Author: Cointelegraph By Martin Young

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Bitcoin has room to fall amid ‘unusual’ open interest: CoinGlass

Total open interest on Bitcoin futures hit $29 billion on Aug. 16 despite a decline in Bitcoin’s price. Source link

California AI bill aimed at preventing disasters draws ire from Silicon Valley

Crypto VC giant a16z claims the AI legislation will “burden startups because of its arbitrary and shifting thresholds.” Source link

Two-thirds of institutional Bitcoin ETF holders held or bought more in Q2

44% of asset managers increased their Bitcoin ETF holdings, while 22% held their position, which was a “pretty good result,”…
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Stablecoin issuance could be key to the next Bitcoin rally: 10x Research

More than $2.5 billion has been issued by Tether and Circle over the past week, and 10x Research believes continued…
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‘Definitely some movement’ on Bitcoin ETF options as CBOE re-files application

CBOE has filed an updated 44-page rule change proposal “with more meat,” which could be good news for those hoping…
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Bitcoin whale txs hit highest levels in 4 months amid crypto dip

Santiment found that wallets holding between 10 and 1,000 BTC “rapidly accumulated” as Bitcoin fell under $50,000 amid “Crypto Black…
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Homeland Security leads to man charged over crypto recovery scam

At least 175 people claim they engaged Coin Dispute Network to help them recover funds but never saw a single…
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'Something is happening' — Bitcoin hodlers scooped $23B in the past 30 days

On-chain activity suggests that Bitcoin whales have been accumulating over the past month amid a market slump. Source link

SEC pushes back against Coinbase's 'overly broad' discovery requests

The regulator claims that Coinbase’s document discovery requests are overly broad and disproportionate to the needs of the case. Source…
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Bitcoin decline is similar to the start of the 2016 bull run: Peter Brandt

Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run. Source link