Bitcoin Yield Deposits Surge 120 Percent
Yield Basis deposits surged 120%, reaching $3.8M crvUSD, as investors seek BTC yield without selling; total value locked now at $126M. #Update #Crypto $BTC
Yield Basis deposits surged 120%, reaching $3.8M crvUSD, as investors seek BTC yield without selling; total value locked now at $126M. #Update #Crypto $BTC
The Reserve Bank of Zimbabwe’s FIU mandates VASPs to register, aligning with AML/CFT standards; registration doesn’t imply business authorization. #Update #Crypto
Next bull run will be slower, as Wall Street shifts focus to AI and tokenization, while interest in $BTC remains high. Bitwise’s Matt Hougan predicts a long-term bullish outlook. #Update #Crypto $BTC
Rodney Burton, aka “Bitcoin Rodney,” pleads guilty to promoting @HyperFund’s $1.8B crypto fraud scheme; faces up to five years in prison. #Breaking #Legal
Proposed U.S. legislation aims to extend wash sale rules to crypto, affecting tax loss claims; exemptions for stablecoins and assets from staking/mining. #Update #Crypto
Oman selects @EnegixGlobal to power its national Bitcoin mining pool, Omanhash.om, marking a shift towards state-managed crypto infrastructure. #Update #Crypto $BTC
Byte Federal integrates with BurraPay to enable legal cryptocurrency transactions in Nevada’s gaming market, processing the first Bitcoin-funded sports wager at Circa Las Vegas. #Update #Crypto $BTC
France’s ANSSI will cease certifying non-quantum-safe encryption products by 2027, impacting Bitcoin security concerns. #Update #Crypto $BTC
Bitcoin eyes $70K breakout as @21Shares sees a path to $100K by Q3 amid Fed-driven pullback and inflation concerns. $BTC defends support around $65K. #Update #Crypto $BTC
SpaceX’s stock surge post-IPO may benefit FTX creditors, potentially increasing payouts from the defunct exchange’s investments. #Update #Legal
@MicroStrategy’s MSTR stock faces scrutiny as speculation arises over potential Bitcoin sales to fund dividends, following a recent BTC sale by the firm. Market sentiment may be impacted. #Update #Crypto $BTC
Blackrock’s IBIT leads with $16.4M inflow as Bitcoin ETFs gain $10.1M and Ether adds $9.59M, signaling broader investor demand. #Update #Crypto $BTC
Bitcoin layer-2s face challenges as many holders resist giving up custody for synthetic tokens; experts suggest focusing on unique Bitcoin-enabled products rather than competing with established ecosystems. #Update #Crypto $BTC
Michael Saylor unveils a Bitcoin-backed “Digital Asset Stack” with BTC as collateral, including credit, yield, and equity layers. The 8% yield is conceptual, not retail-ready. #Update #Crypto $BTC