MicroStrategy Boosts Its Bitcoin Holdings to $8 Billion
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Bitcoin Firm MicroStrategy’s Price Target Cut—Here’s Why

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Financial services firm Canaccord Genuity on Monday adjusted its target price for MicroStrategy (NASDAQ:MSTR), reducing it from $2,047 to $1,826, while maintaining its buy rating. Microstrategy…

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FOMO HOUR 144 - A VERY RED DAY
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FOMO HOUR 144 – A VERY RED DAY

FOMO HOUR 144 – A VERY RED DAY BTC hits 6-week lows, $215m liquidations in fall. Mt Gox set to start BTC repayments in July. Fear & Greed index nears 2024 lows. Bitfinex whales’ long positioning rebounds. Open Interest rises as shorts grow, funding negative. BTC is economic immortality, going to $10m: Saylor. Moment of truth for BTC to rebound:…

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This Week in Crypto Games: 'Notcoin' Hits $1 Billion, 'Hamster Kombat' Token, Tickle-to-Earn
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‘Hamster Kombat’ Slammed by Iran Official as Telegram Game Claims 200 Million Players

Digital hamsters are reportedly taking over Iran—and the government isn’t too keen on it. Telegram-based crypto game Hamster Kombat has seen surging interest in Iran, according to a report Monday from the Associated Press, as local users flock to the simple tap-to-earn game ahead of its upcoming token launch. That interest has been seen broadly in recent weeks as the…

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Market Turbulence Continues as Crypto Outflows Reach $1.2 Billion
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Market Turbulence Continues as Crypto Outflows Reach $1.2 Billion

As digital asset markets continue to navigate turbulence, the latest report from Coinshares outlines significant capital outflows, marking a stark shift in investor sentiment. Authored by lead analyst James Butterfill, the findings highlight a consecutive week of outflows totaling $584 million, suggesting a cautious outlook on the prospects of interest rate cuts this year. Coinshares […] Source: https://news.bitcoin.com/market-turbulence-continues-as-crypto-outflows-reach-1-2-billion/

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SEC drops investigation into Ethereum: Law Decoded

A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees. Source: https://cointelegraph.com/news/sec-drops-investigation-ethereum-law-decoded

Biden Administration Rehires Crypto Advisor Critical of the SEC
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Biden Administration Rehires Crypto Advisor Critical of the SEC

In a potential sign of the Biden Administration’s reengagement with crypto policy, the White House has rehired Carole House, a cybersecurity advisor who advised the president on his 2022 crypto-focused executive order. House previously advised President Joe Biden from 2021 to 2022 as a director on the National Security Council focused on cybersecurity and digital innovation. She is considered to…

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Insider: ‘Vulture Contracts’ Affecting Bitcoin Mining Development in Paraguay
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Insider: ‘Vulture Contracts’ Affecting Bitcoin Mining Development in Paraguay

Bruno Vaccotti, Head of Public Affairs of Penguin, a bitcoin mining company, has referred to the existence of what he called “vulture contracts,” and its effects on developing mining operations in Paraguay. Vaccotti stated that large amounts of energy have been assigned through these contracts that have not been taken advantage of and are blocked […] Source: https://news.bitcoin.com/insider-vulture-contracts-affecting-bitcoin-mining-development-in-paraguay/