Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

Bitcoin’s slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.Source

Wisconsin Pension Plan Likely to Invest Much More in Bitcoin ETF, Marquette Professor Says

The first quarter addition of two spot bitcoin exchange-traded funds (ETFs) to the portfolio of Wisconsin’s pension plan was likely just the beginning for that U.S. state’s investments into crypto, said David Krause, a professor of finance at Milwaukee-based Marquette University.Source

Uniswap Vote Delay Shows DeFi Stakeholders Aren’t All in It Together

The Uniswap Foundation keeps punting on a “fee switch” proposal that would give UNI governance token holders a cut of liquidity providers’ revenue.Source

Former Binance CEO CZ Begins 4-Month Prison Sentence in California

Binance founder Changpeng “CZ” Zhao has reported to a federal prison in California where he will spend the next four months for failing to implement an adequate know-your-customer (KYC) program at the world’s largest cryptocurrency exchange.Source