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First in Bitcoin History: Corporates Exceeded the 1 Million Threshold! Bitcoin exchange-traded funds offered through #ETFs and #ETPs around the world shared by HODL15Capital have exceeded the 1 million BTC threshold. The cumulative value of these assets exceeded 68 billion dollars. While this amount corresponded to 5.08% of the current circulating supply of 19.7 million #BTC , a striking picture emerged. US-based spot Bitcoin ETFs alone have collected 855,619 Bitcoins since launch on January 10. The average daily inflow to these ETFs was recorded as 6,200 #BTC . BlackRock and Grayscale were recorded as the two companies that hold the most Bitcoin in their ETFs. According to current data, Grayscale holds 289,040 BTC worth $19.9 billion, while BlackRock holds 287,168 #BTC worth $19.8 billion. According to on-chain analysis platform LookIntoBitcoin, only 1 million addresses hold 1 BTC or more. $BTC $ETH

First in Bitcoin History: Corporates Exceeded the 1 Million Threshold!

Bitcoin exchange-traded funds offered through #ETFs and #ETPs around the world shared by HODL15Capital have exceeded the 1 million BTC threshold. The cumulative value of these assets exceeded 68 billion dollars.

While this amount corresponded to 5.08% of the current circulating supply of 19.7 million #BTC , a striking picture emerged.

US-based spot Bitcoin ETFs alone have collected 855,619 Bitcoins since launch on January 10. The average daily inflow to these ETFs was recorded as 6,200 #BTC .

BlackRock and Grayscale were recorded as the two companies that hold the most Bitcoin in their ETFs. According to current data, Grayscale holds 289,040 BTC worth $19.9 billion, while BlackRock holds 287,168 #BTC worth $19.8 billion.

According to on-chain analysis platform LookIntoBitcoin, only 1 million addresses hold 1 BTC or more.
$BTC $ETH

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PlanB expects a serious rise in Bitcoin according to its model. PlanB, who is among the most ambitious Bitcoin analysts by developing his own model among crypto analysts, claimed that the cryptocurrency could reach up to 500 thousand dollars in its current cycle. The analyst, who recently updated his own Stock-Flow model in his YouTube broadcast, said that he expected a strong fluctuation after the halving and predicted the closest target to be 100 thousand dollars. PlanB referenced previous cycles in the S2F model when interpreting Bitcoin price performance. Accordingly, the analyst, who predicted a rapid rise depending on the demand for Bitcoin after the halving, claimed that Bitcoin could reach up to 500 thousand dollars in the current cycle. The price level seen for the next cycle is $4 million. In addition, PlanB, which updated the model it uses for Bitcoin price prediction with the last 5 years of data, also claimed that the Stock-Flow model has become much more accurate and understandable in its current form. The analyst also points out that the RSI indicator has moved consistently with previous price predictions, and believes that this technical indicator will move the same way in the current cycle. While #PlanB supports its price prediction with the data that more than 90% of Bitcoin owners are in profit, it thinks that this data will be another factor that triggers the rise of the BTC price. When the current price movements of Bitcoin are checked, it is seen that the cryptocurrency price has not been able to remain permanent in the $ 70,000 range since last month. Finally, the cryptocurrency, which was sold once again at the $ 70,000 limit yesterday, continues to be traded in the narrow band of $ 67,000-70,000. $BTC $ETH
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Memecoin wind in EURO2024: It exploded in a short time! EURO2024, which will be held between June 14 and July 14, hosted by Germany, has begun to wreak havoc on the crypto industry. Mascots, which have been performing in European championships since 1980, make organizations more entertaining. UEFA launched a survey on its website to determine the name of the mascot before the championship, and the results were announced on July 3, 2023. Albert, who received 32 percent of the votes after voting among UEFA.com users and children across Europe through the UEFA Football in Schools program, was first introduced to German fans in Gelsenkirchen in June 2023. With exactly ten days left in EURO2024, a memecoin called ALBART in the Solana ecosystem has taken direct action. ALBART, which was traded at $0.004451 on May 28, gained upward momentum as the tournament approached. ALBART, which increased by 637 percent in just four days compared to its first boom price, seems to be making a name for itself for a while longer with EURO2024.
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Memecoin Move from Celebrities: Huge Growth in Solana. By launching tens of thousands of memecoins on Solana every day, Pumpfun revenue has grown to over $30 million. The Memecoin trend is quite strong. Perhaps what's most exciting is that celebrities are jumping back on the crypto bandwagon. Many celebrities have become interested in crypto again, just like in 2021 and 2022, when the bull market was at its peak. The topic that attracted celebrities to the cryptocurrency market again was memecoins. Memecoins, which have been wreaking havoc on the industry for a while, have virtually absorbed the money flow in the market. Caitlyn Jenner recently burst onto the scene and launched her own token on Pump.fun, promoting it on both her X and Instagram. Many people thought the accounts had been hacked, but she posted a video seemingly confirming that she was behind the post. Jenner later also launched the token on Ethereum and used the fees collected from there to support Trump. Rapper Iggy Azalea also independently launched the MOTHER token on Solana. Although it seems that only Jenner used Pump.fun for her Solana memecoin, interest in the platform is increasing day by day. Despite being hacked less than two weeks ago, Pump.fun managed to recover and had its highest revenue day on May 30, bringing in $1.48 million. If the bull season in Memecoins continues, the volume in Pump.fun may increase exponentially. However, crypto investors must be careful when trading. $BTC $SOL $MEME
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The 11-year-old Bitcoin whale woke up: Breathless! The 11-year-old Bitcoin whale woke up: Breathless! A #Bitcoin whale that has been inactive for more than 10 years took action as of yesterday. On June 3, 2024, an organization with eight wallets registered in 2013 transferred 200 #BTC , equivalent to approximately $13.87 million, revealing a new Bitcoin whale from the early days of the industry. Blockchain analysis data reveals that 200 #BTC were purchased between mid-February and late March 2013, when the average price was between $25 and $35. Looking at the returns of cryptocurrencies today, investors are richer by 197.785 percent of their money against the US dollar; This is a testament to Bitcoin's growth potential over the last decade. $BTC $ETH $BNB
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🧙‍♂️Renzo's (#REZ ) official X account was hacked. •Please do not click on shared links.
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