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It's Friiddaayyyy Folks! Yesterday, Fidelity made it official and filed for a Spot Bitcoin ETF; the price of Bitcoin is currently at $30,784.33. The fear and greed index ticked up to 56 and the best performing asset for the past 24 hours is $LTC up 18.42%; in position #10. There isn't really any trending news but Litecoin is now in the top 10. Let's dive into the rest of the news...
Bitcoin price briefly clears $31K as monthly, quarterly close nears. U.S. Investors Are Driving Bitcoin’s Price Surge as Institutional Demand Rises. Bitcoin poised to attack $35,000 amid ‘lack of resistance’. Bitcoin Sees Rare 300% Quarterly Increase in Transaction Fees. US SEC deems spot Bitcoin ETFs filings as inadequate; price dives 6%. Why approving a Bitcoin ETF might unleash $18 billion in sell-pressure.
Opinion: Michael Saylor -Bitcoin ETF would be a 'milestone on the road to institutional adoption'
Ethereum is gaining investors’ confidence as go-to asset for passive income. Litecoin’s Hash Rate Hits ATH as Halving Countdown Narrows and LTC Nears $100.
Opinion: CBDCs aren’t about solving today’s problems — Australia’s CBDC lead Dilip Rao.
Coinbase Files Request for Dismissal of Charges, Prepares for Mainnet Launch With Slew of Security Audits, and offers 4% yield on USDC. Binance’s Institutional Clients Remain Optimistic on Crypto Amid Tough Market. Citigroup is reviewing its partnership with digital asset custodian Metaco: Bloomberg.
UK Passes Bill Establishing Crypto and Stablecoins as Regulated Financial Activities. Crypto ‘regulatory approach isn’t needed now’ — New Zealand central bank. South Korean lawmakers pass crypto bill to protect investors.
Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks.
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Podcast of the Day:Read_746 - Orange Pilling Your Barber [Hector Alvero] | Bitcoin Audible