Coin Bureau

Coin Bureau

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Helping with the mass adoption of cryptocurrency by educating one person at a time. Not Financial Advice

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🚨BREAKING: 🏦The ECB warns stablecoins pose global financial stability risks. They warn that stablecoins could draw retail deposits away from eurozone banks and spark a sell-off of reserve assets.

🚨BREAKING: 🇨🇳China is now world's top 3 Bitcoin miner despite ongoing ban. Underground mining has lifted China’s hash-rate to 14, even though crypto mining has been banned since 2021.

🚨$1.94 BILLION EXITS CRYPTO FUNDS LAST WEEK! Digital asset investment products have now seen $4.92 BILLION leave in four weeks, the THIRD BIGGEST outflow run since 2018.

🚨TRADFI ATTACK ON STRATEGY? MSCI is considering removing Saylor's Strategy and other firms holding 50%+ of their assets in crypto from its indices. JPMorgan warns funds may be forced to sell Strategy shares worth $2.8 BILLION.

🚨ANIMOCA BRANDS TO MANAGE FUNDS Animoca Brands has received in-principle approval from Abu Dhabi’s FSRA to operate as a regulated Fund Manager.

🇰🇷S. KOREA FIU TARGETS TOP EXCHANGES South Korea’s Financial Intelligence Unit (FIU) is set to issue major penalties after citing widespread compliance failures across Korbit, Gopax, Bithumb, and Coinone.

📉STABLECOIN MARKET CAP DOWN $6B FROM ATH That’s the LARGEST monthly drop since May 2022’s UST/Luna crash, when almost $500B evaporated from crypto.

⚠️BITCOIN SLIDE TRACED TO ETF OUTFLOWS AND LIQUIDITY LEAKS NYDIG research shows the 3 BIG drivers of demand — ETFs, DAT, and stablecoin — are all reversing, pulling capital out of #Bitcoin.

🚨BREAKING: #Bitmine just bought $82 MILLION in ETH. Tom Lee added another 28,625 $ETH ($82.11M) and now holds nearly 3.6M $ETH.

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