What happened last night... July 22nd cryptocurrency morning news

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Graphics = Reporter Park Hye-soo
Graphics = Reporter Park Hye-soo
1. Will Musk attend Bitcoin Conference 2024?
Tesla CEO Elon Musk's move to attend the Bitcoin Conference 2024, where former President Trump will be a speaker, is becoming a hot topic both inside and outside the market. Fox Business reporter Eleanor Tarrett reported on the 22nd through her It was pointed out that he was posting .

2. Biden resigns from 24-year U.S. presidential candidacy
President Joe Biden announced his resignation from candidacy in the US presidential election in November. On the 21st, President Biden announced on his official X account that he was withdrawing from running for president as a Democratic candidate. Many American media outlets predicted that Vice President Harris would run as the Democratic candidate for the November U.S. presidential election.

3. Ripple holds a private meeting with the SEC on the 25th... Ripple CEO: “Agreement, soon”
While Ripple and the U.S. Securities and Exchange Commission (SEC) are holding a closed-door meeting on the 25th (local time), Ripple CEO Brad Garlinghouse said that an agreement between Ripple and the SEC will occur soon. CEO Garlinghouse, who was interviewed by Bloomberg on the 21st, said, "The company's prolonged lawsuit will be resolved soon."

4. U.S. Bitcoin spot ETF attracts more than 23.63 trillion won since launch
The cumulative net inflow of Bitcoin (BTC) spot exchange-traded funds (ETFs) in the United States exceeded $17 billion (about 23.63 trillion won). According to data released by financial data platform Farsider Investor on the 21st, Blackrock's 'IBIT' and Fidelity's 'FBTC' recorded a net inflow of about $30 billion, while Grayscale's 'GBTC' recorded a net inflow of about $18.6 billion. A net outflow occurred.

5. The British government recorded a loss of 172.4 billion won due to early Bitcoin sales.
It was revealed that the German government, which sold Bitcoin a month ago due to the recent rapid rise in Bitcoin, is currently suffering a loss of approximately $124 million (approximately KRW 172.4 billion). Arkham Intelligence, an on-chain analysis platform, reported in a report published on the 21st that after the German government sold Bitcoin, Bitcoin soared by about 16% and that the German government was suffering large losses.

Reporter Seungwon Kwon ksw@

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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