📢 Crypto & Blockchain News by Vottun
Starting today, we’ll be sharing 48-hour updates on the most important events in crypto and blockchain.
Why? Because information is power and in a space that moves fast, staying informed can be the difference between winning big or missing out.
Our goal is to help you make smarter decisions, spot real opportunities, and avoid all the usual hype.
The past two days have been a whirlwind for the crypto market, with significant movements in Bitcoin, key network events, and evolving regulatory landscapes. Here's what you need to know:
💰 Strategy's Big Bitcoin Bet: MicroStrategy continues its aggressive Bitcoin acquisition strategy, adding another 705 BTC for $75.1 million. Their total holdings are now nearing an impressive $41 billion, showcasing strong institutional confidence despite recent market fluctuations.
🔌TON Blockchain Brief Outage: The Open Network (TON) experienced a temporary network disruption on June 1st, halting block production for approximately 40 minutes. Developers swiftly resolved the issue, confirming no user funds were compromised, emphasizing the network's resilience.
📊 Market Volatility & Price Action: Bitcoin saw a rollercoaster, hitting an all-time high of $111,814 before settling around $104,128. The market also witnessed $750 million in liquidations on May 30th from options expiry, leading to warnings from analysts about a potential summer correction. Ethereum (ETH) is hovering around $2,483, facing resistance at the $3,000 mark.
👩🏼⚖️Global Regulatory Shifts: The UK is making strides with a proposed "Cryptocurrency and Digital Finance Bill" that includes a 10% crypto tax and plans for a Bitcoin reserve. Meanwhile, China is tightening its grip with stricter crypto bans.
The crypto space remains dynamic, driven by institutional adoption, technological developments, and shifting regulatory tides.
Stay informed and manage your risks!

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