Galaxy Digital has disclosed the sale of more than 80,000 Bitcoin—worth over $9 billion—on behalf of a long-term investor. The transaction, revealed on July 25, is one of the largest ever executed in Bitcoin’s history. […]
According to analysts, the US Dollar Index (DXY), which measures the strength of the US dollar against a basket of major currencies, is showing signs of improving momentum. They believe the index may be approaching […]
The manufacturing firm has turned to the asset, adopting the treasury model, citing steep financial losses. It has joined the rising list of Japanese companies adopting this strategy, contributing to the billions of dollars already […]
Japanese publicly listed artificial intelligence company Quantum Solutions said it plans to create a Bitcoin treasury of 3,000 BTC within the next year, an investment of more than $350 million at current prices. According to […]
Recent developments suggest positive developments toward in-kind creations for crypto ETFs (exchange-traded funds) after major providers filed amendments. The US SEC (Securities and Exchange Commission) initially approved cash redemptions for Bitcoin and the Ethereum ETFs. […]
Bitcoin’s most recent rally has sparked investor conviction rather than the sort of panic selling seen in previous bull cycles. Key on-chain metrics show a surprising trend: major holders aren’t moving their crypto to exchanges […]
Bitcoin is unlikely to reach $200,000 this year as buying volume isn’t increasing enough to keep pushing the price higher, according to a crypto analyst. It comes after several industry executives have recently speculated that […]
A dormant Bitcoin wallet linked to Elon Musk’s SpaceX transferred over $153 million in BTC just days before Tesla’s second quarter (Q2) earnings report. Traders and investors remain hopeful that the electric car maker may […]
Ethereum led digital asset inflows last week as it recorded a staggering $2.12 billion. The figure was nearly double its previous record. This surge helped push total digital asset investment product inflows to an all-time […]
Why Bitcoiners turned to AI The 2024 Bitcoin halving reduced block rewards to 3.125 BTC, cutting miners’ income in half. This change, combined with higher electricity costs, expensive equipment maintenance and increased competition, made traditional […]
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