Brazilian Judge Drops Criminal Charges Against Late Bitcoin Ponzi Scheme MTI Mastermind Johann Steynberg
A federal judge in Brazil has ordered the criminal charges against the late CEO of Mirror Trading International (MTI), Johann Steynberg, for his involvement in a Bitcoin Ponzi scheme to be dropped after police investigations confirmed his death. Steynberg's death certificate has been added to the case file. Following the disclosure of this news, some victims immediately made defamatory remarks about these claims. Some believe that Steynberg may have faked his death. At the time of his death, Steynberg's death certificate showed that he suffered from acute respiratory failure. (Bitcoin.com) In May, the South African National Prosecuting Authority (NPA) was investigating the accomplices of the Bitcoin Ponzi scheme, Mirror Trading International (MTI), which was orchestrated by the late Johann Steynberg. NPA media relations manager Isaac Dludlu said the prosecution is considering several charges against those involved, including fraud and forgery.
Turingbitchain (TBC) releases smart contract development platform based on native Bitcoin UTXO model
On August 17th, Turingbitchain (TBC), a Bitcoin smart contract layer, released the Turingcontract.com smart contract development platform based on the native Bitcoin UTXO model.
IntoTheBlock: US government-related wallets still hold nearly $12 billion in Bitcoin
IntoTheBlock stated in an article on X that the US government recently seized $600 million worth of Bitcoin from the dark web Silk Road and transferred it to Coinbase Prime. Although depositing to an exchange usually means selling, this transfer may be for custody purposes. Wallets associated with the US government still hold nearly $1.2 billion worth of Bitcoin.
The total Bitcoin contract holdings on the entire network reached US$28.57 billion, an increase of 1.23% in the past 24 hours
According to Coinglass data, the total Bitcoin futures open interest on the entire network has reached 28.57 billion US dollars, an increase of 1.23% in the past 24 hours.<br>In addition, the total Ethereum futures open interest on the entire network has reached 10.668 billion US dollars, an increase of 2.54% in the past 24 hours.
BTC market value returns to above $1.2 trillion
According to CoinGecko data, the market value of BTC has returned to above $1.2 trillion, currently reaching $1,208,122,016,551, with a trading volume of $13,297,536,371 in the past 24 hours.
873 BTC transferred from Antpool to wallet
According to Whale Alert monitoring, 873 BTC (worth $53,228,550) was transferred from Antpool to an unknown wallet.
The total open interest of BTC options is $21.375 billion, and the open interest of ETH options is $6.122 billion.
Coinglass data shows that the nominal value of open BTC option positions on the entire network is 21.375 billion US dollars (compared to 23.136 billion US dollars the previous day), and the nominal value of open ETH option positions is 6.122 billion US dollars (compared to 6.741 billion US dollars the previous day).
Bitcoin MVRV Z-Score indicator shows that it is at an undervalued level, which may indicate a potential buying opportunity
Glassnode data shows that Bitcoin's MVRV Z-Score indicates that it is closer to being undervalued, reflecting potential buying opportunities. In the past year, this indicator has fluctuated greatly, reflecting the price trend of Bitcoin volatility.
A few hours ago, an address holding 190 BTC was activated after 11.4 years of dormancy, with a floating profit of more than 11.47 million US dollars
According to Whale Alert monitoring, at 3:23:08 am Beijing time today, a certain Bitcoin address was activated after being dormant for 11.4 years, holding 190 BTC (worth $11,490,704), which was only worth $12,125 in 2013.
$198 million in liquidation across the entire network in the past 24 hours
According to Coinglass data, the total liquidation across the entire network in the past 24 hours was $198 million, with long positions liquidated at $161 million and short positions liquidated at $36.83 million. Among them, Bitcoin liquidated at $57.1 million and Ethereum liquidated at $46.25 million.
MicroStrategy is looking to sell its Class A shares to raise $2 billion to buy more Bitcoin
MicroStrategy is seeking to sell its Class A shares to raise up to $2 billion to purchase more Bitcoin and for general corporate purposes.In regulatory filings filed with the U.S. SEC, MicroStrategy did not disclose a timetable for stock sales or how much proceeds would be used to purchase Bitcoin.Earlier in June this year, MicroStrategy announced the issuance of $500 million unsecured senior convertible notes to purchase more Bitcoin, and one day later raised the issue price to $700 million.
2,200 letters of support for ‘Bitcoin Strategic Reserve’ bill sent to US senators
Senator Cynthia Lummis introduced the bill on July 31, which would direct the US government to start a reserve Bitcoin fund.
More than 16,000 BTC flowed out of Kraken in the past 7 days
In the past week, 16,494.83 bitcoins have flowed out of Kraken exchange wallets, 5,446.76 bitcoins have flowed out of Bitfinex wallets in the past 7 days, and 1,006.07 bitcoins have flowed into related wallets of Binance exchange in the past 7 days.
QCP Capital: The US government's transfer of BTC, Mt. Gox and Genesis repayments have brought panic selling pressure to the market
QCP Capital posted on its official Telegram channel that the market violently reversed the bullish trend brought by Trump's support for the cryptocurrency market this week. The BTC price fell from the high point of 70,000 after the speech to nearly 60,000 this morning. The reasons for the decline include selling pressure from the US government (about 28,000 BTC), Mt.Gox (33,960 BTC), and Genesis (BTC and ETH worth $1.5 billion); the increase in Bitcoin mining difficulty to a historical high, and people's expectations of a recession. According to options market data, it is expected that price fluctuations will stabilize in the summer.
Santiment: This drop is comparable to the drop in early July, but the same dip buying enthusiasm has not yet been seen
According to the cryptocurrency research firm Santiment, this decline is roughly equivalent to the one in early July, but there hasn't been the same buying enthusiasm at the bottom yet. It is expected that $60,000 BTC or $2,900 ETH will become key psychological levels.
Data: The total open interest of BTC options is $21.03 billion, and the open interest of ETH options is $6.01 billion
According to Coinglass data, the nominal value of open positions for BTC options on the entire network is currently 21.03 billion US dollars (compared to 20.5 billion US dollars the previous day), and the nominal value of open positions for ETH options is 6.01 billion US dollars (compared to 5.97 billion US dollars the previous day).
Bitcoin Beach co-founder claims Bitcoiners want to move families to El Salvador
The Bitcoin-friendly area of El Salvador has attracted many visitors using crypto, but are people considering moving themselves and their children abroad?
Santiment: Bitcoin’s weighted sentiment index has risen to its highest level since March 2023
The cryptocurrency intelligence platform Santiment pointed out that Bitcoin has risen by 20% in the past three weeks, which has made traders more bullish than at the beginning of the month. The weighted sentiment index of Bitcoin has risen to the highest level since March 2023. The weighted sentiment index is an indicator that measures the frequency of Bitcoin mentions on X platform and compares the ratio of positive and negative comments.
After Trump attended the Bitcoin conference, related concept coins fell
According to CoinGecko data, after Donald Trump attended a Bitcoin conference, several related concept coins experienced a general decline, including:
Trump to end war on crypto if elected, says US will be 'crypto capital of the world'
The former and prospective United States president made the announcement at the Bitcoin 2024 conference in Nashville, Tennessee.
