June 21 (Cointime) - Bitcoin is facing a difficult week as conflicting monetary policies and investor sentiment put it in the crossfire of macroeconomic decisions. The Bank of England and the European Central Bank are both expected to implement rate hikes, which could have a negative impact on risk-on investments, including crypto. However, the digital asset market is still relatively young and volatile, and emerging narratives could sway it either way. The situation is further complicated by contrasting stances in different regions, with China's rate cuts potentially perking up the crypto market while any economic stagnation in the US could negatively impact it.

June 20 (Cointime) - A survey conducted by Laser Digital, a digital asset business backed by Nomura, found that 96% of professional investors are interested in investing in crypto.

June 20 (Cointime) - Media outlets, including the BBC, falsely reported that social media influencer Andrew Tate had $300 million worth of Bitcoin seized due to a Google translate error.

June 20 (Cointime) - Bitcoin has seen a 15% decline from its yearly peak due to regulatory actions against Coinbase and Binance crypto exchanges, as well as the Federal Reserve's hawkish forward guidance. Nonetheless, Bitcoin is still up 60% year-to-date and is holding above a technical support level of $25,000.

June 20 (Cointime) - Raoul Pal, former Goldman Sachs executive and Real Vision CEO, has suggested in an interview with YouTuber Tom Bilyeu that the US and UK governments may have created Bitcoin. Pal believes that the pseudonymous founder of Bitcoin, Satoshi, was actually a group of government employees from the US National Security Agency and the UK’s Government Communications Headquarters.

June 20 (Cointime) - Long-term investors are accumulating Bitcoin at the fastest rate in six months, according to Glassnode's illiquid supply change metric. The number of coins held by illiquid wallets rose to 147,351.58 BTC on Monday, the most since December 19, 2020.

June 20 (Cointime) - Trader Jordan Lindsey believes that Bitcoin's recovery and potential breakout depend on surpassing the $30,000 mark. Other analysts have noted the resilience of Bitcoin, even after a dip below $25,000, and the risk-reward ratio remaining appealing with a low of $25,000 and upward potential above $30,000.

June 20 (Cointime) - After hitting a three-month low last week, Bitcoin's price has risen by 1.6% in the last 24 hours to currently sit at $26,795. The filing by BlackRock, the world's largest asset manager, for a Bitcoin Spot ETF in the US has caused bullish sentiment to return to the market.

June 20 (Cointime) - Cathie Wood, CEO of Ark Invest, has predicted that Bitcoin could reach $1 million by 2030, which would be a 40x increase from its current price of around $25,000.

June 20 (Cointime) - Despite ongoing regulatory challenges and a relatively quiet market, data from blockchain transactions suggest that larger cryptocurrency investors are holding on to their assets during this period of uncertainty.