Largest Crypto Miners Will Benefit Most From Capacity Growth: Bernstein
Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said.Source
Bitcoin Holdings on OTC Desks Decline 33%: Glassnode
Over-the-counter desk balances are widely considered a proxy for institutional activity.Source
Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China
Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai’s exchanges.Source
Cat Coin Toshi Purrs on New Base Blockchain
Base is officially going live next week, and some small-cap token hunters are already laying bets.Source
Crypto Options Volume on CME Rose to Nearly $1B in July: CCData
The increase in BTC options volume on the CME suggests that institutions might be hedging their positions.Source
Sam Bankman-Fried Faces Jail as Justice Department Pushes for Incarceration
FTX founder Sam Bankman-Fried’s defense isn’t denying that he shared former Alameda Research CEO Caroline Ellison’s diary with the New York Times, and so he should be “detained pending trial,” the U.S. Department of Justice said again in a filing late Thursday.Source
ProShares, Bitwise File for Bitcoin and Ether ETFs
If approved, the fund will measure “the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts.”Source
First Mover Asia: Bitcoin Remains Calm Above $29.1 K, but Is Higher Volatility in Its Future?
PLUS: A decrease in bitcoin supply active a year ago indicates that long-term holders have reduced their bitcoin exposure. Is hodling starting to wane?Source
Bitcoin Wobbles at $29K as XRP Leads Altcoin Losses; SHIB, Helium Gain
The largest cryptocurrency by market cap is likely to remain stubbornly rangebound a little above $29,000, market analysts believe.Source
LinksDAO, the Online Community That Bought a Golf Course, Is Accepting New Members
The tiers of membership offer various levels of access to the group’s private Discord, network of peer-to-peer private courses and eventual entry to its Spey Bay Golf Club.Source