Price: $69,382 | Last Year: $26,481
"Never deprive someone of hope; it might be all they have." -H. Jackson Brown, Jr.
Binance CEO Richard Teng says "Crypto industry has shifted from ‘early adopters’ to ‘early majority’" as Binance reaches 200M users.
So far in June Bitcoin inflows hit $2B with it's second highest weekly close. “It is only a matter of time until Bitcoin makes a new all-time high,” said 10x Research CEO Markus Thielen. Bitcoin volatility hovering within 6% of record low levels. “The June central banking fireworks kicked off this week by the BOC and ECB rate cuts will catapult crypto out of the northern hemispheric summer doldrums. The trend is clear. Central banks at the margin are starting easing cycles” says Arthur Hayes.
Podcast: Beginning Of The Rate Cutting Cycle, Time To Be Bullish? | Weekly Roundup
Podcast of the Day: David Tse (Babylon) on Bitcoin Staking.
OTHER NEWS
Economist Henrik Zeberg says Altcoins set to go ‘flying’ in blow-off top style euphoric bull run; Ethereum sees best week since March with $69M. Ethereum leaders are stuck in a ‘massive contradiction:’ “You are either building capitalism or planned socialism,” said Wintermute CEO Evgeny Gaevoy, pointing the finger at Vitalik Buterin, Hayden Adams, and the wider Ethereum community.
Mysterious $XRP withdrawals from Binance into unknown continue – millions of $XRP go away as Ripple partners with National Bank of Georgia to digitize economy. Toncoin ($TON) loses gains amid increased profit-taking.
Anthony Scaramucci says President Biden won’t lose election on ‘capricious whims’ of Gary Gensler.
Podcast: Getting Crypto Regulation Right
