The German government sold 595 BTC ($36.5M) on major exchanges like Bitstamp and Kraken, totaling over 2,000 BTC sold recently. Despite this, Germany’s Bitcoin holdings are still valued at $2.76B. $BTC remains stable above $61K. #Update
Bitcoin leads a modest market recovery, briefly surpassing $62,000. Significant liquidations hit $87M in 24 hours. Ethereum at $3,387.68, Solana up 2.19%. Analysts eye “accumulation whales.” Bullish sentiment returns. #Update #Crypto
The imminent approval of the U.S. Spot Ethereum ETF could see trading start by July 2. Experts forecast a $2.8 billion investment, about 15-20% of Bitcoin ETFs. $ETH is up 1%, now at $3,387.68. #Update #EthereumETF
On June 25, 2024, @RepMattGaetz introduced a bill to allow federal income tax payments in Bitcoin. This move, inspired by El Salvador’s success, aims to modernize the U.S. tax system. Approval from Treasury Secretary Janet Yellen is required. #CryptoTax #Update
Robert Kiyosaki, author of “Rich Dad Poor Dad,” praises Bitcoin’s fixed supply and decentralized nature over fiat currency. Bitcoin’s recent price hit $61,639.67, with 0.78% growth, $31M inflows in BTC ETFs, and 53.42% market dominance. #Update @RaoulGMI
Grayscale’s Bitcoin ETF saw $30M in outflows in 24 hours, totaling 340,000 BTC since U.S. spot ETFs launched. Despite selling 18,000 BTC this year, Grayscale holds 29,331 BTC. New ETFs’ lower fees drive this trend. #Update $BTC
US spot Bitcoin ETFs saw $31M net inflows on June 25, driven by $48.8M from @Fidelity. Grayscale GBTC had net outflows, while BlackRock’s IBIT posted zero inflows. Trading volumes for spot Bitcoin ETFs rose 4-5%, with IBIT surpassing $1B. #Update
Nubank partners with Lightspark to integrate the Bitcoin Lightning Network, boosting transaction speed and lowering costs for over 100 million users. This move aligns with Nubank’s mission to offer efficient, low-cost services. #Bitcoin #Update
Florida Rep. Matt Gaetz introduces a bill to allow Bitcoin for federal tax payments, inspired by El Salvador’s success with $BTC. This move could modernize the tax system and boost innovation. #CryptoTax #Update
Nu Holdings (@Nubank) teams up with Lightspark to enable Bitcoin Lightning Network transactions in 2024. This partnership lets millions of customers in Brazil, Mexico, and Colombia enjoy fast, low-cost Bitcoin payments. #CryptoNews #Update
U.S. Rep. @MattGaetz introduces a bill to allow federal tax payments in Bitcoin ($BTC), amending the Internal Revenue Code of 1986. This move could enhance innovation and flexibility for U.S. taxpayers, marking a milestone in crypto adoption. #Cryptocurrency
Bitcoin price retreat sparks bullish optimism! Analysts predict a surge to $88K by mid-2023 based on historical trends and institutional confidence. Notable flag pattern and $BTC trading at $61,254 suggest potential for growth. #CryptoNews #Update
The German Federal Criminal Police Office (@bka) transferred 900 Bitcoin, worth $54.4M, to Kraken, @coinbase, and an untagged address. Germany’s BTC reserves now stand at 46,359 BTC, valued at $2.8B. Speculations arise about asset diversification. #Crypto
Bernstein analysts predict lower demand for Ethereum-ETFs compared to Bitcoin-ETFs due to the lack of staking features. Regulatory improvements post-2024 U.S. elections and increased institutional adoption could drive the cryptocurrency ETF market to $450B. #Update #Crypto $ETH $BTC
