1. **Spot ETF Outflow Streak Leaves BTC at Sub-$65,000**:

- US private-sector PMIs on June 21 could impact September Fed rate cut bets. A strong US S&P Global Services PMI could extend BTC-spot ETF outflow streak.

2. #Bitcoin Price Update
- Bitcoin (BTC) has lost 0.25% of its value in the last 24 hours and is currently trading at $65,263.49. It's down by 3.08% from last week.

- Ethereum (ETH), the second most popular token, has gained 0.27% from yesterday and is trading at $3,569.21. Over the previous week, it's up by 2.01%. The market capitalization of Ethereum stands at $436.13 billion

3. **German Government’s Bitcoin Transfer and MicroStrategy**:

- MicroStrategy acquired an additional 11,931 BTC, bringing its holdings to 226,331 BTC. Following this move, Bitcoin's price rebounded to $66,000, but FUD from the

#German government's sale of 2,000 BTC may have sent the top digital asset's price back to the $64,000 level.

#Bitcoin #eth

"Bitcoin's price has seen a slight decrease of 0.25% over the past day, settling at $65,263.49. Compared to last week, it's down by 3.08%.

Meanwhile, #Ethereum , the second most popular cryptocurrency, has increased by 0.27% in the last 24 hours, trading at $3,569.21. Over the past week, Ethereum has risen by 2.01%, with its market capitalization now standing at $436.13 billion.

There's an interesting correlation between #Bitcoin and gold lately. Analysts are keeping a close eye on how Bitcoin tends to either peak alongside gold or slightly before it.

Looking at Bitcoin's #price trends, despite dipping to $65,200 recently, experts suggest there's potential for it to bounce back up to $74,000 soon."

Here are today's top 5 #news highlights:

1. Nvidia claims the title of the world’s most valuable publicly traded company.
2. #Bitcoin #NFTs exceed Ronin in historical sales.
3. #SOL drops to its lowest point in 45 days; will it rebound at $130?
4. Despite Bitcoin's price dip to $64.3K, top traders maintain a bullish outlook.
5. CleanSpark Inc. acquires 5 mining facilities in Georgia.

New York Attorney General Targets Crypto Fraud: Letitia James, the New York Attorney General, is cracking down on crypto scams, with Gemini facing a $50 million fine for a misleading lending program and a ban on further lending activities in the state
#GeminiListing #geminiearn

The ZKsync project airdropped its "ZK" token, leading to an initial market cap of nearly $800 million.
#airdrop

Cryptocurrency prediction markets are seeing action with bets on whether Trump and Biden will shake hands at an upcoming debate

#crypto #btc

WOOFi #Exchange Success: Cross-chain decentralized exchange (DEX) WOOFi reported record-breaking 24-hour trading volumes, indicating a growing interest in DEXs

The overall #crypto market is experiencing a lull after a weekend uptick, with a slight decline of around 3%
#bitcoin

#btc #bitcoin #news follow visit coinroop.com for more Crypto update

At the BTC Prague conference, a spokesperson for Deutsche Telekom, a German telecommunications company, revealed intentions to venture into Bitcoin mining.

MicroStrategy, a business intelligence firm listed on Nasdaq, has finalized the pricing for a $700 million debt offering maturing in 2032. The funds are earmarked for additional Bitcoin acquisitions, surpassing their initial target of $500 million.

The cryptocurrency sector has experienced a decade of significant venture capital inflows, with recent investments boosting the total funding to over $100 billion amid a surge in cryptocurrency market activity.

#btc #bitcoin #news

- Bitcoin is being discussed as the leading asset in the cryptocurrency market, with many considering its potential to revolutionize financial systems.

- There's a focus on Bitcoin's price movements, with some reports discussing its recent lows and others highlighting its recovery and price predictions.

- Influential figures like Robert Kiyosaki are sharing their forecasts on Bitcoin's future, contributing to the ongoing discourse about its market trajectory.$BTC

1. #Bitcoin 's Value Fluctuation**: Bitcoin has seen a slight decrease of 0.69% over the last 24 hours, trading at $66,269.44, which is 4.30% lower than the previous week. #BitcoinPrice #CryptoMarket

2. #Ethereum 's Market Position**: Ethereum has increased by 0.28% from yesterday and is currently trading at $3,511.53, despite being down by 4.48% compared to last week. Its market capitalization stands at $421.89 billion. #EthereumUpdate #MarketCap

3. #Cryptocurrency as a Global Currency**: The journey of cryptocurrency from its inception in 2009 with Bitcoin to becoming a potential global currency is highlighted, emphasizing the role of blockchain technology. #CryptoCurrency #GlobalCurrency

4. **Bitcoin Falls Below $67,000**: Bitcoin's price dropped below the $67,000 threshold as investors consider the future of US interest rates following the Federal Reserve's rate-cut expectations moderation. #BitcoinDrop #FederalReserve

5. **Daily Crypto Trends and Events**: Stay updated with daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3, and crypto regulation for insightful analysis and commentary. #CryptoTrends #BlockchainNews

Forbes claims that former #Binance CEO #Changpeng Zhao is the 24th richest person globally due to his multi-billion #BNB token trove

The Japanese FSA issued a warning to LBank Exchange on June 14, saying that it was not registered to provide cryptocurrency transactions. It has also warned Bybit, MEXC, Bitget, and Bitforex

Bloomberg analyst Eric Balchunas has disclosed that Ethereum (ETH) spot exchange-traded funds (ETFs) may commence trading in the United States as early as July.

