Episode Details

28th Nov: Crypto & Coffee at 8
🟠 HODL Bitcoin: Record-Breaking Inactivity 🟢Ethereum Record 94,000 New Accounts ❗ Grayscale ETF amendments ⚫OKX launches in Brazil▪️

🟠HODL: 70.35% of the circulating supply has remained inactive for over a year, More info on this via CoinDesk here https://lnkd.in/dRe6sj2Q Bitcoin holders seem to have no intention of selling their holdings at the current price levels, and thre is no indication of plans to do so in the near future. Will this change once we get some news regarding BTC Spot ETF?

- Tom Farley, former NYSE President, & CEO of Bullish foresees a surge in crypto investments upon SEC approval of spot bitcoin ETFs, citing their simplicity and the widespread belief in bitcoin’s value. He emphasizes Bitcoin as a significant innovation, expressing confidence in its appeal to investors. More info https://lnkd.in/dZi5_84x

🚀#BTC Mining Difficulty
Bitcoin mining encounters a noteworthy development as the network undergoes a substantial adjustment at block height 818,496, leading to a remarkable 5.07% increase in blockchain difficulty. This surge propels the difficulty to a record-setting high of 67.96 T, as reported by BTC Blockchain Explorer data BTC.com has more info here https://lnkd.in/dXxTHKSm

🟢 Ethereum: Record 94,000 New Accounts And $32 Million In Staked Funds. The latest data trends from on-chain sources via CryptoQuant reveal a significant rise in the number of new user addresses for Ethereum. Ethereum (also marked a significant achievement on November 4th. The total funds staked in the Ethereum 2.0 smart contract saw a notable increase, reaching an impressive milestone of $32 million. More info via NEWSBTC here https://lnkd.in/d3wUknTD

Grayscale’s Amended Filing for Spot Bitcoin ETF
❗ On November 22, Grayscale submitted a revised filing to the U.S. Securities and Exchange Commission (SEC) for its upcoming spot Bitcoin Exchange-Traded Fund (ETF). This filing, categorized as an amendment, is a common type employed by companies that have fulfilled reporting requirements. Filing here via James Seyffart, CFA, CAIA X account https://lnkd.in/di9xeZ2X
 

🚨 OKX launches crypto exchange, wallet services in Brazil
OKX, a cryptocurrency exchange and Web3 developer has revealed plans to broaden its offerings for users in the Brazilian m