📌 Daily Summary
● LIVE TRACKINGIn a significant turn of events, Bitcoin sentiment is shifting as Big Bull Michael Saylor announced a substantial Bitcoin sale, stirring discussions about market strategy. Meanwhile, MARA Holdings disclosed selling a considerable amount of Bitcoin in the first half of the year, indicating a proactive approach in a volatile market. On the altcoin front, Standard Chartered has added a new altcoin to its watchlist, projecting a potential 25-fold increase, while two expert analysts emphasize the necessity of maintaining critical support levels for Bitcoin to avert a further decline. In an unexpected development, Grayscale withdrew its ETF application for three major altcoins shortly after the SEC's swift approval, signaling continued regulatory engagement, while hedge funds have begun to exit short positions in Bitcoin, suggesting a possible shift in market sentiment.
14:46
Strategy, the world's largest publicly traded Bitcoin holder, sold approximately 1,690 BTC worth about $108.6 million last week.
13:43
Bitcoin mining company MARA Holdings attracted attention with its large-scale Bitcoin sales in the first half of the year.
12:44
Standard Chartered has set a year-end 2030 price target of $200 for the popular altcoin Chainlink (LINK).
11:48
Peter Brandt pointed out that downside risks for Bitcoin persist, warning investors about the possibility of another decline.
10:39
US-based crypto asset manager Grayscale has withdrawn its ETF applications for three altcoins: Cardano, Hedera, and Polkadot.