Bitcoin's Resilience Amidst Economic Uncertainty

In the ever-evolving world of cryptocurrencies, Bitcoin continues to hold its ground, showcasing remarkable resilience in the face of economic shifts. As of today, the flagship cryptocurrency, Bitcoin, has managed to maintain its value above the $68,000 mark, a testament to its enduring appeal among investors.

This stability comes in the wake of the US Federal Reserve's decision to hold key interest rates steady, a move that has rippled through the financial markets¹. Despite reaching a high of $70,000, Bitcoin experienced a slight dip, settling around $67,600, reflecting the market's reaction to the Federal Reserve's hawkish stance and the release of lower-than-expected Consumer Price Index (CPI) data.

Market experts suggest that traders and investors are adopting a more conservative approach, possibly securing short-term profits amidst the current market conditions³. This cautious sentiment is echoed by Minal Thukral, Head of Growth & Strategy at CoinDCX, who notes that the community is navigating the market with a heightened sense of prudence.

As Bitcoin continues to navigate these choppy waters, it serves as a reminder of the dynamic and unpredictable nature of the cryptocurrency market. Investors are keeping a close watch on the economic indicators and policy decisions that could influence Bitcoin's trajectory in the days to come.

For those looking to stay informed on the latest developments, it's crucial to follow reliable news sources and market analyses to make informed decisions in this rapidly changing landscape.

---
#BinanceTournament #bitcoin #btc

Coinbase CEO Brian Armstrong engages in discussions with Senators regarding cryptocurrency regulations. Their aim is to establish guidelines to prevent a chaotic crypto environment. 🚀 This development could benefit both investors and companies involved in crypto!
#coinbase #bitcoin #BinanceTournament #BTC #Metaverse

TOP 3 #NEWS Today

1. Terraform Labs and Former CEO Settle SEC Charges: The company behind the failed Terra blockchain, Terraform Labs, along with its former CEO Do Kwon, have reached an agreement to pay a combined $4.5 billion to resolve civil fraud allegations made by the U.S. Securities and Exchange Commission (SEC). #sec

2. Paxos Implements Workforce Reduction: Despite maintaining a strong financial standing, stablecoin issuer Paxos has downsized approximately 20% of its workforce. CEO Charles Cascarilla stated that this decision positions the company to effectively pursue opportunities in tokenization and stablecoins. #PaxosTreasury

3. Coinbase Reports Surge in Web3 Projects: Nasdaq-listed cryptocurrency exchange Coinbase revealed that Fortune 100 companies experienced a 39% year-over-year increase in their Web3-related initiatives during the first quarter of this year, reaching a new peak. #coinbase

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Top 10 crypto news for yesterday

1. #Bitcoin Nears $30,000**: Bitcoin's price surged close to the $30,000 mark, driven by weak economic data from China and declining global yields.$BTC

2. #PayPal Expands Crypto Services**: PayPal announced the expansion of its crypto services to the EU and UK, allowing users to buy, sell, and hold cryptocurrencies directly through their PayPal accounts.

3. #MetaMask Launches Pooled Staking**: MetaMask introduced a new feature that allows users to participate in pooled staking for Ethereum (ETH), making it easier for users to earn rewards from staking.$ETH

4. **Brazil's Largest Bank Embraces Crypto**: Brazil's largest bank expanded its crypto trading services to all customers, allowing them to trade Bitcoin and Ether directly through the bank's platform.

5. #Trump's Crypto Stance**: Former U.S. President Donald Trump expressed his support for cryptocurrencies, stating that he wants all remaining Bitcoin to be "Made in USA" during a meeting with Bitcoin mining executives.

6. **Fidelity Tokenizes Money Market Fund**: Fidelity International announced the tokenization of its money market fund on JPMorgan's blockchain, joining the Tokenized Collateral Network (TCN) to enhance liquidity and efficiency.

7. #Cardano 's Voltaire Upgrade**: Cardano's co-founder, Charles Hoskinson, confirmed that the network is on track for its Voltaire upgrade this month, which aims to enhance governance and decentralization.

8. **ZKSync's Airdrop Announcement**: ZKSync announced an upcoming airdrop of its ZK tokens, with 17.5% of the total token supply set to be distributed to users next week.

9. **DeFi Technologies' New Validator Node**: DeFi Technologies revealed plans to launch a validator node and stake $100 million in Bitcoin (BTC) to support the network and earn staking rewards.

10. **Hong Kong's Crypto ETF Flexibility**: Hong Kong's Finance Secretary highlighted the city's flexibility in accommodating six spot crypto ETFs, aiming to attract more crypto investments and boost the local market.

Yesterday's Top Crypto News (June 11th, 2024)

1. Bitcoin Pullback and Market Jitters:

News:#Bitcoin dipped below $68,000 triggering liquidations as traders awaited key economic data releases (#bitcoin, #BTC, #cryptocrash , #FOMC, #CPI)

2. Institutional Activity:

News: Despite the pullback, Bitcoin saw significant inflows ($2 billion) while Ethereum had its highest institutional buying since March. (#cryptoadoption, #institutionalinvesting, #Ethereum, #ETH)

3. Meme Coin Sell-Off:

News: Meme coins like Dogecoin and Shiba Inu saw a sharp decline, extending losses for GameStop stock. (#memecoins, #DOGE, #SHIB, #GME)

4. Meta Discloses Bitcoin Purchase:

News: Metaplanet, a metaverse project, saw its shares jump after disclosing a $1.6 million Bitcoin purchase. (#metaverse, #Metaplanet, #bitcoinadoption)

5. Ethereum Staking Update:

News: The amount of staked Ethereum (ETH) on the Beacon Chain reached a new high, indicating growing confidence in Ethereum 2.0. (#Ethereum , #ETH , #staking )