2018-12-6 21:26 |
Bitcoin price in Telegram @btc_price_every_hour
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Bhutan-linked wallets controlled by Druk Holding & Investments (DHI) moved more than 284 bitcoin worth roughly $22 million over the past week, according to on-chain data from Arkham Intelligence.
Bitcoin fell to $70,000 on Thursday, with on-chain metrics and market flows signaling a structurally weaker environment and global equities struggling for direction. CryptoQuant’s latest weekly report suggests the current downturn reflects deeper market weakness rather than a routine correction.
Blockchain intelligence firm TRM Labs reached a $1 billion valuation after closing a $70 million Series C funding round backed by major financial institutions.
Brazil’s Mercado Bitcoin has issued more than $20 million in tokenized private credit on Bitcoin sidechain Rootstock and is targeting $100 million by April.
Bitcoin’s rebound masks weak technicals and onchain signals that point to continued downside risk, with miners and exchange flows reinforcing the bearish trend.
The Canadian self-regulatory organization outlined custody limits, capital thresholds and reporting rules while long-term regulation remains in progress.
Base’s Jesse Pollak says L2s can’t be “Ethereum but cheaper” as builders respond to Vitalik Buterin’s call for specialization.