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Global Bitcoin adoption is at 4.7% #bitcoin $BTC
Global Bitcoin adoption is at 4.7%
#bitcoin
$BTC
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One of the signs of a possible local peak for Bitcoin is a surge in available coins on OTC desks (205,000 BTC) This is the same amount as, for example, it was before the collapse of the FTX exchange according to Crypto quant 🙃 $BTC
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Key moments from a new interview with SEC Chairman Gary Gensler: — We control the capital market with a capacity of $110 trillion. Cryptocurrency is a small part of this market, but there are a lot of scams and problems. — Although the crypto market is very small compared to other segments, I get asked a disproportionate number of questions about it. The media is too focused on this market. — Many tokens are securities. — The issue of approval of ETF-ETH is being considered. Gensler once again did not directly answer the question of whether ETH is a security. $ETH
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Binance has refuted recent reports suggesting that DWF Labs were involved in market manipulation activities. The Wall Street Journal had published an article based on an anonymous Binance source, claiming the following: - READ -In 2023, Binance allegedly discovered instances of market manipulation involving crypto assets such as YGG, amounting to $300 million, which were attributed to DWF Labs. -Following these incidents, Binance reportedly dismissed the head of its surveillance team. Binance has denied these allegations, asserting that its robust market surveillance program would prevent such activities. The exchange stated that it actively prohibits manipulative traders and has banned 355,000 users with a combined transaction volume exceeding $2.5 trillion over the past three years. Additionally, DWF Labs has also discredited the information linking them to market manipulation, labeling it as unreliable. $BNB #BINANCE #DWFLabs
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