ChainCatcher news, according to Cointelegraph, CryptoQuant data shows that as of June 19, the Bitcoin exchange reserves (the total amount of Bitcoin available on exchanges) have fallen to a three-year low of 2,825,703 BTC. In January 2024, the Bitcoin exchange balance hovered around 3,039,000 BTC.Low exchange reserves indicate low selling pressure and potential supply shocks.

ChainCatcher news, according to Bloomberg, the U.S.-listed Bitcoin mining company CleanSpark plans to launch an internal Bitcoin trading platform this year to maximize the returns on its held cryptocurrency. The company plans to develop strategies based on regulated crypto products, such as options contracts traded on the CME or its affiliates.CleanSpark CEO Zachary Bradford stated that they need to transfer a small amount of funds to different accounts but will continue to work with custodians like Coinbase, using independent account cold storage.As of last November, CleanSpark held 2,575 Bitcoins, worth approximately $97 million. The company reported $168 million in revenue for the fiscal year ending September 2023.