Trump Campaign Crypto Aide Announces Presidential Roundtable on Domestic Bitcoin Mining
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Trump Campaign Crypto Aide Announces Presidential Roundtable on Domestic Bitcoin Mining

David Bailey, CEO of Bitcoin Magazine and Trump campaign cryptocurrency aide, has announced that Former President Donald Trump will participate in a Presidential Roundtable on domestic bitcoin mining as part of its new cryptocurrency-friendly policy. He revealed that big miners from the U.S. would be present at the event without disclosing the list of assistants. […] Source: https://news.bitcoin.com/trump-campaign-crypto-aide-announces-presidential-roundtable-on-domestic-bitcoin-mining/

Report: Speculation Returns as Bitcoin Market Shows Signs of Recovery
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Report: Speculation Returns as Bitcoin Market Shows Signs of Recovery

Glassnode’s latest onchain analysis reveals a resurgence in speculative activity in the bitcoin (BTC) market after months of stagnation. This shift marks a potential change in market sentiment, with both short and long-term holders displaying increased engagement. Mt Gox Preparations Spark New Wave of Bitcoin Speculation Analysts at Glassnode reported the reappearance of speculative behavior […] Source: https://news.bitcoin.com/report-speculation-returns-as-bitcoin-market-shows-signs-of-recovery/

Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice
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Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice

Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per day of hashing power, climbed to $95 per petahash on June 8, marking the highest level since the halving. The increase derived from a rise in onchain fees. However, by the following day, bitcoin fees had substantially decreased, causing the hashprice to […] Source: https://news.bitcoin.com/rapid-fluctuations-in-bitcoin-fees-cause-brief-spike-in-hashprice/

$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total
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$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total

Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experienced a 46.1% increase in its supply. Stablecoin Market Swelled Last Season; USDE Climbs to Fourth Largest Dollar-Pegged Token While […] Source: https://news.bitcoin.com/16b-injected-into-stablecoin-economy-in-90-days-tether-claims-69-of-total/

Polymarket Bets Show Growing Confidence in Trump’s Election Victory Over Biden
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Polymarket Bets Show Growing Confidence in Trump’s Election Victory Over Biden

Ten days ago, after former President Donald Trump was convicted on 34 counts connected to a hush-money scheme, Polymarket bets indicated his chances of winning the 2024 election still stood at 54%, compared to incumbent President Joe Biden’s 40%. Since that time, the gap between Trump and Biden has widened significantly, with Polymarket odds increasingly […] Source: https://news.bitcoin.com/polymarket-bets-show-growing-confidence-in-trumps-election-victory-over-biden/

Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand
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Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand

After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds After Hitting Recent Low Recently, bitcoin (BTC) saw its infamous premium in South Korea drop below 1% after nearly hitting 10% in mid-April. Current data […] Source: https://news.bitcoin.com/bitcoin-premium-in-south-korea-increases-reflecting-strong-local-demand/