July 3 (Cointime) - According to a new report, investors holding 1-100 Bitcoin (BTC) have increased their coin distribution in the past few days due to the overall negative sentiment. An increase in Spent Outputs of these BTC holders usually indicates a potential increase in selling activity by these investors. However, recent data shows that investors holding 1-100 BTC in their wallets may be selling their assets, but buying activity continues to dominate.

July 3 (Cointime) - Bitcoin had an impressive performance in the first half of 2023, with its price surging over 80% to close above $30,000 on June 30, outperforming traditional assets like gold, S&P 500, and Nikkei 225 index.

July 2 (Cointime) - Matthew Hougan of Bitwise has stated that only a few of the many contenders seeking approval from the US Securities and Exchange Commission to launch a spot bitcoin ETF will be successful. Hougan explained that ETFs are generally a "winner take most" market, with the first firm to market usually attracting the most assets under management. Second-to-market ETFs have a more difficult time competing, as they are competing with a larger and more liquid fund. Financial market titans Fidelity and BlackRock have filed alongside smaller brands like Valkyrie Investments, WisdomTree, and Invesco, and there is a possibility that the agency could greenlight all the recent funds that filed to level the playing field.

July 2 (Cointime) - Bitcoin's price dropped by approximately 3% in a matter of minutes on Friday morning, falling from above $31,000 to briefly below $30,000. This sudden dip followed a report from the Wall Street Journal that the US Securities and Exchange Commission (SEC) had deemed the applications for a Bitcoin spot exchange-traded fund submitted by Nasdaq and Cboe on behalf of asset managers like BlackRock as "inadequate". The SEC said that the applications did not provide enough detail on surveillance-sharing agreements and the Bitcoin spot exchanges that the asset managers planned to partner with. Despite this setback, the SEC has said that the exchanges can update their applications and refile.

July 1 (Cointime) - Bitcoin had a volatile trading session on the last day of the quarter, with short-term holders sending over 35,000 coins to exchanges, indicating nervousness among speculators. The SEC returned applications for a Bitcoin spot-price ETF due to a technical issue, causing a knee-jerk reaction, but the downside was limited as asset managers can refile after providing necessary clarifications. Meanwhile, XRP/USDT may drop to $0.41, but this level could attract strong buying from the bulls, and Polkadot's price is being supported by bullish investors attempting to break the overhead hurdle at $5.15. It is important to note that this article is for informational purposes only and does not provide investment advice.

July 1 (Cointime) - Long-term investors are taking their Bitcoin out of exchanges and opting for self-custody, resulting in a 5-year low of BTC supply on exchanges. The total BTC balance across all exchanges is just 11.7% of the total circulating supply, with seasoned investors accounting for nearly 75% of the total supply. This trend may lead to higher prices for future buyers as they will have to persuade long-term holders to sell their holdings. The drop in BTC's liquid supply may be due to concerns about the safety of funds in centralized exchanges and regulatory clampdowns on major entities like Coinbase and Binance.

July 1 (Cointime) - The price of Bitcoin has surpassed $30,000 following the refiling of BTC Spot ETF applications by several traditional financial firms.

July 1 (Cointime) - The US Treasury Department has quietly replenished its cash balance to $500 billion within a month of the Biden-McCarthy debt ceiling agreement, but this has not yet affected the net liquidity of the US dollar.

June 30 (Cointime) - Crypto lender Celsius has been granted permission to liquidate its altcoins as it prepares to distribute funds to creditors solely in bitcoin and ether. The move was approved by Bankruptcy Judge Martin Glenn of the Southern District of New York after discussions with the Securities and Exchange Commission (SEC).

June 30 (Cointime) - Bitcoin HODLers are continuing to accumulate at a rate of 194,500 BTC per month, according to on-chain data from Glassnode. The illiquid supply of BTC, referring to wallets held by entities with little to no history of spending their coins, is also growing at rates near the cycle high.