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๐ Analysis: Long-term BTC holders accumulating volume, suggesting they are not starting to sell, per Into the Block. ๐๐
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๐ Bloomberg ETF analyst Eric Balchunas reports that the nine BTC spot ETFs saw a significant increase, reaching $1.2 billion in AUM, adding $3 billion in the first four trading days with a remarkable trading volume of $5.4 billion. BlackRock BTC Spot ETF (IBIT) leads with over $1 billion AUM, followed closely by Fidelity FBTC, and Bitwise BITB holds third place. ๐ผ๐น #Bitcoinworld
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๐ฌ Samson Mow, CEO of Jan3 and Bitcoin advisor during El Salvador's Bitcoin adoption, criticizes JP Morgan CEO Jamie Dimon, stating, "Banks that delay embracing cryptocurrency risk falling behind," emphasizing the need for banks to become Bitcoin-friendly and adapt to the evolving financial landscape. ๐ฆ๐ช #Bitcoinworld
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๐ Inscription platform LessGas receives undisclosed strategic investment from SatoshiLab, aiming to bolster Bitcoin L2 technology expansion and introduce new small to medium-sized dApps. "Significant revenue allocation for dApp developers and the LessGas community," as stated by LessGas. ๐ฐ๐ #Bitcoinworld
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