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BitFuFu, a cloud mining firm affiliated with Bitmain, has released its unaudited financial results for the second quarter of 2024, ending June 30.
It appears that Mt. Gox has moved approximately $75.36 million worth of Bitcoin to a Bitstamp wallet, potentially signaling an upcoming payout to creditors.
Bitcoin has made impressive strides recently, including the approval of a spot BTC ETF and a new all-time high earlier this year.
It’s being reported that Tron (TRX) founder Justin Sun is likely exchanging BTC for WBTC.
A growing number of top hedge funds are investing in Bitcoin ETFs, with 60% of the largest 25 firms now holding these assets, signaling a broader acceptance of cryptocurrencies by institutional investors.
BlackRock has rapidly expanded its Bitcoin holdings, now owning close to 350,000 BTC, making it the third-largest holder globally, behind only Satoshi Nakamoto and Binance, according to blockchain data.
The trading activity for spot Bitcoin ETFs in the U.S. has notably declined, reaching its lowest levels since early February.