Bitcoin mining stocks experienced significant gains on Wednesday, following a promise by United States presidential candidate Donald Trump to boost mining operations within the country.

In a post on June 12, Trump expressed his desire for all remaining Bitcoin to be produced in the United States, emphasizing the potential for the country to become energy dominant.

This statement came shortly after a meeting between Trump and top executives from the Bitcoin industry.

During the meeting, Trump reportedly assured the industry leaders of his support if he were to be elected as president in November.

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The percentages on deposits as of June 12

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A Bitcoin whale has transferred 8,000 Bitcoin (BTC) (https://cointelegraph.com/bitcoin-price) worth $536.5 million from a Coinbase cold storage wallet after five and a half years of dormancy.
Bitcoin address “1ABww1…mCSKq” received the entire 8,000 BTC stash at block 847,490 on June 11, 1:26 pm UTC, according (https://platform.arkhamintelligence.com/explorer/tx/56931cd8bbf3f292192e4d2da5427f6509b29f371a3fe59f3e7cb14c1180fc91) to blockchain analytics firm Arkham Intelligence.
That wallet then transferred all the Bitcoin to the Binance deposit address “15u4H…rMsLa” exactly one block and 11 minutes later, Arkham data shows. (https://platform.arkhamintelligence.com/explorer/tx/15e308a94140e65c51da434fd0a7116f1a0d980366e88114d4601766ac90b0a1) No test transactions were made prior to the two transfers.

#celestion #crypto #cryptonews #bitcoin #ethereum #usdt #blockchain

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The percentages on deposits as of June 11

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The crypto market is undergoing another interval of correction, with Bitcoin up by just 1.4% over the past week and Ethereum registering a decline of 3.5%. However, Bitcoin continues to route for $70k while the overall market cap has been above the $2.5 trillion mark for a considerable time now. 
The bull market has made several runs in 2024, and with more institutional adoption and new projects around the corner, the prospects seem lucrative. For investors and traders, spilling their funds on blue-chip tokens isn’t advisable during this phase. 
Instead, the investors should opt for tokens with good potential, strong fundamentals, and the possibility of a massive pull. There’s one token that has caught the fancy of many investors, with experts predicting a 200% increase in the coming week. That token is Bitgert – the latest sensation on the L1 scene, which has an impressive speed of 100K TPS and negligible gas fees. 

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The percentages on deposits as of June 10

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