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 $82.4M influx into its IBIT ETF drives investor optimism despite a volatile market. #Update #Bitcoin #ETFs
Billionaire @peterthiel still holds Bitcoin ($BTC) but doubts its price will rise “dramatically.” His Founders Fund invested $200M in $BTC and $ETH earlier this year. Bitcoin now trades around $60,800, up 100% in a year. #Update
Bitcoin surged to $62,000 after the first U.S. presidential debate, despite no mention of crypto. Biden’s performance raised doubts, potentially boosting Trump. Kraken’s Jesse Powell donated $1M in Ether to Trump’s campaign. #Bitcoin #Debate2024 #Update
? On June 28, the U.S. government transferred 11.84 BTC (~$726K) from a seized wallet. This follows a larger 4,000 BTC transfer to Coinbase Prime, raising selloff fears. CEO Ki Young Ju reassures minimal market disruption. #Bitcoin #Update
The Fed’s PCE index cooled to 2.6%, the slowest pace since March 2021, sparking crypto market recovery. The CME FedWatch Tool hints at a potential rate cut. Bitcoin, $ETH, and $SOL show signs of recovery. #Update
BlackRock reveals a 43,000-share Bitcoin ETF investment, underscoring traditional finance’s growing interest in digital currencies. This strategic move by BlackRock, managing $17.8B in assets, aligns with investments by @Chase and @MorganStanley. #Bitcoin #Update
Bitdeer, founded by Jihan Wu, secures a 30-year lease for 570 MW power at Hannibal Industrial Park, Ohio. Initial 266 MW available by Q3 2025. Deal follows Tether’s $150M share purchase to expand data centers. #Bitcoin #Update
Bitcoin whale moves 1000 BTC to @CoinbasePrime after 6 years of dormancy. Acquired in 2018 for ~$7000, now worth ~$61.7M. This continues the trend of dormant addresses reactivating, impacting $BTC’s market dynamics. #CryptoNews
Valour, a subsidiary of DeFi Technologies, launched the first Core DAO ETP on the Swiss Spotlight Stock Exchange, integrating proof-of-work and delegated proof-of-stake. This milestone allows traditional finance to access the native CORE token. #Update
New ETFs from @BloombergIntelligence offer access to $BTC, Gold, $ETH, and MicroStrategy. Tidal Investments and Quantify Chaos Advisors propose a Bitcoin-Gold ETF to reduce market swings. #Investing #CryptoNews
BTC miner capitulation may be ending, with on-chain data showing a significant drop in miners’ OTC BTC selling. Reduced selling pressure hints at potential market recovery, with BTC trading at $61,357.47 (+0.96%). #Bitcoin #Update
VanEck’s spot Solana ETF filing shifts focus from Bitcoin. Solana, outperforming Bitcoin, surged to $150. GSR gives Solana a high “ETF Possibility Score.” VanEck to launch zero-fee spot Ether ETFs, predicting $5B inflows. #CryptoNews $SOL $ETH $BTC
BlackRock’s Bitcoin ETF, IBIT, sees zero inflows for five days despite internal investments. Institutional interest in Bitcoin ETFs declines amid Fed’s interest rate stance and competition from new crypto ETFs like VanEck’s Solana ETF. #Update #Bitcoin #ETF
