Bitcoin Struggles to Find Bottom Amid Declines
Bitcoin ($BTC) bounces to $64,000 from recent lows under $60,000, but remains below the crucial 41.5 RSI level, indicating bearish pressure persists. #Update #Crypto $BTC
Bitcoin ($BTC) bounces to $64,000 from recent lows under $60,000, but remains below the crucial 41.5 RSI level, indicating bearish pressure persists. #Update #Crypto $BTC
@BinanceWallet users contributed $557M to SpaceX’s IPO via onchain subscriptions, with 81% of participants investing $20K or less. SpaceX’s total demand exceeded $250B. #Update #Crypto $USDC
Elon Musk’s @X has launched Big Charts, enhancing Smart Cashtags for real-time financial data on $BTC, $ETH, $XRP, and others. Users can now trade SpaceX ($SPCX) directly on the platform. #Update #Crypto $BTC
Bitcoin rises to $63,550, up 1.6% today, as President Trump announces a deal with Iran, signaling a potential end to the conflict impacting markets. #Update #Crypto $BTC
Brazil’s Chamber of Deputies debates Bill 2946 to enforce mandatory registration for crypto services, aiming to stabilize VASP regulations by codifying Central Bank resolutions. #Update #Crypto
Surging oil prices and rising inflation have prompted fears of a tighter US Fed policy, risking Bitcoin’s support near $60K amid $1.9B in spot ETF outflows. #Update #Crypto $BTC
Blackrock’s Bitcoin Premium Income ETF (BITA) may launch by June 19, offering a 0.65% fee, undercutting rivals ahead of Goldman Sachs’ July launch. #Update #Crypto
Surging oil prices and rising producer inflation have traders pricing in stricter US Fed policies, risking Bitcoin’s support near $60K amid $1.9B in June ETF outflows. #Update #Crypto $BTC
@BlackRock has filed Form 8-A for its Bitcoin Premium Income ETF, $BITA, signaling a potential launch next week. The fund aims to generate income through options trading. #Update #Crypto $BITA
Coinbase’s quantum advisory council urges blockchain communities to plan post-quantum migrations, highlighting 7 million $BTC at risk from future quantum attacks. #Update #Crypto $BTC
Bitcoin ETFs saw $213.9M outflows, led by @Blackrock’s IBIT; Ether ETFs lost $35.6M. HYPE and XRP ETFs gained $4M combined, indicating selective demand. #Update #Crypto
Crypto platforms offer global investors various ways to speculate on @SpaceX’s $1.75 trillion IPO via prediction markets, perpetual futures, and synthetic assets, bypassing traditional brokerage limitations. #Update #Finance
A crypto analyst predicts Bitcoin has entered the final bear market phase, with potential declines to $47,000-$51,000 by October 2026. Current price: $62,799.
@BlackRock plans to launch a Bitcoin ETF, BITA, on Nasdaq, investing in IBIT stocks and using covered call options for income. Management fee set at 0.65%. #Update #Crypto $BTC