Collings Web 3

U.S. tech firms vie for shrinking energy assets held by BTC miners who secure their share of the electricity supply for their AI and cloud computing data centers. #instaenergy #btc #techfirm #energyassets #btcminer

It's definitely a first in British history. Digital assets such as crypto and NFTs will now be considered as personal property by UK law. #instahistory #digitalasset #nfts #crypto #law #britishhistory

Now that's overwhelming! #Microstrategy #Blackrock #BTC

Spearheaded by Trump’s sons, Eric Trump, Donald Trump Jr, and 18-year-old Barron Trump, the DeFi project will be built on AAVE and Ethereum. It is built to facilitate decentralised borrowing and lending. #trump #defi #ethereum

Over 65% of all Bitcoin in circulation has remained unmoved for over a year, highlighting a major trend of long-term holding. This suggests strong investor confidence in Bitcoin's future potential and stability as a store of value, despite market volatility. #longterm #bitcoin #investorconfidence #circulation #investor

On Aug. 21, crypto scammers were able to get over $700k in Solana after using McDonald’s Instagram page to promote and rug a memecoin called "Grimace." The coin was described as a “McDonald’s experiment on Solana,” which was exposed to the fast food titan's 5.1m followers. #instafood #solana #mcdonald #cryptoscammer #crypto

Blockchain analytics platform Arkham Intelligence reported that the Salvadoran government has added 162 Bitcoin to the country’s holdings, amounting to 5,851 BTC or $356.4M. #bitcoin #btc #blockchainanalytics #blockchain

As the U.S. struggles with the stagnation on crypto regulation, the Brazilian Securities and Exchange Commission raised the go signal for its 2nd Solana ETF which is being offered by Hashdex. The news comes just 2 weeks after the investment vehicle was greenlit. #securities #solana #cryptoregulation #crypto #exchange #etf #investment

While there is a 12% drop in BTC's price during Q2, institutional investors are actively looking into BTC ETFs. Bitwise reported a 14% surge in institutional holders, a climb from 965 to 1,100 in the previous quarter. Said institutions are now managing over $11B in BTC ETFs. #institutionalinvestors #btc #investors #etf #bitwise

Institutional interest in Bitcoin ETFs surged in Q2 2024, with 1,008 institutions now holding them, up from 874 in Q1. Despite sluggish price action and fading retail interest, institutions are doubling down, reflecting growing confidence in Bitcoin's long-term potential. #longterm #bitcoin #doubledown #bitcoinetfs