Bhutan Government’s BTC Transfer Sparks Speculation Amid $71K Bitcoin Surge

Bhutan’s government transferred 935 BTC ($66 million) to Binance as Bitcoin nears $71,000, fueling speculation about possible sales.Bhutan’s crypto strategy prioritizes Binance, with substantial holdings and additional assets in Ethereum and other cryptocurrencies, highlighting a robust digital asset approach. Following news of Bhutan’s Bitcoin holdings of 13,000 BTC, a recent CNF update revealed that blockchain...

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Litecoin’s Long-Term Holders Rank 2nd Only to Bitcoin, Beating Ethereum

Litecoin is gaining traction as an asset for value preservation in the long term.Litecoin ETF hype is helping to fuel the coin’s bullish price outlook.   Litecoin (LTC) recently outpaced Ethereum (ETH) regarding the longest average holding period. This highlights Litecoin’s sustained appeal among long-term investors. However, Bitcoin (BTC) continues to lead in this metric. Long-Term...

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Russia’s Sovereign Wealth Fund Backs Bitcoin Mining Expansion Across BRICS Nations, Is BTC Headed to $3 Million?

Russia’s Sovereign Wealth Fund is channeling investments into Bitcoin mining across BRICS nations, aiming to facilitate global trade settlements in Bitcoin. The concentration of mining within the BRICS nations may lead to network centralization, a potential risk for Bitcoin’s decentralized ethos. Russia’s Sovereign Wealth Fund has made a decisive move to invest in Bitcoin mining across...

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$1.5 Trillion Asset Management Giant Franklin Templeton Debuts Tokenized Money Market Fund on Coinbase’s Layer 2 Base

Franklin Templeton’s move to Coinbase’s Base marks a major step toward integrating traditional finance with blockchain.FOBXX on Base exemplifies blockchain’s potential for efficiency, with tokenized assets now spanning multiple blockchain networks. For the first time, an established fund has launched on Coinbase’s Base network, with Franklin Templeton introducing its OnChain U.S. Government Money Market Fund...

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Bitcoin ETFs Reach 1 Million BTC, Could Exceed Satoshi’s Holdings in Two Weeks

Bitcoin ETFs nearing Satoshi-level holdings spotlight rapid institutional adoption and growing centralization concerns.The recent surge in Bitcoin ETF holdings is sparking supply concerns, potentially limiting access for smaller investors. Bitcoin ETFs Reach 1 Million BTC, Could Exceed Satoshi’s Holdings in Two Weeks U.S. spot Bitcoin ETFs have collectively acquired 1 million BTC, reaching this milestone...

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