Crypto Rollercoaster: Liquidations, Stock Market Slump, and Ethereum on the Rise

$100 million liquidated from the cryptocurrency market in the past 60 minutes.

Over $1.1 trillion was wiped out from the US stock market today.

 Spot Ethereum ETF trading volume surpasses $1 billion for the second day in a row.

 🇺🇸 Kamala Harris will not be attending or speaking at the 2024 Bitcoin conference.

🇪🇺 Ferrari to accept Bitcoin & Ethereum payments in Europe.

 🇨🇭The Swiss creator of ProtonMail launches a self-custody #Bitcoin wallet 

NEW: 🇺🇸 Senator Cynthia Lummis plans to announce legislation for Strategic #Bitcoin Reserve at Bitcoin 2024 Conference In Nashville — Fox Business 

Ethereum is preparing for new heights!

📈 Despite the weak start of spot Ethereum-ETFs, ether does not give up! Staking and limited supply of coins create fertile ground for growth.

💰 We can expect Ethereum quotes to approach the $5,000 mark, but volatility may play a role.

📉 Grayscale's ETF darkened the picture a little, but that didn't stop investors. They still believe in the potential of this altcoin.

🤓The withdrawal of assets from Grayscale caused some fluctuations, but the overall trend remains positive. Ethereum market capitalization is $415.5 billion.

🟰Total trading volumes exceeded $21 billion, and regular holders have already accumulated more than 714 thousand coins. Ether is ready for a new stage of its journey

 🇷🇺 Russia's parliament just passed a bill allowing companies to use cryptocurrency and Bitcoin payments for international trade - RIA Novosti

💰 Kamala Harris decided NOT to speak at #Bitcoin 2024 Conference in Nashville

🥇 Bitcoin ETF Inflow : 2024-07-24 

#IBIT : $66.0M 📈

#FBTC : $1.4M

#BITB : $0.0K

#ARKB : $3.3M

#BTCO : $0.0K

#EZBC : $0.0K

#BRRR : $0.0K

#HODL : $0.0K

#BTCW : $0.0K

#GBTC : -$26.2M

📊 Net Inflow : $44.5M 📈

⚡ 7-day Avg : $198.9M

Kraken finishes Mt. Gox Bitcoin distribution, but creditors aren’t selling $BTC. 

Despite over $9.4B owed, no significant sell-off has been observed. Analyst RunnerXBT notes only "paper hands" may sell, leading to short-term volatility. 

Most creditors are holding strong. 💪

#cryptonews