coincenter

A16Z, CIRCLE, RIPPLE, AND OTHERS EXPRESS SUPPORT FOR SENATE REPUBLICANS’ CRYPTO MARKET STRUCTURE BILL

According to Eleanor Terrett, following Coinbase’s public opposition, multiple crypto companies and industry associations have issued statements supporting the Senate Republicans’ crypto market structure bill.

So far, #a16z , #Circle , #Kraken , the Digital Chamber, #Ripple , and #CoinCenter have all voiced their support.

US senate finance committee to discuss crypto tax matter next week.
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#CoinCenter #coinbase #UnitedStates #trending

1. BlackRock’s iShares Bitcoin Trust (IBIT) Dominance

BlackRock’s IBIT has emerged as the largest institutional holder of Bitcoin, currently holding around 781,000 BTC, which puts it ahead of major exchanges like Coinbase and Binance, and second only to the elusive Satoshi Nakamoto.
Crypto Economy
AInvest
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CryptoPotato
DailyCoin

This massive accumulation represents roughly 3% of Bitcoin’s total supply, valued at $88 billion as of August 2025.
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Cointelegraph

Such consolidation significantly reduces available circulating supply, contributing to price support and market stability.
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DailyCoin

2. Recent Sell-Off and Market Flows

Amid ETF outflows, BlackRock reportedly sold approximately $111 million worth of Bitcoin (about 1,885 BTC) and $254 million in Ethereum, moving these assets to Coinbase.
CoinCentral
Binance

Over the week ending August 22, around $500 million in Bitcoin was offloaded, driven by sustained ETF outflows since August 15, totaling nearly $1.2 billion in withdrawals.
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Mitrade

3. Implications for Market Structure

IBIT’s sizable holdings are reshaping institutional adoption in crypto—bringing more regulatory clarity, improved custody standards, and long-term investment foundations.
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DailyCoin

However, this centralization toward one institutional player raises questions about Bitcoin's decentralized ethos.
AInvest

Current outflows also sparked substantial sell-offs, contributing to market volatility in the short term.
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CoinCentral
Mitrade

#Binance #BTC #blackRock #CoinCenter

⚖️ Ethereum on Trial?! Coin Center Steps In to Defend the Code

In a shocking twist, Coin Center just entered the courtroom battle over the $25M Ethereum MEV exploit — defending two brothers accused of manipulating validator transactions for profit.

The U.S. government claims the pair weren’t “honest validators” — but Coin Center fired back, saying “honesty” in crypto is mathematical, not moral.
If you follow the protocol, you’re playing by the rules. Period.

💥 Coin Center warns that turning “honest validation” into a legal concept could wreck the foundation of blockchain neutrality — where code is law.

The trial’s verdict could reshape how MEV, validation, and blockchain “fair play” are judged worldwide.
If the prosecution wins, devs and validators could face criminal risk for following protocol logic.

👀 The crypto world is watching this one closely.
This isn’t just about two devs — it’s about whether the Ethereum network itself gets a say in what’s “legal.”
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#Ethereum #CoinCenter #SolanaETFInflows #BinanceHODLerMMT #CryptoLaw