ππ #BTC Since November 2024, CEX exchange reserves have decreased by 668K BTC. This is a strong bullish signal, but itβs inaccurate to say that exchange reserves are exhausted. Currently, 2,432,989 BTC are available on exchanges.
Buying out the entire reserve at the current price would cost about a quarter-trillion dollars- precisely $253,427,433,207.
Buying out the entire reserve at the current price would cost about a quarter-trillion dollars- precisely $253,427,433,207.
πΈπ¬ Singapore's Central Bank has set a June 30 deadline for local cryptocurrency service providers to stop offering services in overseas markets. cointelegraph
π€ #BTC Bank of America: the US dollar will continue to fall this summer due to tariff concerns. Dollar weakness could benefit gold and BTC. coindesk
π§π· #USDC RedotPay, which provides cryptocurrency payment services, is partnering with Circle payment network in Brazil. coindesk
πΏ To avoid liquidation, James Wynn contributed 400k #USDC as margin. His new liquidation price is $104,151.
π CQ: #TRX reached a new ATH in total transfer volume, both in terms of TRX and USD value. Over the course of the month, a total of 490.3 billion TRX was transferred.
π° Strategy bought 705 #BTC for a total of $75.10 million between May 26 and June 1, at an average price of $106,495.
π³ CQ: #BTC whales now account for nearly half of the inflows to exchanges, with the Whale Ratio (30D) hitting a 7-month high of 0.47.
Increased whale activity has historically signaled a market peak, which often led to a correction as large holders prepared to sell.
Increased whale activity has historically signaled a market peak, which often led to a correction as large holders prepared to sell.
π΅ BlackRock deposited 4,113 #BTC ($429.4M) to Coinbase 2 hours ago β its first move to sell after more than a month of consistent buying.
πΊπΈπ #macro US:
- S&P Global Manufacturing PMI: 52.0 (pre: 50.2);
- ISM Manufacturing PMI: 48.5 (pre: 48.7)
- S&P Global Manufacturing PMI: 52.0 (pre: 50.2);
- ISM Manufacturing PMI: 48.5 (pre: 48.7)