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Bitcoin ($BTC) saw a 1.23% rise, ranging from $60,630.05 to $61,605.23. Historically, BTC rebounds in July with an average return of 7.98%. Spot Bitcoin ETFs and corporate interest are key in maintaining resilience. Experts remain optimistic about BTC’s future. #CryptoNews
SEC delays Spot Ethereum ETFs to mid/late July, adding market uncertainty. Key data releases this week: FOMC minutes (July 3), U.S. job data (July 5), and trade deficit figures. EU’s MiCA regulation starts June 30, but 91% of firms unprepared. #CryptoNews
Crypto analysts @CryptoRover and @CaptainFaibik predict a new #altseason, highlighting bullish trends and a potential altcoin market cap surge to $2.3T. Early signs on ETH/BTC charts and expected ETFs for Ethereum and Solana boost optimism.
Cathie Wood stocks show signs of breakout. $SQ gains 1.74% in 24 hrs, @coinbase up 28% YTD, $TSLA surges 12% monthly. Positive market dynamics boost tech-driven assets. #Update
Whale 0x837 converted $18M in $PEPE to $ETH amid a price decline. They staked 4,374 ETH ($14.91M) in Compound, reflecting confidence in Ethereum’s long-term value and anticipated ETF approval. $ETH trades at $3,381.23. #Update
Michael Dell (@MichaelDell) shows growing interest in Bitcoin, with a poll revealing 43% of followers support BTC. Dell Technologies may revisit BTC investments as institutional adoption rises. #Update #Bitcoin $BTC
Michael Egorov, founder of Curve Finance, transferred $30M in CRV tokens to Christian Catalini to prevent market instability. He proposed burning 10% of CRV’s supply and introduced a 3-month APY booster for voters. #CRV #Update
Bloomberg analyst Mike McGlone warns of a potential shift in Bitcoin’s dominance in Q2, citing risks of deflation. The Mt. Gox bitcoin payout in July could also affect the market. Bitcoin trades at $61,101.55. #Bitcoin #Update
Ripple CTO David Schwartz supports @Consensys amid SEC lawsuit over unregistered securities sales through MetaMask. Schwartz argues MetaMask profits are independent of Consensys efforts, challenging SEC claims. Judge Amy Berman Jackson’s rulings impact ongoing cases. #CryptoNews
VanEck named @Coinbase as an additional custodian for its HODL Bitcoin ETF, enhancing security with Coinbase’s cold storage. VanEck also filed for a Solana ETF, aiming for the first U.S. launch. #Crypto
District Judge Amy Berman Jackson dismissed the SEC’s claim on Binance’s $BNB secondary sales, aligning with Judge Torres’ ruling that $XRP secondary sales are not securities. This ruling is pivotal for crypto regulation, benefiting exchanges like @Coinbase and @krakenfx. #Update
Michael Dell (@MichaelDell) ran a poll on X, with 45% of 47,513 votes for Bitcoin. Dell Technologies previously adopted Bitcoin in 2014 but stopped in 2017. Recent actions hint at renewed interest, fueling crypto community optimism. #Bitcoin #Update
Bitcoin miners are cutting investments after hash price hit an all-time low post-halving. Exploring other PoW cryptos for stability, miners show adaptability. $BTC finds support at $58K-$60K; potential downside to $50K could attract institutional interest. #Update
Bitcoin dips below $60,000, but U.S. Spot Bitcoin ETFs see a 4-day positive streak. @BlackRock’s $82.4M influx into its IBIT ETF drives investor optimism despite a volatile market. #Update #Bitcoin #ETFs
