📊 #BTC CryptoRank: Over 4 million BTC is already held on the balances of institutions, corporations, ETFs, sovereign funds, governments, and DeFi protocols.
📊🤔 Crypto activity just had its biggest cool off in months. Chain revenues fell to $200M in November, with BSC taking the heaviest hit after a surge in October.
App revenues told the same story. PancakeSwap went from one of the top earners in the entire industry to a fraction of its October run rate.
Such revenue troughs historically precede bull market recoveries, with similar 70%+ drops in 2021 leading to 2-3x price gains within six months across major chains like Ethereum and Solana.
App revenues told the same story. PancakeSwap went from one of the top earners in the entire industry to a fraction of its October run rate.
Such revenue troughs historically precede bull market recoveries, with similar 70%+ drops in 2021 leading to 2-3x price gains within six months across major chains like Ethereum and Solana.
🇺🇸🫂 Bank of America, Wells Fargo, and Citigroup CEOs will meet with senators on Thursday to discuss crypto market legislation, according to Bloomberg.
🗽🧐 #BTC has been consistently dumping ~2-3% within minutes of the US cash open (10 a.m. ET) almost every trading day since early November. Many traders point to Jane Street’s massive $2.5B+ position in BlackRock’s IBIT as the likely driver: engineered liquidity sweeps to accumulate spot #ETF's at a discount. source
🇺🇸 #ETH #BTC CFTC has launched a pilot program to allow BTC, ETH and #USDC to be used as collateral in US derivatives markets. coindesk.com
🇺🇸🇨🇳 Trump authorized Nvidia to export its advanced H200 chip to China. The US will receive 25% of the revenue generated from the sale.
🇺🇸🇪🇺 Also said that Europe is "heading in the wrong direction" after a "disgusting" $140 million fine on Company X.
🤔 Kramer urged to "own Nvidia, not trade it."
🇺🇸🇪🇺 Also said that Europe is "heading in the wrong direction" after a "disgusting" $140 million fine on Company X.
🤔 Kramer urged to "own Nvidia, not trade it."
📊 #SHIB Santiment: SHIB recorded a record number of whale transfers since June 6, accompanied by a +1.06 trillion net change in SHIB volume on exchanges. The token is likely to experience high volatility in the coming days.
🇨🇦 Canada's tax agency says 40% of cryptocurrency platform users are tax evaders or at high risk of non-compliance. x
🇺🇸🕹 Republican Senator Moreno calls cryptocurrency bill negotiations "pretty frustrating."
Despite passing a bill to regulate stablecoins, lawmakers have faced obstacles in passing a cryptocurrency market structure bill. theblock #regulation
Despite passing a bill to regulate stablecoins, lawmakers have faced obstacles in passing a cryptocurrency market structure bill. theblock #regulation
🤖 #AI CoreWeave plans $2 billion bond offering to expand AI business. cointelegraph
🥳🆕 #ALLO [Event] Airdrop Event to Celebrate the Addition of Allola (#ALLO) KRW Market feed.bithumb.com ALLOUSDT: 0,1817 #Bithumb #Listing
🥳🆕 #ALLO Airdrop event to celebrate the addition of the #ALLO KRW market feed.bithumb.com #Bithumb #Listing
🏦 International rating agency Fitch Ratings says that while the integration of cryptocurrencies by banks may increase fees, profitability and efficiency, it also poses "reputational, liquidity, operational and compliance risks" for them. cointelegraph
🤔 #ETH Vitalik: for years I've been complaining to EF that we don't have enough experience with p2p networks. I think that's no longer true, and PeerDAS confirms it. EF staff has done a great job keeping PeerDAS running smoothly and developing an action plan that improves efficiency and privacy at the network level.
🇭🇰 HashKey has filed for an IPO in Hong Kong, planning to raise up to $215 million. theblock.co
🙋♂️ #ZEC Shielded Labs, a key developer of Zcash, proposes the creation of a dynamic commission marketplace for Zcash to address rising transaction costs and network congestion. coindesk