Crypto hedge fund Three Arrows files for chapter 15 bankruptcy — link | archive

#Glassnode data

Bitcoin Whales Now Control 45.6% of BTC Supply & Continue to Aggressively Accumulate.

Exchange reserves continue to see large scale net withdrawals, with aggregate balances declining to levels last seen since July 2018 — link

Celsius repays $183M on DeFi exchange Maker, gets back collateral, blockchain data shows — link

DeFi tokens were the worst performers in Q2.

Elon Musk seeks to terminate $44 billion Twitter deal — link

Digital asset investment products saw inflows totalling $15m last week, while total assets under management (AuM) recovered from their year and half lows to $36.2bn — link

Binance CEO says they have detected a Uniswap V3 exploit with 4,295 $ETH already stolen by the hacker. -Link

USDT has fallen from 88.3% of the stablecoin market, to 45.2% today, now less than half of the market.

USDC dominance has grown 4.2x, BUSD by 7.5x, and DAI by 3.9x over the same 2y timeframe.

Stepn to buy back and burn GMT using a portion of its $122 million Q2 earnings — link

JPMorgan: #Bitcoin  miners are protecting profitability by deploying more efficient mining rigs

Cost of production may be down to $13,000

Central African Republic set to launch Sango Bitcoin sidechain — link

Treasuries of top DeFi protocols have experienced significant drawdowns of up to 90 percent — link

[DB] SEC Names 9 Coins as Securities in Coinbase Insider Trading Complaint

AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM

https://www.sec.gov/litigation/complaints/2022/comp-pr2022-127.pdf

Tesla has sold 75% of their Bitcoin holdings.

According to the financial statements, Tesla's net Bitcoin holdings were relatively stable for three consecutive quarters. By the end of March, Tesla had $1.261 billion worth of digital assets on its books. Following the liquidation, the firm now has $218 million in digital asset exposure. 

Kucoin FUD affected the market quite badly. #BTC has lost both ascending and horizontal support levels.

Bitcoin is NOT bullish until it once again reclaims $22560 level and closes the weekly candle above WMA200. Best decision is to cut loss and rebuy in case of the reclaim.

Axie Infinity (AXS) has been forming a giant bearish reversal pattern since July last year, which could send its prices down by another 95% in 2022.

Chipotle launches $200,000 #Bitcoin , #ETH, #Dogecoin, #Solana, & #AVAX  "buy the dip" giveaway.

#Tether denies any Chinese commercial paper holdings and reported a commercial paper exposure of $3.7 billion.

The share of EUR-denominated BTC trade volume hit its lowest level since 2016 — link