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Nalezeno "Crypto News": 1838

Has Bitcoin Been Co-Opted? Ancient Whale’s Sale Examined


Scott Melker, host of The Wolf of All Streets podcast and cryptocurrency analyst, has weighed in on the possibility of bitcoin being co-opted from its original purpose with the recent sales of giant whales. Melker’s opinion sparked a debate on the meaning of this on social media. Has Bitcoin Been...

Bitgo Lands in Brazil, Targeting Banks Entering the Crypto Business


Bitgo, a U.S.-based cryptocurrency custody provider, recently announced the establishment of a local office in Brazil, where it will aim to acquire customers from the banking sector entering the crypto business. The company will also offer insurance options for clients using their own solutions....

Stablecoin Market Heats up as USDS and USDe Supplies Spike Nearly 25%


Seven days ago, the stablecoin economy broke past the $260 billion mark — and it’s been climbing ever since. Over the past week alone, the sector added nearly $5 billion, with close to $2 billion of that coming from freshly minted tether ( USDT). Billions Minted, Rankings Bolstered—Stablecoins...

Coinbase’s Bitcoin Cache Hits 2.9M—Here’s Who’s Behind the Stack


Over the last 83 days, Coinbase Global, Inc. saw a significant influx of bitcoin, taking in around $23 billion worth of coins. Blackrock, Tesla, Strategy—They’re All Stashing BTC at Coinbase The publicly traded company Coinbase (Nasdaq: COIN) not only operates an exchange but it also offers payment...

JPMorgan: Stablecoins Processed $27T in 2024, Now Entering TradFi


JPMorgan strategists say stablecoins and tokenized real-world assets are becoming increasingly intertwined with traditional finance, according to a Bloomberg report. JPMorgan Flags Stablecoin Growth, Warns Against Overhype A growing convergence between digital assets and traditional finance...

Galaxy Digital Sells $9B in Vintage Bitcoin Without Rocking the Market


On Friday at 4:30 p.m. Eastern, Galaxy Digital—a firm specializing in digital assets and data center infrastructure—announced in a press release that it had carried out one of the largest bitcoin moves linked to an early bitcoin holder by “completing the sale of more than 80,000 bitcoin.” Market...

Galaxy Digital Unleashes Billion-Dollar Bitcoin Barrage From 2011 Whale


Over the past 24 hours, Galaxy Digital has stirred up a frenzy online as its flagged wallet sets began unloading thousands of bitcoin ( BTC) onto exchanges. A hefty chunk of these transfers ties back to the massive 80,000 BTC Galaxy scooped up from a mysterious 2011 whale. Binance, Bybit, and Ghost...

Ethereum Demand Shock Incoming? Bitwise Weighs In


Matt Hougan, CIO of Bitwise, believes that the trend of Ethereum Treasury Companies will accelerate, prompting new investors to enter the space and purchase ether even at premium prices. He estimates that demand for ether will outpace production at a ratio of 7:1 over the next year. Bitwise:...

StablecoinX Launches With $360 Million Backing for Ethena Treasury


TLGY Acquisition Corp. will merge with SC Assets to create StablecoinX, a company focused on building an ENA treasury. Backed by $360 million in PIPE financing, the venture aims to secure a major stake in Ethena’s stablecoin ecosystem. ENA Treasury to be Powered by StablecoinX Through $360 Million...

GENIUS Act Spurs First US-Compliant Stablecoin Launch


Following the passage of the GENIUS Act, which regulates stablecoin issuance, Anchorage Digital has partnered with Ethena Labs to launch a U.S.-compliant version of the USDtb stablecoin. A New Era for Stablecoin Compliance Just days after U.S. lawmakers passed sweeping digital asset...

Nature Miracle Launches $20 Million XRP Treasury


Nature’s Miracle has unveiled a $20 million corporate treasury initiative focused on XRP, marking a significant move into crypto by a publicly traded vertical farming technology firm. Vertical Farming Firm Adopts XRP as Core Treasury Asset Nature’s Miracle Holding Inc. (NMHI), a vertical farming...

Kraken Integrates Ink L2 Protocol and INK Token, Plans User Airdrop


Crypto exchange Kraken will integrate the INK cryptocurrency token and Ink layer two (L2) protocols into its core trading platform, followed by an airdrop of the token to eligible users. Kraken to Incorporate Ink Foundation’s INK Token and L2 Tech The integration, announced July 24 and shared...

Tokenized Treasury Frenzy Fizzles With Stunning $800M Weekly Drop


The latest figures show the tokenized U.S. treasuries market has lost $800 million over the past seven days. This week, it’s down 10.57% from where it stood seven days ago. Blockchain T Bonds See Major Retreat as Capital Flees Throughout much of this year, the tokenized treasuries sector had been...

2011 Bitcoin Whale Wakes After 14 Years, Moves $470M—But Why Now?


Onchain data reveals yet another deep-sleeping 2011 whale has awakened this month, shifting 3,963 BTC—now worth $470 million—for the first time in more than 14 years. Whale From the Deep: $470M in BTC Emerges After 14 Years Dormant A legacy Pay-to-Public-Key-Hash (P2PKH) address known as “15MZvK”...

MARA Holdings to Raise $850 Million for Additional Bitcoin Purchases


MARA Holdings announced plans to issue $850 million in zero-coupon convertible notes due 2032, with proceeds earmarked for bitcoin purchases and debt repayment. $850 Million in Convertible Notes to Fund Additional Bitcoin Acquisition MARA Holdings, Inc. (Nasdaq: MARA) has announced plans to raise...

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