LensLinks: Issue 281

New Record: $646 Billion in BTC Now “In The Money”, brought to you by Regiment LLC

Author

Len Pacek
December 05, 2023

Today in LensLinks:

  • Bitcoin Holders Profitability Breaks 2021 Record as $646 Billion in BTC Now “In The Money”

  • Thinking of hibernating through the metaverse winter?

  • U.S. Judge Warns SEC Over 'False and Misleading' Request in Crypto Case

  • As Bitcoin crosses $41K, accumulation rises

  • Play Top 1000 Games for Earning Part 2: Play and Earn on Christmas - CryptoSaurus

  • Metaverse: The Real Future of the Virtual World

  • Forbes built a Hall of Shame for all the questionable people on its 30 Under 30 lists

  • There Are Tentative Signs of Revival in DeFi and NFT Markets, JPMorgan Says

  • Forbes built a Hall of Shame for all the questionable people on its 30 Under 30 lists

  • This is What's Causing the Bitcoin (BTC) Price Rally Above $40K, Expert Says

  • How crypto investors behave — and why the industry needs regulation | MIT Sloan

  • Singularity: Google’s Robots Get Smarter With AI: Next Level Material Creation; Mycotopia Therapies Acquires AI Robotics Assets with a Total Transaction Value of $9 Million; Alibaba Shuts Down its Quantum Computing Effort;

  • ESG: Polluting Bitcoin Mines Come to Rural Georgia

  • And Much, Much, More…

#regimentco #

QUOTABLE

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“(the percentage of Bitcoin wallets with positive gain) is due to the average purchase price of BTC being substantially lower following the bear market.”

- Bokiko, the founder of the mining platform Cloudiko

NOTABLE

Bitcoin Holders Profitability Breaks 2021 Record as $646 Billion in BTC Now “In The Money”

Data shows Bitcoin profitability has surged past the highest level recorded in 2021, with the overwhelming majority of holders in profit.

thecryptobasic.com/2023/12/01/bitcoin-holders-profitability-breaks-2021-record-as-646-billion-in-btc-now-in-the-money

Metaverse & Gaming

Thinking of hibernating through the metaverse winter?

When do enterprises need a metaverse, and how do they avoid being caught short when the time comes? Internal enterprise immersive experiences pack plenty of value now and ensure you’re ready when the metaverse winter thaws.

www.cio.com/article/1249627/thinking-of-hibernating-through-the-metaverse-winter.html

Blockchain, Tokens & DeFi

U.S. Judge Warns SEC Over 'False and Misleading' Request in Crypto Case

A federal judge threatened to sanction the SEC's lawyers after their "false" arguments prompted a court to impose a temporary restraining order on crypto firm Debt Box.

www.coindesk.com/tech/2023/12/01/us-judge-warns-sec-over-false-and-misleading-request-in-crypto-case

Crypto Trading

As Bitcoin crosses $41K, accumulation rises

New addresses pour into the Bitcoin network as more users anticipate an upcoming bull run.

eng.ambcrypto.com/as-bitcoin-crosses-40k-accumulation-rises

Metaverse & Gaming - a little more…

Play Top 1000 Games for Earning Part 2: Play and Earn on Christmas - CryptoSaurus

Not only is the gaming industry very busy and excited during the holidays, but it is also opening up opportunities never seen before. As promised, we're

cryptosaurus.tech/play-top-1000-games-for-earning-part-2-play-and-earn-on-christmas

Metaverse: The Real Future of the Virtual World

Metaverse allows users to feel like stakeholders rather than customers. This characteristic will make it desirable for every smartphone user.

readwrite.com/metaverse-the-real-future-of-the-virtual-world

Blockchain, Tokens & DeFi - a little more…

Forbes built a Hall of Shame for all the questionable people on its 30 Under 30 lists

The Forbes 30 Under 30 lists have included some people who turned out to be dubious, or even criminals, such as Sam Bankman-Fried and Martin Shkreli.

www.businessinsider.com/forbes-hall-shame-30-under-30-lists-regrets-sbf-ftx-2023-11

There Are Tentative Signs of Revival in DeFi and NFT Markets, JPMorgan Says

Expectation of U.S. approval of a spot bitcoin ETF has led to an increase in DeFi and NFT activity in recent months, the report said.

www.coindesk.com/markets/2023/11/30/there-are-tentative-signs-of-revival-in-defi-and-nft-markets-jpmorgan-says

SoFi shutters crypto trading following Fed regulation

Customers of the bank’s crypto service have until Dec. 19 to migrate their holdings to Blockchain.com

blockworks.co/news/sofi-shutters-customers-migrate-holdings

Crypto Trading - a little more…

This is What's Causing the Bitcoin (BTC) Price Rally Above $40K, Expert Says

Bitcoin's price is up over 5% in the past 24 hours and an expert is giving an interesting reason for the rally above $40K.

cryptopotato.com/this-is-whats-causing-the-bitcoin-btc-price-rally-above-40k-expert-says

Brazilian lender Itau launches crypto trading

Brazilian bank Itau Unibanco on Monday launched a cryptocurrency trading service for clients of its investment platform, making the nation's largest lender the latest local player to enter the market for the digital asset's exchange.

www.reuters.com/technology/brazilian-lender-itau-launches-crypto-trading-2023-12-04

How crypto investors behave — and why the industry needs regulation | MIT Sloan

Two new MIT Sloan research papers explore how retail traders deal in crypto and why Terra Luna crashed in 2022.

mitsloan.mit.edu/ideas-made-to-matter/how-crypto-investors-behave-and-why-industry-needs-regulation

The Singularity:
AI, Quantum Computing, Robotics, Bio-engineering & Other Stuff on the way

Google’s Robots Get Smarter With AI: Next Level Material Creation

You may not realize it, but Google’s robots are getting smarter and more capable every day. Thanks to advances in artificial intelligence…

medium.com/@pencihub/googles-robots-get-smarter-with-ai-next-level-material-creation-e583c3e16a07

Mycotopia Therapies Acquires AI Robotics Assets with a Total Transaction Value of $9 Million

MIAMI, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Mycotopia Therapies Inc. (“Mycotopia Therapies”) (“the Company”) (OTC: TPIA) announced today it has purchased...

www.globenewswire.com/news-release/2023/12/04/2790006/0/en/Mycotopia-Therapies-Acquires-AI-Robotics-Assets-with-a-Total-Transaction-Value-of-9-Million.html

Alibaba Shuts Down its Quantum Computing Effort

In case you missed it, China’s e-commerce giant Alibaba has shut down its quantum computing research effort. It’s not entirely clear what drove the change. Reuters’ reported earlier this week […]

www.hpcwire.com/2023/11/30/alibaba-shuts-down-its-quantum-computing-effort

ESG (Environmental, Social & Governance)

Polluting Bitcoin Mines Come to Rural Georgia

Cleanspark’s Bitcoin boom in rural Georgia, backed by Wall Street giants, raises environmental and social concerns challenging the promised benefits to rural communities.

www.greenpeace.org/usa/research/polluting-bitcoin-mines-come-to-rural-georgia

Regiment

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www.regimentco.com

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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.