Trump Near Miss Sends Bitcoin to the Moon 🚀

Trump Near Miss Sends Bitcoin to the Moon 🚀

What’s up, guys 😀

You know it’s about to go down when you see the Coinigy news roundup, don’t you?

Bitcoin just smashed $63k, and you won't believe the supposed reason… 

Maybe you will, but the man literally dodged a bullet and sent Crypto flying

And then there’s the entire nation of Germany who are freshly out of bitcoin. Guess they couldn't HODL after all 😂

Here are the highlights:

  • Bitcoin peaks over $63K after Trump survives assassination attempt
  • CEXs Face Rising Security Threats as Crypto Thefts Near $1.4B
  • Solana Meme Coin Bonk and Ethereum's Pepe See Big Losses
  • Germany runs out of Bitcoin after 23 days of selling

Bitcoin peaks over $63K after Trump survives assassination attempt

Bitcoin price soared above the $60,000 mark over the weekend following a failed assassination attempt against former US president Donald Trump. According to CryptoSlate’s data, the flagship digital asset rose to a multi-week high of $62,980 during the early trading hours of July 15, with experts pointing out that the Trump situation re-awakened the market.

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CEXs Face Rising Security Threats as Crypto Thefts Near $1.4B

The cryptocurrency ecosystem remains riddled with security risks, with the latest mid-year report from cybersecurity firm Cyvers revealing a stunning increase in stolen assets. As of the first half of 2024, the total volume of stolen cryptocurrency was approaching $1.4 billion, indicating a considerable increase as centralized exchanges (CEXs) became prime targets for cyber attacks.

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Solana Meme Coin Bonk and Ethereum's Pepe See Big Losses

Meme coins Bonk, Pepe, and Brett are among the top five worst losers in the top 100 cryptocurrencies in the past day, according to Coingecko data. Solana’s dog coin Bonk (BONK) has taken the greatest hit, falling 12.1% to $0.000023 on the day. This comes amid a Bonk DAO vote to burn 100% of the BONK earned by the Decentralized Autonomous Organization (DAO). At the time of writing, the approval is set to pass with 99.3% of the vote.

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Germany runs out of Bitcoin after 23 days of selling

The German government has completely divested its Bitcoin holdings after 23 days of sales, concluding the process it began in late June, according to Arkham Intelligence data. Arkham said the German government transferred the last batch of 3,846.05 BTC — valued at roughly $223.81 million, to Flow Traders and 139Po, which are likely institutional deposit or over-the-counter (OTC) services.

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Other Highlights Worth Mentioning

Donald Trump to headline 2024 Bitcoin Conference - CryptoSlate

Spain National Fan Token Slides 20% After UEFA Euro 2024 Win - CoinDesk

Binance tax evasion verdict set for October -  Cointelegraph

Bitcoin and Ether lead $17.8B crypto inflows - Tradingview