Bitcoin
Affairs
 
No. 029  ·  24 Jun 2026
 
MARKET SNAPSHOT
BTC / USD
$61,560
  24H CHANGE
-1.6%
 
ALL-TIME HIGH
$124,749
  FROM ATH
-50.7%
NEWS
4 STORIES TODAY
Congress sends housing bill with Fed digital-dollar ban to Trump
The House passed the ROAD to Housing Act on June 23, sending the package to President Trump. Buried in the broader housing bill is language that would bar the Federal Reserve from issuing a central bank digital currency through 2030, reinforcing Washington's current preference for private-sector digital dollars over a state-run one.
Regulation  Macro
US spot bitcoin ETFs post another $113.8 million daily outflow
US spot bitcoin ETFs recorded a net $113.8 million outflow for June 23, with BlackRock's IBIT accounting for a $182 million withdrawal. The fresh redemptions extend the weak-demand streak that has been weighing on bitcoin's price and on institutional sentiment this month.
ETF
Hormuz shipping stays fragile despite more traffic after US-Iran truce
Ship traffic through the Strait of Hormuz is recovering, but AP reported on June 23 that the legal and political status of the waterway remains unresolved. That leaves a major macro overhang for bitcoin because any renewed disruption could quickly hit oil, inflation expectations and global risk appetite.
Geopolitics  Macro
Oil slips again as investors price more Gulf supply after truce
Crude stayed under pressure on June 24 as investors tracked rising tanker flows through Hormuz and assessed progress in US-Iran talks. Reuters reported that Iraq also raised southern oilfield output to around 2.1 million barrels per day, reinforcing the view that the war-driven energy shock is easing.
Geopolitics  Macro
COMMENTARY
VOICE FROM THE NETWORK

Sponsor

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Bitcoin Magazine
@BitcoinMagazine
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JUST IN: $14 trillion BlackRock now recommends a 1-2% portfolio allocation to Bitcoin 👀

"A modest allocation could potentially have an impact on portfolio returns without dominating day-to-day risk" 🚀 https://t.co/cl6MjZ96lL
 
 
 
 
 
62 reposts    75 replies    321 likes
Crypto Tice
@CryptoTice_
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INSIGHTS:

Tom Lee just put the entire Bitcoin opportunity into one comparison.

"The best years in crypto are definitely ahead."

Here are the numbers that back it up.

Today there are only 4,000,000 Bitcoin wallets holding $10,000 or more.
That's the entire serious holder base. Globally.

Now compare it to traditional finance.

900,000,000 IRA and brokerage accounts worldwide hold $10,000 or more.
A market 200 times larger.

Sit with that for a second.

For all the noise.
All the headlines.
All the institutional adoption.

Bitcoin has barely scratched the surface of who could own it.
They just haven't allocated yet.

Now layer in what's happening right now.
- The Strategic Bitcoin Reserve being built.
- The CLARITY Act moving through Congress.
- Pension funds starting to allocate.
- Sovereign wealth funds buying.

The infrastructure to bring those 900,000,000 accounts in.
Is being built as we speak.

This is the entire bull case in one stat.

The demand isn't here yet.
The capacity for it is enormous.
And the supply is capped at 21,000,000 forever.

Tom Lee isn't talking about the next pump.
He's talking about the next 200x of adoption.

You're not late.
You're early to something most people haven't even noticed.
 
 
 
 
 
3 reposts    8 replies    180 likes
Vivek Sen
@Vivek4real_
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STEAK 'N SHAKE COO SAID, "BITCOIN IS FASTER THAN CREDIT CARDS. WE ARE SAVING 50% IN PROCESSING FEES."

"WE ARE SEEING A SPIKE IN GROWTH AFTER ACCEPTING BITCOIN" https://t.co/6ajkDeBZNC
 
 
 
 
 
88 reposts    39 replies    807 likes
Adam Livingston
@AdamBLiv
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Bitcoin: $62,457

200 Week Moving Average: $62,457

This is where legends are made.

Don't fumble it. https://t.co/ifrPDDpwoM
 
 
 
 
98 reposts    54 replies    1.0K likes
Ted
@TedPillows
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Institutional $BTC selling on Coinbase is picking up again.

This is not something you usually see at the bottom. https://t.co/G4S1UHiRUj
 
 
 
 
116 reposts    139 replies    751 likes