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TRON Network Maintains Resilient User Base Amid Market Uncertainty “Users have grown since the start of the year and maintained near all-time highs despite market uncertainty and sell pressure across the broader crypto market.” – Link #TRONNetwork. $TRX #Market_Update #marketanalysis #MarketSentimentToday #Altcoins👀🚀
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🌐 Satoshi-Era Bitcoin Address Suddenly Activated Following $BTC Price Crash. A dormant Bitcoin address from the Satoshi-era was activated after 11 years. The address, containing $1.14 million worth of Bitcoin, became active following a significant Bitcoin price drop. The cryptocurrency plunged to its lowest level in five months due to various factors, including the Mt. Gox exchange repaying creditors and governmental Bitcoin sales. Other similar old Bitcoin addresses have also been reactivated recently. #BTC☀ #MtGoxJulyRepayments #MtGox #marketanalysis #TradingAdvice
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Mt.Gox, a now-defunct Crypto Exchange, has confirmed that it has begun distribution of Bitcoin and Bitcoin Cash to its creditors on Friday, according to an official document from the Mt.Gox Rehabilitation Trustee. As noted, repayment is made through specially designated Crypto Exchanges such as Bitbank and SBI. The confirmation came shortly after the official Wallet from Mt. Gox transferred 1,545 BTC, worth about $84 million, to Bitbank's hot wallet, according to data from Arkham. Mt. Gox started a series of Bitcoin transfers yesterday. A portion of their holdings was sent to a Bitbank wallet, in what some believe may have been a test run before a larger payout. Arkham data also revealed the transfer of 47,229 BTC, worth approximately $2.7 billion, from Wallet Mt. Gox to the new destination last night was done. #MtGox #BTC☀ #Market_Update #marketcrash #TradingAdvice $BTC
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In a bold appeal to the German government, Joana Cotar, a prominent lawmaker and Bitcoin supporter, has called for a halt to the country's accelerated Bitcoin sales, and proposed that the digital asset be adopted as a strategic reserve currency. Cotar's application, made on July 4, emphasized Bitcoin's potential to diversify German bond holdings, hedge against inflation and currency devaluation, and encourage technological innovation. Cotar's letter to government officials highlights his concerns about the current approach, and describes further Bitcoin liquidations as unwise and counterproductive. He invited four fellow politicians to a “Bitcoin Strategy for Nation States” conference scheduled for October, which aims to educate and potentially change the country's view towards Bitcoin more positively. $BTC #BTC☀ #marketcrash #Market_Update #MarketSentimentToday
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🐳 🐳 A dormant wallet just woke up after 10.6 years and moved 1,004 $BTC 💰 ($57M) to a new wallet. This wallet received its $BTC in 2013 and 2014 at an average price of only $731. #BTC☀ #Market_Update #CryptoNewss #Bitcoin❗
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