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ββοΈ #BTC Connecticut's Governor Ned Lamont has signed House Bill 7082 into law. The bill officially prevents the state from purchasing, holding, or investing in Bitcoin and other virtual currencies with public funds.
π€ #BTC Sentora: Although institutional money continues to flow into Bitcoin, on-chain data show that wallets holding more than 1,000 BTC have been steadily reducing their balances.
Rather than signaling weakness, this redistribution reflects a maturing market. Older βwhaleβ coins are dispersing, a dynamic that should ultimately strengthen Bitcoinβs long-term prospects.
Rather than signaling weakness, this redistribution reflects a maturing market. Older βwhaleβ coins are dispersing, a dynamic that should ultimately strengthen Bitcoinβs long-term prospects.
Crypto News Aggregator by EXCAVO
π 34% of Ethereum transactions now involve stablecoins
π Ethereum weekly stablecoin senders hit ATH in June
At its peak, 776.6K stablecoin senders were recorded on Ethereum in a single week.
Key drivers of this growth include the rising stablecoin supply, increased bot activity, and growing institutional interest and adoption. #ETH #stablecoin
At its peak, 776.6K stablecoin senders were recorded on Ethereum in a single week.
Key drivers of this growth include the rising stablecoin supply, increased bot activity, and growing institutional interest and adoption. #ETH #stablecoin
ππ€ #BTC BitMEX reports a 90% drop in extreme Bitcoin funding rates since 2016 β highlighting a maturing, more stable and institutional crypto derivatives market.
πΊπΈπ―π΅ Trump doubts he will get a deal with Japan and plans to impose duties of 30-35%. #tradewars
π½π #BTC Figma has filed for an IPO. The filing states that the company is holding $70 million worth of BTC-ETF and the board has approved the purchase of another $30 million worth of BTC.
π΅οΈββοΈ 273,538,507 #USDT transferred from OKEX to unknown wallet
π #BTC Bull Score is in neutral territory nowβ 50. Needs to be 60 or above for prices to sustain a rally. 40 puts us in a bearish area.
ππ #BTC Matrixport: July has historically been Bitcoinβs strongest summer month β average +9.1% return over the last 10 years. In the coming weeks, Bitcoin may prepare for another rally and reach the $116,000 mark.
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ββοΈ Arizona's governor vetoed a bill that would have created a reserve fund from confiscated cryptocurrencies. theblock.co
πͺπΊ The EU central bank is exploring how to use distributed ledger technology (DLT) to make the payment system more efficient. coindesk
π The ratio of DEX and CEX futures trading volume has reached an all-time high of 8%. theblock.co