26 Jun 2024
STHs faced substantial losses as Bitcoin briefly fell below $60k
Bitcoin's volatility over the weekend led to a sharp drop below $60,000 on June 24, causing over $537 million in realized losses, primarily affecting short-term holders. Read more
Bitcoin supply in Asia doubles, mirroring 2017 bull run pattern
The year-over-year change in Bitcoin supply held/traded in Asia has seen a sharp increase, reflecting patterns similar to the 2017 bull run. Read more
First Mover Americas: BTC Steadies, but 10% Monthly Loss Questions Nasdaq Rally
Bitcoin steadied but recorded a 10% monthly loss, raising questions about the Nasdaq rally. Read more
German Government Entity Moves $24M Bitcoin to Kraken, Coinbase: Arkham
A German government entity moved $24 million worth of Bitcoin to Kraken and Coinbase, following a larger transfer of $425 million among wallets. Read more
Ether Spot ETFs Could See Lower Demand Compared to Bitcoin Peers: Bernstein
Ether Spot ETFs might experience lower demand than Bitcoin ETFs, with regulatory clarity expected to improve later this year. Read more
Mt. Gox Redemption Fears ‘Overblown’ Say Traders as $10B BTC Holdings Draw Concerns
Concerns about the impact of Mt. Gox's $10 billion Bitcoin holdings on the market are considered overblown by traders. Read more
Mt. Gox to Begin Repayments in July; BTC Slides Under $61K
Mt. Gox will start repaying over 140,000 Bitcoin to clients in July, leading to a slide in BTC prices under $61K. Read more
Japan’s Metaplanet Wants to Buy Another $6M Bitcoin
Metaplanet plans to purchase $6.2 million worth of Bitcoin, funded by proceeds from an upcoming bond issuance. Read more
Ethereum ETF process is ‘going smoothly,’ says SEC’s Gensler
SEC Chair Gary Gensler confirmed the smooth progress of the Ethereum ETF approval process, with predictions of imminent trading approval. Read more
Bitcoin price sees oversold bounce to $62K but will it hold?
Bitcoin's price rebounded to $62,000, but traders remain uncertain if the recovery will hold. Read more
VanEck files form 8-A for spot Ether ETF, approval timeline revealed?
VanEck's filing for its Bitcoin ETF suggests a potential launch window for an Ether ETF. Read more
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