Month: July 2024

Bitcoin soars, what’s next for crypto?

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What unexpected twists in the crypto market are unfolding after Trump’s shooting, and how might this event alter the course of events? On a sunny Saturday in Pennsylvania, an unexpected event unfolded: Donald Trump, the former president of the United States and a prominent supporter of crypto, was shot in the right ear during one of his political rallies. In the immediate aftermath of the attack, Trump’s campaign assured the public of his well-being, stating that he was “fine” and eager to attend the Republican National Convention in Milwaukee. This…

Crypto Market ‘Pricing in a Trump Win,’ Says QCP Capital

QCP Capital reports that the cryptocurrency market is anticipating a Donald Trump victory in the upcoming U.S. election in November 2024. QCP drew a parallel to the attempted assassination of Ronald Reagan in 1981. QCP Capital: Unusual Bitcoin Buying Signals Market Confidence in Trump Bitcoin (BTC) peaked at an intraday high of $63,259 per coin […] Source CryptoX Portal

A Crypto Trading Clampdown Expands Beyond Binance to Include OKX

Exchanges offer their biggest customers discounted trading fees, treating them like VIPs to boost the odds they’ll stick around. Prime brokerages – firms that provide trading services for professional, and often large, investors – could, in theory, funnel several customers’ trading through a single account at an exchange, qualifying for those lower fees. Source

JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here’s When

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American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends. The bank has announced the timeline for the conclusion of the ongoing BTC liquidations, predicting a subsequent rebound in the market.  JP Morgan Predicts Bitcoin Market Rebound In August In a research report on Wednesday, JP Morgan suggested that BTC liquidations should abate this July, foreseeing the start of a strong bull market as bearish trends caused by sell-offs subside. While the bank believes that a market recovery is imminent,…

Trump’s Speech at Bitcoin Conference Will Mark a Pivotal Moment for Crypto

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I’m no political strategist, but I always found it strange when presidential candidates spend time campaigning in states they have no risk of losing. Trump, or any Republican candidate for that matter, is not going to lose Tennessee in the 2024 presidential election (let’s face it, folks: Joe Biden is no Bill Clinton). And yet, Trump is stopping by a Bitcoin conference in the Volunteer State, during the immensely busy campaign season, in the same way a candidate makes stump speeches in airplane hangars for the military vote and in…

Eden Games to Launch Blockchain-Integrated Cosmic Royale in Animoca Brands’ Motorverse

Rebeca Moen Jul 15, 2024 15:58 Eden Games, under Animoca Brands, announces Cosmic Royale, a blockchain-integrated party royale kart racing game, as part of the Motorverse ecosystem. Eden Games Introduces Cosmic Royale Game development studio Eden Games, a subsidiary of Animoca Brands known for its legendary racing titles like Gear.Club and V-Rally, has announced the launch of Cosmic Royale, a new Web3 party royale kart racing game. This announcement marks the studio’s first fully blockchain-integrated project. Cosmic Royale is part of Animoca…

Bitcoin (BTC) Legitimate Asset: BLK CEO Larry Fink

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Bitcoin climbs as judge delivers bombshell ruling in Trump case

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Bitcoin and the broader crypto are up as traders react to the latest Donald Trump news. The flagship cryptocurrency jumped back above $63,000 and altcoins mirrored similar gains as former US President Donald Trump received a major boost with the dismissal of his classified documents case. Cryptocurrencies also rose sharply after Trump narrowly survived an assassination attempt on July 13. The latest gains have seen Trump related meme coins reverse the decline seen in the past 24 hours after rallying sharply on Sunday. MAGA, STRUMP and TREMP are green and…

BlackRock CEO: Bitcoin is ‘digital gold’

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BlackRock chairman and CEO Larry Fink said that he believes Bitcoin is a ‘legitimate financial asset class’ for those seeking financial control outside traditional systems. Once a skeptic, Fink now views Bitcoin (BTC) as a legitimate asset class.   “As you know, I was a skeptic. I was a proud skeptic,” Fink told CNBC. “I studied it, learned about it, and I came away saying, ‘Okay, my opinion five years ago was wrong.’”  Fink highlighted Bitcoin’s potential for uncorrelated returns and its role as a hedge against currency debasement and geopolitical…

What happened to the Chinese authorities’ 190k Bitcoins?

Chinese journalist Colin Wu released an investigation into PlusToken, one of the largest cryptocurrency Ponzi schemes in history. According to the journalist, the Chinese authorities have confiscated a large number of digital assets. The PlusToken team, led by a middle school educated man from Changsha, raised 310,000 Bitcoin (BTC), 9.17 million Ethereum (ETH), and over 51 million EOS using a simple Ponzi scheme and pyramid scheme model. Chinese police confiscated 190,000 BTC, 830,000 ETH, and 27.24 million EOS. “A man from Changsha, Hunan, with only a middle school education, raised…