Bitcoin’s Biggest Whales Are in Decline

Some of crypto’s rarest and largest ocean dwellers are quickly becoming endangered this year—in fact, the number of Bitcoin’s biggest whales has dropped to its lowest point in history. Blockchain journalist Colin Wu tweeted the data from blockchain metrics site Glassnode earlier this afternoon. As of today, the number of Bitcoin addresses holding 1,000 Bitcoins …

What CME Micro Futures Mean for the Bitcoin Market

Derivates marketplace Chicago Mercantile Exchange (CME) Group today launched micro Bitcoin futures at one tenth the size of one Bitcoin. The new offering aims to attract priced-out retail investors and flexibility-seeking institutional investors. What it boils down to is that Bitcoin futures contracts are now available to investors at $6,660 in today’s market—a far cry …