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🌟New Partnership Update🌟 KIP Protocol 🤝 easeflow We are excited to announce a strategic partnership with easeflow, a progressive Nodes-as-a-Service platform that revolutionizes node ownership and economic participation with 1-click node deployment. Easeflow's AI-powered service ensures secure KIP Nodes setup and operation, accessible to individuals and professional investors. This collaboration enhances KIP's infrastructure and partner services. For more details on this partnership, read here 👇 https://x.com/kipprotocol/status/1812036075864621128?s=46
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Record Inflows into Bitcoin ETF Exceed $310 Million, BlackRock and Fidelity Lead the Way. On July 12, the US spot Bitcoin exchange-traded funds (ETF) market experienced a remarkable inflow, accumulating more than $310 million in a single day. This significant event surpassed all previous records since June 5, demonstrating increased investor confidence in Bitcoin ETF products. The main contributors to this inflow were BlackRock's iShares Bitcoin Trust (IBIT) and Fidelity's Wise Origin Bitcoin Fund (FBTC); They raised $120 million and $115.1 million respectively. This increase in entries into the industry indicates increasing institutional interest and confidence in cryptocurrency investment vehicles. In addition to BlackRock and Fidelity, Bitwise's Bitcoin ETF fund received significant inflows of $28.4 million, indicating diversified interest among major financial institutions. Grayscale Bitcoin Trust also recorded a rare inflow, bringing in $23 million, indicating solid market sentiment. VanEck Bitcoin Trust ETF and Invesco Galaxy Bitcoin ETF were also in this league with inflows of $6 million and $4 million, respectively. This increase marks the increasing involvement of Bitcoin as a financial instrument and indicates that many institutions are consolidating their positions in the market. Since their launch just six months ago, spot Bitcoin ETFs have recorded net inflows totaling $15.8 billion. This figure reveals the resilience shown despite dealing with significant outflows from Grayscale's first Bitcoin products, especially when it transitioned to a spot format after corrections earlier this year. Dynamic changes in these entries indicate that the crypto investment landscape is evolving and traditional and digital finance may become even more intertwined in the future. Additionally, pending regulatory approvals, the potential for the introduction of new spot Ethereum ETF funds could diversify and increase investment opportunities in the ETF space.
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Ambitious Bitcoin (BTC) Statements from the US Senator! US senator Cynthia Lummis, who stands out with her support for Bitcoin and cryptocurrencies, spoke about Bitcoin and digital asset policies. Speaking to Fox Business, Lummis stated that he is focused on Americans' freedom over their money. Believing that integrating BTC into the US financial system could increase the strength of the US dollar, Lummis said: “I firmly oppose the implementation of CBDCs. Because CBDCs are tools for government surveillance of the American people. I also advocate for individuals to be allowed to hold and control their own Bitcoin wallets and for financial sovereignty. “We want to enable people to have individual wallets for their Bitcoin, so the American public can have unrestricted access to their money.” Cynthia Lummis, who also shared on her X account, said, "Bitcoin and digital assets will come." US Senator Cynthia Lummis, who bought her first Bitcoin in 2013, is known as the "Crypto Queen" in the Senate. In an interview at the end of June 2021; Lummis, who bought BTC for the first time in 2013 after hearing the word Bitcoin from his daughter and son-in-law, said that he made his first Bitcoin purchase at $ 330 and owned 5 Bitcoins.
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German Government Emptied Bitcoin Wallets: Arkham. The shocking development in the crypto world is based on information that the German government has consumed almost all of its #Bitcoin assets. This surprising statement was made by popular crypto analytics firm Arkham. According to the report, it was stated that the amount of Bitcoin in German government wallets has decreased significantly. Experts have begun to analyze the reasons behind this move and how governments' strategies regarding digital assets will evolve in the future. This news, which attracts attention especially for Bitcoin investors under the hashtags #ARKMining and #BTC , may lead to different reactions in the markets. Cryptocurrency movements, especially in countries with strong economies such as Germany, can have a decisive impact on the global crypto market. This finding from Arkham continues to arouse curiosity in the crypto world and especially among Bitcoin investors. It remains a matter of great curiosity why the German government made this decision and what its future steps will be.
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Justin Sun Clarifies Bitcoin (BTC) Investment Rumors Amid Speculation in Crypto Community TRON (TRX) founder and Huobi chief advisor Justin Sun publicly responded to the latest allegations regarding #Bitcoin investments. Using his social media channels, he debunked reports claiming that he had taken a long position in Bitcoin at $69,000. This statement corresponded to a tweet from CryptoQuant CEO Ki Young Ju, which suggested that Sun initiated a large Bitcoin position using stUSDT as collateral. In Ki Young Ju's tweet, it was stated that Sun had a Bitcoin long position of approximately $ 67,000, and these positions were supported by at least $ 420 million collateral. Young Ju highlighted the role played by high-yield stablecoin stUSDT in this transaction, raising questions about the legitimacy and source of these assets. This tweet prompted Sun to publicly respond to these speculations. Although Sun has denied Bitcoin investment allegations, he has remained silent on separate reports of significant Ethereum purchases. According to Spot On Chain, Sun may have accumulated 362,751 #ETH , equivalent to approximately $1.11 billion, through various wallets as of February 8. This disclosure highlights Sun's active role in cryptocurrency markets and his broad investment strategies beyond Bitcoin. The story is not limited to #Bitcoin . Sun's allegations of involvement in significant Ethereum purchases point to a diversified investment approach in the crypto space. Detailed blockchain data from reliable sources such as Spot On Chain points to a series of transactions that raised a significant amount of ETH, further cementing Sun's influence and strategic foresight in the crypto market. These actions reveal multifaceted tactics that highlight how high-profile investors are leveraging various digital assets.
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