The Strategic Bitcoin Reserve plan, proposed by the Donald Trump administration in the US, has entered a more complicated process than expected due to legal and bureaucratic obstacles. According to Bloomberg, the government’s idea of collecting and managing Bitcoin under a national reserve-like structure is not yet clearly defined due to questions surrounding the authority […]
Mt. Gox-linked wallets have moved 47,228 $BTC to Bitstamp-linked addresses, adding a fresh on-chain signal that creditor repayments are no longer just paperwork. For more details, visit the official Arkham platform. TL;DR Arkham-tracked Mt. Gox wallets show a 47,228 $BTC transfer to Bitstamp-linked addresses. The move fits the broader repayment process now underway for creditors. […]
Jiang Zhuoer, founder of the B.TOP mining pool, made noteworthy statements regarding Strategy’s Bitcoin sales. According to Zhuoer, it is highly likely that the company will sell all 20,000 $BTC for which it had previously received approval. Zhuoer stated that Strategy recently sold 3,588 $BTC, raising approximately $216 million in cash. He noted that this […]
Bitcoin’s realized P&L ratio fell to -0.35, a 43-month low not seen since the FTX collapse in December 2022. Polymarket gives a 71% probability of $BTC hitting $65,000 in July, with just 24% odds for $70,000. Longs absorbed $47.91M in liquidations over 24 hours against $13.66M for shorts. Bitcoin trades at $62,812.89 on July 6, […]
As XRP, the native token for XRP Ledger (XRPL), signaled bullish sentiment in early July, the altcoin could receive a further boost from Ripple Labs’ regulatory approval in Europe. On July 6, Ripple announced that it had received the Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). As […]