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📉 $479M Inflows into Bitcoin on Binance While Selling Pressure Increases
📢 Nearly 7,600 BTC have been transferred to Binance, equivalent to approximately $479 million at current prices, indicating increased selling activity.
⚡ Microtransactions Are Now Dominating Bitcoin Activity
📢 Bitcoin network activity is on the rise, and microtransactions now account for nearly 80% of all BTC transactions, according to data from CryptoQuant.
🚨 SBF Allegedly Plans to Launch a New Token After Getting out of the Slammer
📢 According to New York Magazine, the former CEO of FTX, Sam Bankman-Fried, mentioned to another inmate that he’s looking to drop a new crypto once he’s out of the clink.
🪙 Strategy Claims Its Bitcoin Reserves Cover 32 Years of Dividends
📢 Strategy asserted that its significant Bitcoin reserves provide ample coverage to sustain dividend payments for the next 32 years, bolstering the company's confidence in its treasury strategy.
📢 Moody’s Ratings has integrated machine-readable credit ratings on the Solana blockchain through a collaboration with Alphaledger, expanding its strategy to bring financial data onchain.
📈 Coinbase CEO Thinks Bitcoin Hit Bottom Around $60,000
🗣️ Coinbase CEO, Brian Armstrong, stated that he believes Bitcoin has found a floor near $60,000, drawing on historical patterns linked to the four-year halving cycle.