Stablecoin market cap surpasses $200B as USDC dominance rises
The stablecoin market cap reached a new record high above $200 billion. Is it a sign that Bitcoin and altcoins will rise higher?
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Hong Kong to subject crypto exchanges to the same laws governing TradFi
The new legislation will bring a licensing regime for the virtual asset service providers requiring them to pass strict AML and money laundering guidelines. Own this piece of crypto history Collect this article as NFTHong Kong’s legislative council has passed a new amendment to its anti-money laundering (AML) and terrorist financing system to include virtual…

Bitcoin Futures Data Shows Market Favors Bulls Despite $1.5K Flash Crash
The sudden $1,500 drop in Bitcoin (BTC) price on August 2 caused over $1 billion worth of liquidations on futures contracts and also led to a sharp decline in the price of many top altcoins. This massive figure represents 18% of the total $5.6 billion open interest and undoubtedly caused the exaggerated move down to $10,560.Interestingly,…

Bitcoin NFTs surpass Ronin in all-time sales
Bitcoin-based NFTs recorded a sales volume of $148 million in the last 30 days, according to CryptoSlam.

Heating a home with a Bitcoin miner: Staying warm with sats
Bitcoin (BTC) miners emit a lot of heat. Some miners use that heat to warm swimming pools, dehydrate meat to make beef jerky or even dry out timber at a Swedish hydropower Bitcoin farm. In Ireland, the “Bitcoin Farmer” joked that he hangs out laundry to dry in front of his Bitcoin miner.S9 #bitcoin beef jerky…

Trump taps billionaire fintech CEO with SpaceX ties to head NASA
Jared Isaacman comes with deep fintech experience and a working relationship with Elon Musk and SpaceX.

Switzerland: Crypto Bank Seba Partners With Mortgage Bank Hypothekarbank
Switzerland-based crypto bank Seba Crypto AG has signed an agreement with Swiss mortgage bank Hypothekarbank Lenzburg AG to use its core banking system, Finstar, Cointelegraph auf Deutsch reports on Jan. 31.The partnership will allow for the implementation of Seba’s decentralized software into Finstar, as well as allowing Seba to use Finstar’s conventional services. Additionally, Seba…

Bitwise White Paper: Fake Trading Volumes by Exchanges Do Not Impact BTC Prices
American crypto investment manager Bitwise released a paper claiming that fake trading volumes by crypto exchanges do not impact bitcoin’s (BTC) price. Released on May 24, the white paper is an extended version of Bitwise’s March presentation alleging that 95% of volume on unregulated exchanges is fake.Published on the official website of the United States…

New Data Suggests Bitcoin and Gold Aren’t as Correlated as You Think
Bitcoin’s (BTC) classification has been a controversial and difficult topic for crypto-enthusiasts, investors, and regulators to reach a consensus on. The digital asset has been compared to a currency, a commodity, an investment asset or even said to have no underlying value. However, from the perspective of regulators, Bitcoin has been mostly associated and studied…