Bitcoin has continued its dip, with the spot Bitcoin ETFs seeing a second consecutive day of outflows, so you might think it’s all suddenly looking pretty bleak, but that’s not the case. On a brighter note, the world’s largest pension fund is researching Bitcoin for diversification purposes, and the largest asset manager in the world, BlackRock, begins asset tokenization on Ethereum — not to mention the craziness that unfolded on BitMEX yesterday!

Further reading:

• BTC price dip hits 17.5% as week’s Bitcoin ETF net outflows near $500M
• World’s largest pension fund explores diversifying into Bitcoin
• BitMEX whale tanks Bitcoin price to $8.9K during BTC sell-off
• FTX victims describe ‘irreparable harm’ ahead of Sam Bankman-Fried’s sentencing
• SBF says proposed 50-year sentence casts him as ‘depraved super-villain’
• BlackRock begins asset tokenization with launch of digital liquidity fund

References:

• Cointelegraph's 'The History of Crypto' timeline

So, grab yourself a coffee, and let’s get into it!

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