Here is the outline for the newsletter today🔥

• Machine Learning Predicts Bitcoin Price 🤖

• AzukiDAO Voting to Retrieve 20,000 ETH from the Founding Team⚖️

• MicroStrategy's Bitcoin Investment Soars: Over $200 Million in Profit📈

Machine Learning Predicts Bitcoin Price 🤖

Bitcoin has been making headlines recently with its impressive performance, surpassing the $31,000 mark and maintaining its position above $30,000.

In light of the recent surge in spot Bitcoin exchange-traded funds (ETFs) filings and the growing interest from major institutions, investor sentiment towards Bitcoin has been significantly influenced.

To provide further clarity on Bitcoin's future movement, Finbold sought insights from PricePredictions, which employs advanced machine learning algorithms to assess dynamic market conditions and analyze pertinent indicators.

According to PricePredictions, their algorithms project that Bitcoin will climb to $33,329 by the end of July, representing a 7% increase from the current price at the time of publication.

This prediction is based on a wide range of technical indicators:

• Moving Average Convergence Divergence (MACD)

• Relative Strength Index (RSI)

• Bollinger Bands (BB)

• And more

Over the past year, Bitcoin has witnessed an impressive surge, experiencing a substantial 59% increase in price. This growth signifies that Bitcoin has outperformed 84% of the top 100 crypto assets, further solidifying its standing as a cryptocurrency to watch closely.

Notably, Bitcoin is currently trading above the 200-day simple moving average, indicating a positive trend that has captured the attention of seasoned investors.

As of now, Bitcoin is changing hands at $31,022, up 1.22% on the day. Renowned crypto trading expert Michael van de Poppe noted that the true acceleration for Bitcoin would occur once it surpasses the $32,500 mark.

Until that point, he believes Bitcoin's progress will be characterized by a gradual and steady grind.

Strap in folks, Bitcoin might be preparing for a bull run 🚀

AzukiDAO Voting to Retrieve 20,000 ETH from the Founding Team⚖️

AzukiDAO, the decentralized autonomous organization responsible for the Azuki non-fungible token (NFT) project, is currently conducting a crucial vote to retrieve 20,000 ETH from the team and take legal action against Zagabond, founder of Chiru Labs, the parent company of Azuki.

The motive behind this action stems from allegations of Zagabond's involvement in rug pulling multiple crypto projects.

The AzukiDAO community believes that the founding team has failed to deliver on their promises, providing little more than a similar profile picture to that of the original Azuki holders.

In response, AzukiDAO aims to reclaim control of the 20,000 ETH currently held by the team, with the intention of utilizing it to foster the growth of the Azuki ecosystem and reward the community.

As of July 2, the voting process is underway, and the majority of AzukiDAO members are in support of the proposal. Over 60% of BEAN token holders have cast their votes in favor of retrieving the 20,000 ETH and initiating legal action against Zagabond.

This overwhelming support indicates the community's demand for greater accountability from the founding team.

It is worth noting that Zagabond, a prominent figure in the NFT community, has admitted to abandoning three NFT projects, including

• Crypto Phunks

• Tendies

• CryptoZunks

This admission caused a stir given Zagabond's stature and influence in the NFT space.

Where do you think things will go for Azuki from here? They have already experienced more than a 60% decrease in their floor price 📉

MicroStrategy's Bitcoin Investment Soars: Over $200 Million in Profit📈

MicroStrategy has been a consistent player in the Bitcoin market, steadily increasing its holdings over the past two years.

Despite facing challenging times during the crypto winter triggered by the LUNA collapse and FTX bankruptcy, the company remained steadfast in its belief in the digital asset. And now, their unwavering dedication is paying off🤑

With the recent surge in Bitcoin's price, MicroStrategy's BTC investments have turned a corner and entered the green zone. The company currently holds a staggering 152,333 BTC, making it the public company with the largest Bitcoin holdings.

These holdings, acquired at a total cost of $4.52 billion, have now skyrocketed in value to over $4.728 billion. This means that MicroStrategy is already sitting on a profit of more than $200 million.

The company made a significant purchase in June, acquiring 12,333 BTC at an average price of $28,136, totaling $347 million.

This strategic move helped bring down the average cost of MicroStrategy's BTC holdings to $29,668, positioning the company advantageously as Bitcoin's price rallied above the $31,000 mark.

It's worth noting that while MicroStrategy stands out as the leader in Bitcoin investment, other companies have also recognized the potential of the cryptocurrency.

However, none have ventured as deeply into the market as MicroStrategy. In fact, the company holds over twice the amount of BTC compared to the top 10 companies combined. Notable players in this space include

• Marathon Digital Holdings

• Tesla

• Hut 8 Mining Corp

• Block Inc

• Riot Blockchain Inc

MicroStrategy's success serves as a testament to the long-term growth potential of Bitcoin. Look’s like Michael Saylor’s constant praise of Bitcoin has paid off 🤣

✨Bonus News ✨

Disclaimer: This is not any kind of financial advise. This newsletter is solely informational; it does not constitute investment advice, a solicitation to buy or sell any securities, or a recommendation regarding how to manage your money. Be cautious and conduct your own study, please.