Arkham analysts confirm the transfer of 3,940 BTC to Coinbase from a US Government address. The initial data turned out to be correct, and those who could not find confirmation from#Arkhamwere looking at the wrong address. Assets were transferred from the address, which now holds 213,546 BTC worth $13.460 billion. A small part has been sold.
The US government sent#BTCto Coinbase a day after receiving judge approval for the sale. The next confiscated BTC goes under the hammer into the market. But it doesn't look like this has caused significant problems for the bulls (yet).
$BTC

X discusses a rumor about the US government allegedly transferring 3,940 BTC ($241 million) to Coinbase. With a link to transaction data from the mempool website. space.
At the same time, users indicate that there is no movement on the US Government wallet page on the#Arkhamwebsite.
Another FUD for now. The#BTCrate on the news dropped below the volume level of $61,231 and the level of $61,000.
$BTC

Each time after the Bitcoin FUD Mt Gox in 2023-2024, the BTC rate went to a new high. At least a couple of times - through a drawdown with additional liquidity.#Bloomberganalysts point to this in their publication.
Let us remember that#MtGoxwas one of the first crypto exchanges and was hacked in 2014 for 850,000 BTC. Now Mt.Gox has 142,000#BTCand 143,000#BCHleft to pay out. 
At the end of May this year, they confirmed that they were preparing to pay off most of their debts in cryptocurrency. And on June 24, the market was informed by the news that Mt Gox announced the start of payments in BTC and BCH from July.
Next - another upward surge in prices?
$BTC

After seven days of outflows, inflows finally appeared from June 25 spot Bitcoin ETFs. 
Modest, only +$31 million.#Farsideanalysts give details - the situation was brought to a head, first of all, by the purchases of the investment giant #Fidelity. And #Grayscale’s sales are not as large as they could be. Plus, besides them, in principle, only#ArkInvestsold. Unlike previous days with massive sales from issuers.
Many, including #BlackRock, have 0 again. Moreover, this is the third working day for BlackRock with 0 in a row. And the fifth since June 17. But they are holding on to their 305,612 BTC worth $18.936 billion.
The likelihood of a full transition to shopping is still illusory. But it's worth following the trend. Yesterday, in a review of Bitcoin ETFs, they wrote that on June 24, American issuers of Bitcoin ETFs were selling when they fell, while all Hong Kong issuers were buying.
By the way, #SpotOnСhain analysts, having studied the data of 30-day dynamics of flows into spot Bitcoin ETFs, concluded that Wall Street players in the#BTCstory are making a classic mistake, buying at highs and selling at lows 😁
$BTC

The German government continues to dump BTC on crypto exchanges. This is evidenced by on-chain analytics data from #Arkham.
Today we are talking about transferring Arkham 250 BTC (about $15 million) to the Bitstamp and Kraken exchanges. And another 500 BTC to an unknown wallet. Also, after a test transaction, 345 BTC was transferred to the market maker’s address. Flow Traders.
Yesterday, 200 BTC were sent to the Coinbase and Kraken exchanges, and 500 BTC went to the same unknown wallet. 
Earlier on June 19, the German government transferred 6,500 BTC (worth $425 million). Also to the Kraken and Bitstamp exchanges and to an unknown wallet.
Currently, there are still 45,264 BTC worth $2.785 billion left in this German government wallet. At the same time,#BTCtransfers to it are periodically made from another wallet, also marked as the wallet of the German government.
Judging by the pace of sales, we can’t expect any dumps from Germany. The topic can be used as FUD, but nothing more. And this is not on the scale of Mt.Gox.
More important is the fact that Germany seems to be trading Bitcoin with might and main. For now, however, she is only selling what she got for free. Let us recall that in January of this year, German authorities confiscated 50,000 BTC associated with the operation of the pirate site Movie2k. to in 2013. Which made them a major holder of the main cryptocurrency.
$BTC

BTC repeats the fractal from 2014-2017 with the proximity of the 200 day EMA and consolidation at the previous ATH. This is indicated by crypto trader and blogger Mustache (125.4 thousand subscribers in X):
“Whether it was 2017 or 2021, both results would be great for the crypto market, but when I look at BTC's steepness, it looks very similar to 2017. 
- Close to 1D EMA 200
- Consolidation near the previous ATH
If you look closely, it doesn't look that bad."
Moustache is known for his consistently bullish sentiment (and looking at the#BTC2024 chart, it's hard to blame him for that). Comparing fractals in this situation is quite correct. Although prices and capitalization then and now are not comparable.
Even if the low of the last days on the#BTCchart is rewritten again before growth, this does not negate the similarity and likelihood of such a scenario happening.
$BTC

