• Metaplanet and SBI VC Trade announce a strategic partnership to enhance Bitcoin trading, storage, and management.
• Lookonchain’s data shows that Bitcoin Spot ETF recorded $45.53 million net outflow on Monday.
• Santiment’s data shows that wallets holding more than 10 BTC have accumulated 33,651 more Bitcoin since June 2.
• VanEck predicts that Bitcoin could reach as high as $2.9 million per coin by 2050.

Bitcoin (BTC) trades at around $59,000 on Tuesday after a slight recovery the day before. However, this rebound might be short-lived as it nears a crucial resistance barrier. Institutional interest is growing, driven by VanEck’s optimistic Bitcoin forecast, a strategic partnership between Metaplanet and SBI VC Trade, and increased wallet holdings. Despite these developments, the price action remains weak, and the Bitcoin Spot ETF recorded a $45.53 million net outflow on Monday.