Here is what happened yesterday in the crypto market:
Early Bitcoin Whales Move BTC as Market Liquidates
An early Bitcoin investor sold 80,000 BTC via Galaxy Digital, marking one of the crypto market’s largest transactions. This comes as over half a billion in long positions were liquidated following Bitcoin’s dip below $116,000.
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Corporate Bitcoin Adoption Accelerates
35 publicly traded companies now hold at least 1,000 BTC each, indicating growing institutional interest in Bitcoin despite recent market volatility.
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US ‘Waking Up’ to Crypto Policy, Says Senator Lummis
Senator Cynthia Lummis believes the US is finally catching up on crypto policy after a historic legislative week, signaling potential progress in regulation.
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AI Tools May Enhance Smart Contract Security
Smart contract developers and auditors suggest that artificial intelligence can improve crypto security, countering fears that AI-generated code might introduce new vulnerabilities.
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Nigeria Embraces Stablecoin Firms Under Regulatory Oversight
Nigeria’s Securities and Exchange Commission announced the country is welcoming stablecoin businesses that comply with local regulations, signaling a progressive stance on crypto.
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