There will never be more than 21 million bitcoins.

Such a System of self-regulation of mining complexity and #halving (reducing miners' remuneration)

Most Bitcoin investors are small players with less than 0.01 BTC or $377 at today's exchange rate. Such people are almost 75 percent of the crypto community.

Here's the corresponding distribution on the chart.

The previous week's result was an influx of $261 million in crypto products for large professional investors. This is the sixth "plus" indicator in a row.

As CoinShares analysts note, the total amount of investments over the past month and a half amounted to 767 million. Not bad.

On September 15, 2022, the Ethereum network switched to the Proof-of-Stake consensus algorithm. Since then, ETH has lost to Bitcoin both in terms of price changes and overall trading volumes, Kaiko analysts note.

Accordingly, at least in this time period, BTC was the best investment compared to ETH.

In 2021, total trading volumes for altcoins (light blue) have more than doubled that of Ethereum (dark blue). However, in 2022 and 2023, the results of the two listed categories of crypto assets turn out to be almost the same, which indicates an equalization of demand.

Well, this is primarily facilitated by the current bearish trend in the crypto industry.

Top 15 blockchain #Dapps by user growth in the last 30 days

Last week, $125 million was invested in cryptocurrency products for large professional investors. This is the second positive result in a row.The total influx of funds in the last two weeks was 334 million. Since there had been an outflow of money for a full nine weeks before that, the news is good anyway.

Remember the recent SEC lawsuit against Binance? One of the main claims in it was that the U.S. division of the platform allegedly mixed user funds with its own.

However, at a fresh meeting, SEC representatives confirmed that they had no confirmation of the withdrawal of funds to offshore locations outside the United States. And so, in essence, there was also no sending of money to companies led by Changpen Zhao "for their further enrichment." The relevant quote is highlighted in red.

With that said, Binance-US lawyers have filed a motion and said that the Commission has no evidence of its previous accusations. And this is clearly good news for the exchange.

SEC sues Binance ?****For violating U.S. securities regulations.

BNB is momentarily down 5% ?