Bitmine Buys $199M ETH as Smart Money Traders Short ETH

BitMine Immersion Technologies, the world’s largest corporate Ether holder, continues buying the dip, despite the industry’s most successful traders betting on Ethereum’s price fall. BitMine acquired $199 million worth of…

How Pros Buy Bitcoin Dips With DCA Like Institutions

“Buy every dip.” That’s the advice from Strike CEO Jack Mallers. According to Mallers, with quantitative tightening over and rate cuts and stimulus on the horizon, the great print is…

Bitcoin Realized Losses Reached $5.7B as Holders Continue To Accumulate

Bitcoin (BTC) has dropped 10% over the last 30 days, as several groups of wallet holders switched from distribution to accumulation. Data suggests that this accumulation, coupled with record realized…

Bitcoin Profitability Numbers Head to Early 2024 Levels

Bitcoin (BTC) has seen a “complete reset” of sell pressure after dropping below $90,000, says new research. Key points: Bitcoin long-term holders have reset their selling habits as BTC price…

‘European SEC’ Proposal Licensing Concerns, Institutional Ambitions

The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the bloc’s licensing regime, despite signaling deeper…

Bitcoin December Recovery ‘Macro Tailwinds,’ Fed Rate Cut: Coinbase

Bitcoin’s ‘Santa’ rally may be ignited by macroeconomic tailwinds, including the Federal Reserve’s incoming interest rate decision, but fearful investor sentiment may take another hit by any hawkish remarks from…

Why CFTC-Backed Spot Bitcoin, Ethereum Trading is a ‘Massively Huge Deal’

On Thursday, the US Commodity Futures Trading Commission (CFTC) announced that spot Bitcoin (BTC) and Ether (ETH) products will begin trading for the first time on its registered futures exchanges.…

How Fiat Orange-Pilled Elon Musk To Bitcoin

Elon Musk’s ambitious goals of tackling excess spending and inefficiencies in the US federal government may have been futile, but it might have been the catalyst for his changing tune…

EU Consolidates Crypto Regs, IMF Stablecoin Risk: Global Express

European tech regulators have fined social media platform X 120 million euros ($140 million) for breaking EU rules pertaining to online content. The fine follows a two-year investigation under the…

Western Union to Launch Stable Card, Issue Its Own Coin

Western Union has unveiled plans to introduce a new “stable card” to protect users in high-inflation economies as part of its stablecoin strategy. Speaking at the UBS Global Technology and…