【Today's WEB3 Lunchtime Information Sharing】🌟
How many bitcoins are left in Mt.Gox? How is the Ethereum ETF performing? What happened on the first day of the Bitcoin Conference? Please see below:
1⃣Mt.Gox compensation in progress
Ten years after the collapse of Mt. Gox, the creditors of that year finally began to receive Bitcoin (BTC) repayments. Since the beginning, the Bitcoin reserves in Mt. Gox have been reduced from 142,000 BTC to 80,000 BTC in a few weeks. The remaining Bitcoin is currently worth about US$5.37 billion. This is also one of the major negative factors for Bitcoin's plunge to 53,000. The continued compensation of the remaining part has a relatively limited impact on the market, which is also good news in disguise.
2⃣Ethereum ETF:
On July 26, 5 of the 9 ETH ETFs recorded positive inflows, of which BlackRock's "ETHA" recorded the highest inflow of US$87.2 million, and 3 were basically flat. Only Grayscale's "ETHE" recorded an outflow of more than $300 million for 4 consecutive days. On the surface, the Ethereum ETF has been in an outflow state as a whole in recent days. In fact, it has a lot to do with Grayscale, because Grayscale's management fees are very high, and investors want to switch to a cheaper institution, so in my opinion it is not bad news, and I continue to be optimistic in the long term.
3⃣Bitcoin2024 Conference:
Following Trump's strong support for cryptocurrency, independent presidential candidate Robert Kennedy promised at the Bitcoin2024 conference that if elected, he would not only recommend transferring the 204,000 bitcoins held by the United States to the Federal Reserve. At the same time, it is planned that the Treasury Department will purchase 550 bitcoins every day until the reserve reaches at least 4 million BTC. More and more political party members are beginning to pay attention. I personally see it as good news. The encrypted Huobi is recognized and more and more compliant, and the market will become healthier and healthier.
Brothers, pay attention! I will share more!
