🖨️ $500,000 by 2029

Author

Andrada C.
June 21, 2024 • Reading Time:4 minutes

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Good morning,

Let’s wrap up today news.

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Save time on researching the crypto market:

💰Bitcoin

  • MicroStrategy acquires 11,931 BTC with a $786 million investment in Bitcoin. (link)
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  • US spot bitcoin ETFs have lost $140 million. (link)
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  • Bernstein, analysts reaffirm Bitcoin price targets: $500,000 by 2029, $1 Million by late 2033. (link)
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  • Germany starts selling its massive Bitcoin holdings, sparking concerns about volatility. (link)

🚀 Altcoins

  • Crypto advocate Michelle Bond establishes new think tank aimed at shaping regulations for digital assets and AI. (link)

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  • Kraken CEO suggests Biden administration is becoming more accepting of crypto. (link)
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  • Ethereum options indicate a resurgence of market optimism. (link)

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  • Gemini introduces initiative to fund campaigns for pro-crypto candidates. (link)

📈 Trading

  • Ethereum declined by 0.74%. (link)

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  • ZRO token falls 17%. (link)

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  • Cryptocurrency markets decline as technology stocks falter. (link)
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  • Santiment's Bitcoin social sentiment indicator has turned red as Bitcoin's price hovers around the $65,000 mark. (link)

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.