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According to Anthony Pompliano, AI and other breakthroughs in technology are going to spur the adoption of Bitcoin, which will disrupt virtually every industry imaginable. The deep tech investors think that the AI will generate vast amounts of money and Bitcoin will assist in protecting this money. HIGHLIGHTS Stone Road’s Anthony Pompliano has said that

Bitcoin futures cash and carry trades have dropped significantly as annualized premiums fell from 10% to 6%. BTC’s price may decrease to $60,000. Highlights The profitability premium of bitcoin futures cash-and-carry trades has gone down from 10% to 6%. There may be a shift among bitcoin traders in response to the sharp decline in profitability.

The Winklevoss twins, who are co-founders of Gemini, have each contributed $1 million in BTC to Trump’s campaign in support of his pro-crypto stance for the 2024 election. Highlights The Winklevoss twins donate $2 million worth of Bitcoin to Trump’s campaign as they endorse his pro-crypto stand. Trump’s Cryptocurrency Policies align with Biden’s Regulatory Approach

According to market analyst Ali Martinez, the Bitcoin ETF price top could be delayed until later this year. Bitwise amended the S-1 of its Ethereum ETF after consulting with the SEC. This disclosed a $2.5 million seed investment and Pantera Capital’s interest. HIGHLIGHTS Bitcoin Drawdown Persists Amidst Spot ETF Sell-offs. Market analyst Ali Martinez predicts

Today, the price of bitcoin has risen to $67,252 after revisiting the earlier low point of $65,088, where it had been plunged into a bearish trend; however, there was a bounce-back that followed. At the moment, BTC’s resistance is too strong for a bullish market. Bitcoin’s Dominance Surges The dominance of Bitcoin continues to rise

Top Meme Coins: Bitcoin is going through a negative trend along with a bloodbath of meme stocks. Over the last 24 hours, Bitcoin has been traded at -3%, Ether slumped by 3.7% and Solana by 3.7%. The pressure on popular meme coins has also extended into the current period of selling pressure. Dogecoin plunged by

The price of Bitcoin has been surging and it is expected to test $70,000 again as the US Federal Reserve maintains the rate. HIGHLIGHTS The US Federal Reserve has maintained its rate unchanged against market expectations. A possible jump in Bitcoin beyond the $70,000 mark MarketWatch: Spot Bitcoin ETF Influence Still a Must-watch For Investors.

As of now, BTC Price is at local duration and is at a very crucial juncture as it has been moving side by side with $71,000, where it has a main barrier of $72,000. The latest actions made by the European Central Bank (ECB) which reduced interest rates for the first time in four years,