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🇪🇺European Region annual inflation rate announced: •Disclosed: 2.4% •Expectation: 2.4% •Previous: 2.4%

🇪🇺European Region annual inflation rate announced:
 
 •Disclosed: 2.4%
 •Expectation: 2.4%
 •Previous: 2.4%

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📢 El Salvador President Nayib Bukele has proposed establishing a private investment bank to provide financial services to Bitcoin investors and reduce the restrictions of traditional banks. •The bank will allow investors to trade in both US dollars and Bitcoin.

Australia's IBTC Bitcoin ETF Gains Momentum at 46 BTC Amid Market Consolidation Signals. Australia's recently launched #Bitcoin ETF, IBTC, has garnered significant attention, accumulating 46 BTC since its launch. This growth highlights the growing confidence of Australian investors in Bitcoin and other cryptocurrency investments. The ETF's rapid Bitcoin accumulation reflects a strong start, showing a growing appetite for crypto-based financial products in the region. Technical Indicators Point to Potential Market Movements Market analysts pay attention to the Choppiness Index, a technical indicator that measures market volatility. This indicator is approaching levels seen when Bitcoin reached major cycle peaks with high trading volumes. Current readings highlight an upcoming expansion phase, suggesting that Bitcoin may enter a phase of significant price movements. Despite these promising indicators, #Bitcoin is having difficulty breaking out of its current price range. Cryptocurrency analyst Julian Fahrer states that while this may seem discouraging, it could actually be beneficial for Bitcoin's overall market cycle. According to historical data, Bitcoin did not make a significant rise early after the halving. Such a breakout could shorten the bull market cycle; Therefore, ongoing consolidation may be aligning Bitcoin's price with historical halving cycles, setting the stage for a more traditional and sustainable bull run. Currently, Bitcoin price is $66,319.85 with a 24-hour trading volume of $26,331,930,496.64. This represents a price decrease of 0.85% over the last 24 hours and a decrease of 4.30% over the past week. Market analysts and investors should note that these short-term price changes are typical during consolidation phases and can pave the way for future growth in line with historical patterns.

TON ATH made: Mobility is increasing in Notcoin (NOT). With the recent increase of Toncoin (TON), Notcoin (NOT) has increased by over 15 percent and set its sights on ATH. NOT is the token on the #TON blockchain distributed via airdrop to users of the popular Telegram-based “tap-to-earn” game. The game has proven to be extremely popular, to the point that Telegram CEO Pavel Durov wrote about the game and praised its level of engagement. NOTE, which was pumped up when TON surpassed $ 8, attracted great attention. Both price increases occurred amid the growing popularity of various other Telegram-based “x to win” games such as Hamster Kombat and Yescoin. Many of these games claim to have tens of millions of participants worldwide, but it is unclear to what extent bots are increasing these numbers. The popularity of the games and the ease of registering, obtaining wallets, and participating in them undoubtedly strengthens the TON blockchain activity and statistics. Some statistics report that the number of daily active wallets on the TON blockchain exceeds Ethereum. However, these statistics do not include Tier-2s. According to Tonstat, the number of daily active wallets on the #TON blockchain is currently over 547,000 and is in a clear upward trend.

📢 Ark Invest (ARKB) ETF experienced an outflow of $48 million. On June 14, spot Bitcoin ETFs experienced an outflow of $190 million. 🧙‍♂️ BlackRock's (#IBIT ) Bitcoin ETF saw $1.5 million in inflows. 🧙‍♂️ Grayscale (#GBTC ) Bitcoin ETF experienced an outflow of $52 million. 🧙‍♂️ Fidelity (#FBTC ) Bitcoin ETF saw an outflow of $80 million.

🚨 ETF Analyst Eric Balchunas expects Ethereum ETF S-1 approvals to be issued by July 2.

Legfrissebb hírek

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Australia's First Bitcoin Spot ETF Accumulates 46 Bitcoins Since Launch

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