BTC price gets a $31,000 boost, but like last week, Bitcoin bulls fail to hold it — is this classic "re-accumulation?"

BTC price gets a $31,000 boost, but like last week, Bitcoin bulls fail to hold it — is this classic "re-accumulation?"
Analysts predict that Bitcoin’s next pre-halving rally could begin in the next four months.
China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again.
The Ordinals Protocol is generating a circular digital economy where assets are priced, bought and sold via Bitcoin.
Investors who have dollar-cost-averaged into Bitcoin over time are profitable regardless of when they began implementing the strategy.
The researchers also determined that “news sentiment” is a much less effective predictor of cryptocurrency returns.
The weakness in the U.S. dollar index bodes well for Bitcoin and the altcoins in the near term.
According to Grayscale, the Volatility Shares ETF was an “even riskier" product than Bitcoin futures ETFs, suggesting the SEC should allow its spot crypto ETF to begin trading.
Bitcoin miners will hoard BTC and drive up prices in the process, with BTC price due to tap $50,000 this year as a result.
Senior Coinbase executives, including CEO Brian Armstrong, have been selling their COIN shares amid the stock’s growth over the past month.
Buterin also lauded the recent rise of Ordinals and believes it has brought the builder culture back to the Bitcoin ecosystem.
Switzerland continues to drive Bitcoin adoption despite well-developed traditional financial infrastructure.
Bitcoin is proving that everything is bullish but BTC price action this week, with network fundamentals and accumulation data in "up only" mode.
Bitcoin is selling for just over $27,500 on Binance.US, a nearly $3,000 discount from global spot prices.
SOL, AVAX, FIL and EOS price are beginning to look attractive, especially if Bitcoin opens the week with a renewed attack on the $31,000 level.
The recent investment disclosure contrasts with his claims in May that he was not an investor in Bitcoin.
Bitcoin is a must-own as the world's only truly scarce asset, analysis argues, as U.S. BTC accumulation takes a leg up.
18-year-old Gerardo Moran explained in a series of tweets his journey back to his former high school in El Salvador, where he is now teaching the concept of Bitcoin to senior professors.
Marathon Digital also noted that the decrease in transaction fees for June was not a cause for concern, highlighting that Bitcoin Ordinals had provided a boost in the previous month.
BlackRock’s PR campaign for a Bitcoin ETF, Gemini’s fight with DCG over Earn program funds, and CEX employees’ sentiment.
