☕️ Good morning on Sunday! Today we’ve got five key updates on Bitcoin, and this evening we’ve got the big final: Spain vs. Argentina ⚽️ Are you ready for Sunday’s excitement and the match? 👀 1️⃣ Bitcoin is once again fighting to reclaim the $65,000 level Bitcoin approached the $65,000 level ahead of the weekend. The market is attempting to continue its rebound after a period of heightened uncertainty. However, a significant amount of coins were purchased by short-term holders between $62,000 and $65,000, which could create selling pressure as the price returns to those levels. A more sustained confirmation of strength would be BTC holding above $66,000. 2️⃣ Four mining pools control over 70% of Bitcoin’s hashpower The four largest mining pools collectively account for more than 70% of Bitcoin’s total hashpower. This does not mean a single entity controls the majority of hashpower—but data reveals significant concentration among a few dominant pools. Such a structure may amplify the influence of their decisions regarding transaction selection and validation. Mining decentralization remains one of the most critical issues for Bitcoin’s security. 3️⃣ Large traders are betting on Bitcoin reaching $72,000 Large options positions betting on Bitcoin rising to $72,000 by month-end have emerged. Traders are using call spread strategies that allow them to profit from upward price movement with limited entry cost. These positions were opened ahead of the next Federal Reserve meeting, possibly reflecting expectations of a more dovish stance from the central bank. However, options market bets do not guarantee that BTC will actually reach this level. 4️⃣ Michael Saylor opposes changes proposed in BIP 110 Michael Saylor has published a detailed objection to the proposed BIP 110. The proposal aims to temporarily limit certain data included in Bitcoin transactions to combat spam. Saylor argues that network rules should remain neutral toward legal transactions that pay required fees. He believes decisions about processing such transactions should be left to the market and individual node configurations. The debate once again divides the community over Ordinals, Runes, and the scope of Bitcoin blockchain usage. 5️⃣ Bitcoin ETFs attract half a billion dollars U.S. spot Bitcoin ETFs recorded four consecutive days of net inflows. Between July 14 and July 17, approximately $500 million net flowed into these funds. On the most recent trading day alone, inflows reached about $132.3 million. The IBIT fund managed by BlackRock attracted the largest amount of capital. Sustained positive inflows could support BTC’s push to break above the $65,000–$66,000 range. Have a wonderful Sunday ☀️⚽️ #KryptoEkipa #cryptocurrencies #Bitcoin