Tracking Bitcoin bills: A state-by-state breakdown of US crypto legislationCryptoSlate's latest report dives deep into Bitcoin regulation to compile and summarize Bitcoin legislation in the US on a state-by-state basis.Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. 📰 α Weekly ReportTracking Bitcoin bills: A state-by-state breakdown of US crypto legislationCryptoSlate's latest report dives deep into Bitcoin regulation to compile and summarize Bitcoin legislation in the US on a state-by-state basis. 📖 α Weekly ResearchLong-term holders continue to accumulate as short-term sellers react to market stressBitcoin's sell-side risk ratio shows steadfastness among long-term holders and volatility among the less committed short-term holders. Unrealized losses hit highest level since October 2023 as Bitcoin dropped to $76kThe sharp drop in unrealized losses followed by a recovery resembles historical phases in which the market consolidates before setting the stage for a new upswing. 📖More α ResearchBitcoin futures volume spikes almost 300%, but open interest wanes amidst market volatilityBitcoin futures volume ballooned in response to geopolitical tensions, revealing a speculative market with shrinking commitments. Bitcoin’s estimated leverage ratio falls below short-term average as traders pull back after March spikeTraders are becoming more cautious after March leverage peak. Bitcoin floats in a midrange limbo as sell-side risk ratio remains subdued amid downtrend in spot volume trendsLack of aggressive selling keeps Bitcoin steady in a low liquidity environment. |
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Tracking Bitcoin bills: A state-by-state breakdown of US crypto legislation