BlackRock Transfers $203M in BTC, Russia Cuts Interest Rate, EU Sanctions Expand

iconAiCoin
Share
This is the logo of the coin.
BTC
$65,146.400.11%
This is the logo of the coin.
XRP
$1.04-0.14%
This is the logo of the coin.
NVDA
----
This is the logo of the coin.
META
----
AI summary iconSummary
BlackRock transferred 3,126 BTC ($203 million) from IBIT to Coinbase Prime. Russia’s Central Bank lowered interest rates to 14.00%, below forecasts. The EU added 14 crypto platforms to its sanctions list. U.S. manufacturing PMI came in at 53.8, missing estimates, while services PMI at 53.6 exceeded expectations. Galaxy’s Nic Carter warned that the U.S. may use quantum technology to break Bitcoin. Alex Thorn reduced the probability of the CLARITY Act passing to 30%. Goldman Sachs CEO David Solomon supported the bill. Open interest in BTC increased amid these developments. Israeli Prime Minister Netanyahu will meet Trump next week.

1. BlackRock transferred 3,126 BTC from IBIT to Coinbase Prime, valued at approximately $203 million. 2. Galaxy Digital founder Nic Carter claimed the U.S. government will use quantum technology to crack Bitcoin. 3. The U.S. July manufacturing PMI preliminary reading came in at 53.8, below expectations, while the services PMI preliminary reading was 53.6, above expectations. 4. The Central Bank of Russia lowered its key rate to 14.00%, below the market expectation of 14.25%. 5. The EU adopted its 21st round of sanctions against Russia, adding 14 crypto asset service providers to the restricted list. 6. Galaxy research head Alex Thorn: Reduced the probability of the CLARITY Act passing by 2026 to 30%. 7. Goldman Sachs CEO David Solomon publicly supported the Clarity Act, diverging from Wall Street sentiment. 8. Israeli Prime Minister Netanyahu will meet with U.S. President Trump next Tuesday. These are the top highlights from the past 24 hours. Click to read the full article: https://www.aicoin.com/article/545905

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.