Which way next for Bitcoin? Infamous scamming group get scammed

Rise’n’Crypto

As we crawled toward the weekend, last week felt like it was 100 days long, and the only way was down. But then, things took a turn. The US-based spot Bitcoin ETFs recorded high inflows on Friday, July 5, and BTC jumped $5,000 over the weekend. What now? Well, there are arguments for both directions. In other news, social-engineering scams from fake Coinbase representatives led to $1.7 million being drained in a terrifying way, and the infamous Pink Drainer got a taste of its own medicine when it was hit with an address poisoning scam.
Further reading:

• BTC price risks ‘double top’ — 5 things to know in Bitcoin this week
• Spot Bitcoin ETFs see record inflows after July 4 dip
• Bitcoin mining difficulty hits lowest level since March as price tops $57K
• 5 bullish arguments that Bitcoin price just bottomed at $53K
• Coinbase-posing scammers steal $1.7M from a user amid a string of attacks
• Karma served: Pink Drainer gets hit with address poisoning scam

So, grab yourself a coffee, and let’s get into it!

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