Bitcoin Stock-to-Flow Model, Rooted in ‘Hard Money’ Narrative, Goes Off Course Posted on 2021-07-06 by Patrick Crypto analyst ‘PlanB’ said that BTC/USD is now the furthest away from his stock-to-flow model’s estimates in over two years. + News
Bitcoin’s Weekend Price Bounce Fades Even as Exchange Balances Drop Posted on 2021-07-06 by Patrick The number of coins held on exchanges has fallen by more 25,000 in two weeks. + News
Bitcoin Supply Held by ‘Whale Entities’ Hits Two-Month High in Bullish Sign Posted on 2021-07-06 by Patrick Blockchain data shows wealthy investors are coming back to the bitcoin market. + News
Thailand SEC Files Criminal Complaint Against Binance Posted on 2021-07-05 by Patrick The SEC alleges the crypto exchange is operating a digital-asset business in the country without a license. + News
India May Have Quietly Shown Its Hand on Crypto Regulation Posted on 2021-07-05 by Patrick A recent enforcement action against Wazir-X, India’s largest exchange, offers a glimpse of how regulators might eventually treat cryptocurrency there. + News
Bitcoin Mining Difficulty Records Largest Drop in History; Price Jumps Posted on 2021-07-04 by Patrick Miners who remain operational are likely to become even more profitable over the coming weeks. + News
German Law Allowing $415B Investment Into Crypto Takes Effect Posted on 2021-07-03 by Patrick The law allows “special funds” to invest up to 20% of their assets in crypto. + News
Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost Posted on 2021-07-03 by Patrick Investors who locked in borrowed coins will need to repurchase those to repay the loan, cryptocurrency pundits say. + News
Aave, Fireblocks and Galaxy Explore Next Steps Toward Permissioned DeFi Posted on 2021-07-03 by Patrick The whitelisting and blacklisting of DeFi participants will make life easier for institutions, but potentially at a cost. + News
USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling Posted on 2021-07-03 by Patrick The growth could be the result of traders looking for faster and cheaper transactions compared with Ethereum. + News