Arkham data shows six entities hold 4.25 million BTC, about 21% of Bitcoin’s eventual supply. With an estimated 3.7 million BTC permanently lost, the amount actually available to trade is far below the 21 million cap.
New York has sued Coinbase Financial Markets and Gemini Titan, arguing their event-based trading products are illegal gambling under state law, setting up a direct fight over state authority and federal derivatives oversight.
A deep dive into how bridges, rollups, and sidechains enable cross-chain interoperability, their security risks (over $2B lost in bridge hacks in 2022), and how they complement each other.
A Musk trust will pay a $1.5 million civil penalty to resolve SEC allegations that he disclosed his 2022 Twitter stake 11 days late, saving about $150 million. A separate shareholder lawsuit continues.
Tom Lehman renews efforts to include EIP-8182 in Ethereum's Hegota upgrade, proposing a protocol-managed shared shielded pool with ZK proof verification to solve privacy pool fragmentation. Joins EIP-8141 and EIP-8250 in the upgrade cycle.
BlackRock’s spot Bitcoin ETF posted its second-largest daily outflow since launch, while U.S. spot Bitcoin ETFs recorded one of their heaviest exit sessions since January 2024, reinforcing ETF flows as a key short-term driver for BTC.
The global crypto market cap fell to $2.42 trillion, down 2% in 24 hours. BTC slipped to $68,971, ETH fell to $2,019.26, and the Fear and Greed Index remained deep in extreme fear at 11.
Bitcoin slipped back under $80,000 after a failed breakout attempt. CryptoQuant sees rising profit-taking and a bear-market style rebound, while Glassnode says the move may reflect an early structural recovery with $85,200 as the next major resistance.
