Bitcoin market absorbs 1 million BTC in 5 months.

Quick Take While Bitcoin currently trades approximately 20% below its all-time high, the more compelling narrative unfolds within the dynamic flow of coins between short-term holders (STHs) and long-term holders (LTHs) LTHs, holding Bitcoin for over 155 days, typically accumulate during bear markets and distribute during bulls. origin »

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McHenry slams Gensler for misleading Congress about Ethereum’s classification.

House Financial Services Committee Chairman Patrick McHenry has accused SEC Chair Gary Gensler of misleading Congress concerning the classification of Ethereum during his testimony in April 2023. The accusation comes amid escalating tensions over the regulatory approach to digital assets in recent months, with some industry participants filing lawsuits against the watchdog for overstepping its […] The post McHenry slams Gensler for misleading Congress about Ethereum’s classification appeared first on CryptoSlate. origin »

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PolkaBotAI Looks to Decentralize AI with OriginTrail and Polkadot.

PolkaBotAI, OriginTrail, and Polkadot have announced plans to combine efforts to revolutionize artificial intelligence (AI) education through decentralization. At the forefront of this initiative is PolkaBotAI, a Decentralized AI education hub on Polkadot, set to launch in the coming months with support from the Polkadot Treasury. origin »

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