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Bitcoin Bulls Eye $70K Amid Donald Trump's Rising Chances of Returning as President
Traders and funds are becoming increasingly bullish on BTC as the German government completes its sales of their large holdings while Mt Gox distributes funds to creditors, one market observer said.
After Court Order, Craig Wright Updates Website With Admission He Is Not Bitcoin Creator Satoshi
A U.K. court ruled earlier this year that Wright was not the inventor of bitcoin and had lied “extensively and repeatedly” and forged documents in his attempt to convince the world otherwise.
Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit
European bitcoin mining firm Northern Data is pushing back against a whistleblower suit filed by two former executives of the company who say they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion.
Detained Binance Exec Tigran Gambaryan Wheeled into Nigerian Court as Health Deteriorates
Detained American Binance executive Tigran Gambaryan had to be pushed into an Abuja, Nigeria courtroom today in a wheelchair, after a herniated disc in his back left him in severe pain and “hardly able to walk,” according to a Monday report from his family.
Bitcoin ETF Traders Bought the Dip and Now Are Buying the Rebound as Inflows Topped $300M Monday
Lifetime net inflows into the U.S.-based spot bitcoin exchange-traded funds topped $16 billion on Monday as investors of late have shown themselves to be buyers in both up and down markets.
Cameron and Tyler Winklevoss Each Contributed $250,000 to New Trump-Aligned Super PAC
An elite group of venture capitalists, business moguls and tech executives including Gemini co-founders Tyler and Cameron Winklevoss have contributed a combined $8.75 million to a new super political action committee (PAC) backing Donald Trump’s presidential campaign.
Trump Campaign's Crypto Donations Amounted to $3M of $331M Raised Last Quarter: WSJ
Former U.S. President Donald Trump's campaign raised $3 million in crypto last quarter, much of it in bitcoin {{BTC}} and ether {{ETH}}, according to the Wall Street Journal. Newly released campaign finance data indicates the Republican nominee's recent embrace of crypto helped woo big contributions from some of the industry's major players, including the Winklevoss twins (whose Gemini exchange helps process donations) and Kraken co-founder Jesse Powell. Around 100 people donated crypto to his campaign between May and the end of June, per the Journal, highlighting a niche appeal. Far more people contributed to his campaign in more traditional forms, via credit cards and the like. The Trump campaign raised $331 in the second quarter. While relatively small in size the crypto donations have had outsize media impact in bolstering Trump's crypto credentials. He's positioned himself as friendly to the industry and eager to make U.S. regulations more welcoming. That's helped turn some vocal supporters onto his campaign.
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