🔽 Two popes, along with authorities from the US, Germany, and Mt. Gox, contributed to Bitcoin's decline by selling 9,301 BTC. Analysts at Lookonchain discovered two whales sending 9,301 BTC ($563 million) to Binance starting June 27. 🕯 They also analyzed transfer times and found a correlation with Bitcoin price drops. One of the wallets still holds 4,300 BTC.
💥 Pound Sterling remains strong due to the emphatic victory of Keir Starmer's Labor Party. Labor has secured more than 400 seats, with several still to be counted...
▶️ Forecasts for US Nonfarm Payrolls show an increase of 190,000 new jobs, down from the previous figure of 272,000 ✔️ Bitcoin (BTC) is still weak. Bitcoin fell 5.13 percent in 24 hours and 7.18 percent in the week. Currently, the price of Bitcoin is at the level of USD 57,142 or the equivalent of IDR 934 million (assuming an exchange rate of IDR 16,346 per US dollar)
📰 Solana is powered by an application from VanEck and 21Shares to launch a new Solana-based spot ETF. A number of experts believe that authorization of the new device by the US Securities and Exchange Commission (SEC) will take time, as the status of the token has not yet been fully determined. At the same time, the launch of such a contract would be a de facto admission that Solana is not a security.
📈 Bloomberg analysts said VanEck and 21Shares management also expect changes in SEC administration after the US presidential election, and predict that the new SEC management will be more loyal to digital assets. In the future, the launch of Solana-ETH spot will expand the possibilities of institutional investment in cryptocurrency and may become an additional growth driver for the SOL/USD pair.
$BTC BITCOIN Still Weakens After FOMC Minutes 🚀 Bitcoin (BTC) has been showing a downward trend for most of June and early July. The recent rise to $63K has many investors feeling hopeful about the prospects of Bitcoin returning to $70K and possibly setting a new record high. The FOMC minutes will determine the direction of Bitcoin's future movement.