BULLISH: 🟠 BREAKING: BlackRock, the $14 trillion investment giant, has formally recommended that investors consider allocating 1–2% of their portfolios to Bitcoin. 👀

The firm stated, “Even a modest allocation could significantly enhance returns without increasing daily volatility.” 🚀

Source: https://x.com/BitcoinMagazine/status/2069751744326729758

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BlackRock, with $14 trillion in assets, now advises allocating 1-2% of portfolios to Bitcoin.

“A modest allocation could enhance portfolio returns without significantly affecting daily risk exposure.”

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Crypto Edge

JUST IN: 🟠 Public company CIMG Inc $IMG has completed its initial stock and warrant offering to non-U.S. investors, raising 207.7 #Bitcoin (equivalent to $13.5 million).

The company now holds a total of 730 BTC in its treasury.

Source: https://x.com/BTCtreasuries/status/2069751457688203472

Crypto Edge

JUST IN: 🇺🇸 Senator Cynthia Lummis tells Fox Business the Clarity Act is headed to the Senate floor this July — a defining step for cryptocurrency regulation. 👀

Source: https://x.com/BitcoinMagazine/status/2069772918423220314

Crypto Edge

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🇺🇸 Senator Cynthia Lummis has confirmed to Fox Business that the Clarity Act will reach the Senate floor this July.

The push is gaining serious speed. 🔥

Crypto Edge

Public company CIMG Inc $IMG has successfully wrapped up its initial stock and warrant offering for non-U.S. investors, raising 207.7 #Bitcoin—equivalent to $13.5 million.

The company now holds a total of 730 BTC in its treasury.

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JUST IN: 🟠 Charles Schwab launches Bitcoin trading—unlocking access for over $12.6 trillion in client assets 🚀

Source: https://x.com/BitcoinMagazine/status/2069816144509214751

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Bitcoin hits $60,000

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There’s an 80% chance Bitcoin will drop below $55,000

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Charles Schwab, overseeing $12.6 trillion in client assets, has officially rolled out Bitcoin trading for its customers.



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JUST IN: Senator Cynthia Lummis has suggested that if the U.S. were to hold over 5% of all Bitcoin in existence, it could—under certain conditions—function as a strategic reserve asset to aid in managing the nation’s $39 trillion debt. 🇺🇸

Source: https://x.com/BitcoinMagazine/status/2069858131320979808

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JUST IN: 🟠 Grayscale suggests Bitcoin is looking attractively valued at current prices 🚀

Source: https://x.com/BitcoinMagazine/status/2069904003727577183

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Grayscale highlights that Bitcoin appears significantly undervalued at its current price level.

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Saylor’s Bonds Now Trade 20% Below Par

Saylor's bonds are now trading at $80—20% below their $100 face value. Even with $1.4B in cash reserves and solid liquidity to meet debt obligations over the next 12–13 months, more than $10B in similar debt instruments are experiencing parallel declines.

Yesterday, a striking 9% of open interest shifted to short positions in just four hours. With crypto markets still grappling with limited liquidity, market sentiment is turning sharply bearish.

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Crypto Edge

Bitcoin surged over $2,700 from its yearly low of $59,100 yesterday, closing the daily candle above $61,000.

Meanwhile, $300 million in long positions were liquidated as BTC retested June 5’s low of $59,130.

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Crypto Edge