🍿⚖️ Coinbase is suing the SEC and FDIC over FOIA requests, arguing that federal regulators are trying to cut off the crypto industry from the banking sector. theblock.com
📉 #BTC We have reached the zone of pessimism. The supply in profit has decreased by 18%.
👀 #ICP Dfinity introduced a new ICP-based platform to solve cybersecurity problems. cointelegraph.com
🗣 #BTC Coinshares, James Butterfill: Miners have sold >$1 billion worth of BTC this year, which is a record, but is misleading since miners are also producing a record amount of BTC.
If you look at things proportionally, you will find that the percentage of miners selling as a share of the total BTC supply is not that significant: 1% this year compared to 2% in 2018 and 2015.
If you look at things proportionally, you will find that the percentage of miners selling as a share of the total BTC supply is not that significant: 1% this year compared to 2% in 2018 and 2015.
📉 #BTC Analyst C.Q.: In the Long-Term Holders (LTH) cohort, there is no growth observed, indicating market-wide pessimism.
🇩🇰🕹 The Danish Financial Supervisory Authority plans to ban the use of non-custodial crypto wallets, citing concerns about unregulated activity, in order to comply with EU MiCA rules. source
Crypto News Aggregator by EXCAVO
⚡️ #SOL VanEck submitted VanEck Solana Trust application. sec.gov
🇺🇸 #SOL #ETF Bloomberg Analyst: First SOL ETF filing in the U.S. Will be interesting to see if other issuers immediately follow suit. Early thoughts are that this only has a shot to launch sometime in 2025 if we have a new admin in the White House and SEC. Even then not guaranteed.
VanEck: Solana is a commodity that provides a better user experience than Ethereum.
VanEck: Solana is a commodity that provides a better user experience than Ethereum.
🔝 #DeFi projects by total value locked (TVL) to fully diluted market capitalization (FDMC)
🥳🚀 #MANTA Network: The income-generating stablecoin, wUSDM, deployed by Mountain Protocol on Manta Pacific, is now backed by BlackRock's BUIDL fund.
📊 #SOL The largest validator of the Solana blockchain was Galaxy, which overtook Coinbase by more than 1.2 million blocked SOL
🙅♂ #BNB Bloomberg: Binance closes VIP commission loophole exploited by major brokers
🐶 #FLOKI Justin Sun withdrew 300 million FLOKI from Poloniex.
He currently has a total of 21.4 billion FLOKI.
He currently has a total of 21.4 billion FLOKI.
🤑 Smartmoney transferred 118.5 billion PEPE ($1.48 million) to Kraken and made an 11x profit in 7 months, turning $130,000 into $1.48 million.
🗣 #SOL #ETF Founder of Wintermute: The SOL ETF will be difficult to approve this year, and even if it is approved, inflows will be small.