๐ค 99% of #BTC holders are currently in profit as the asset inches closer to its previous all-time high.
๐ณ #ETH whales continue to stake heavily: 36M ETH now staked (+3% in June) and 200K+ ETH flowing off exchanges weekly โ but daily active addresses are still flat at ~300Kโ400K. Price momentum needs fresh user growth.
๐ต๐ต #USDC Circle has minted 250 million USDC. Circle has minted 2 billion USDC on Solana in the last month
๐บ๐ธ๐ #macro Bostic from the Fed: The US economy could experience a longer period of high inflation (a year or two). Labor market conditions remain broadly healthy" and have yet to show signs of deterioration that might warrant a preemptive interest rate cut.
๐๐ #ETH gained more than 5% today but is bumping up against a key resistance zone.
The silver lining: on-chain sell pressure thins out above $2,770, creating room for ETH to push back above $3,000.
The silver lining: on-chain sell pressure thins out above $2,770, creating room for ETH to push back above $3,000.
๐ฝ๐ #BTC Bo Hines:
- The US government plans to partner with mining companies and use government energy to mine BTC;
- Looking for new ways to accumulate BTC;
- Digital asset industry could grow to $15-20 trillion.
- The US government plans to partner with mining companies and use government energy to mine BTC;
- Looking for new ways to accumulate BTC;
- Digital asset industry could grow to $15-20 trillion.
๐ #BTC and gold have held the top spot for 12-month returns for two years straight and theyโre still far ahead of the major equity indices.
That kind of performance isnโt unusual for Bitcoin. But for gold, itโs a rare signal of sustained demand for hard assets.
That kind of performance isnโt unusual for Bitcoin. But for gold, itโs a rare signal of sustained demand for hard assets.
๐บ๐ธโ
The House of Representatives passed Trump's budget bill.
๐ต #BTC Someone sent $20K in Bitcoin to Satoshiโs Genesis Block address.
๐ฐ #SOL DeFi Development Corp has purchased an additional 17,760 SOL for its balance sheet.
โ๏ธ๐ฅณ #BTC A solo miner successfully mined a Bitcoin block, earning 3.173 BTC worth nearly $350,000.
๐๐ #BTC's relative volatility has been in a structural downtrend and it's now on par with the S&P 500 over the past 3 months.
Bitcoin is gradually transitioning from a risky asset to a safe-haven asset.
Bitcoin is gradually transitioning from a risky asset to a safe-haven asset.
๐ธ #BTC Over the past 24 hours, contracts worth ~$217.2 million have been liquidated, of which longs have liquidated ~$88.6 million and shorts ~$128.52 million.
๐ค๐ฑ #BTC The fear and greed index has dropped to 73 - greed.