Top #CryptoNews This Week

1️⃣ U.S. #CPI May:
Annual CPI rate for May: 3.3%, lower than expected, #interest rates unchanged.(5.25% to5.5%)

2️⃣ #Biden #Cryptocurrency Donations:
Biden's team discussing cryptocurrency donations via #Coinbase Commerce to attract crypto-supporting voters.

3️⃣ Trump on #Bitcoin:
Trump advocates for U.S. Bitcoin mining, criticizes Biden's stance on cryptocurrency.

4️⃣ SEC Spot #ETH #ETF:
SEC Chair expects ETH spot ETF approval by summer's end, clarifies crypto compliance issues.

5️⃣#Vitalik suggests improving crypto use with zk proofs, decentralized networks, and privacy enhancements.

6️⃣ #Binance nance surpasses 200 million users, addresses trading incidents, and focuses on blockchain applications.

7️⃣#Bybit relocating staff to Malaysia, Dubai after opening registration for Chinese users.

8️⃣ #Tether to invest over $1 billion in emerging markets, #AI, and biotechnology.

9️⃣ #MicroStrategy plans to raise $700 million via private placement to buy more Bitcoin.

BREAKING: MicroStrategy buys Additional Bitcoin

#Crypto #Cryptonews #Cyptomarket

🔵MicroStrategy purchased an additional 11,931 Bitcoin for approximately $786.0 million, using proceeds from convertible notes and excess cash.

🔵The average price per Bitcoin for this purchase was about $65,883.

🔵As of June 20, 2024, #MicroStrategy holds a total of 226,331 Bitcoin.

🔵The total acquisition cost for these Bitcoin is around $8.33 billion, with an average price of $36,798 per #Bitcoin.

BREAKING : #Metaplanet Plans $7M #Bitcoin Purchase Through Bond Sales, Following #MicroStrategy

#Crypto #CryptoNews #Cryptomarket

🌀Metaplanet, a Japanese firm, bought $7M in Bitcoin using proceeds from a recent bond sale.

🌀This increases Metaplanet's Bitcoin holdings to over 200 BTC, part of their investment diversification strategy.

🌀The move reflects a trend of institutions like Metaplanet investing in cryptocurrencies.

🌀Metaplanet aims to hedge against economic challenges in Japan with its Bitcoin acquisitions.

🚨BREAKING: #MicroStrategy (#MSTR) Announces Major 10-for-1 Stock Split!

By 2045, the price of Bitcoin will reach $13 million, according to Michael Saylor.

He made this statement at a Bitcoin conference in Nashville. Under this average scenario, Bitcoin will account for 7% of the world's wealth.

Negative scenario: $3 million per coin
Positive scenario: $49 million per coin.



#Bitcoin #Microstrategy #MichaelSaylor #Coinpedia