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The man who can bring the bull season: Donald Trump! Bitcoin rose on the heels of news that former US president Donald Trump was attacked at a rally in Pennsylvania. According to CoinGecko data, Bitcoin moved from $ 58,337 and rose to $ 59,796 in less than an hour. With this development, Bitcoin reached its peak in the last week, but as of the time the news was written, it fell to $ 59,524. The increase in memecoins inspired by Trump rather than Bitcoin attracted attention. TREMP recorded the biggest increase, with a 71 percent increase in the last 24 hours. While TRUMP increased by 39 percent, MAGA showed a performance of 33 percent. rose. While Trump was speaking at a campaign rally, loud noises that reportedly resembled gunshots or explosions were heard and the former president was injured in the ear. He knelt down and was immediately surrounded by Secret Service agents, then stood up, his face covered in blood. The Secret Service said Trump was safe. CNN reported that law enforcement is treating the incident as an assassination attempt, and sources within the Secret Service say the shooter was killed by the agency. Trump has openly supported crypto in recent months, distinguishing him from his opponent in the upcoming election, current president Joe Biden. Having survived an apparent assassination attempt, some crypto investors and bettors think this will benefit his campaign in the coming months. Users on leading crypto prediction platform Polymarket increased Trump's chances of winning the election from 60 percent before the attack to as high as 71 percent immediately after the attack. Although users give Biden a 15 percent chance, it is currently at 67 percent. Polymarket said Trump's rates hit an all-time high on Saturday. Bitcoin rose on the heels of news that former US president Donald Trump was attacked at a rally in Pennsylvania. According to CoinGecko data, Bitcoin moved from $ 58,337 and rose to $ 59,796 in less than an hour.

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Donations to German Government's Bitcoin Wallet Increased by 9000%. In mid-June, the German government largely sold its Bitcoin assets, increasing the supply to the market and increasing the selling pressure. In this move, completed last night, the government transferred all its $BTC to various exchanges and market makers. Following this massive outburst, the German government wallet unexpectedly started receiving small Bitcoin donations. According to Arkham's data, it received a donation of 0.0000321 BTC from an anonymous sender just two hours after the big sale. This marked the beginning of small contributions. In an unexpected development, various Bitcoin enthusiasts donated a total of approximately $230 to the German government's wallet. This gesture increased the wallet balance, which was almost empty following the sale, to 0.004 BTC. Arkham's data showed that these generous donations increased the German government's $BTC holdings by 9000% in less than a day. This series of transactions not only highlights the volatility and unpredictability of the cryptocurrency market, but also reveals the decentralized nature of Bitcoin. The ability of individuals to make instant contributions on a global scale reveals the disruptive potential of blockchain technology. The German government's recent actions in the #Bitcoin market reveal both the difficulties and the unique dynamics of cryptocurrency trading. While the large-scale sell-off initially appeared to destabilize the market, the wave of donations that followed highlighted the crypto community's involvement and the fluidity of digital asset ownership. As governments and regulators navigate the evolving world of digital currencies, such events offer valuable insight into market behavior and the decentralized philosophy of the crypto world.

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Ethereum Staking Surges to 47 Million ETH During PoS Transition, Triples Supply in Two Years. A comprehensive analysis by market intelligence firm Santiment revealed that more than 33% of the total supply of #Ethereum (ETH) is currently staked. This equates to more than 47 million Ether, worth approximately $147 billion at reporting time. This tremendous growth is three times the figures recorded just two years ago. The mechanism behind this increase is based on the Ethereum 2.0 Beacon Deposit Contract, which reached an all-time high of 47.36 million ETH. This amount corresponds to 33.9% of the total supply, a significant jump from 10.9% two years ago. In essence, staking is when an investor locks up their crypto assets to support the operations of the blockchain and earn rewards in return. Ethereum's strategic transition from proof-of-work (PoW) to proof-of-stake (PoS) mechanism in September 2022 was an important turning point. This transition allowed users to stake their $ETH ETH to verify transactions and earn rewards this way. Additionally, this change made the Ethereum network faster, cheaper and more environmentally friendly, reducing daily ETH issuance from 13,000 to 1,600. Currently, #Ethereum is trading at $3,143, with a slight increase over the last 24 hours. As more investors turn to staking, it reduces the available supply in the market, creating deflationary pressure on Ether and could lead to potential price increases in the long run. Financial analysts are closely monitoring these trends, which provide valuable insights into Ethereum's market dynamics. The rapid growth of Ethereum staking, fueled by the shift to proof-of-stake, represents a significant leap forward for the blockchain world. Considering that more than a third of its total supply is staked, its implications for market dynamics and technological advances are profound and offer a promising glimpse into the future of decentralized finance and blockchain innovation.

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Bitcoin Whales Collect 71,000 BTC in a Week Amid German Selling Wave, Eyeing Price to Rise to $60,000. Last week, there was a dynamic change in the Bitcoin market as whales, known as big investors, increased their BTC holdings. Bitcoin's price fluctuated between a high of $59,270 and a low of $54,430. Seeing this price volatility as an opportunity, whales accumulated 71,000 BTC and targeted a potential price revival. According to data from crypto analysis platform IntoTheBlock (ITB), the recent whale accumulation coincided with Germany's large-scale Bitcoin sell-off. The German government completed the sale of 50,000 BTC that it confiscated at the beginning of the year. This massive liquidation put downward pressure on the market and whales strategically bought at discounted prices. Despite Germany's market sell-off, data revealed that the total volume of whale transactions on the BTC network was $41.32 billion. Although 24-hour trading volume was down 8%, weekly volume was trending upward. Remarkably, the whales prevented the price from falling below the $53,000 support level, making a significant contribution to market stability. Recent market activities have moved BTC into a consolidated phase. Currently trading at $58,665.10, Bitcoin has made modest gains of 0.77% in the last 24 hours and 1.42% in the last seven days. Many Bitcoin proponents see the continued whale purchases as evidence of the cryptocurrency's strong long-term potential. Prominent figures in the crypto space, Samson Mow and Joana Cotar, have highlighted the possibility of conducting strategic dialogues with Germany on potential Bitcoin buybacks. Alongside these talks, increased activity in spot #Bitcoin ETF products is expected to absorb the excess BTC newly released into the market. The concerted efforts of Bitcoin whales to accumulate BTC during market declines could be a key factor triggering future price recoveries. As the cryptocurrency market struggles with such turbulent times, strategic moves by whales offer hope for a potential revival that could reach $60,000 and above.

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After the assassination attempt on Donald Trump, who is known for his closeness to cryptocurrencies, #Bitcoin rose to $ 60,000.

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