Bitcoin's Record-Breaking Activity and Hong Kong's Crypto Regulations
This episode covers Hong Kong's crypto exchange regulations and SFC licensing requirements, Bitcoin's record-breaking transaction activity, analysis of trading volume and price predictions, Binance's delisting of several cryptocurrencies, Bitcoin price breakout analysis, network fundamentals, miner challenges, and a massive Bitcoin withdrawal from Kraken.
Key Points
- Hong Kong's stringent licensing regulations for crypto exchanges are causing major global exchanges to withdraw their applications, shaking market confidence.
- Bitcoin holders moved over 367,000 Bitcoin valued at more than $25 billion on May 28th, marking the highest transaction value recorded in the past year.
- Binance's decision to delist several cryptocurrencies, including WAVES and OMG Network, has led to significant price drops for the affected tokens.
Chapters
0:00 | |
0:30 | |
1:25 | |
3:46 | |
5:45 | |
7:09 | |
10:22 | |
16:04 | |
17:16 | |
19:21 | |
19:45 |
Transcript
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