CryptoAddicted

🔥 Glassnode: Huge amounts of bitcoins are being withdrawn from exchanges, which could drive up the price According to the Glassnode chart, users began withdrawing bitcoins from exchanges, refusing to sell at the current price in the $33,000 range and moving them to cold wallets. The diagram was shared by a famous Twitter account - BItcoin Archive. The user reminded his subscribers that, as a rule, withdrawals of cryptocurrencies from exchanges contribute to an increase in prices. Before that, users sent their bitcoins to crypto exchanges for about two months.

Gemini intends to overtake Binance by becoming "the fastest turtle in the race." Gemini cryptocurrency exchange co-founder Cameron Winklevoss announced that his company expects to bypass Binance, the largest cryptocurrency exchange platform in terms of trading volume. In this, he said, regulated businesses will help them, while unregulated proposals will have to fade into the background. “We are playing a long game. We are trying to be the fastest turtle in this race. In a long game, you get results over time, ”Winklevoss said in an interview with Bloomberg. Ever heard of Gemini?

The decentralized exchange of the Shiba Inu token attracted assets for $1.5 billion in a week. The creators of the Shiba Inu (SHIB) token kept their promise and launched their own decentralized exchange Shibaswap last week. For the first day, the volume of assets on the platform exceeded $1 billion and currently stands at $1.54 billion.For comparison, the volume of assets on the leading decentralized exchange Uniswap, taking into account the second and third versions, is $5.65 billion, and on Sushiswap - $2.82 billion

US Congressman invested in Dogecoin, Ethereum and Cardano on the rise of the market Congressman Barry Moore from Alabama has been buying up Dogecoin, Ethereum and Cardano over the past months, writes The Block, citing documents he sent to the House of Representatives Secretariat on July 2. So, on May 5, Moore acquired "Etherium" (note - the spelling from the original documentation is saved), after which he invested in Cardano on May 10, 11 and 13, and on June 13 he bought Dogecoin. The exact amount of purchases is not given, but each of them ranged from $1,000 to $15,000. Thus, in total, he could invest in cryptocurrencies from $5,000 to $75,000.

US Financial Regulator FinCEN Hires First-Ever Chief Digital Currency Advisor The Financial Crimes Agency, or FinCEN, has hired Michelle Korver, a former U.S. Department of Justice employee, as the agency's first chief digital currency advisor. In his role, Korver will be tasked with strengthening FinCEN's "leadership role in the digital currency space by working with internal and external partners to develop strategic and innovative solutions to prevent and mitigate illicit financial practices and exploitation," the agency said. Crypto investors may be familiar with Korver as she previously worked as a digital currency advisor at the Department of Justice. She also advised the Financial Stability Oversight Board of the Ministry of Finance and developed a policy regarding the seizure and confiscation of cryptocurrency

The hackers requested a ransom in bitcoin from the operator of the site Bitcoin.org created by Satoshi Nakamoto. A popular information resource about bitcoin has undergone a major attack aimed at preventing access and subsequent ransom in cryptocurrency. According to the Bitcoin.org operator under the nickname Cobra, the site was under a "completely massive DDoS attack." The attackers promised not to stop their actions until they receive the ransom in bitcoin. The Bitcoin.org domain was registered on August 18, 2008, even before the launch of the Bitcoin network, allegedly by the creator of the cryptocurrency Satoshi Nakamoto.

Elon Musk tweeted a fake call from Buffett to "invest in cryptocurrency" Today, July 6, Tesla CEO Elon Musk tweeted with a fake picture that read: "Find as many coins as possible, quickly!" The photo showed Buffett and it was written that this is his "best financial advice." Buffett is skeptical of cryptocurrencies and does not invest in them, much less bitcoin. The billionaire investor has made many harsh remarks about Bitcoin over the years. He said long ago that "Bitcoin is rat poison." And in the latest statement, Buffett's partner Munger said "Bitcoin is disgusting." Buffett also doesn't own cryptocurrency, as in a 2020 interview with CNBC, he said, “I don't have bitcoins. I don't have cryptocurrency and never will." The post was later deleted.

Hideki Murai: “we will shape the digital yen by the end of 2022”. A politician who leads the digital currencies study group in Japan's ruling party said that by the end of next year, lawmakers will shape how the digital yen works. “If the Bank of Japan issues a government-owned cryptocurrency, it will have a huge impact on Japan's financial institutions and settlement system,” Murai said. "The digital yen could completely transform the changes taking place in the Japanese financial industry."

USA is the most crypto-ready country The Crypto Head cryptocurrency platform rated the United States as the country most prepared for the massive introduction of digital assets. The United States received a combined score of 7.13. Cyprus and Singapore are next in the ranking with indicators of 6.47 and 6.3, respectively. Rounding out the top five are Hong Kong and Great Britain. The United States is far ahead of all in terms of the number of cryptocurrency ATMs with 17,436 units of installed devices. Canada is next in the ranking with 1464 bitcoin-ATM. The United States also had the highest number of residents per crypto ATM - 19,023 people. Canada has a corresponding number of 26,265 inhabitants. According to MiQ Digital, about 6% of people in the United States own digital assets, and in some states, user interest in cryptocurrencies grew by more than 600% in 2021.

🔥 San Marino will start issuing NFT vaccination passports Non-fungible tokens (NFT), proof of vaccination, will be created on the VeChain blockchain. The authorities of the Republic of San Marino have adopted a "decree-law" that will allow residents to issue digital passports for vaccination against coronavirus. Passports will be generated as NFTs on the public VeChain blockchain and linked to the owner's medical history. The technical partner of San Marino is the blockchain company DNV. The digital vaccination passports will contain two QR codes for data verification. The first QR-code complies with the requirements of the European Union and can be checked by organizations operating on its territory, the second one can be checked by anyone, anywhere. Scanning the QR code provides access to a web application where you can check the validity of the certificate by binding it to the NFT token.

🔥 In Germany, a law came into force, potentially opening up an opportunity for investing up to $415 billion in the cryptocurrency market Germany's fund placement law, introduced in April and approved by parliament shortly thereafter, allows Spezialfonds or special funds to invest up to 20% of their portfolios in cryptocurrency. If each Spezialfond decides to allocate the full 20% of the cryptocurrency, this would amount to 350 billion euros ($415 billion), based on the total assets under management of such funds in Germany. The Spezialfond is the dominant institutional investment vehicle in Germany. Typically, such funds manage assets of at least ten million euros, and the number of investors is limited. The total number of funds for which investments in cryptocurrencies are now open is estimated at four thousand. It is expected that the example of Germany, as one of the largest economies in the eurozone, may be followed by other states.