? VanEck reports surge in Bitcoin interest amid growing institutional, sovereign adoption
VanEck said interest in Bitcoin (BTC) is significantly higher than 12 months ago as institutions and nations continue to push for adoption. According to a Sept. 19 report, the key reasons behind this surge in interest include growing institutional adoption through exchange-traded products (ETPs) and sovereign involvement in mining and global transactions.

Source

https://t.me/Bitcoin_NewsTg

? US spot #bitcoin ETFs rebound to daily net inflows of $158 million; BTC hovers at $63,500
Spot bitcoin exchange-traded funds in the U.S. recorded net inflows of $158.21 million on Thursday after seeing $52 million in net outflows from the day before. Ark Invest and 21Shares’ ARKB led the pack of inflows yesterday with $81.07 million, according to SoSoValue data. Fidelity’s FBTC followed with $49.88 million in net inflows, and Bitwise’s BITB saw positive flows worth $10.36 million.

Source

https://t.me/Bitcoin_NewsTg

*? BREAKING: ?? Federal Reserve cuts interest rates by 50bps for the first time in 4 years.*

? @Cryptocurrency_Inside ✅

? CleanSpark mines 445 BTC in June, exceeds 20 EH/s target with Georgia expansion
CleanSpark mined 445 Bitcoin (BTC) in June and grew its hash rate above 20 EH/s on the back of its recent expansion in Georgia. The mining firm’s June performance results, published On July 2, also described an average daily output of 14.83 BTC and a one-day high of 22.41 BTC. CleanSpark recorded an average daily hash rate of 17.85 EH/s during June, and its current hash rate is 20.4 EH/s — surpassing its mid-year target of 20 EH/s.

Source

https://t.me/Bitcoin_NewsTg

? Standard Chartered forecasts bitcoin could hit all-time high in August
Bitcoin's price could hit a new all-time high in August, followed by an increase to $100,000 by the time of the U.S. presidential election in November, according to Standard Chartered. On Tuesday, Standard Chartered Bank's head of forex and digital assets research Geoffrey Kendrick, said, "a fresh all-time for bitcoin in August is likely, then $100,000 by U.S. election day."

Source

https://t.me/Bitcoin_NewsTg

? Bitfarms reports 21% increase in Bitcoin production amid upgrades and takeover drama
Bitcoin miner Bitfarms reported an increase in Bitcoin production for June following an overall capacity upgrade. According to its latest monthly production report, Bitfarms’s BTC production rose 21% month-on-month to 189 BTC in June, up from the 156 BTC it produced in May. The miner stated that its production was impacted by the curtailment in Argentina and the downtime associated with upgrading its miners in Quebec. However, this was partially offset by a 0.8% decrease in network difficulty compared to May.

Source

https://t.me/Bitcoin_NewsTg

? STHs faced substantial losses as Bitcoin briefly fell below $60kOver the weekend, Bitcoin saw a dramatic drop below $60,000, sparking over $537 million in realized losses predominantly from short-term holders (STHs). This sell-off highlights the volatility and reactive behavior of these market participants, with $441 million of these losses coming from those who had held BTC for a month or less. As the market turmoil unfolded, key on-chain metrics revealed a steep decline in the percentage of STH supply in profit.

Source

https://t.me/Bitcoin_NewsTg

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? Congressman introduces bill to enable federal tax payments in BitcoinCongressman Matt Gaetz (R-Fla.) introduced legislation on June 25 that would require the IRS to begin accepting federal tax payments in Bitcoin. Gaetz emphasized the potential benefits of this “bold move” and said the bill will ensure that the US remains at the forefront of technological advancement. The bill proposes that taxpayers be allowed to use Bitcoin for federal tax payments, which Gaetz believes would “promote innovation, increase efficiency, and offer more flexibility to American citizens.”

Source

https://t.me/Bitcoin_NewsTg

? Bitcoin ETFs see $714.4 million outflow over four consecutive trading days

Farside data shows that Bitcoin (BTC) exchange-traded funds (ETFs) experienced another significant outflow on June 18, amounting to $152.4 million. This marks the fourth consecutive trading day of outflows; the record outflow streak is from April 24 to May 2, which spanned seven consecutive trading days. The current sequence has resulted in a cumulative outflow of $714.4 million.

Source

https://t.me/Bitcoin_NewsTg