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Guess what day it is Folks? HUMPDAY! Yesterday, we saw a lot of news still focused on the impact of the BlackRock and others filing for Spot Bitcoin ETFs; the price of Bitcoin is currently at $30,353.80. The fear and greed index jumped to 62 and the best performing asset for the past 24 hours is $SOL up 0.30%; in position #10; $TRX in position 9 still baffles me. Most news today is about what's going on with the CeFi Companies so far; check back through out the day as the news rolls in. Let's dive into what is of importance.
Bitcoin stays above $30,000 buoyed by ETF optimism; will it trade under $27K ever again? Michael Saylor's MicroStrategy Now Holds Over $4.6B Worth of Bitcoin; purchased additional 12,000 BTC for $347M. However, MicroStrategy's Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows.
Bitcoin miners sent $1 billion to exchanges since BlackRock ETF filing. Cboe amends filing for Ark's bitcoin ETF to include BlackRock-like feature. GBTC Volume Increases 79% in June Amid TradFi ETF Applications.
Bitcoin no longer crypto of choice for illicit crypto activity: TRM Labs. Syscoin Developer Launches Ethereum-Compatible Layer 2 Network Secured by Bitcoin Miners.
Ethereum price won’t see $2K anytime soon, market data suggests.
Opinion: Michael Saylor: BlackRock, Citadel, and Fidelity Will Help Drive Bitcoin Price to $1 Million. Ethereum (ETH) Is Commodity, Consensys Founder Joseph Lubin Says.
Tether signs MoU with Georgia to develop Bitcoin P2P infrastructure.
KuCoin crypto exchange to introduce mandatory KYC in July. EDX Markets Withdraws Plans to Use Paxos as Custodian. Crypto Custody Firm Ledger Introduces Institutional-Grade Trading Network.
EU Publishes Digital Euro Bill Featuring Privacy Controls, Offline Guarantee.
FTX seeks final submissions this week from interested parties for revival plans. Creditors seek BlockFi liquidation, accusing CEO of fraud and extortion. Voyager to pay $1.1M in legal fees incurred in April.
‘Wolf of Wall Street’ J. Belfort responds to Ponzi scheme allegations. Former NYSE Broker Michael Ackerman to Pay $54M to Settle CFTC Crypto Fraud Charges. $7.8B lost in crypto ponzi and pyramid schemes in 2022: Report.
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Podcast of the Day: BTC136: The FED Pause & Q2 Current Events w/ Luke Gromen | Bitcoin Fundamentals
