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Blockchain Report

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Coinbase CEO Brian Armstrong reiterates strong conviction in Bitcoin, remains bullish & holds a long position. He notes market conditions are neither exceptionally favorable nor unfavorable. #Bitcoin #Crypto

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Strategy bought 520 BTC ($34.9M) using its MSTR ATM equity program. It also sold MSTR shares for $335.5M. Total BTC holdings now 847,363 BTC. USD reserves $1.4B. 8-K filed with SEC. #Bitcoin #Crypto

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Bitmine boosted its ETH holdings by 52,203 ETH this past week, now holding 5,672,956 ETH (approx. 4.7% of total supply). Total assets $10.7B including 205 BTC & $601M cash/securities. Projected annualized staking revenue: $223M.

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Bitcoin Spot ETFs: 3 days of outflows totaling >$68M on June 22. ARKB was a bright spot with a $64M inflow. Ethereum spot ETFs also saw outflows ($66M), with TETH leading inflows for ETH ETFs ($0.346M).

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Upbit is adding new RE token trading pairs: RE/KRW, RE/BTC, and RE/USDT. Trading begins June 19th at 9 PM local time. This will boost RE's liquidity & accessibility in South Korea! 🇰🇷🚀

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Bitcoin mining difficulty drops ~20%, largest fall since China ban. Signals miner capitulation amid profitability challenges. Impacts network security & transactions, but Bitcoin network resilient. Analysts watching closely. #Bitcoin #Mining

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Osaka's Tennoji MIO to get Western Japan's first COINHUB Bitcoin ATM! 🪙 Users can buy/sell crypto with cash. This marks a comeback for crypto ATMs in Japan under new regulations. COINHUB aims for 3,000 ATMs! #Bitcoin #Crypto #Osaka #Japan

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Blockstream CEO Adam Back refutes claims Strategy is selling #Bitcoin for dividends. He argues Strategy is using BTC reserves to deliver investor returns & reduce debt, while promoting BTC's future! Back is confident Strategy won't become worthless. #crypto #blockchain