A new bill, because what’s France without a few more bureaucratic hurdles, outlines a five-year test program aimed at utilizing the excess energy from nuclear plants to fuel the crypto mining craze. And we’re not talking about a few spare kilowatts here – we’re talking about a full gigawatt of juice, capable of generating a whopping $150 million annually. 💸
According to a Wednesday SEC filing, the regulator will take more time to decide whether to allow in-kind redemptions on NYSE Arca for Bitwise’s Bitcoin (BTC) and Ether (ETH) spot ETFs. The time limit for the decision was extended, but the underlying limit remains “45 days, extendable to no more than 90.”
The report highlights that a growing share of stolen funds comes from personal wallet breaches. Moreover, the use of physical violence against crypto holders has also increased this year. 😱
But the story doesn’t end there. The surge is also fueled by the ever-growing institutional support, with partnerships with giants like SWIFT, Google Cloud, and the favorable winds of U.S. crypto policy developments. So, are you thinking of stacking some LINK? If so, this Chainlink Price Analysis is your ticket to navigating the choppy waters of the crypto market. 🛤️
The CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act have all been advanced through the U.S. House of Representatives, after President Trump met with and gained the support of several key Republican detractors of the bills.
Just take a gander at the graph above, which tells a tale of XRP’s magnificent ascent. The poor thing had dipped below $2 at the end of June, during the gloomy days of the Israel-Iran conflict. But fear not, for it quickly bounced back to the cozy range of $2.2 to $2.3, where it had been snuggling for the past few months.
New Bitcoin market entrants have accumulated 140,000 BTC in July so far, Glassnode data shows.
At the time of his theft, the 50 BTC was worth a humble £59,000, a sum most would consider substantial. However, with the soaring value of the cryptocurrency, the stolen sum has now ballooned to an eye-watering £4.4 million. In a twist that even Austen might envy, Chowles used his insider knowledge of the Silk Road investigation, a deep and secretive affair, to abscond with the funds that were rightfully seized during the 2014 crackdown on Silk Road 2.0. This was the second incarnation of the infamous marketplace, the original having been shut down by the FBI.
In a world where Bitcoin has smashed through the $123K barrier (yes, you read that right!), the crypto presales are lined up to ride the wave of this monumental surge. It’s like the crypto wild west, but with a bit more money involved—and a lot more risk. 🤑
On the 17th of July, the crypto markets, much like a lady of a certain age, experienced a slight decline of nearly 2%, bringing the total market cap to a modest $3.8 trillion. However, the memecoin sector, ever the spirited debutante, rallied with a spirited 5.7% increase during the same period, much to the delight of its ardent admirers.
