Bitcoin traders secured approximately $228,000 in profits through short positions as market movements were influenced by activity from dormant Bitcoin whales. The transactions highlight how ancient whale wallets—large holders from Bitcoin’s early days—continue to impact price action and liquidity in… Read More »Bitcoin Traders Net $228K Shorting BTC Amid Ancient Whale Movements
Hungary has amended its Criminal Code to criminalize unauthorized cryptocurrency exchange activities, imposing prison sentences that escalate with transaction value. The legislation, effective July 1, introduces severe penalties for unlawful digital asset services. Transactions exceeding 500 million forints (~$1.46 million)… Read More »Hungary Enacts Prison Terms for Unauthorized Crypto Exchange Operations
The cryptocurrency market experienced a violent liquidation cascade with approximately $89.61 million in positions forcibly closed within a single hour. This abrupt downturn was primarily driven by large-scale Bitcoin sell orders executed by long-term holders known as ancient whales. Market… Read More »Ancient Whale Sell-Off Triggers $89 Million Crypto Liquidation Spree
A Bitcoin whale holding assets for over 14 years has transferred 16,843 BTC, valued at approximately $1.995 billion, to institutional firm Galaxy Digital. The transaction represents one of the largest recent movements of dormant Bitcoin and marks significant institutional engagement… Read More »Long-Term Bitcoin Whale Transfers $1.995 Billion in BTC to Galaxy Digital
Gate Exchange has updated its official X account profile avatar to feature a ‘Chubby Penguin’ themed image. This move follows similar avatar changes adopted by other prominent cryptocurrency platforms in recent times, including marketplaces like OpenSea and exchanges such as… Read More »Gate Exchange Joins ‘Chubby Penguin’ Trend with Social Media Avatar Update
Abacus Market, a dominant Bitcoin-based darknet platform, has suddenly gone offline without warning, triggering widespread suspicions of an exit scam by its operators. The marketplace had captured approximately 70% of Western darknet transactions in 2024 following law enforcement shutdowns of… Read More »Bitcoin Darknet Giant Abacus Market Vanishes Amid Exit Scam Suspicions
A Bitcoin whale holding over 80,000 BTC, dormant for 14 years, has transferred 9,000 BTC to institutional crypto firm Galaxy Digital. The unexpected movement from an inactive address has captured significant attention from blockchain analysts monitoring large-scale Bitcoin transactions. Within… Read More »Dormant Bitcoin Whale Transfers 9,000 BTC to Galaxy Digital After 14-Year Inactivity
SharpLink Gaming has significantly expanded its corporate treasury holdings with the purchase of 294,000 Ethereum tokens valued at approximately $73 million. The acquisition included a prominent transaction of 24,371 ETH executed through institutional platform Coinbase Prime, solidifying Ethereum’s position within… Read More »SharpLink Gaming Acquires $73M Ethereum Treasury Position via Coinbase Prime, Mirroring MicroStrategy Strategy
China’s economy expanded 5.2% year-on-year in the second quarter, exceeding analyst expectations due to robust export performance. The People’s Bank of China’s liquidity injections demonstrated a 0.66 correlation coefficient with Bitcoin valuations over a 30-day period, suggesting capital flows into… Read More »China Q2 GDP Growth Beats Forecasts at 5.2% as PBOC Liquidity Shows Bitcoin Correlation
XRP’s recent price surge has been predominantly fueled by intense buying activity from South Korean traders on Upbit exchange, contrasting sharply with net selling observed on Binance. This divergence highlights significant regional differences in cryptocurrency trading behavior. Market data reveals… Read More »South Korean Traders Propel XRP Rally on Upbit as Binance Records Net Selling
A blockchain wallet nicknamed ‘LeBron’ has executed a strategic $3 million investment to acquire 605.5 million PUMP tokens, demonstrating substantial accumulation activity by high-value cryptocurrency investors. The wallet previously generated approximately $16.7 million in trading profits through transactions involving TRUMP,… Read More »Crypto Wallet ‘LeBron’ Invests $3 Million in PUMP Token Acquisition
Binance Alpha reported a significant daily trading volume totaling $395.62 million. BR tokens contributed $195 million to the total volume, representing a substantial portion of the platform’s activity. KOGE tokens emerged as the top asset by trading volume, generating $87.87… Read More »Binance Alpha Sees $395 Million Volume with BR, KOGE Tokens Leading
The U.S. House of Representatives is poised to vote this week on pivotal legislation targeting Bitcoin market structure and stablecoin regulatory frameworks. The bill represents a milestone effort to establish clear oversight responsibilities for digital assets and enhance cryptocurrency market… Read More »U.S. House to Vote on Landmark Crypto Legislation Defining Bitcoin Market Structure and Stablecoin Rules
BlackRock’s iShares Ethereum Trust (ETHA) has surpassed 2 million ETH in holdings, cementing its position as a major institutional gateway to Ethereum. With assets under management exceeding $5.5 billion, the fund now represents approximately 1.65% of Ethereum’s total circulating supply.… Read More »BlackRock’s ETHA ETF Tops 2 Million ETH with $5.5 Billion AUM, Driving Institutional Ethereum Adoption
MicroStrategy (MSTR) has substantially increased its Bitcoin holdings, acquiring an additional 4,225 Bitcoins last week. This purchase brings the company’s total Bitcoin reserve to 601,550 coins. At prevailing market valuations, the total worth of MicroStrategy’s Bitcoin holdings currently stands at… Read More »MicroStrategy Amasses 2.86% of Bitcoin Supply with $28.7 Billion Unrealized Gain
Gate has expanded its derivatives market share for the seventh consecutive month, signaling a notable rise in its position within the competitive cryptocurrency derivatives landscape. This sustained growth underscores the platform’s increasing capture of market segment share among leading exchanges.… Read More »Gate Achieves Seven Consecutive Months of Growth in Derivatives Market Share
Michael Saylor has expanded his Bitcoin portfolio to 601,550 coins, consolidating his position as one of the asset’s most prominent advocates. The growth in holdings signals a strategic emphasis on accelerating Bitcoin adoption and reinforcing market liquidity infrastructure within the… Read More »Michael Saylor Increases Bitcoin Holdings to 601,550 Coins, Reinforcing Market Commitment
Former President Donald Trump’s advocacy for establishing the United States as a global leader in the Bitcoin ecosystem signals a potential shift in cryptocurrency policy direction. This initiative aims to position the nation at the forefront of Bitcoin innovation and… Read More »Trump’s Bitcoin Superpower Vision Could Reshape U.S. Crypto Policy and Market Dynamics
Japanese investment firm Metaplanet has dramatically expanded its Bitcoin treasury, accumulating 16,352 BTC valued at approximately $1.64 billion. The company acquired 7,464 BTC within the past month alone, including a significant weekly addition of 3,002 BTC. This strategic accumulation has… Read More »Metaplanet Boosts Bitcoin Holdings to 16,352 BTC with Stellar 435% YTD Yield Amid Institutional Surge
Michael Saylor’s company, MicroStrategy, has significantly expanded its Bitcoin reserves, now holding a total of 601,550 BTC following its latest acquisition. This substantial holding underscores the company’s ongoing, aggressive accumulation strategy centered on Bitcoin. The latest purchase further reinforces the… Read More »MicroStrategy Boosts Bitcoin Treasury to 601,550 BTC, Signaling Institutional Confidence