Avatar
Btcnews
e4146d1d7fb2f7f6e6b3c799eaeaba6f7446fd28ccea2592671cb239a13f4d81
I come to bring you the latest Bitcoin news 🔸▪️♾️

Elon Musk leaves California due to the trans law

Elon Musk, CEO of SpaceX and owner of .California Governor Gavin Newsom signed the SAFETY Act on Tuesday. Hailed by activists as a safeguard against “forced disclosure” of homosexuality or transgender children, the law prohibits school staff from informing parents if their children identify as gay in the classroom or use names or pronouns other than that appear on their birth certificates. “This is the final straw,” Musk wrote in headquarters from Hawthorne, California, to Starbase, Texas.”

https://es.head-post.com/index.php/2024/07/17/elon-musk-abandona-california-por-la-ley-trans/

🚨 🚨 🚨 59,000,000 #USDT (59,038,409 USD) transferred from #Kraken to #Bitfinex

Details

https://whale-alert.io/transaction/tron/ae2d51a2f6e5610ac7abc330418c3583e2abbbc05ae6ca4bdc2d427ca3afac35

Bloomberg Businessweek issued a statement apologizing for publishing a false and unfounded cover titled "Changpeng Zhao's Ponzi Scheme" in its 250th issue (July 6, 2022).

The initial title was "Can Crypto's Richest Man Stand the Cold?" but was later changed by his Hong Kong publisher.

CZ then sued Bloomberg for defamation.

The editors apologized, withdrew their statements, and reportedly donated an undisclosed agreed upon sum to the Songzi Special Education Foundation, Hubei Province.

The market currently has a very low inflow (average = 30K/day), so if the Mt.Gox coins are distributed in small batches, the market will absorb them without much effort.

Buy the weekly lower bband and chill. 😎 $BTC

We leave you here what you should know this Wednesday:

🔵 The price of bitcoin returns to $65,000. It is its maximum since last June 20.

🔵 Bitcoin ETFs had the largest inflow since June. This flow is attributed to the rise in the price of BTC.

🔵 Bitcoin will have to face in the coming days the BTC releases carried out by the bankrupt Mt. Gox exchange. These could negatively impact the market.

🔵 Colombia does not find sufficient reasons to issue a CBDC. For the Banco de la República, the low adoption of this instrument in other countries presents reputational risks, and no use cases have been found that translate into well-being for the population.

Commissions for high priority transactions in Bitcoin are around $0.7, while in Ethereum they are 0.6.

💰 Bitcoin ETF Inflow : 2024-07-16

#IBIT : $260.2M 🚀

#FBTC : $61.1M 🚀

#BITB : $17.3M

#ARKB : $29.8M

#BTCO : $20.5M

#EZBC : $9.4M

#BRRR : $2.2M

#HODL : $22.0M

#BTCW : $0.0K

#GBTC : $0.0K

📊 Net Inflow : $422.5M 🔥🔥

⚡ 7-day Avg : $253.0M

💸 U.S. spot Bitcoin ETFs attracted over $422 million during yesterday's trading session — the positive trend has continued for eight consecutive days.

Meanwhile, Glassnode reported a complete exhaustion of BTC sellers.

‼️ Craig Wright (known as "Faketoshi") has officially admitted that he is not the creator of Bitcoin, Satoshi Nakamoto!

The end of the story.

X, telegram and other places, I try to make it the latest news

📊👀 #BTC Glassnode: The invalidation of the realized STH price (~$64.2k) had signalled the acceleration of the June correction.

The price's return above this zone is a sine qua non for bull market continuation to watch over the next few days.

📈7/16 Total Net Flow:$ 420 million

BlackRock $IBIT: $ 260 m

Grayscale $GBTC: $ 0

Fidelity $FBTC: $ 61.1 m

Bitwise $BITB: $ 17.3 m

Ark $ARKB: $ 29.8 m

Invesco $BTCO: $ 20.5 m

Franklin $EZBC: $ 9.4 m

Valkyrie $BRRR: $ n/a

VanEck $HODL: $ 22 m

WisdomTree $BTCW: $ 0

⁠Analyst: BTC whales looking to accumulate amid 'overestimated' Mt. Gox FUD

CryptoQuant CEO Ki Young Ju Claims Bitcoin Remains Vulnerable to “Speculative FUD,” Offering Smart Money a Way to Buy Cheap Bitcoin

🚨Fidelity Buys 940 #Bitcoin

That's 10,000 #Bitcoin in eight trading days.

Can't wait to see these 13-F reports.

Whose money?