Senator AS Elizabeth Warren Mendorong RUU Baru Untuk Mengatur Lebih Lanjut Crypto, Bitcoin
Tujuannya adalah untuk menutup celah dan membawa ekosistem aset digital ke dalam kepatuhan yang lebih besar.
BrianGabung/ Daftar
Cryptocurrency markets recover as Bitcoin rebounds above $59,000; Spot Bitcoin ETF buys $654 million in BTC in 3 days
Mengikuti
Cryptocurrency Markets Recover
Cryptocurrency markets recovered late Tuesday, recouping losses from the U.S. Fourth of July celebrations. Bitcoin rose 5% to as high as $59,300 before retreating slightly. Bitcoin is currently trading at $59,000.
Market Concerns Eased
Market participants have been closely watching the potential impact of Mt. Gox's sale of Bitcoin and the ongoing transfer of funds from the German government to exchanges and market makers. Despite earlier concerns, liquidations across the market totaled $100 million, a much smaller amount than the $600 million liquidated last week when Bitcoin fell to its lowest point since February, near $54,000.
ETF Activity Boosts Markets, Buys $654 Million of BTC in 3 Days
In recent days, U.S. Bitcoin exchange-traded funds (ETFs) have acquired $654 million, bringing their total asset value to $49.3 billion. On July 5 and July 8, trading volumes in U.S. Bitcoin ETFs reached $2.18 billion and $1.98 billion, respectively, the highest since June 25.
Since July 5, Bitcoin investors have poured more than $650 million into U.S.-listed spot Bitcoin exchange-traded funds (ETFs) over the past three trading days. This included $216.4 million in net inflows on July 9, with BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund leading with $121 million and $91 million, respectively.
According to Farside Investors, inflows on July 9 totaled 3,760 Bitcoins. Over the three days, inflows on July 8 were $294.8 million and on July 5 were $143.1 million, for a total of $654 million.
Despite these inflows, Bitcoin has struggled to break above the $60,000 mark since July 4. Currently, Bitcoin is trading around $59,000, down nearly 15% over the past month. Analysts remain hopeful that ETFs can help drive Bitcoin prices higher, similar to the price surge that preceded Bitcoin’s all-time high in March.
Impact of ETF Activity
Sina G, co-founder and COO of Bitcoin custody advisory firm 21st Capital, noted that the sharp price rally from $16,000 to $73,000 earlier this year was driven primarily by ETF inflows. He observed that ETF flows were strong until mid-March, after which they slowed and bankrupt outflows began to dominate, leading to a price drop to $56,000.
Bitcoin Sales in Germany
However, inflows into U.S. Bitcoin ETFs have not been enough to offset the recent selling spree by Germany’s Federal Criminal Police Office (BKA). Since July 5, the BKA has reduced its Bitcoin holdings by more than $850 million, following the seizure of nearly 50,000 Bitcoins in January during an investigation into a movie piracy website.
Arkham Intelligence data shows that BKA wallets now hold 23,960 Bitcoins, worth about $1.4 billion, less than half of the initial seizure. The BKA began selling Bitcoin on June 19 and stepped up those efforts in early July, sending hundreds of millions of Bitcoins to centralized exchanges and market makers.
Despite initial concerns about Mt. Gox and selling pressure in Germany, experts consulted by Decrypt believe those concerns are overblown. On Monday, the German government transferred about $900 million worth of Bitcoin to Kraken and other cryptocurrency exchanges, and on Tuesday, it transferred another $362 million to Kraken and other cryptocurrency exchanges.
Germany's Current Bitcoin Holdings
Ryan McMillin, chief investment officer at Merkle Tree Capital, noted that the worst of the sell-off in Germany appears to be over. According to blockchain analytics firm Arkham Intelligence, Germany has moved about two-thirds of its seized Bitcoin holdings, with about $1.4 billion remaining. While the transfer of funds to exchanges suggests there may be an intent to sell, there is no confirmation that a sale has occurred.
FTX bankruptcy legacy
McMillin also mentioned that the defunct cryptocurrency exchange FTX will distribute about $16 billion in cash to cryptocurrency investors around September or October. Previous sales have already contributed to this cash distribution, which is expected to be a significant bullish catalyst in the coming months.
Dapatkan pemahaman yang lebih luas tentang industri kripto melalui laporan informatif, dan terlibat dalam diskusi mendalam dengan penulis dan pembaca yang berpikiran sama. Anda dipersilakan untuk bergabung dengan kami di komunitas Coinlive kami yang sedang berkembang:https://t.me/CoinliveSG
Tambahkan komentar
Gabunguntuk meninggalkan komentar Anda yang luar biasa…
0 Komentar
paling awal
Muat lebih banyak komentar
Berita Terkait
- Brian
El Salvador Meluncurkan Program "Golden Visa" dengan Dukungan dari Tether
Pelamar yang berhasil, setelah menginvestasikan $1 juta dalam bentuk BTC atau USDT, akan mendapatkan visa dan kewarganegaraan gratis.
BrianBank Sentral Eropa Mengidentifikasi Crypto sebagai Penyimpan Nilai Potensial dalam Studi Baru
Laporan terbaru ECB mengakui mata uang kripto, terutama Bitcoin, sebagai penyimpan nilai yang potensial secara global. Faktor-faktor seperti investasi spekulatif, stabilitas di tengah ketidakpastian ekonomi, dan memfasilitasi transaksi lintas batas berkontribusi pada adopsi mereka. Laporan ini menyoroti dampak devaluasi mata uang fiat terhadap peningkatan perdagangan kripto, menekankan peran Bitcoin dalam menyediakan alternatif keuangan selama ketidakstabilan ekonomi makro.
