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Weekly Crypto Wrap: 1st August 2024

Weekly Crypto Wrap: 1st August 2024

U.S. strategic Bitcoin Reserve to be partly funded by revaluing Fed's gold according to draft bill. 41.5% of Mt. Gox Bitcoin distributed, creditors continue to HODL. Ethereum ETF launch boosts US$2.2b inflows.

BTC Markets
BTC Markets
Weekly Crypto Wrap: 25th July 2024

ETH ETFs have been approved by the US SEC, with trading volume hitting US$1.08 billion. BlackRock's Bitcoin ETF inflows surpassed those of the 'Mag 7' stocks, as total US Bitcoin spot ETFs reached a record US$17 billion in net inflows.

BTC Markets
BTC Markets
Weekly Crypto Wrap: 18th July 2024

Crypto market rebounds with Bitcoin hitting US$65,000, defying German and Mt. Gox sell offs. SEC grants preliminary approval for ETH ETFs. BlackRock's AUM hits US$10.6T record. Australian inflation expectations dip to 4.3%.

BTC Markets
BTC Markets
Weekly Crypto Wrap: 11th July 2024

BTC Markets sponsored athlete, Tori West, has qualified for the Paris 2024 Olympic Games. US Fed Chair speech boosts crypto market amid anticipation of rate cuts. Bitcoin dropped due to the German government selling US$900M in BTC. Mt. Gox began repayments, while Bitcoin sell-offs created ETF share discounts.

Rachael Lucas
Rachael Lucas
Weekly Crypto Wrap: 4th July 2024

BTC Markets celebrates 11 years in the crypto with a $5k Bitcoin giveaway and custom artwork by artist, Nate Hill. Bitcoin’s price dips below US$60k as spot ETF flows turn positive. ETH poised for growth against Bitcoin post-ETF approvals.

Rachael Lucas
Rachael Lucas
Weekly Crypto Wrap: 27th June 2024

It’s the last week to win your share of $5,000 in Bitcoin, BTC Markets sponsors Australian heptathlete Tori West. Australian inflation hits 4%. Bitcoin and Ethereum remain resilient. Mt. Gox redemption fears lessen. VanEck files for Ethereum ETF.

Rachael Lucas
Rachael Lucas
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