Hakan Ateşler 
As cryptocurrencies are gaining an important place in the US presidential race, a new move came from the Biden government against Trump. The White House hired Carole House, who once advised Joe Biden on cryptocurrencies, once again with the same task.
The German government, which transferred and sold more than 1700 Bitcoins to various exchanges last week, transferred a total of 400 Bitcoins to Coinbase and Kraken exchanges today.
Robert Kiyosaki, who has been saying for years that a financial collapse is coming and everyone should buy gold, silver and Bitcoin, evaluated the recent declines in cryptocurrencies. Stating that he invests in the form of “buy and hold”, the famous author said, “If the collapses scare you, sell and hold on tight to your business.”
JPMorgan, one of the world’s largest investment banks, stated that Bitcoin mining companies have started to receive serious investments as they meet the needs of the artificial intelligence world. While the bank highlighted some mining companies in this sense, one of them has a great advantage.
In 2010, Julian Assange, the founder of Wikileaks, which published many documents related to US operations in Iraq and Afghanistan, was released after years. Assange was released in London after reaching an agreement with the US Department of Justice and was flown to his native Australia.
News during the day had a negative impact on the markets and the pressure from sellers is not yet over. Mt. Gox announced that it will start accepting Bitcoin and Bitcoin Cash payments in July. Of course, it is possible that this could create new
The declines in cryptocurrencies in the morning hours hit altcoins with low market capitalization even harder. One whale repeated his previous mistake and suffered a huge loss on the WIF he bought.
While Bitcoin’s sharp downward movement this morning deepened the meltdown in altcoins much more, TechDev, an anonymous analyst known for his comments on X, stated that altcoins are experiencing the most difficult days of the bear season and that there are signs that the uptrend in Bitcoin dominance is over.
There was a net outflow of $584 million from cryptocurrency funds last week. The total figure in the outflows seen for the second week in a row reached $1.2 billion. The CoinShares analyst who prepared the report stated that the sales seen were due to investors’ pessimism about the expected interest rate cuts this year.
Binance Labs, the investment arm of the Binance exchange, announced that it has invested in Infrared, a protocol that provides one-click access to Berachain’s Proof-of-Liquidity mechanism.