Bitcoin Hits $1T Realized Cap as Price Holds Above $118K After $9B BTC Sale by Satoshi-Era Whale

Bitcoin continues to trade above the $118,000 mark, holding steady after a week of significant institutional developments and a landmark milestone in on-chain metrics. According to CoinDesk Data, BTC was last up 1.45% over the past 24 hours, bringing its 30-day gain to 10.42% and lifting its year-to-date performance to more than 26%. Blockchain analytics … Read more

$100K Per Engine? How Bureaucrats Made CNG Illegal in the US in Everything but Name

Vehicles can be converted to run on compressed natural gas with relative ease. TLDR: The US has the world’s largest natural gas reserves (24% of global production) and infrastructure, yet maintains the world’s most restrictive CNG regulations, resulting in <0.1% market penetration while China operates 8.76 million CNG vehicles and India has 7.5 million. EPA … Read more

State of Crypto: The Senate Responds to Clarity Act

The Senate Banking Committee has introduced a discussion draft bill for addressing crypto market structure, tackling part of what will overall be a significant legislative push to meet the House’s Clarity Act. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future … Read more

SUI Soars 15% as Analysts Predict Breakout to as High as $10 on Surging Momentum

Sui (SUI) rallied 15% on Saturday to $4.23, extending its multi-week surge and outperforming most major cryptocurrencies. The token is now up 13.1% over the past week, 28.7% in the last 14 days, and 62.3% over the past month, according to CoinDesk data. The move drew renewed attention from crypto traders, with analysts flagging potential … Read more

Granger Causality and the Negative Wealth Effect in BAYC-Linked Virtual Assets

Table of Links Abstract and 1. Introduction 2. Data and Methodology 2.1 Bubble Timestamping 2.2 Cryptocurrency-LAND Wealth Effect 3. Results 3.1 Bubble Timestamping 3.2 Cryptocurrency-LAND Wealth Effect 3.3 Granger Causality Test 4. Conclusion and References Appendix: Bored Ape Yacht Club’s Otherside Appendix: Bored Ape Yacht Club’s Otherside Bored Ape Yacht Club (BAYC) is arguably the … Read more