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114K subscribers
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ETF provider Teucrium trading files for a Bitcoin futures ETF
— link
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ETH/BTC correlation back on the rise
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Decentralized perpetual swaps trading volumes hit new record highs.
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Bitcoin market was able to absorb this week's sell-off much better than during the COVID-19 panic on the 12th of March 2020
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FTX preparing to raise up to $1 billion at $20 billion valuation: sources
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China reiterates call for a crackdown on Bitcoin mining and trading
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https://twitter.com/thomasheller_/status/1395751509279744005
Twitter
Thomas Heller
News out of China: gov.cn/xinwen/2021-05… Vice Premier Liu He calls for a crackdown on bitcoin mining and trading activities. Anti-bitcoin (mining) news regularly comes up, but this is worth monitoring. Miners in China I've spoken with are unsure of the impact…
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https://twitter.com/DoveyWan/status/1395757123036794888
Twitter
Dovey “Rug The Fiat” Wan
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The seriousness of news is def more so than normal China FUD, can be material 1. It’s direct order from the state department 2. It’s emphasized by VP of PRC In China policy’s execution and impact really matters on where the order is from and who announced…
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Bitcoin investor whales sold in May, reducing balances by 111k bitcoin from 1 May to 18 May, but then they added 53k bitcoin on 19 and 20 May. This is unlikely to have moved the market, but shows they took advantage of the opportunity
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Lots of the recent selling was done by investors that bought Bitcoin during the last couple of months
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Demand for the top stablecoins $USDT, $USDC and $DAI pushed prices noticeably above the $1 peg in the month before the Coinbase listing
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China - banning bitcoin since 2014
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Huobi stops crypto miner hosting in China
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Huobi, OKEx limit services for Chinese customers ahead of gov crackdown
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Ethereum mining revenue set for record-breaking month despite price declines
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crypto market recap - week 20 |
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Chinese bitcoin miners brace for impact amid regulatory uncertainty
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HSBC CEO says Bitcoin not for us
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South Korea’s central bank to choose supplier for digital currency pilot
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https://twitter.com/jiangzhuoer/status/1396754235170164737?s=21
Twitter
Jiang Zhuoer BTC.TOP
Some thoughts about the impact of China's policy on #Bitcoin mining industry: The current situation of #Bitcoin mining in China is not as serious as you think.
