Mysterious whale stacks $118M in WBTC, ‘boring’ Bitcoin, the $30-trillion RWA market

Bitcoin is back above $60,000, and there is a lot of moaning about BTC price action being “boring,” but anyone who has spent 10 minutes in crypto will know that it’s typically short-lived, which is what several analysts are predicting. Is a break-out imminent? In other news, a mysterious whale has scooped up over $118 million in Wrapped Bitcoin amid the controversy surrounding the token, the US is looking at applying a fiat reporting mandate to crypto transfers, China has changed its AML regulations to include crypto, and is the tokenization of real-world assets (RWAs) a “$30 trillion opportunity?” Carve 10 minutes out of your day for all this and much more!

Further reading:

• Bitcoin analysts converge on a breakout in September — But is $86K possible?
• Unknown crypto whale has been scooping up WBTC amid controversy
• US mulls applying fiat reporting mandate on crypto transfers
• China supreme court revises Anti-Money Laundering law to include ‘virtual assets’
• Tokenized RWAs are ’a $30-trillion opportunity’ — Polygon exec
• Colorado church group tokenizes $2.5M chapel

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