Market Analysis:
The price of Bitcoin exceeds $108,000 and institutional interest is increasing. However, the net demand for Bitcoin is falling according to on-chain data.
Other News
- Regulation:
The halt of CBDCs is expanding and reaching Korea. Furthermore, Bitcoin reserve laws are collapsing and being banned in the United States.
- Companies:
Tether is pursuing Bitcoin mining in Brazil and Bit Digital raised USD 160 million to purchase Ethereum.
