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Bitcoin whales set to stack more amid ‘overestimated’ Mt. Gox FUD: Analyst

CryptoQuant CEO Ki Young Ju says Bitcoin is still vulnerable to “speculative FUDs,” giving smart money a way to buy up cheap Bitcoin. Source link

FTX and CFTC agree to $12.7B settlement, subject to court approval

The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors. Source link

Bitcoin price rally to $65K fueled by ‘complete exhaustion’ from sellers — Glassnode

Bitcoin price displayed surprising strength after various market participants absorbed over 48,000 BTC that the German government sold. Source link

Angel Drainer reportedly shuts down after devs potentially identified

Two hours after Match Systems claimed to have discovered the identity of Angel Drainer developers, users began complaining that the app no longer worked. Source link

Elon Musk says X and SpaceX headquarters will move to Texas

The billionaire industrialist has an estimated net worth of $221 billion and owns Tesla, SpaceX, xAI, and the X social media platform. Source link

Bitcoin traders forecast ‘splendid’ bullish price action now that BTC is above $65K

Multiple Bitcoin price metrics point to an incredibly bullish “post-halving growth trajectory.” Source link

Ripple backs Deaton with $1M donation in senate race against Warren

Ripple has the back of one its strongest supporters in his attempt to unseat powerful Senate crypto foe Elizabeth Warren. Source link

Bitcoin back above $65K as traders shake off Mt. Gox BTC transfers

Traders ignored the news that Mt. Gox transferred billions of dollars in BTC and instead focused on pushing Bitcoin price above $65,000. Source link

Craig Wright admits he's not Satoshi, issues disclaimer on his website

The Crypto Open Patent Alliance accused Wright of forgery in court and claimed that he “invented an entire biographical history.” Source link

a16z co-founders pledge to support Trump in wake of Vance VP pick: Report

Numerous Silicon Valley insiders are reportedly donating to the Republican presidential nominee. Source link