Rise’n’Crypto Will Bitcoin chase new highs as GBTC outflows slow? Do Kwon released from prison, EU’s war on crypto
Last week started with inordinately large outflows from the Grayscale Bitcoin Trust, slowing day-by-day throughout the week. Some analysts now believe Bitcoin’s price has been consolidating, and it’s back on the hunt for all-time highs despite a mysterious lack of FOMO, according to Google Trends. Elsewhere, the EU wants to lift the veil on anonymous crypto transactions but scraps the $1,000 payment limit for self-custody wallets, and Do Kwon has been released from prison while Montenegro figures out where to send him.
Further reading:
- GBTC outflows meet ‘incredible demand’ ― 5 things to know in Bitcoin this week
- Bitcoin price clear for new record high as GBTC outflows drop to $170M
- EU scraps proposed $1K payment limit for self-custody crypto wallets
- Hospitality worker caught with $2.5B Bitcoin found guilty of money laundering
- Terra founder Do Kwon released in Montenegro
So, grab yourself a coffee, and let’s get into it!
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