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Happy Monday Folks! Over the weekend, the most covered news was about Coinbase being aware of its securities violations; the price of Bitcoin is currently at $30,193.32. The fear and greed index inched back to 56 and the best performing asset for the past 24 hours is $BNB up 2.89%; in position #4. Let's dive into the rest of the news...
CPI meets low BTC supply — 5 things to know in Bitcoin this week (Cointelegraph):
- Limp $30,000 support gets traders hungry for BTC price dip
- 8 Fed speakers accompany major macro data week
- Bitcoin mining difficulty following hash rate to fresh record high
- BTC supply shock “inevitable”
- Big fish step up exposure
Crypto market hangs in the balance facing a crucial ‘make or break’ week. Crypto dev count up 90% since 2020, even after bear market drain.
Bitcoin Steady Above $30K as China Factory Deflation Suggests End of Global Tightening Cycle Is Near. US dollar shortage drives down Bitcoin, Ether prices on Binance.US. A no-fail trade? Bitcoin traders who dollar-cost average are profitable.
Grayscale Bitcoin Trust Discount Narrows to Lowest Since May 2022. Grayscale calls out SEC approval of ‘riskier’ leveraged bitcoin ETF. Former SEC chair says bitcoin ETF approval 'hard to resist' if 'efficacy' proven.
Analysis: Will Clemente - Bitcoin’s Q2 2023 Performance and BlackRock ETF Trade in Full Effect for Bitcoin as US Investors Actively Accumulating BTC. Another Massive Wave of Capital From Institutional Investors Hits Bitcoin and Crypto Markets: CoinShares.
Opinion: Bitcoin aligns with Swiss values - Head of Lugano’s Plan ₿ Joe Hall
Prediction: Bitcoin May Hit $50,000 by Year’s End and $120,000 By 2025: Standard Chartered
Question: Is Bitcoin an Investment or a Currency ?
Staked Ethereum Now Accounts for 20% of the Total Supply. XRP Current Price Action Might Yield 20% Gains If This Happens: Details. XRP and Cardano Primed for Bounces As Bullish Indicator Brews: Santiment.
15 to 24 Retail CBDCs Likely by 2030, BIS Study Says. Bank for International Settlements Says DeFi To Act As Starting Point for CBDC Security Systems.
Recovering Funds Transferred Via Bitcoin ATMs Is 'Virtually Untraceable', Say Iowa Authorities.
Republicans ask Justice Department, SEC to investigate Prometheum.
Meme Coin Scam Nets Fraudster Over $315K in ETH. Crypto sleuth alleges YouTuber 'Blue' implicated in $1.5 million scam.
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Podcast of the Day: #246: Sue Ennis, VP at Hut 8, on Bitcoin, A.I Infrastructure, and Bitcoin Mining | Cryptonews
