Two days ago demand for spot #Bitcoin ETFs hit an all-time h | NewsBlockCrypto on Binance Square

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Two days ago demand for spot #Bitcoin ETFs hit an all-time high. 🚀

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📊👀 #BTC CQ: Over the past 24 hours, the futures market saw two large spikes in short‑position closures $540M and then $460M, totaling $1B.

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🇫🇷 France plans to mine Bitcoin on nuclear energy! The country’s parliamentarians proposed to direct excess electricity from nuclear power plants (which is usually lost or sold at a loss) to the operation of mining farms. The potential profit is up to $150,000,000 per year for every 1 GW of excess energy.

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🇰🇷 The Upbit exchange faces a record fine of up to 183,000,000,000,000 won ($131b) in South Korea for massive violations of KYC rules. ⊹ More than 9,500,000 cases of customer identification violations have been identified. ⊹ Most violations are the lack of identity verification for users. ⊹ The maximum fine is up to 100,000,000 won for each case.

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