"Zeal is a volcano, the peak of which the grass of indecisiveness does not grow."
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It's Frridddaayyyy Folks! Yesterday, XRP spiked as 1B were released at the beginning of the month; the price of Bitcoin is currently at $27,123.08. The fear and greed index pulled back to 50 and the best performing asset for the past 24 hours is $ADA up 0.52%; in position #7.
Bitcoin wicked down to $26.5K, but trader eyes chance for ‘bullish surprise.’ Bitcoin bounces back to $27K ahead of jobs report. Fidelity Investments’ global macro director Jurrien Timmer says that the alternating bullish and bearish cycles of crypto assets are similar to the tech bubble. Bitcoin ‘big move’ due in July after March $30K push.
Democrat US presidential candidate Robert F. Kennedy Jr. thinks Bitcoin (BTC) is the “perfect base currency.” The U.S. Dollar Index is encroaching on new year-to-date highs, but Bitcoin whale activity suggests this may be a dead cat bounce. Billionaire Mike Novogratz predicts that the Federal Reserve will start cutting interest rates in October, after having raised them since last March to lower inflation; Setting up a bull run for the Crypto Market Set.
Bitcoin wins no matter what the Fed does: Arthur Hayes. However, the worst for Bitcoin (BTC) may not be over, according to Bloomberg analyst Mike McGlone.
Solving Lightning’s ‘inbound liquidity’ problem is focus of new layer 2 Bitcoin protocol, Ark.
Bitcoin mining difficulty hits record high and Miners are probably selling their output at the $28K level as revenue climbs to $916 million in May. Bitcoin Miner CleanSpark buys 12,500 Bitmain machines for $40.5M and latest update reveals major boost in BTC mined due to fees. Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining's Texas Site. How to access Bitcoin network data without advanced IT skills. Marathon Digital mined 77% more Bitcoin in May with the help of its software.
US debt ceiling, declining trust in banks send ETH staking to record highs.
Tether’s market cap reaches new high, exceeding $83.2B. USDC stablecoin developer Circle will replace the current version of its token with one running natively on the Arbitrum network. Stablecoins are a critical countermeasure to Operation Chokepoint. ‘Allure of CBDCs Is Fading’ Globally, Says Kenyan Central Bank.
Happy 11th Birthday to XRP as Ripple returns whopping 700 Million XRP after enormous unlock. IOG Continue Blistering Place of Cardano (ADA) Development Work. Solana (SOL) up 9%. Credit Suisse-backed Taurus integrates Polygon for its tokenization offering.
Justin Sun: Huobi Could Have Hong Kong License in 6 to 12 Months. Binance market share chopped with the end of zero-fee BTC trading. Coinbase to launch 'institutional-sized' Bitcoin and Ether futures contracts next week.
Sen. Elizabeth Warren is incorrect about Crypto and Crime - Chainalysis and Elliptic have found that crypto is useful for crime, but that’s hardly an argument for banning it. Brian Armstrong issues warning on China, says US putting national security at risk with Anti-Crypto climate.
DCG asks judge to consolidate class-action suits to avoid conflicting decisions.
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Podcast of the Day: #424: Q1 2023 Monetary Base Update with Matthew Mežinskis | TFTC
