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Coinbase CEO says "owning #Bitcoin is pro-America." ๐บ๐ธ
"It may extend the American experiment, and western civilization along with it."
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$800 billion Standard Chartered Bank is building a spot #Bitcoin trading desk - Bloomberg
Gradually, then suddenly ๐
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Gemini crypto exchange founders donate 30.94 #Bitcoin worth $2 million to Donald Trump to "put an end to the Biden Administration's war on crypto."
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Marathon is now warming a town of over 11,000 in Finland using heat from #Bitcoin mining ๐คฏ ๐ซ๐ฎ
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Former PayPal President and Lightspark CEO David Marcus says #Bitcoin is a "freight train that can't be stopped." ๐
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๐ SEC Closes Ethereum Investigation, ETH Sales Not Securities
๐ The SEC has concluded its investigation into Ethereum 2.0, determining that sales of ETH are not securities transactions. This follows a request for clarity from Consensys after the approval of ETH ETFs.
๐ Following the news, Ethereum surged over 4%, positively impacting the broader crypto market, though Bitcoin fell by 0.74%.
๐ Consensys celebrates this
as a major win for Ethereum developers and the industry, marking a significant moment for blockchain innovation in the U.S.
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๐ธ $779 billion Bernstein says #Bitcoin ETFs about to be approved at major financial institutions.
Are you prepared? ๐
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๐ Large nonprofit org that helps families build homes, Habitat for Humanity, now accepts #Bitcoin donations ๐
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๐ Whales are sending #Bitcoin to exchanges post spot $BTC ETF approval. While the ratio of whale balances is below the May 27 year-to-date high of 87%, they remain about 50% of the total exchange supply
๐กLetโs examine other factors impacting #BTC supply ๐งต
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๐ฃ Bitcoin ETF Gains Approval in Australia: VanEck
๐ Australia has granted approval for a Bitcoin ETF to be listed on the Australian Securities Exchange (ASX), marking a significant milestone in the mainstream adoption of cryptocurrencies. VanEck, a global investment manager, will launch this ETF, providing investors with a new avenue to gain exposure to Bitcoin
๐ผ The approval is seen as a major step forward for the Australian financial market, allowing institutional and retail investors to participate in the crypto market through a regulated platform. This move is expected to drive increased investor interest and enhance the legitimacy of Bitcoin as an asset class
๐ฏ The ETF will enable investors to gain exposure to Bitcoin without the need to directly purchase and store the cryptocurrency, thus reducing associated risks and complexities. This development highlights the growing acceptance and integration of digital assets within traditional financial systems
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