#DYM Já quebrado Descendente Canal em 4HTF. Esperando 45-50 | Crypto Daily Digest no Binance Square

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#DYM  Já quebrado Descendente  Canal em 4HTF.Esperando 45-50% Crescendo a Curto Prazo 👀

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Bitcoin’s real demand declining despite ETF and MSTR buys On-chain data platform CryptoQuant analyzed on X that Bitcoin's (BTC) real demand is showing a decreasing trend. The platform noted that while U.S. spot Bitcoin ETFs have bought 377,000 BTC and Strategy (MSTR) has purchased 371,000 BTC, the apparent demand has dropped by 857,000 BTC. CryptoQuant emphasized that Bitcoin will need rising demand to break its all-time highs.

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Analysis: $XRP price eyes 40% rally to $3.20 According to Cointelegraph's analysis, XRP rose 7.2% to $2.31 on June 3, fueled by Ripple’s banking license application, Grayscale's spot ETF approval and rising institutional interest. Open interest in XRP surged 11% in 24 hours, signaling increased institutional involvement. Analysts predict XRP could rally to $3.20, a 40% increase, after breaking out of a bullish pennant pattern. Historically, such surges in open interest often precede price increases.

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Tether and Adecoagro launch renewable Bitcoin mining project in Brazil Largest stablecoin issuer Tether has partnered with South American agribusiness Adecoagro to launch a Bitcoin mining initiative powered by surplus renewable energy. Adecoagro, with over 230 MW of clean energy capacity, aims to stabilize its energy sales and gain Bitcoin exposure. Tether brings its mining expertise and plans to open-source its Tether Mining OS. The collaboration, approved by Adecoagro’s Independent Committee, marks a unique integration of agriculture, energy and blockchain, offering a model for similar efforts in the Global South, The Crypto Basic reported.

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