The MVRV indicator signals a possible reversal in the BTC price and time to buy the bottom. Trader and cryptanalyst Ali Martinez (65.5 thousand subscribers in X) came to this conclusion by analyzing#Santimentdata:
“Since February 2023,#BitcoinMVRV has dropped below -8.40% four times, causing $BTC price spikes of 63%, 100%, 92% and 28%. 
Currently, with#BTCprice below $60,000 and MVRV at -8.96%, this could be the perfect time to buy the dip!”
Martinez and his estimates of MVRV (this is an indicator of the ratio of market capitalization to realized) are worth listening to, if only because on March 5, analyzing this indicator, he gave an estimate - MVRV came to levels from which historically BTC received a dump of 24-55% . The decline, we recall, began on March 14 and from the high on that day to the low on May 1 amounted to -23.6%.
$BTC

Bitget and Foresight Ventures will allocate $20 million for the development of the TON ecosystem. A release about this was published today. Quote:
“…The TON Ecosystem Fund aims to support early-stage TON projects and provide liquidity on the#Bitgetplatform. The initiative aims to take advantage of TON's projected growth in 2024, fueled by Telegram's 900 million monthly users. Over the past two months, the total value locked in the TON ecosystem has increased fivefold and reached $600 million..."
Earlier at the end of last week, Pantera Capital announced that it had raised capital for a second investment in TON. And in May it was reported that the Pantera Capital fund made “the largest investment in its history” in TON. Which then supported the#TONCOINcourse quite well. The amount was not mentioned, but it was assumed that it was about $250 million. 
Judging by the charts and news,#TONand#NOTcan warm up/support for going to new ATHs. Although the latest daily candles for#TONCOINlook ambiguous - the upward structure there still remains. Well,#NOTCOINwas already sorted out yesterday and today, opening a deal.
$NOT

Trading platforms continue to squeeze Tether out of the European market. This time, the#Bitstampcrypto exchange announced the delisting of the#EURTstablecoin in the EU on June 30th. That is, in 4 days.#DLNewsreports. #EURTis a stablecoin pegged to the euro, the issuer of which is #Tether.
The reason is still the same - the introduction of new crypto regulations (MiCA) and the desire of trading platforms to comply with them.  Under the MiCA system, stablecoin issuers in the EU must be licensed as electronic money institutions (EMIs) or credit institutions.
Earlier in March, the#OKXcrypto exchange already announced the delisting of trading pairs with USDT in EU countries. For the same reasons. And in May, the Kraken crypto exchange announced that it was considering the possibility of delisting USDT in the EU. Binance, a top exchange, also recently announced similar MiCA compliance measures. The New York crypto exchange#Upholdwill stop supporting six stablecoins in Europe from July 1 - #USDT, #DAI, #FRAX, #GUSD,#USDPand #TUSD.

The deal opened yesterday on NOT is +11.4%, important resistances have been broken. In particular, EMA 50 of the four-hour TF (now at $0.015423), a downtrend from the ATH on May 16, volume level of $0.015978.
Fixing the#NOTprice above these three supports will confirm the continuation of the spot deal. On the daily TF, an ascending structure of candles has emerged with growth, if it persists, until July 2-3.
Yesterday's growth on the daily TF formed for June 23-25, albeit with conventions (a remarkable shadow on top of the daily candle), the “Morning Star” reversal pattern. This is +1 argument for continued growth.
Locally, today or tomorrow we may see a correction or range. There is a signal for this on the four-hour time frame. It is important to maintain the ascending structure during the day. In general, while the price is above EMA 50 of the four-hour timeframe, working out the setup is definitely a priority.
Adding to the positive news, Notcoin reported burning $3 million worth of unclaimed NOTs. Although, of course, this is not the volume that could significantly move the course.
94.18% of NOT emissions are in the hands of 11.5 million people. And 5.82% remains with the team.
ps:#IDwere going to buy, but postponed for now. We are waiting for a clearer picture for ourselves.
$NOT

Important events for the crypto market on June 26 from the economic calendar. For the whole day, in fact, there is only one:
- 23:30 Kyiv time and Moscow time / 01:30 new day Astana time - Results of stress testing of banks conducted by the US Federal Reserve. Important for assessing the situation in the US banking sector. News from which, as last spring already showed, can bring significant movements to the crypto market.
During the day there will also be data on the US real estate market. But they extremely rarely bring increased volatility to the crypto market.
Today is one of the quietest macroeconomic days of the entire week.

Santiment analysts point to a surge in social volume and dominance of the word “bottom” among traders. Moreover, we are talking about one of the strongest surges in 2024. 
The#Santimentgraph shows what happened after similar surges in the spring of 2024. Just during the range period. In one case out of six, the market received a “second bottom as a gift.” But in general, such sentiments led to at least short-term growth, which made it possible to enter into transactions with relatively comfortable stops.

VanEck has filed a Registration Form 8-A for its Ethereum Spot ETF with the US SEC.#Bloombergsenior ETF analyst Eric Balchunas recalls that#VanEcksubmitted this form a week before the start of trading in spot Bitcoin ETFs in January. And Balchunas’s forecast, let us remind you, is that the start of trading in spot Ethereum ETFs will be on July 2.
Altseason, are you on the threshold? 👀
$ETH