Bitcoin

Anthony Pompliano, the founder of Pomp Investments, spoke about BlackRock's Bitcoin ETF application and said that the race for Bitcoin has begun.

When the daily price chart of Bitcoin is examined, the upward movement that has been going on for the past week stands out. However, if BTC cannot surpass the resistance zone of $30,500 - $31,000, it may face a risk of decline, and the level of $28,600 stands out as an important support.

Jerome Powell, the Chairman of the Federal Reserve (FED), acknowledged that stablecoins are a form of currency and emphasized the need for strict regulation and oversight by banks. Speaking at a biannual session on monetary policy, Powell expressed his concerns about the upcoming legislation to be voted on in July, highlighting the importance of a strong federal authority in regulating the sector to avoid negative consequences for the economy.

Crypto competition among institutions has begun; French banking institution obtains license to offer crypto custody services.

Will the sharp rise in the price of Bitcoin continue as competition begins in Bitcoin ETF applications and pushes the price above $30,000?

Casa, a leading provider of Bitcoin custody services, has announced that it is now offering support for Ethereum as well. The company is actively considering adding support for ERC-20 tokens and NFTs in the future. With this move, Casa has become the first self-custody platform in the world to offer services for both Bitcoin and Ethereum.

Bitcoin has finally broken the $30,000 barrier after a prolonged period of fluctuation since April. The world's largest cryptocurrency by market value saw its price rise by 5.95% in the last 24 hours, reaching $30,003, according to TradingView. This increase led to the liquidation of approximately $27 million from exchanges.

CleanSpark, an American Bitcoin mining company, has acquired two mining facilities in Dalton, Georgia for $9.3 million.