by Michael
Key TakeawaysA developer reported near-zero crypto payments at El Salvador’s Bitcoin Beach, sparking adoption concerns.Vendors noted almost all customers now pay by card, showing a severe decline in everyday crypto use.Experts suggest users hoard bitcoin expecting... 
by Michael
Key TakeawaysBitmine bought 32,447 ETH last week, lifting holdings to 5.85M ETH.Ethereum’s price surged 30% as Bitmine staked 5.06M ETH, boosting its annualized yield outlook to $330M.Bitmine is nearing its 5% ETH target, with staking rewards potentially reaching... 
by Michael
Key TakeawaysBlock Bits’ Dillman was convicted on 5 counts after raising about $960,000. Law360 was the first to report on the conviction.SEC allegations peg Block Bits investor losses at roughly $508,000.Dillman faces sentencing and an SEC case after the Aug. 24... 
by Michael
Key TakeawaysTrader bowen1476, hasn’t posted a winning short since a 700 BTC trade in May 2026.Bitcoin’s 22% weekly rally, tied to Treasury bond buybacks, has squeezed short sellers since August 19.The new 40x short on 300 BTC needs bitcoin to fall back under its... 
by Michael
Key TakeawaysBitcoin’s price per unit hit $79,989 as exchange open interest raced toward $58 billion.Deribit calls command 59.37% of BTC options open interest as bulls pile in.Binance and Deribit max pain sits near $70,000 for the Aug. 28 expiry. Bitcoin Open Interest... Translate »
