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Bitcoin ETFs have 4-8X more BTC price influence than miners — Research

Bitcoin miners’ “market influence” pales in comparison to the ETFs and exchanges when it comes to BTC price pressure, says Glassnode. Source link

Bitcoin Runes protocol sees sharp decline in popularity

The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance. Source link

OKX selects Malta as MiCA hub for EU crypto compliance

OKX selects Malta for its MiCA hub, leveraging its existing VFA Class 4 license and regulatory infrastructure for expanded EU crypto services. Source link

Bitcoin price hits bull market trendline that last sparked 30% gains

Bitcoin practically reclaims the short-term holder realized price, bringing with it both their breakeven point and the odds of significant BTC price upside. Source link

Charles Hoskinson rejects Vitalik Buterin's view on pro-crypto voting

This clash of views comes as the 2024 U.S. presidential election approaches, with significant implications for the future of cryptocurrency regulation in the country. Source link

BlockFi confirms July start for interim crypto distributions

BlockFi clients are to note that client communications will exclusively occur via official email channels. Source link

Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’

The “next leg” could push Bitcoin’s price as high as $110,000 as the cycle low has kicked in, according to several crypto traders. Source link

Bitcoin holders falling by 670K is a good sign for rebound: Santiment

The trend could suggest investors aren’t confident enough to come back into the market yet, which only increases the chances for a rebound, says the analytics firm. Source link

Judge nods Robinhood’s $9M ‘refer-a-friend’ lawsuit settlement

Robinhood has settled a long-running class-action lawsuit in Washington that involved unsolicited text spamming via its ‘refer-a-friend’ program. Source link

Trading on crypto exchanges fell for 3rd month straight in June: CCData

Combined spot and derivatives volumes on centralized crypto exchanges fell 21.8% in June as crypto exchanges continued to tussle for market share. Source link