πΊπΈπ #macro Bostic from the Fed: The US economy could experience a longer period of high inflation (a year or two). Labor market conditions remain broadly healthy" and have yet to show signs of deterioration that might warrant a preemptive interest rate cut.
π #BTC CQ: Net Bitcoin demand is falling. ETFs bought 377K BTC and MSTR bought 371K, but Apparent demand is down 857K. Bitcoin needs rising demand to break all-time highs.
π° #RWA Ondo and Pantera Capital set aside $250 million for tokenization of real-world assets.
ππ #ETH gained more than 5% today but is bumping up against a key resistance zone.
The silver lining: on-chain sell pressure thins out above $2,770, creating room for ETH to push back above $3,000.
The silver lining: on-chain sell pressure thins out above $2,770, creating room for ETH to push back above $3,000.
π¬π§π #BTC Gold miner Hamak Gold Limited will conduct additional share issue, part of funds raised will be used to buy Bitcoin on balance sheet. source
π½π #BTC Bo Hines:
- The US government plans to partner with mining companies and use government energy to mine BTC;
- Looking for new ways to accumulate BTC;
- Digital asset industry could grow to $15-20 trillion.
- The US government plans to partner with mining companies and use government energy to mine BTC;
- Looking for new ways to accumulate BTC;
- Digital asset industry could grow to $15-20 trillion.
π #BTC and gold have held the top spot for 12-month returns for two years straight and theyβre still far ahead of the major equity indices.
That kind of performance isnβt unusual for Bitcoin. But for gold, itβs a rare signal of sustained demand for hard assets.
That kind of performance isnβt unusual for Bitcoin. But for gold, itβs a rare signal of sustained demand for hard assets.
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The House of Representatives passed Trump's budget bill.
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πͺπ¨ββ #TORN The founder and developer of Tornado Cash will go on trial on July 14. cointelegraph
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πΊπΈπΏ The US House of Representatives has announced "Crypto Week" for July 14-18.
The week will be set aside to consider a bill on stablecoins, a larger bill on cryptocurrency market structure, and a bill on central bank digital currencies (#CBDC). #regulation
The week will be set aside to consider a bill on stablecoins, a larger bill on cryptocurrency market structure, and a bill on central bank digital currencies (#CBDC). #regulation
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π΅ #BTC Someone sent $20K in Bitcoin to Satoshiβs Genesis Block address.
π° #SOL DeFi Development Corp has purchased an additional 17,760 SOL for its balance sheet.
βοΈπ₯³ #BTC A solo miner successfully mined a Bitcoin block, earning 3.173 BTC worth nearly $350,000.
ππ #BTC's relative volatility has been in a structural downtrend and it's now on par with the S&P 500 over the past 3 months.
Bitcoin is gradually transitioning from a risky asset to a safe-haven asset.
Bitcoin is gradually transitioning from a risky asset to a safe-haven asset.
π° Amber International raises $25.5M to expand its crypto reserve strategy. coindesk