One of the most prominent reasons for the decline in the price of Bitcoin during the previous days was the German government’s selling of Bitcoin.
The German government had 50,000 bitcoins in its wallet a short while ago, and now the German government has less than 5,000 bitcoins.
The decrease in the number of Bitcoins in the German government’s wallet indicates that the large selling operations of Bitcoin are about to end and that after a period of time the price of Bitcoin will recover through the weakening of the impact of the German government’s selling operations on it.
#Notcoin (#NOT ) rose by more than 8 percent over the past 24 hours and became the seventh currency in the cryptocurrency market in terms of trading volume during the past 24 hours, which exceeded $1.372 billion. #crypto 🚀🔥🚀🔥🚀🔥🚀
There is still pressure on Bitcoin and that is causing the price to fall.
It is very possible that Bitcoin will fall below $53000.
If the Bitcoin price falls below $53,000 in the short term, Bitcoin can be bought quickly.
There is a chance to buy Bitcoin now but if Bitcoin goes down again, then it is very likely that Bitcoin will start a price correction after several losses.
#Crypto According to VanEck, ARK Invest and 21Shares have filed for a spot #Solana ETF to make Solana available for investors to trade on traditional markets. However, there is one important caveat: the #SOL ETF will be terminated if Solana is classified as a security and the sponsors do not meet the regulatory requirements. This will be determined by regulators in the future.
#Solana Foundation today launched a major upgrade that will allow the integration of the #SOL blockchain with any website via a shareable link.
This upgrade could bring millions of internet users to the Solana network in the future, and when this happens, it will make it much more likely that one SOL will cost $1000.
There is a great competition between #Trump and #Biden in the field of cryptocurrencies, and this reflects the importance of this market for Americans.
Trump will talk about his plans regarding cryptocurrencies at the #Bitcoin 2024 conference.
Official approval for #Ethereum trading funds is likely to be issued at the beginning of July, but I do not think that there will be a major price jump for Ethereum...
We will see important and influential events related to the cryptocurrency market in the next month...
The #Binance exchange has integrated the #USDT stablecoin into the #Toncoin network.
This development could have positive implications for both #TON and USDT by increasing the usage and adoption of both platforms and building trust in their respective networks.
British family-owned company Standard Chartered is launching a spot #cryptocurrency trading platform that includes #Bitcoin and #Ethereum , according to Bloomberg sources.
Bloomberg ETF analyst reports spot Ethereum ETFs to launch on July 2.
Founder of Dell, posted a picture of Bitcoin, started a blockchain vote and retweeted Michael Saylor's "Bitcoin is Digital Scarcity."
3iQ plans to launch a #Solana ETF in #Canada and has already submitted an application to the Canadian financial regulator. This is really a smart plan from 3iQ because #SOL has a very good growth. ✅
MicroStrategy has 11,931 BTC for 786 Million US Dollars. Get this MicroStrategy 226.331 BTC.
Tyler Winklevoss, an American investor and founder of Winklevoss Capital Management and #Gemini cryptocurrency exchange, donates $1 million in Bitcoin to Donald #Trump 's campaign. and criticizes the #Biden administration's stance against cryptocurrencies.
Bitcoin miners’ holdings fell to their lowest level since 2010, reaching 1.9 million Bitcoin on 6/19/2024, according to the Intotheblock website.
It is expected that miners will be under pressure to sell more Bitcoin.
But on the other hand, let us not forget that Bitcoin is now at a relatively high price, despite the decline in Bitcoin reserves among miners, but the rise in the price of Bitcoin keeps the value of Bitcoin in dollars high.
It seems that miners are seeking to avoid borrowing even if they are forced to sell some of their reserves.
Therefore, we will have declines in the price of Bitcoin in the short term if large quantities of it are put on the market.
There is no need for any concern in the event of major disturbances in Bitcoin in the short term, because Bitcoin has historically been profitable. 🚀🔥
The Australian Securities Exchange (ASX) recently launched its first spot Bitcoin ETF, which marks an important step for the crypto sector in Australia. This ETF allows investors to invest in Bitcoin in a safe and regulated manner.
Argentina's president supports the use of Bitcoin and other currencies in the economy to promote free competition. Despite economic problems, he wants to institutionalize Bitcoin.
Bitwise Investments has updated its Ethereum-based exchange-traded fund (ETF) S-1 filing with the U.S. Securities and Exchange Commission (#SEC ), disclosing a seed investment interest of $2.5 million.
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