It’s a stamp of approval for the layer 2 from United States regulators.
Read moreBitcoin 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 Monday.”
Read more3 key Bitcoin price metrics highlight traders’ lack of enthusiasm
Bitcoin price struggles as stablecoin and futures market data show declining confidence among traders.
Read morePrice analysis 8/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s recovery bounce is losing steam, indicating that the bears remain active at higher levels.
Read moreMorgan Stanley advisers can officially pitch Bitcoin ETFs
For now, the advisory platform is only recommending ETFs from BlackRock and Fidelity.
Read more'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.
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