going bonkers over Bitcoin. Let's dive into the rest of the news...
Galaxy CEO Michael Novogratz plans to move more people overseas, warns others are doing the same.
Bitcoin hits new yearly highs as BTC price rebounds to $31.5K as Bitcoin holders are still only just breaking even. Bitcoin's unmoved supply hits all-time high amid institutional interest. Bitcoin price rally puts focus on futures spread that underscores need for Spot ETFs. ‘Bitcoin is an international asset,' could "Revolutionize Finance," and digitize gold; wants to democratize Crypto — BlackRock CEO Larry Fink bullish remarks. Congrats, you’ve just survived the longest bitcoin bear market ever. Over $140,000,000 in Crypto Liquidated As Bitcoin Abruptly Retraces New 2023 High. Bitcoin price dips below $31,000 amid release of hawkish Fed minutes. Leveraged bitcoin futures ETF sees trading surpass 500,000 shares. Lightning Labs releases new Bitcoin tools for AI development.
Bitcoin Mining Revenue Hits $184 Million in Q2 Amid Ordinals Fervor. UAE emerges as a pro-Bitcoin mining destination in the Middle East. Bitcoin miner Hive Blockchain is going through an AI-inspired rebrand. 8 ways crypto mining companies can effectively embrace ESG practices. Crypto miners keep stealing from this state power company. Bitcoin mining stocks outperform BTC in 2023, but on-chain data points to a potential stall.
Opinion: Willy Woo Says On-Chain Data Suggests Bitcoin (BTC) Now in Early Stages of Price Squeeze. Blame The “Supermoon” If Bitcoin Crashes Or Rallies Towards $35,000 In July. Bitcoin Retreats to $30.6K as Blowout ADP Report Strengthens Fed Rate Hike Bets. Thank BlackRock’s Clients for Larry Fink’s Change of Heart. Bitcoin ETF Bullish Effect on Bitcoin (BTC) Price Has One More Signal, Analyst Tom Dunleavy Says. Bitcoin (BTC) Price Builds Basis for Move to $34K: Glassnode Co-founder Negentropic. Will 2023 Be the Year of the Bitcoin ETF? The best trade in crypto right now is ‘long GBTC,’ Van Bourg says. Dave Nadig: An approved spot bitcoin ETF could be ‘one of the largest launches in history.' Bitcoin can no longer be considered 'passing fad,' says Grayscale CEO Michael Sonnenshein.
4 reasons why Ethereum price can't break $1,970. Solana Might Break Above Major Resistance, Top Analyst Says.
Circle Considers Issuing Stablecoin in Japan Under New Rules and quietly launches wallet-as-a-service developer platform. Over 100 countries are actively exploring Central Bank Digital Currencies (CBDCs). Former SEC Official Says CBDCs Will Open Pandora’s Box of Privacy Concerns, Supports Ted Cruz’s Proposed Ban. Government-backed Hong Kong stablecoin is unlikely, says senior researcher at OKG.
Binance Suspends Eight Altcoins Tied to Bridge Protocol Multichain After May Incident. Binance to retire certain deposit addresses in upcoming wallet upgrade. Binance Refers Dutch Users to Rival Coinmerce as it Exits Netherlands. Crypto Exchange Binance Lists Hot Ethereum Altcoin Project That’s Up 110% This Month. Binance's top strategist departs company amid reported US exec resignations. Bakkt eyes Hong Kong, UK and EU for international crypto plans.
This new bill may make it much easier for the UK police to seize crypto. Namibia passes bill to regulate crypto and digital assets. Regulatory ambiguity hurts Americans, says SEC Commissioner Hester Peirce. SEC must conduct ‘reasonable’ record searches in crypto conflict of interest case. UK Law Commission report challenges Craig Wright's suit against Bitcoin developers.
Celsius and former CEO Mashinsky broke US rules, CFTC concludes: Bloomberg. BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC.
Coinbase director Conor Grogan finds lost crypto worth $320,000 for stranger.
There were 63% more crypto attacks last quarter compared to a year ago. Tens of millions of dollars withdrawn from Multichain on Fantom in possible exploit; $130M. Two Florida men settle CFTC charges over multi-million dollar bitcoin fraud. Crypto exchange Bitfinex recovers $314,000 from 2016 hack. He Got Arrested in Russia for a Bitcoin Bribe. Now the Coins Are Moving to Exchanges.
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Podcast of the Day: #245: Mike Belshe, CEO of BitGo, on U.S. Regulatory Environment and Institutional Crypto Adoption | Cryptonews