Author: Cointelegraph By Tom Mitchelhill

Bitcoin Investing Made Simple!

$300B plunge: Largest 3-day wipeout for crypto in a year

The crypto market saw its largest three-day sell-off in 12 months amid weak jobs data and revived fears of a recession leading to a tumble in the equities market. Source link

Coinbase refutes accusation it violated campaign finance laws

Describing the allegations as “misinformation” — Coinbase chief legal officer Paul Grewal said Coinbase was exempt from certain campaign finance regulations as it is not a federal contractor. Source link

MicroStrategy’s Q2 earnings reveals Bitcoin stockpile now $14.7B

MicroStrategy shares jumped just 1% in after-hours trading, with the company posting a net loss of $123 million in the second quarter. Source link

Trump’s Bitcoin sneakers are already on eBay for $2,500

Scalpers are already trying to sell Donald Trump’s just-released limited edition Bitcoin-themed sneakers on eBay for $2,500. Source link

‘Tone deaf’ — US moves $2B Silk Road BTC after Trump’s stockpile pledge

The move comes just two days after Donald Trump declared he would create a “strategic national Bitcoin stockpile” if reelected. Source link

US senator withdraws support for Elizabeth Warren’s anti-crypto bill

Republican Senator Roger Marshall has withdrawn as a cosponsor for an anti-crypto bill he co-created with Senator Elizabeth Warren in 2022. Source link

Global manhunt underway for JPEX promoter ‘Coin Young Master’

Interpol has issued red notices for Wong Ching-kit and his accomplice, Mok Tsun-ting, on charges of fraud, theft, and money laundering. Source link

Bitfarms forced to stop ‘poison pill’ strat amid Riot takeover attempt

The Ontario Capital Markets Tribunal terminated Bitfarm’s attempt to “poison pill” Riot Farm’s takeover attempt of their firm. Source link

Bitcoin rewards app Fold to go public on Nasdaq via SPAC deal

The Bitcoin-based cashback app will go public on the Nasdaq after a SPAC deal that’s expected to wrap up by the end of this year. Source link

Mt. Gox shifts $2.5B in Bitcoin to unknown wallet, repayments top 40%

Mt. Gox transferred 37,477 BTC to a new wallet, while data shows that 40% of creditor repayments have now been distributed. Source link