Global #Bitcoin

The latest Harris Poll survey commissioned by Grayscale indicates a noteworthy change in voter attitudes towards cryptocurrency. Almost half of American voters intend to incorporate crypto into their investment strategies, underscoring its increasing significance in the context of the upcoming 2024 US Election.

Semler Scientific, known for its early detection products for chronic diseases, experienced a remarkable 42% surge in its stock value after announcing a substantial investment in Bitcoin. The company purchased 581 Bitcoins for $40 million, echoing the strategy employed by MicroStrategy, a move that drew attention from industry observers.

Argentine officials have downplayed rumors of the country fully embracing Bitcoin following routine talks with El Salvador on digital asset regulations. The recent discussions sparked speculation after the election of a pro-Bitcoin president, Javier Milei, in late 2023, but experts caution against overstating Argentina's commitment to cryptocurrency.

Binance, the leading cryptocurrency exchange globally, is expanding its trading services significantly. Binance Spot, the primary trading platform, will introduce new trading pairs for major cryptocurrencies such as Bitcoin (BTC), XRP, Ethereum Name Service (ENS), and Lido DAO (LDO).

Recent reports indicate that issuers of Spot Bitcoin ETFs now possess nearly 5% of the total Bitcoin supply. This achievement highlights the increasing demand and swift growth of Spot BTC ETFs in the market, providing institutional investors with a comparatively low-risk method to obtain Bitcoin.

In the final days of May, Bitcoin (BTC) has kept investors and traders on edge. After reaching a new all-time high of nearly $73,000 in March, it subsequently fell sharply, dipping below $57,000 at one point. Recently, Bitcoin seemed ready to aim for new records again.