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CryptoMinute ⏳

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Jul 14 Recap - US Government Moves $288M in Seized Crypto to Coinbase - Bolivia Considers Integrating USDT into National Payment System - Strategy Increases Cash Reserves, Pauses Bitcoin Purchases - US Spot Bitcoin ETFs See Inflows After Extended Outflow Period

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US Consumer Price Index (CPI) data for June came in significantly lower than expected, signaling a sharper-than-anticipated inflation slowdown. This news triggered a market rebound, lifting Bitcoin, gold, and stocks. https://t.co/jZNtFU0r5H

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A dormant Bitcoin address holding $188 million worth of BTC has become active after seven years. The transfer of 2,931 BTC to a new wallet occurred recently, contributing to increased whale activity. https://t.co/00aBLPpmN3

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Jul 13 Recap - Bitcoin whale moves $188M after 7 years of dormancy - SpaceX and Starlink X accounts hacked to promote SCATMAN memecoin - Japan's Lawson trials stablecoin payments, Netstars launches merchant service

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Coinbase is involved in separate legal matters in Brazil and Singapore. A São Paulo court ruled against Coinbase in a $100K self-custody hack case, while Singapore Police collaborated with exchanges, including Coinbase, to prevent scam losses. https://t.co/I1EjX3eUKO

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The LAB token has experienced a catastrophic price crash, losing approximately 97% of its value. Investigator ZachXBT linked the massive token sales to wallets allegedly funded by the project's team, leading to a collapse in market capitalization. https://t.co/lIOwSI2Qiv

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Ripple CEO Brad Garlinghouse revealed the SEC lawsuit cost the company $150 million and that shutting down the company was a serious consideration. The legal battle's pressure was immense, impacting the company's operations and future plans.

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Bitcoin exchange-traded funds (ETFs) have experienced a positive turnaround, recording nearly $200 million in inflows and breaking an eight-week streak of outflows. This marks a significant shift, with some reports noting Ethereum ETFs also achieving positive multi-month records. https://t.co/rh7b44OgTI