SanyaKomisi Eropa Mengusulkan Langkah-langkah Terkait Dampak Lingkungan Penambangan Bitcoin
Metodologi Komisi Eropa untuk menilai dampak lingkungan Bitcoin memicu kritik, dengan kekhawatiran akan potensi pelarangan penambangan di seluruh Uni Eropa. Batten menyerukan persatuan komunitas, menekankan kontribusi positif Bitcoin dan mendesak evaluasi kritis terhadap proposal peraturan.
Edmund"Episode Terbaru Family Guy Menyoroti Kekacauan Mata Uang Kripto dalam Sesi Terapi
Dalam episode terbaru 'Family Guy', kekacauan mata uang kripto terjadi selama sesi terapi Meg, menambahkan sentuhan humor pada pasar kripto yang sering kali tidak dapat diprediksi. Penyebutan Bitcoin secara berulang-ulang dalam acara ini sejalan dengan lonjakan harga mata uang kripto yang lebih luas, yang mencerminkan minat dan ekspektasi yang terus meningkat di pasar.
Huang BoPenyimpanan Kripto Offline IBM untuk Keamanan Institusi
IBM, yang merupakan pemimpin dalam bidang perangkat lunak dan konsultasi TI, membuat gelombang di dunia web3 dengan memperkenalkan Hyper Protect Offline Signing Orchestrator.
AaronX dan Mata Uang Kripto milik Elon Musk: Apakah Dogecoin adalah Langkah Selanjutnya?
Dogecoin, mata uang meme favorit yang terinspirasi dari anjing di internet, mungkin siap untuk memainkan peran penting sebagai opsi pembayaran di X (sebelumnya Twitter).
AaronKebangkitan Bitcoin: Gelombang Optimisme Baru di Dunia Kripto
Lonjakan Bitcoin baru-baru ini menjadi $45.000 memicu minat dan optimisme baru di pasar kripto, di tengah-tengah latar belakang potensi ETF Bitcoin dan perombakan industri seperti runtuhnya FTX dan perubahan di Binance.
YouQuanLonjakan Kasus Penghindaran Pajak Crypto Menandakan Tindakan Keras IRS
Unit Investigasi Kriminal Internal Revenue Service dilaporkan bergulat dengan lonjakan kasus penggelapan pajak terkait kripto
AaronRobinhood Mencatat 75% Peningkatan Perdagangan Crypto di Bulan November
Robinhood berbagi dalam pengajuan SEC bahwa perdagangan crypto mengalami peningkatan 75% di bulan November dibandingkan dengan bulan sebelumnya
Aaron
Berita lainnya tentang kelexo news
- 美国白宫发言人：NBC新闻关于拜登家族的报道是“错误的”BullishKasar
- Elon Musk：Grok趣味新闻模式已发布BullishKasar
- OpenAI与新闻集团签署内容合作协议BullishKasar
- 数据可视化网站VeloData收购Zoomer NewsBullish1Kasar
Berita lainnya tentang kelexo news
Kelexo (KLXO) Presale Gains Momentum, Attracts Capital from XRP and Tether Whales
Kelexo (KLXO) presale attracts interest from XRP (XRP) and Tether (USDT) whales. XRP (XRP) sees increasing adoption, while Tether (USDT) remains stable. Kelexo (KLXO) offers streamlined lending solutions, with tokens priced at $0.04 in Stage 2 of its presale, emphasizing transparency and security.
Alex金色图览 | 新春特辑之「洋葱新闻」
金色图览,金色图览 | 新春特辑之「洋葱新闻」 金色财经,新春特辑之「洋葱新闻」
JinseFinanceKelexo (KLXO) Presale Attracts Dogecoin (DOGE) and Bitcoin Cash (BCH) Holders Seeking New Opportunities
Kelexo (KLXO) presale attracts Dogecoin (DOGE) and Bitcoin Cash (BCH) holders seeking new investment opportunities. Innovative P2P lending, anticipated growth, but caution advised due to market volatility.
Xu LinKelexo (KLXO) Shakes Up Crypto Scene Amid Bonk (BONK) and Polygon (MATIC) Turmoil
Kelexo (KLXO) stands out in crypto chaos, redefining decentralized lending with a revolutionary presale. A beacon of progress amid uncertainties, it embodies transparency and inclusivity in digital finance.
EdmundKelexo (KLXO) Launches Stage One Presale, Attracting Investors from Solana (SOL) and Tether (USDT)
Kelexo (KLXO) presale gains traction, attracting Solana (SOL) and Tether (USDT) investors. Priced at $0.022, it's positioned as an innovative DeFi project with analysts predicting potential growth to $9-$10 per coin by October 2024.
Edmund热门空投New Paradigm参与攻略
New Paradigm 是 Manta 公链推出的一个 Manta 生态内的流动性激励活动。
JinseFinancehttps://www.coinlive.com/news-detail/33878
Coinlive Berita Crypto Hari Ini – Membandingkan Kasus Penggunaan Solana dan Stakenomics
Banyak ahli percaya bahwa pengenalan teknologi blockchain dan cryptocurrency adalah lompatan besar dalam evolusi manusia. Untuk beberapa ...
BitcoinistBerita Crypto Hari Ini – Bisakah Immunicorn Menyalip Ethereum?
Premis dasar untuk mendapat untung dalam cryptocurrency adalah membeli dengan harga murah dan menjual dengan harga tinggi. Tidak ada kepastian...
BitcoinistNifty News: Grow-to-earn with Snoop, dan apakah tweet Dorsey berharga atau tidak berharga?
Tweet pertama yang pernah dikirim di Twitter diubah menjadi NFT dan dijual oleh pendiri Jack Dorsey seharga $2,9 juta tetapi menarik sekitar satu persen dari itu dalam lelang saat ini.
Cointelegraph