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🇩🇪 German receives small CoinJoin deposits amid ‘negligible’ $326 million Bitcoin sales The German government’s Bitcoin wallet received a small amount of Sats from a CoinJoin address amidst its significant selling activity. On-chain data from the crypto analytical platform Arkham Intelligence revealed that the German government wallets received less than $10 in three transactions from CoinJoin addresses today. Source 📌 Best Crypto News

🪙 VanEck, BlackRock and others file amended registration statements for spot Ethereum ETFs as deadline closes in Monday is the deadline for filing amended registration statements for spot Ethereum exchange-traded funds and some firms have begun turning those in. VanEck filed its amended S-1 registration statement earlier on Monday, which included minimal changes, such as details around custody. Others are expected to be filed throughout the day as firms vying for a spot Ethereum ETF gear up to launch those products. Source 📌 Best Crypto News

🇩🇪 German government continues to transfer thousands of bitcoins to exchanges and market makers The German government transferred 133.722 bitcoins to market maker Cumberland DRW today before sending 150 coins to crypto exchange Kraken and 1,000 coins to the B2C2 Group, according to blockchain analytics platform Arkham. It also transferred 300 bitcoins to Coinbase and 300 bitcoins to Bitstamp, as well as 1,000 bitcoins to market maker Flow Traders. Source 📌 Best Crypto News

💰 Jack Dorsey Envisions Bitcoin Replacing US Dollar — Foresees BTC Reaching $1 Million Billionaire Jack Dorsey foresees a future where bitcoin could supplant the U.S. dollar as the dominant global currency. He envisions a scenario where bitcoin’s value could soar to $1 million by 2030. Highlighting the cryptocurrency’s decentralized nature, Dorsey underscores its potential to democratize financial systems and reduce reliance on traditional banking institutions. Source 📌 Best Crypto News

📊 Web3 Users Surge by 40%, Reaching Historic High in Q2 In the second quarter of 2024, Web3 user engagement hit an all-time high, with approximately 10 million daily unique active wallets (dUAW), marking a 40% increase from Q1. According to a July 4 report by blockchain analytics platform DappRadar, the unprecedented growth spanned various sectors of the decentralized application (DApp) industry, leading to an overall bullish trend. Source 📌 Best Crypto News

🆘 Fake X accounts lead to record-setting crypto phishing attacks of $341 million Crypto phishing exploits in the first half of this year reached $341 million, surpassing the $295 million scammers siphoned from victims in 2023, according to blockchain security firm Scam Sniffer. Security expert and SlowMist founder Yu Xian said the phishing incidents of the first half of the year showed that the profit margin of these malicious attacks was profitable. Source 📌 Best Crypto News

🏦 Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. A Lagos-based crypto industry player stated that implementing the tax will likely harm the industry. Source 📌 Best Crypto News

💰 Bitcoin transfer volume from short-term holders bottoms out post-2024 halving Bitcoin’s transfer volume from short-term holders in loss to exchanges exhibits notable fluctuations. Glassnode data shows a significant decline in these transfers from January to July. In early 2024, volumes peaked around 90,000 BTC, aligning with market volatility, before stabilizing below 30,000 BTC post-halving in April. Historical data indicates heightened transfer activity during major price downturns. Source 📌 Best Crypto News

💰 Trump could be considering Bitcoin as a reserve asset to join the ‘SoftWar’ road to $1 million Jason Lowery, the author of “SoftWar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin,” revealed at the start of June that members of Donald Trump’s campaign administration have contacted him regarding his expertise on Bitcoin. In his communications, Lowery stressed the importance of Bitcoin for national security and its strategic significance for the US military, particularly in defending and securing cyberspace. Source 📌 Best Crypto News

📊 Crypto VC investment ‘continued rebound’ in Q2 with $3.2 billion invested – Galaxy Venture capital investments in crypto continued to rebound in the second quarter, with a total $3.2 billion invested during the period — up 28% compared to $2.5 billion in the previous quarter, according to Galaxy Digital latest research report. Galaxy noted the second quarter’s median pre-money valuation is the highest since the fourth quarter of 2021 and represents an almost all-time high. It attributed the surge to a more competitive market, giving companies greater negotiation leverage in deals. Source 📌 Best Crypto News