💰 Jeff Booth explains how the implied value of Bitcoin is $43,000,000 per BTC today with a $900 Trillion global balance sheet
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🔵 Bloomberg analyst calls July 18 ‘best guess’ for ETH ETF launch amidst S-1 amendments
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JUST IN: 🇺🇸 2024 Republican platform includes advocacy for Bitcoin-related rights
The 2024 Republican platform includes language advocating for “every American’s right to manage their digital assets and the right to mine Bitcoin.”
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JUST IN: 🪙 All spot Ethereum ETF applicants filed updated S-1's
• Fidelity
• VanEck
• Franklin
• 21Shares
• Grayscale
• BlackRock
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🇯🇵 JUST IN: Japanese public company Metaplanet buys another ¥400 million worth of Bitcoin.
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JUST IN: 🪙 VanEck officially files S-1 for its Spot Ethereum ETF.
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💰 Two More Sleeping Bitcoin Addresses Wake From Slumber, Moving 1,045 BTC
Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have occurred in the past 48 hours. On Saturday, an address created in December 2013 spent approximately 149.99 BTC for the first time in over a decade. On Sunday, another historic wallet from April 1, 2016, transferred 895.11 BTC, valued at $51.3 million.
Source
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💰 $224B has flowed into this market since 2023. Government-seized #BTC contributes about $9B to the realized cap.
It's only 4% of the total cumulative realized value since 2023.
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💰 While you are scared, someone just bought $184 million worth of #Bitcoin from Coinbase 🔥
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💰 The #Bitcoin halving being explained to students at Massachusetts Institute of Technology (MIT) 🧐
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🇬🇧 NEW: The Labour Party's victory in the UK elections has renewed optimism in the crypto industry with its pledge to establish the UK as a global leader in tokenization.
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📊 The BTC and ETH derivatives-to-spot ratio has remained relatively flat this year compared to previous market cycles — link
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JUST IN: 💰 Portfolio manager Fairlead Strategies Founder tells CNBC they're "big believers" in having #Bitcoin in portfolios
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INSIGHTS 🇩🇪 Germany’s aggressive Bitcoin selling spree sparks heavy market turbulence
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💰 Andreas Antonopoulous gives the best explanation on how to measure the success of #Bitcoin 🎙
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NEW: 🇩🇪 Bitcoin continues to flow out of German government wallets, even on weekends 👀
They did not buy back Bitcoin yesterday; instead, not all their sell orders were filled, so the unsold Bitcoin was returned to their account.
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🐳 🐳 A dormant wallet just woke up after 10.6 years and moved 1,004 $BTC 💰 ($57M) to a new wallet.
This wallet received its $BTC in 2013 and 2014 at an average price of only $731.
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BREAKING: 🆘🪙 Mt Gox moves 47,228 BTC ($2.71 billion dollars) from cold storage to a new wallet.
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