Cosima Research

#Bitcoin continues to consolidate around the $38k level as the bulls attempt to put in a price floor.

In this edition, we analyse inflows to exchanges, with a particular focus on whether $BTC holders are fearful.

Read our analysis in The Week On-chain

311 views16:53

Cosima Research

Forwarded from Glassnode

The #Bitcoin bulls are working hard to create a price floor, whilst the bears continue to apply sell-side pressure.

As #Bitcoin consolidates in a delicate equilibrium, we deep dive into $BTC flows into exchanges to gauge the characteristics of sellers.

Watch our Video Analysis here.

337 views16:53

Cosima Research

https://web.archive.org/web/20220309014601/https://home.treasury.gov/news/press-releases/jy0643

U.S. Department of the Treasury

Statement by Secretary of the Treasury Janet L. Yellen on President Biden's Executive Order on Digital Assets

WASHINGTON - U.S. Secretary of the Treasury Janet L. Yellen released the following statement on President Biden's executive order on digital assets.

"President Biden’s historic executive order calls for a coordinated and comprehensive approach to digital…

371 views06:20

Cosima Research

https://www.wsj.com/articles/biden-to-order-study-of-cryptocurrency-risk-creation-of-u-s-digital-currency-11646823600?mod=djemalertNEWS

WSJ

Bitcoin Price Surges on Biden’s Crypto Executive Order

President Biden signed an executive order instructing federal agencies to study the possible risks presented by cryptocurrencies and consider the creation of a U.S. digital currency.

398 views12:35

Cosima Research

https://www.whitehouse.gov/briefing-room/presidential-actions/2022/03/09/executive-order-on-ensuring-responsible-development-of-digital-assets/

The White House

Executive Order on Ensuring Responsible Development of Digital Assets

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows: Section 1. Policy. Advances in digital and distributed ledger technology for financial services have led to dramatic…

407 views15:15

Cosima Research

https://twitter.com/jerrybrito/status/1501583673438707716?s=21

Twitter

Jerry Brito

OK, I read it. Here’s my quick take on the executive order.

385 views16:00

Cosima Research

https://www.cnbc.com/video/2022/03/09/this-executive-order-is-just-a-reflection-of-where-the-administration-is-says-ftxs-bankman-fried.html

CNBC

This executive order is just a reflection of where the administration is, says FTX's Bankman-Fried

FTX founder and CEO Sam Bankman-Fried joins Carl Quintanilla and 'Crypto Night in America' to discuss President Biden’s executive order and his hopes for regulation in the space.

365 views01:56

Cosima Research

Forwarded from Glassnode

Tracking on-chain #Bitcoin accumulation can be complex and nuanced to accurately analyse.

We are pleased to release the #Bitcoin Accumulation Trend Score, a metric designed to track when larger players or a large part of the market is accumulating.

The Accumulation Trend Score trades between values of 0 and 1 with the following interpretation:

1 = Whales and/or large parts of the market are accumulating.
0 = Macro distribution by the market.

This metric is calculated by combining wallet participation in different cohorts, with balance change to assess buy-side pressure.

Out methodology and example interpretation is available on Glassnode Academy.

See the Accumulation Trend Score on studio.

339 views16:56

Cosima Research

https://www.theverge.com/c/22947663/the-many-escapes-of-justin-sun

375 views19:55

Cosima Research

https://www.prnewswire.com/news-releases/ftx-europe-partners-with-tomorrowland-to-build-the-future-of-web3--music-festivals-301500133.html

PR Newswire

FTX Europe Partners with Tomorrowland to Build the Future of Web3 & Music Festivals

The partnership will begin with a unique activation called The Quest by FTX at the upcoming Tomorrowland Winter Festival

377 views23:23

Cosima Research

Meet the crypto lawyer joining.pdf