Bitcoin (BTC) trades at around $59,000 on Tuesday after a slight recovery the day before.
Metaplanet and SBI VC Trade announce a strategic partnership to enhance Bitcoin trading, storage, and management. Lookonchain’s data shows that Bitcoin Spot ETF recorded $45.53 million net outflow on Monday. Santiment’s data shows that wallets holding more than 10 BTC have accumulated 33,651 more Bitcoin since June 2. VanEck predicts that Bitcoin could reach as high as $2.9 million per coin by 2050. Bitcoin trades at around $59,000 on Tuesday after a slight recovery the day before.
These wallets have accumulated 33,651 more Bitcoin since June 2, a 0.21% increase in this relatively short time. However, a slight concern is seen in the amount of stablecoin holdings from key stakeholders between $100,000 and $10 million in USDT or USDC that have been sinking during this period. This signifies that during this period, there was a fair amount of swapping between stables and traditional crypto.
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