27 Jun: Recovery in Progress

27 Jun: Recovery in Progress

By theinspired | Inspiration | 27 Jun 2024


Price: $61,196 | Last Year: $30,274

"Everyone gets Bitcoin at the price they deserve." - Michael Saylor, 21 Rules for Bitcoin

Bitcoin and broader market choppy ahead of US GDP report. A strong GDP would likely bolster the Fed’s resolve to leave rates unchanged. But weak GDP data might make interest rate cuts more alluring. In addition, the market is bracing for crazy volatility as $10B in Bitcoin and Ether options set to expire tomorrow; buckle up buttercups because it's Quad Witching season!

Satoshi-Era Bitcoin miner wallet wakes up after 14 years.

Galaxy said spot ether ETFs could see $5 billion of net inflows in the first five months and demand for the new products is expected to come from independent investment advisors and broker/dealer platforms; the lack of staking rewards could limit demand for these spot ETFs, the report said. State Street teams up with Galaxy, eyeing new ETFs beyond Bitcoin.

Significant Achievement:Over one million Bitcoin wallets are now wholecoiners

Pomp Podcast

Podcast of the Day: Here Is Why Bitcoin's Next Bull Run Is Just Around the Corner


OTHER NEWS

Paradigm Capital deposited 19,504 $ETH into Anchorage Digital. Crypto losses to deep fakes could reach $25B in 2024.

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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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