Funds are being created in the European Union that offer clients the opportunity to obtain Portuguese citizenship (and thus EU citizenship) for Bitcoin investments of at least €500,000 under the Golden Visa program.
Typically, direct participation in this program requires a similar investment of €500,000 in fiat currencies.
👀 The organizer of the Bitcoin 2024 conference in Nashville (USA), David Bailey, announced that he is in talks with Kamala Harris's campaign team about her potential appearance at the event.
A decision is reportedly expected today, as Bitcoin 2024 starts tomorrow. It is known that Donald Trump will be speaking at the conference.
🔼 Meanwhile, the KAMA token has risen another 55% in the past 24 hours, once again reaching a new all-time high.
Swiss company Proton, founded in 2014 by scientists from CERN, is set to launch a Bitcoin wallet. Proton's key product is the encrypted email service ProtonMail, which has 100 million accounts.
💸 The company also offers the VPN service ProtonVPN, both of which allow for paid subscriptions to be settled with Bitcoin.
✉️ The Proton Wallet will be open-source, and ProtonMail users will be able to send cryptocurrency to each other directly from the email interface.
Reportedly, this will be a non-custodial wallet, with the keys being stored by the users themselves.
💵 The first day of trading for spot Ethereum ETFs in the U.S. ended with a total volume of $1.08 billion. As noted by Bloomberg analyst Eric Balchunas, this is 23 percent of the corresponding result for the debut day of Bitcoin ETFs on January 11, 2024.
✔️ The leader in this category among the new exchange-traded funds was BlackRock's ETHA product. It is worth noting that Grayscale's instrument had already existed previously in the form of a trust.
According to data from The Block, JPMorgan analysts believe that any market recovery in the near future is unlikely to mark the beginning of a prolonged upward trend.
✔️Analysts noted that a cryptocurrency market recovery is expected starting in August.
They also expressed the opinion that Bitcoin and gold would benefit from a potential second term for Donald Trump.
The Brooklyn District Court has sentenced Anatoly Legkodymov, co-founder of the Russian cryptocurrency exchange Bitzlato, to 18 months in prison. He had previously pleaded guilty to money laundering.
☄️ The platform processed more than $700 million in illicit funds and was the largest counterparty of the darknet marketplace Hydra.
❌ According to the court's ruling, Legkodymov has already served 18 months in the Brooklyn Metropolitan Detention Center. The judge deemed this punishment sufficient for the crimes committed by the man.
In June, the total trading volume on centralized exchanges (CEX) fell by 21.8% to $4.2 trillion. This marks the third consecutive month of decline after a peak of $9 trillion in March.
Key Points:
🔵Trading activity on CEX continues to decrease.
🔵Over-the-counter (OTC) trading volume grew by 95% over the same period.
According to CoinDesk, dozens of new meme coins dedicated to the Windows and CrowdStrike crash have already been released.
The market capitalization of these meme coins reaches millions of dollars in just minutes 🔼
For those unaware, millions of Windows users worldwide are facing the "Blue Screen of Death" (BSOD) error, which causes sudden shutdowns or reboots due to a CrowdStrike update.
⚠️ The Greek government will introduce taxes on cryptocurrencies in 2025, with profits from cryptocurrency trading likely to be taxed at 15%.
Local officials state that the country's budget is losing a lot of money, and crypto investors are "mostly unemployed individuals or taxpayers with no income but significant assets in real estate."