Price: $71,057 | Last Year: $26,440
"Life appears to me too short to be spent in nursing animosity, or registering wrongs." -Charlotte Bronte
Bitcoin’s open interest jumped $2.02 billion over three days, sparking concerns among traders about a potential “whipsaw” event. BTC price came 3% away from charting new ATH as Bitcoin ETF inflow streak breaks record. 100% of Bitcoin long-term hodlers are now in profit as BTC crosses $71K. Samson Mow believes that once $BTC surpass the previous ATH, recursive demand shock kicks in and it’s up all the way to $0.1M. Over 40% of Bitcoin ($BTC) supply now held by a group of whale addresses.
U.S. Bitcoin ETFs saw inflows of over $488 million, but Google Trends data shows Bitcoin and crypto-related searches are far down from 2021 highs; one day we will wake up and there will be no more $BTC to buy.
Podcast: The Surprise Second Biggest Bitcoin ETF Inflow Day Ever hosted by Nathaniel Whittemore
Rushing OP_CAT on Bitcoin could come at an immense security cost.
Robert Kiyosaki, the author of the best-selling personal finance book ‘Rich Dad Poor Dad’, expressed his confidence that $BTC would reach the stellar price of $350,000 by August 25 this year; but it is only a prediction. Franklin Templeton CEO Jenny Johnson says Bitcoin investment still in early phase. Bitcoin Could Hit $150K by 2024-end on hopes of Donald Trump being re-elected according to Standard Chartered Corporate & Investment Banking; so does it crash if he's not?
Bitcoin Jesus' Roger Ver released on bail in Spain. The Bitcoin early adopter and Bitcoin Cash evangelist faced extradition to the U.S. on charges of evading taxes to the tune of $48 million.
Bitcoin miners with attractive power contracts are potential M&A targets according to JPMorgan Chase & Co. Once waging a legal battle against crypto ETFs, U.S. Securities and Exchange Commission Chair Gensler now talks about the pending ETH ETF as if it's a casual process and is jumping through the standard hoops.
A new U.S. law grants the President unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users; thanks Rep. Mark Warner.
Robinhood to buy Bitstamp crypto exchange to enable institutional trading in US.
Beware of fake work-from-home jobs, it’s a ploy to steal your crypto.
Video of the Day: Bitcoin Investor Says BILLIONS Are Coming Anthony Pompliano talks with Matthew Sigel, recovering CFA
Podcast of the Day: The Bitcoin Powered Revolution with Tuur Demeester hosted by Peter McCormack
The most covered news today is about VanEckreleasing an updated analysis forecasting the future of Ethereum ($ETH), predicting its price to reach $22,000 by 2030.
Podcast: Ethereum Is About To Skyrocket: Get Ready For A Massive Supply Shock hosted by Scott Melker
Podcast: Bits + Bips: Is This the Real Reason the SEC Approved the Ethereum ETFs? hosted by Laura Shin