Bitcoin’s price may have stagnated in the past 24 hours, but the broader crypto market has been busy! For Bitcoin, the downward momentum appears to be weakening, which some believe indicates a reversal. A new report shows why the weekends are becoming so volatile, and the world’s largest Bitcoin miner is raising $250 million to buy more BTC. In other news, an Ether whale is dumping thousands of ETH worth over $150 million after holding it since its ICO, a Canadian crypto exchange founder was found to be using customer deposits to gamble with, and a US Court of Appeal has reversed the dismissal of the HEX manipulation case against Binance.US.

Further reading:

• Why Bitcoin is still poised to break $74K before end of year
• Bitcoin risks ‘sharp weekend price swings’ as ETFs suck up liquidity
• World’s largest Bitcoin miner announces $250M raise to buy more Bitcoin
• Bitcoin miners record lowest daily revenue of 2024
• Whale continues $154M dumping spree with 5K ETH deposit to OKX
• Whale buys nearly $13M of Ether, but price needs to reclaim $2.7K for next leg up
• Canadian crypto exchange gambled away $9.5M of users’ Bitcoin and Ether
• US Court of Appeals reboots HEX manipulation case against Binance.US

So, grab yourself a coffee, and let’s get into.

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