Bitcoin whale accumulation reaches pre-2020 bull run levels — Is BTC set to break $70K?
Bitcoin’s short-term holder realized price rose to $63,729, suggesting a definitive breakout above the $70,000-level next.
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CME Bitcoin Trading Product Records Show Institutional Participation Uptick
The Chicago Mercantile Exchange, or CME, recently saw record Bitcoin trading numbers in multiple categories. 2659 Total views 68 Total shares Mainstream market exchange, the Chicago Mercantile Exchange, or CME, recently posted record numbers for its Bitcoin (BTC) trading products. May 14 yielded open interest of 10,792 Bitcoin futures trading contracts at CME, totalling 53,960 BTC…

Congress is blaming Robinhood, not Reddit
Vlad Tenev, Robinhood’s CEO, very much occupied the hot seat in today’s hearing before the House Financial Services Committee over January’s market volatility. None of the representatives seemed particularly interested in putting the screws to Reddit CEO Steve Huffman, and many seemed to give Keith Gill the same props the rest of us did. These aren’t…

Bitcoin mining expenses surge 168% amid capacity growth
BitFuFu expands its mining capacity by over 60% despite a dramatic rise in Bitcoin mining costs post-halving.

Decentraland’s MANA token hits new ATH with Atari set to build in-world casino
MANA's surge was followed by Atari's ATRI token, and Decentral Games' DG token — all three of which soared to new all-time highs in the wake of the news. 1321 Total views 13 Total shares The value of the Decentraland (MANA) token climbed 31% leading into March 9, following news that classic game manufacturer Atari…

US lawmaker criticizes SEC enforcement director for not going after ‘big fish’ crypto exchanges
Representative Brad Sherman said the SEC's enforcement case against Poloniex was like going after "small fish" compared to major exchanges which may include Kraken and Coinbase. 67 Total views 1 Total shares Brad Sherman, the congressperson who previously called for banning cryptocurrencies in the United States, criticized the Securities and Exchange Commission’s approach to enforcement…

‘Victim-blaming’ Americans can deter crypto scams reporting — Regulator
State securities official Claire McHenry warned that AI and cryptocurrency ATMs are fueling a rise in digital asset fraud, disproportionately affecting seniors. A US state securities regulator is set to propose a strategy to protect Americans from a surge in digital asset fraud driven by increasingly sophisticated artificial intelligence tools. Claire McHenry, Nebraska Department of

Bitcoin ‘plankton’ wallets hit record — plus 4 more bullish BTC charts
More and more people are buying Bitcoin (BTC) since the 2020 coronavirus crash — and it doesn’t matter how rich they are, data shows.Part of a series of bullish charts circulating this week, statistician Willy Woo highlighted the growth in both high and low-value wallets.Woo: BTC whales putting money where their mouth isAccording to the…

Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July
Other Bitcoin miners such as Core Scientific, Argo Blockchain and Riot Blockchain have reduced their BTC holdings during the bear market. 66 Total views 1 Total shares Canadian Bitcoin (BTC) miner Hut 8 Mining Corp. added to its massive BTC reserves in July, as the firm maintained its long-term “HODL strategy” in the face of…