Over 40% of crypto trades in Latin America involve $USDT, surpassing Bitcoin and XRP. Local central banks consider CBDCs amid this shift. Binance leads in turnover, while Mercado Bitcoin sees surging trade volumes. #Update #CryptoNews
American Bitcoin ETFs saw $139.88M outflow on June 20, marking five days of decline. $BTC prices dropped below $64K on June 21. Hong Kong’s Bitcoin and Ethereum ETFs remain stable. Experts cite declining investor activity. #Update #Crypto
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Standard Chartered (@StanChart) launches the first bank trading desk for spot $BTC and $ETH, starting in London. This move, part of their FX unit, aims to support institutional clients in the digital asset space. #Crypto #Update
The Winklevoss twins donated $2M in Bitcoin to Donald Trump, aiming to counter the Biden Administration’s anti-crypto stance. Tyler Winklevoss criticized government actions against crypto, highlighting regulatory challenges and the need for clear $BTC policies. #Update
Bitcoin spot ETFs faced $140M outflow on June 20, marking five consecutive days of losses. @Grayscale’s GBTC lost $53.1M, while @BlackRock’s IBIT ETF gained $1.48M. Bitcoin is down 1.34% to $64,678. Investors eye U.S. PMI data. #Update
Bitcoin whale activity surges as Germany offloads 1,700 BTC from its $3.24B stash. Despite this, whales like @MicroStrategy buy aggressively, adding 11,931 BTC. The tug-of-war impacts Bitcoin’s price. #Update $BTC
The Winklevoss twins (@winklevoss) donated $1M each in Bitcoin to Donald Trump’s reelection campaign, citing his pro-crypto stance. They criticized Biden for regulatory actions against crypto firms, calling it “Operation Choke Point 2.0.” #Update #Bitcoin
MicroStrategy, led by Michael Saylor, buys 11,931 BTC for $786M, raising its holdings to 226,331 BTC. With Bitcoin trading near $66K, their portfolio is valued at ~$14.9B, showing an unrealized profit of $6.6B. #Bitcoin #Update
MicroStrategy (@MicroStrategy) has acquired 11,931 Bitcoins for $786M, bringing its total to 226,331 BTC, now worth $15B. This strategic move, funded by convertible notes, solidifies its position as the second-largest Bitcoin holder. #CryptoNews
U.S. debt projected to hit $50.7T by 2034 (122% of GDP). Economic instability and CPI at 0.3% may drive Bitcoin adoption. Spot Bitcoin ETFs from @BlackRock and Fidelity offer institutional access. Bitcoin’s broader acceptance grows. #Update #Bitcoin $BTC
Bitcoin whales sold $1.2B in assets early June, causing $460M net outflow from Bitcoin ETFs. Miner reserves also fell, adding pressure. Despite this, long-term holders rose since April 2024. Bitcoin trades above $65K, down 3% in a week. #Update #Bitcoin $BTC
CleanSpark acquires five bitcoin mining centers in Georgia for $28.5M, boosting capacity by 60 MW. This move enhances its current hashrate by 3.7 EH/s and aligns with the goal of reaching 20 EH/s. In May, CleanSpark produced 417 BTC. #Update #CryptoNews
The German government moved 6,500 BTC ($425M) to Kraken and Bitstamp, leaving 43,359 BTC ($2.83B) from a 2013 seizure. This activity has sparked speculation about its impact on $BTC prices. #CryptoUpdate
Bitcoin struggles to regain momentum with $700M outflows from U.S. Spot ETFs in 4 days. Meanwhile, Ethereum surges 4% post-SEC investigation conclusion. Bitcoin trades at $65,300; $ETH at $3,560. Analysts optimistic for late 2024 peaks. #Update
