This seemed implausible. I looked into it and Bullish's "spot trading jump" of 62% in one month is likely explained by inclusion of wash trading or other non-conventional metrics
Also notable that the only news outlet to report it is owned by Bullish...
BREAKING: Bullish $BLSH explodes in NYSE debut, crypto exchange priced IPO at $37, opened near $90, and hit $107 intraday
Backed by Peter Thiel & owner of @CoinDesk, it raised $1.1B in the biggest U.S. crypto IPO in years
Anthropic says “fuck you” to the Pentagon’s ultimatum to drop AI safeguards that could enable mass domestic surveillance and fully autonomous weapons.
https://t.co/ZJN4a1Izdt
Introducing Binance Junior, a parent-controlled app and sub-account for kids and teens.
Build family-focused crypto savings and prepare your child for a future empowered by crypto.
Try it now 👉 https://t.co/q4Y50PvApy
We did this way back when with 1BTC fully funded 1Broker accounts given to us by @CollinCrypto and the results were similar
Nice to see some things never change
🚨BREAKING (I rarely use that term anymore, but this time I think it’s warranted 😁): All *three* crypto bills just passed the House and the GENIUS Act is now headed to @realDonaldTrump’s desk to become the first major piece of crypto legislation signed into law.
Despite the last few days of drama and uncertainty, Democrats and Republicans really showed up, voting in a much more bipartisan fashion than almost anyone expected.
Let’s recap:
📌The CLARITY Act passed in a vote of 294-134 with 78 Democrats voting in favor — more than double the ~35 expected, and more than the 71 who voted to pass FIT21 last year.
📌The GENIUS Act passed in a vote of 308-122 with 102 Democrats voting in favor.
📌The Anti-CBDC Act passed in a vote of 219-210 with 2 Democrats voting in favor.
The signing ceremony for the GENIUS Act is set for tomorrow afternoon at the White House.
A fitting (and happy) end to Crypto Week.
Fifteen years ago today, a guy named Laszlo made the first commercial transaction using BTC — buying two Papa John’s pizzas ($42) for 10,000 Bitcoin.
Today those coins are worth $1,108,900,000.
Office of the Comptroller rescinds previous guidance.
Banks and federal savings associations can now engage in crypto-asset custody, stablecoins, and participate in independent node verification networks.
https://t.co/peLXSemUiG
Over the past decade, the federal government sold approximately 195,000 bitcoin for proceeds of $366 million. If the government had held the bitcoin, it would be worth over $17 billion today. That’s how much it has cost American taxpayers not to have a long-term strategy.
The Treasury Department is announcing today that, with respect to the Corporate Transparency Act, not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing regulatory deadlines…