The industry also pursued a concerted effort to establish institutions inside the Beltway. The Blockchain Association, DeFi Education Fund, Stand With Crypto, …
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Tag:
Abandon
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Mining
BitFuFu may abandon its 80 MW Ethiopia Bitcoin mine purchase over a power dispute
by shayaanby shayaanThe deal never closed. The agreement has a number of unfulfilled conditions. BitFuFu is now reviewing its “contractual rights and available remedies.” …
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In brief Brent passed $100 for the first time in six weeks after Houthi strikes on Saudi facilities and U.S. attacks on …
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Markets
A rare CME shift: Hedge funds abandon structural shorts to bet on a bitcoin rally
by shayaanby shayaanCME leveraged funds turn net long as weak futures yields undermine the once-popular basis trade. www.coindesk.com
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Finance
Bitcoin Pulls In $706M as Traders Abandon Short Positions in Massive Sentiment Shift
by shayaanby shayaanDigital asset investment products posted inflows of $857.9 million, and extended six straight weeks of positive flows – the highest weekly figure …