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Bitcoin’s issuance rate drops below gold’s after recent halving: Glassnode

Bitcoin’s issuance rate drops below gold’s after recent halving: Glassnode

Bitcoin’s fourth halving event has resulted in BTC decisively surpassing Gold in terms of issuance scarcity, Glassnode analysts said.

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Binance Founder Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support

Binance’s founder and former chief executive, Changpeng “CZ” Zhao has apologised for his “poor decisions” and accepted “full responsibility” for his actions, in a letter to the judge overseeing his case.

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Number of Stablecoin Holders Nears 100M Mark, Data Show

The number of addresses holding stablecoins has risen 15% this year.

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Worldcoin subsidiary expects to sell WLD tokens from treasury to ‘support’ network growth

World Assets, a subsidiary of the Worldcoin Foundation, plans to sell WLD tokens from the World Assets treasury over the coming months.

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Nigeria Directs Entities to Identify Those Dealing Crypto With Bybit, KuCoin, OKX and Binance

The Central Bank of Nigeria issued a directive on Tuesday asking financial institutions to identify persons or entities transacting in or operating Bybit, KuCoin, OKX and Binance, according to contents of the letter seen by CoinDesk.

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Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally

Some banks, however, expect the dollar index to stay firm over the near term.

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What’s at Stake for Crypto in India As the World’s Largest Democracy Is in the Midst of Its National Election?

India’s general election in 2024 is not expected to immediately affect crypto policy, and its current – restrictive – rules are expected to continue on through the upcoming Parliamentary term.

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Hedera’s HBAR Doubles, Then Falls 25%, as BlackRock Links Diminish

Hedera’s native HBAR token surged by more than 107% on Tuesday as investors believed that BlackRock was involved in a fund tokenization project on the Hedera blockchain, the token then slumped by more than 25% as BlackRock turned out to have no involvement in the launch.

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In Mexico’s Biggest Election Yet, Crypto Remains on the Sidelines

Mexico is poised to have its biggest election ever in a few weeks, with 100 million voters choosing 628 elected officials, thousands of local officials and the president. And crypto issues will remain on the sidelines during the campaign.

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US spot bitcoin ETFs see third consecutive day of net inflows

Grayscale’s GBTC recorded $66.88 million in net outflows, while funds from BlackRock, Ark Invest and Bitwise recorded net inflows.

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