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...
BRICS membership is growing, setting a positive pathway for Bitcoin adoption.With the bloc no longer poised to build new de-dollarization infrastructure, the chances of BTC adoption remain high. In a recent CNBC interview, Matthew Sigel, Head of Digital Asset Research at VanEck, said the BRICS bloc will increase the adoption of Bitcoin (BTC). The executive’s...
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...
Marty Bent uses Tales from the Crypt to humanize Bitcoin, focusing on how it impacts people’s lives and financial freedom.Bent emphasizes cautious optimism towards meme coins, recognizing their hype while stressing the risks of speculative trading. For years, Marty Bent has been a major player in the crypto space, and his path across the Bitcoin...
Michael Saylor’s MicroStrategy has revealed that it would raise $42 billion from equity and fixed-income security to purchase Bitcoin in the next three years. As of the end of the third quarter of 2024 (Q3 2024), MicroStrategy held 252,220 Bitcoins ($6.851 billion) at a market price of $63,463 per coin. Bitcoin (BTC) Treasury Company MicroStrategy has...
A document has disclosed that Satoshi Nakamoto would soon make a groundbreaking appearance to prove his identity and relationship with Bitcoin in a live demonstration. Meanwhile, a section of the crypto community strongly doubts the authenticity of this document as they claim this is merely a clout chasing. According to a document circulating on social media...
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...
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...
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...
Alan Santana highlights mixed signals on the Bitcoin monthly chart, showing potential market uncertainty.Low volume and altcoin divergence suggest Bitcoin’s rally lacks broad market support. Popular analyst Alan Santana offers insights on Bitcoin’s current state in a TradingView analysis, stressing the complexity of the signals observed in the monthly chart. Santana starts his analysis by...