03 Jun: $150K $BTC 090125

03 Jun: $150K $BTC 090125

By theinspired | Inspiration | 3 Jun 2024


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"Success is getting what you want. Happiness is wanting what you get."
-Dale Carnegie

Price: $69,362 | Last year: $26,789

Bitcoin registers an all-time low transaction volume and spot trading appears to be fading away, but Bitcoin traders continue to be bullish with the recent BTC price breakout despite months of consolidation — and on-chain data supports them; $69K forms weeks "important price." Bitcoin holders moved over 367,000 $BTC on May 18, worth over $25 billion, recording a yearly high in the value of Bitcoin transactions.

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Peter Brandt suggests that #Bitcoin’s current bull run resembles past post-halving cycles, potentially leading to a $150K by September 2025. PlanB believes the post-halving pump is approaching as S2F bullish indicator turns green.

As it pertains to mining, difficulty bounces as miners decrease BTC exposure.

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El Salvador’s President Nayib Bukele sworn in for second term and pledges economic transformation with $BTC. Australia's first spot $BTC ETF with direct $BTC holdings go live tomorrow; which opens another onramp and could pump the price higher.

Billionaire Chamath Palihapitiya says it makes sense for countries to hold Bitcoin in dual-currency environment.

Senator Ted Cruz has entered the #Bitcoin mining industry by acquiring and operating three Bitcoin miners in Iraan, Texas.

“THE US DOLLAR IS COLLAPSING!” Michael Saylor on The Future of #Bitcoin, Money, and Freedom

Everything is Coming to Bitcoin with Zack Voell & Willem Schroé hosted by Peter McCormack

Podcast of the Day: Bitcoin Will Reach $8 Trillion Market Cap | Jan van Eck Hosted by Scott Melker


Other News

562,000,000 people across the globe now own cryptocurrency and $3 billion ETH leaves crypto exchanges after SEC greenlights spot ETFs.

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theinspired
theinspired

I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post.


Inspiration
Inspiration

I've been exposed to the world of crypto since 2011. Now I use my knowledge to curate the most relevant news articles, podcast, videos, blogs and social media information to help you be in the know in Crypto!

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