Democratic presidential candidate Robert F. Kennedy Jr. owns up to $250,000 in Bitcoin (BTC), in contrast to his previous claim that he was not an investor in the leading cryptocurrency. A record obtained by CNBC shows Kennedy Jr. owned between $100,001 and $250,000 worth of Bitcoin at the end of June. The investment was made…
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Bitcoin (BTC) will suck in “all prosperity gains” in future and leave behind those who have no exposure as a result, a new prediction says. In a Twitter thread on July 8, investor Luke Broyles delivered a bold vision of how Bitcoin would become “society’s base money.” Investor tells would-be Bitcoin buyers: “Get off zero”…
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A Salvadoran teenager shares his journey of completing El Salvador’s Bitcoin diploma program, Mi Primer Bitcoin, meaning My First Bitcoin. Now, he has returned to his former high school to educate the teachers about Bitcoin (BTC). In a series of tweets on July 8, 18-year-old Gerardo Moran revealed that El Salvador’s Bitcoin diploma program, Mi…
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Bitcoin mining company Marathon Digital has linked its recent slump in Bitcoin’s mined in June to the weather conditions in Texas and a drop in transaction fees. According to a July 5 statement, Marathon Digital experienced a “21%” decline in June for the total amount of Bitcoin (BTC) mined compared to the previous month of…
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Top Stories This Week Larry Fink, the CEO of BlackRock, has recently delivered pro-crypto remarks, claiming “Bitcoin is an international asset” and suggesting U.S. regulators consider how an ETF directly linked to Bitcoin could democratize finance in the country. Under Fink, BlackRock has attempted to launch a spot BTC ETF with crypto exchange Coinbase acting…
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According to a letter sent by the SEC on July 7 to a district judge, Coinbase had knowledge of the probability that federal securities laws would apply to its operations, openly informing its shareholders about the possibility of assets traded on its platform being classified as securities. “Since becoming a public company, Coinbase has repeatedly…
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Bitcoin (BTC) price gave back some of its recent gains this week, but multiple data points suggest that $30,000 should hold as support going forward. Bitcoin remained within a narrow 4.3% range for the 15 days leading up to July 7. Despite the proximity of the $29,895 to $31,165 range, investors’ sentiment was significantly impacted…
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Cryptocurrency exchange Crypto.com has petitioned a Florida court to confirm a judgment in its favor through arbitration after the platform mistakenly deposited $50,000 into a user’s account. According to the July 6 court filing, Crypto.com “erroneously deposited” $50,000 into James Deutero McJunkins’ account in June 2022, despite the user seemingly not earning the funds through…
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Ethereum (ETH) has been on a downward trend with the $2,000 level forming a crucial resistance level in recent months. While Bitcoin (BTC) recorded 11.94% gains moving past $30,000 in June after BlackRock filed an ETF application with the U.S. Securities and Exchange Commission, the upside in ETH stayed around 3.16%. In the first week…
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Bitcoin and select altcoins are finding buyers at lower levels, indicating a pick-up in positive sentiment. Source link