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All About Bitcoin — June Version
All About Bitcoin — June Version
JP Morgan pivots, SEC backs self-custody and instruments to remain in management
Increase your privateness, and compensate for Bitcoin’s key moments from June!
Welcome to All About Bitcoin!
Bitcoin Value Replace 👀
Let’s begin by taking a look at bitcoin’s worth motion over the previous 30 days.
– Right now: $107,006
– Excessive: $110,269
– Low: $99,139.5
Though it lately dipped, Bitcoin has spent 30 days at $100K+, rewriting the historical past books with a brand new worth report. Is that this Bitcoin’s new baseline worth? Michael Saylor definitely thinks so.
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Bitcoin Buzz: June headlines you might need missed
🟠 61 public corporations maintain 3.2% of all bitcoin
That’s over 673,000 BTC being held by publicly listed corporations, which has doubled previously two months.
Are corporations getting FOMO?
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🟠 JP Morgan to simply accept Bitcoin ETF shares as mortgage collateral
Jamie Diamond, JP Morgan’s CEO, famously dislikes Bitcoin, and but right here we're watching them transfer nearer to accepting that it’s right here to remain, with extra assist for Bitcoin traders.
The financial institution may also now rely crypto holdings in web price evaluations. What’s subsequent?
🟠 Ukraine eyes Bitcoin as a part of its central financial institution reserves
A brand new invoice in Ukraine may enable the Nationwide Financial institution to carry bitcoin alongside gold and foreign exchange.
Bitcoin thrives in unsure environments and helps nations future-proof their financial system. For governments, it’s a sensible method to plan for what’s subsequent.
🟠 SEC’s Paul Atkins: Self-custody is a constitutional proper
“The suitable to self-custody is a foundational American worth.”
Commissioner Paul Atkins has come out in robust assist of Bitcoin self-custody, calling it a foundational American worth.
Whereas it’s nice to see institutional and firm adoption, we’re right here for the liberty that comes from taking management by way of self-custody. No gatekeepers. It’s good to see that that is being protected, even by authorities companies.
Self-custody, examined over time
“My expertise after 4 years”
Ultimate thought:
Sure, it’s good to see corporations, nations, and billionaires again Bitcoin, however do you know that communities throughout eight African nations already use the Lightning Community on fundamental cell phones to purchase their every day requirements?
Economies are being reshaped within the International South. That is the actual revolution!
Observe Trezor Academy for extra on these tasks.
Take management,
Trezor
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All About Bitcoin — June Edition was initially revealed in Trezor Blog on Medium, the place individuals are persevering with the dialog by highlighting and responding to this story.