What happens when 1% of Bitcoin holders control 99% of BTC supply?
Whales have amassed a large portion of the Bitcoin in circulation, with around 1.86% of addresses holding most of the supply. Go to Source
Bitcoin Regulation
Auto Added by WPeMatico
SEC approves Grayscale Bitcoin Mini Trust for Trading on NYSE Arca
Grayscale must await final regulatory signoff on its registration filing before listing the fund Go to Source
Cross-border Bitcoin payments a top priority for Marathon Digital — Bitcoin 2024
The Bitcoin miner is seeking partners to build Bitcoin payment apps, a company executive said. Go to Source
Blackrock foresees “very little interest” in crypto ETFs beyond Bitcoin, Ethereum — Bitcoin2024
Clients see Bitcoin and Ethereum as complements, not substitutes, in crypto portfolios, according to Blackrock’s head of digital assets. Go to Source
VanEck says Bitcoin could hit $2.9 million per coin by 2050
Bitcoin Layer-2s could be collectively worth around $7.6 trillion, the report added. Go to Source
Coinbase UK fined $4.5 million for ‘high-risk’ customer onboarding
The $4.5 million fine could signal the start of more scrutiny for crypto exchanges in the region. Go to Source
Ethereum ETFs start strong but lag epic Bitcoin ETF launch: analysts
Analysts worry ETH will prove a harder sell than BTC to traditional investors. Go to Source
Grayscale announces plans for Bitcoin ETF spinoff
Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC. Go to Source
21Shares Ether ETF to waive fees for up to 6 months as issuers prep for listings
21Shares joins other Ethereum exchange-traded fund issuers that are slashing fees to woo investors. Go to Source
Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme
The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices. Go to Source
