Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, which insiders described as “Operation Chokepoint 2.0.”
California’s SB 822 ends forced crypto sell-offs and requires holders to send in-kind transfers of unclaimed crypto to the state, promoting stronger consumer rights.
Bitcoin returned to $110,000 after bouncing at the weekend’s CME futures gap, contrasting with 5.5% daily losses and a potential double top for gold.
Bitcoin’s four-day crash has initiated a healthy reset among investors, with momentum limited until long-term holders stop selling their BTC, according to Glassnode.
Analyst Willy Woo warned the next crypto bear market could be driven by a business cycle downturn, last seen in 2008, before Bitcoin was invented.
Large Bitcoin mining companies are looking to expand into AI services for new sources of revenue amid post-Bitcoin-halving pressure.
Bitcoin staged a rebound rally to $111,705 as the market recovered from the recent catastrophic sell-off, but data suggests sellers will continue to take profit at each breakout top.
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Bolivian President-elect Rodrigo Paz plans to use blockchain for public procurement and include crypto in asset declarations for a new fund.
After its latest modest purchase, Michael Saylor’s Strategy has 59,582 BTC to go before hitting 700,000 BTC on its balance sheet.