Bittrex to launch an exchange token in June — link

Open Interest of CME Bitcoin Futures is now at an all-time high of $400 million. Way above $338 million prior to the OI crash after February 14.

Options also had a second consecutive day of strong activity

Chinese Court: Bitcoin is ruled as a legal property but not a currency — link

Square's Cash App shattered its quarterly bitcoin sales volume record in Q1 2020 — link

By the end of Q1 2020 the countries with the largest number of registered exchanges were the UK, Hong Kong, Singapore, and the US.

Nearly 17.7% of all exchanges surveyed do not have countries of registration, or this information is not publicly available — link

Tether market cap reaches $8 billion

$USDT supply increased over 95% year-to-date

Year Progress:
▓▓▓▓▓░░░░░░░░░░ 35%

California assembly considers exempting some digital assets from state securities law — link

Since the last Bitcoin halving:

- Hash rate up 78x
- Exchange volume up 77x
- Miner revenue up 15x
- Market cap up 15x
- Price up 15x

Impressive 4 year run.

So, people pretty much don't care about buying bitcoin on halving event but they very much like to buy it at the top.

Graph shows search term "buy bitcoin" on Google.

More than 4Mil BTC did not move in last 5 years.

#Bitcoin fundamentals are stronger than ever.

As the halving approaches, let's zoom out and look at how on-chain fundamentals have developed historically, and how they compare to the last halving.

TL;DR – Network fundamentals are compelling; long-term bullish $BTC

THREAD Down pointing backhand index 👇

https://twitter.com/n3ocortex/status/1259584098932318208?s=20

Chart with #bitcoin S2FX model prices. Note S2FX is not a time series model like S2F, but a cross asset model. I just converted the 4 S2F-MarketValue clusters into BTC prices in the corresponding period. K— read

JPMorgan expanding blockchain project with 220 banks to include payments — link

Crypto hedge funds' assets under management doubled in 2019 to over $2 billion, new report indicates — link

A Swiss bank is planning to offer asset tokenization services later this year — link

Vitalik Buterin says much-delayed Ethereum 2.0 still on track for July launch — link