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Cryptocurrency Inside
⚠️ Crypto News
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🗓 Market updates/insights

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Bitcoin💸 has a larger market cap than the top 3 banks in the world, combined:

• Bitcoin: $1.37 trillion
• JPMorgan Chase: $574 billion
• Bank of America: $311 billion
• IC Bank of China: $268 billion

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💡💡💡: 🇺🇸 Former President Donald Trump says "Bitcoin mining may be our last line of defense against a CBDC."

"We want all the remaining Bitcoin made in the USA!"

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#APPLE
Time to revisit ATH2021: May 2023
Currently up 20% from ATH

#NVDIA:
Time to revisit ATH2021: May 2023
Currently up 263% from ATH

#MICROSOFT:
Time to revisit ATH2021: June 2023
Currently up 28% from ATH

#META
Time to revisit ATH2021: Jan 2024
Currently up 35% from ATH

#GOOGLE
Time to revisit ATH2021: Jan 2024
Currently up 20% from ATH


#BTC is still at the zone of ATH2021 🤨

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📈 Morning Market Overview

Greetings everyone, hope you're enjoying the start of the weekend and getting refreshed !

BTC $66,345
ETH $3,510

Fear Index: 74
Altseason Index: 16
Long/Short Ratio: 51/49
Bitcoin Dominance: 55.51%

📈 Top Gainer:
NOT +11.25%
📉 Top Loser:
INJ -10.69%

Bloomberg's chief analyst mentioned that the S1 form, crucial for the launch of ETH-ETF trading, could be approved as early as July 2. This is expected to bring new liquidity to the market and boost altcoins.

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Last week's summary for spot Bitcoin ETFs in the US saw an outflow of $580.6 million.

Investors began withdrawing capital from BTC-focused spot instruments after 4 weeks.

The market situation is extremely challenging, and it's likely that we won't see anything significant in the market until the end of the summer.

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JUST IN: 🟢 Tether, the world's largest stablecoin launches new synthetic dollar backed by gold.

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JUST IN: 💰 T-Mobile's parent company, Deutsche Telekom, announces plans to mine Bitcoin.

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🇦🇺 The Australian Securities Exchange has approved the VanEck 💰 Bitcoin ETF to start trading on June 20.

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🔵 Coinbase has introduced pre-launch market trading for investors to gain exposure to altcoins before mainstream exchange debut.

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JUST IN: 🇺🇸 SEC Is Dropping Its Investigation Into Ethereum, Consensys Says

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🇩🇪 German government transfers 💰 6,500 BTC to CEX

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JUST IN: 🟣 Kraken alleges a security researcher exploited a bug, withdrawing $3 million in digital assets and demanding a reward.

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🔵 Bitwise has updated the registration form for its spot ETH ETF

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💰 Bitcoin ETF Lists on Main Australian Stock Market for First Time

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🇺🇸 Consensys still plans to pursue lawsuit against US SEC: report

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💡💡💡: 🥇 MicroStrategy has purchased 11,931 $BTC for approximately $786.0M❗️

They now possess over 226,331 $BTC at an average price of $36,798 per bitcoin.

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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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JUST IN: 💰 Michael Dell, 14th richest person in the world and CEO of Dell, posts picture of Bitcoin

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HISTORY: 💰 CNBC holds a "Bitcoin Funeral" at $6,000, 6 years ago. It's up $60,000 since 💀

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