Bitcoin pioneer Julian Assange free from prison – leaves UK after striking US deal

Expected to plead guilty to conspiring to disclose classified US documents, Assange's release marks a potential end to his prolonged legal battle.

Happy Tuesday!

The global crypto market cap is $2.29 trillion, with a 24-hour volume of $86.72 billion. The price of Bitcoin is $61,865.62, and BTC market dominance is 53.3%. The price of Ethereum is $3,415.83, and ETH market dominance is 18.0%. The best-performing sector is Base Ecosystem, which gained 27%. The Crypto Fear & Greed Index is currently Extreme Fear (30).

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📰 Top News

Bitcoin pioneer Julian Assange free from prison – leaves UK after striking US deal

Expected to plead guilty to conspiring to disclose classified US documents, Assange's release marks a potential end to his prolonged legal battle.

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👀 Metric of The Day

The German government still holds 46,359 BTC, estimated to be worth over $2 billion.

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Bitcoin sees $630 million outflow as crypto ETP trading volume hits new low amid market’s ‘true correction’

Investors turn attention to altcoins like Solana amid the broader market downturn.

Louisiana signs bill to ban CBDCs, protect right to self-custody and mine crypto

The same issues are at play in several other US states.

Telegram-based web3 game Hamster Kombat draws Irani general’s ire amid rising local player base

Irani officials have raised concerns over a new web3 "tap-to-earn" game called Hamster Kombat that has gripped the local populace amid deteriorating economic conditions.

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📈 Latest Insights

• BlackRock’s IBIT only outflow marked local Bitcoin bottom indicating key signal

• Bitcoin’s supply in profit drops to 80% as post-halving effects take hold

• Bitfinex whales boost long positions by 2,500 BTC

• Short-term Bitcoin holders’ sell-off leads to third-largest loss in 2024, totaling $537 million

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🗞️ More News

• Polkadot’s eyes stablecoin dominance with new proposal

• Coinbase could face regulatory challenges over alleged ‘tailored accounting metrics’ under new FASB rules

• Germany intensifies Bitcoin sell-off before 5% rebound in market rally

• Cathie Wood says she will vote for Trump as he is ‘best’ choice for US economy

• Biden administration brings back past crypto adviser Carole House

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Latest Market Report

Crypto derivatives markets: Bitcoin vs. Ethereum

CryptoSlate's latest market report dives deep into the theoretical and practical differences between BTC and ETH and explores their respective futures, options, and perpetual futures markets.