Robert Francis Kennedy Jr., the 35th US president’s nephew and a current election race contestant, reportedly owning a range of BTC from $100,001 to $250,000, had its financial report revealed by CNBC in late June.
Data from Arkham Intelligence has shown that a bankruptcy company, Celsius Network, made a settlement with creditors by transferring approximately $74 million worth of altcoins to be exchanged for Bitcoin and Ethereum.
Despite BTC’s rally to yearly highs, the stablecoin sector has not seen its full benefit, according to Fitch.
Larry Fink, the head of the powerful financial company BlackRock, stated that buying Bitcoin is an effective method of guarding against inflation, instead of investing in precious metals.
Nasdaq and Coinbase have reached a preliminary agreement to list Coinbase as a joint market watch partner on the updated Form 19b-4 for BlackRock’s Spot Bitcoin ETF.
Over the past two weeks, approximately 33,860 Bitcoins have been sent by miners to crypto exchanges, totaling more than $1 billion.
Over the past week, the ProShares Bitcoin Strategy (BITO) fund has seen cumulative inflows of $65.3 million – its highest value since the beginning of the year.
