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Bitcoin hits Wall Street: A recap of a critical six months for crypto markets and what what could lie ahead the rest of the year
Bitcoin hits Wall Street: A recap of a critical six months for crypto markets and what what could lie ahead the rest of the year

The debut of Bitcoin ETFs helped push the world’s largest cryptocurrency to new all-time highs this year.The U.S. presidential election continues to shake the market as Donald Trump embraces crypto while Joe Biden remains in limbo.Below is a brief recap of the market’s major milestones of 2024 and a glimpse at what’s ahead before the year ends.

The Block·2024/07/05 22:13
Bitcoin bulls meet their third final boss after US and Germany: Mt. Gox
Bitcoin bulls meet their third final boss after US and Germany: Mt. Gox

The Mt. Gox repayments are finally here, whether the market is ready or not

Blockworks·2024/07/05 21:52
Donald Trump will trigger a massive Bitcoin bull run if he wins: FT
Donald Trump will trigger a massive Bitcoin bull run if he wins: FT

Share link:In this post: Donald Trump’s potential election victory could trigger a massive Bitcoin surge. Bitcoin has surged in 2024 due to Bitcoin ETFs but struggled since April’s halving event. Analysts believe Trump’s pro-crypto stance and policies could boost Bitcoin’s appeal. Market watchers predict Bitcoin could reach $100,000 by Election Day if Trump wins.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information

Cryptopolitan·2024/07/05 20:31
$537 million Binance deposits tied to BTC price drop suggest whales selling: LookOnChain
$537 million Binance deposits tied to BTC price drop suggest whales selling: LookOnChain

Two wallets identified by LookOnChain have transferred 9,500 BTC worth about $537 million, at current prices, to Binance within the past week.The transfers were associated with subsequent drops in the price of bitcoin, which may indicate the whales selling.

The Block·2024/07/05 19:49
Is Bitcoin Undervalued? Core Scientific Founder Shares Optimistic Thoughts
Is Bitcoin Undervalued? Core Scientific Founder Shares Optimistic Thoughts

Darin Feinstein encouraged the community to view Bitcoin’s current price drop as a buying opportunity.

Cryptopotato·2024/07/05 19:49
Solana endorses decentralized Ticketmaster alternative XP
Solana endorses decentralized Ticketmaster alternative XP

Share link:In this post: Solana promotes the Ticketmaster alternative, XP, via an X Video. According to Solana, XP uses blockchain to cut down ticket fees and enhance market fairness. The XP platform utilizes tpNFTs to improve security and authenticity in ticket sales.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qu

Cryptopolitan·2024/07/05 18:28
Flash
22:52
Shielded Labs discloses that the Orchard forgery vulnerability has been fixed
Shielded Labs disclosed a vulnerability in Orchard that could have been used to generate an unlimited amount of counterfeit ZEC. The issue was fixed on June 2, and zcash:native dropped by 27%. (Decrypt)
22:51
Major US banks including JPMorgan and Citi to launch tokenized deposit systems
Major U.S. banks, including JPMorgan and Citi, plan to launch a tokenized deposit system to compete with cryptocurrencies. (Watcher.Guru)
22:41
Pakistan plans to build strategic petroleum reserves, Japanese media: Pakistan is negotiating with China, Saudi Arabia, and Kuwait
Golden Ten Data reported on June 5 that a Pakistani government official told Nikkei Asia, “Pakistan plans to initially establish oil reserves sufficient for 45 days of demand, which can be gradually increased to 90 days in the future.” The official revealed that the Ministry of Energy plans to adopt a multi-model strategic petroleum reserve system, including state-supported emergency inventories, mandatory industry inventories, and bonded commercial storage. Among these reserve systems, bonded commercial storage has sparked discussion. This refers to storage facilities under customs supervision, where imported oil or other fuels can be stored for re-export by domestic or foreign traders without immediate payment of duties and taxes. In case of emergencies, these stored fuels can be used domestically in Pakistan. Nikkei Asia, citing another informed government official, reported that Pakistan is in negotiations with Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, and China, planning to establish bonded terminals within Pakistan. “Gwadar Port could be one of the sites for such terminal construction,” the official said.
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