Crypto Trend Update: Binance launches Cloud Mining for Bitcoin

 Unveiling the latest Crypto Trend

Bitcoin Breaks $30,000 Amid Institutional Interest

Bitcoin (BTC) has surged over 10% in the past 24 hours, breaking the $30,000 level for the first time since April. This rally coincides with increased institutional interest and traditional finance players entering the crypto market, including the filing of spot Bitcoin ETFs by Invesco and WisdomTree.

Invesco and WisdomTree Follow Black Rock in Filing for a Bitcoin ETF

The New York-based management firm WisdomTree and Invesco have filed applications for spot Bitcoin exchange-traded funds (ETFs) in the US, joining BlackRock's recent move. The filings indicate a renewed push for approval, with WisdomTree considering a surveillance agreement and Fidelity Investments reportedly exploring its own spot Bitcoin. ETF.

New Cloud Mining Products Launched by Binance.

Binance is launching a new batch of Cloud Mining products for BTC mining. Users may now complete subscriptions to cloud mining Products to purchase hash rates and start accumulating mining rewards in their Funding Wallets.


Ice Mining App to Migrate to the New Infrastructure

One of the popular crypto mining app Ice Coin has announced migrating to new infrastructure and it requires disabling all services for a few hours while they Migrate all user's data. Your Ice mined balance will be restarted to default ones while the team will remain intact. This migration is expected to last for two weeks at least from today 22 June, 2023 before announcing the official release date.

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