Individual investors hold 66.1% of bitcoin’s total supply, dwarfing the 7.8% held by businesses and the 7.2% sitting in funds and exchange-traded funds (ETFs), according to asset manager Bitwise. Retail Still Owns This Market The breakdown, shared Monday by Bitwise and circulated by crypto media, is based on public wallet data, onchain analysis and disclosures […]
Binance.US chief executive Stephen Gregory says the exchange is back in growth mode after a two-year “hibernation” brought on by the regulatory storm around the wider Binance brand. From Hibernation to Growth Mode Gregory laid out the plan for the firm’s comeback bid in a recent interview. Binance.US once held roughly 20% of American crypto […]
Crypto’s appetite for high-stakes bets was on full display Monday as shares of Eric Trump’s American Bitcoin collapsed 95% from their peak, erasing more than $600 million from his stake. Simultaneously, two traders squared off onchain with $107 million in opposing leveraged ether positions. A 95% Collapse in the Trump Family’s Mining Bet American Bitcoin […]
A bitcoin address that sat untouched for seven years moved 2,931 BTC worth $188 million to a new wallet on Sunday. Hours later, onchain analysts flagged a separate whale that has now converted 17,385 ETH, roughly $31 million, into 496.3 BTC. A Seven-Year Slumber Ends With a 10x Gain Lookonchain, which monitors large onchain movements, […]
The Digital Asset Market Clarity Act faces a decisive stretch as the U.S. Senate returns from recess on Monday with roughly 20 working days left before the Aug. 7 break. The coming days should bring “further clarity” on the bill’s status alongside fresh inflation data and Federal Reserve speeches. A Crowded Calendar of Data, Fed […]
Blackrock now manages $2.93 billion in tokenized assets onchain, with Ethereum leading the pack ahead of Avalanche, Solana, and BNB Chain. A Multichain Footprint Anchored by BUIDL The bulk of Blackrock’s onchain assets sit in the Blackrock USD Institutional Digital Liquidity Fund (BUIDL), the tokenized money market fund it launched with issuance platform Securitize in […]
Michael Saylor posted his signature orange-dot bitcoin chart after Strategy sold 3,588 BTC for $216 million, reigniting a familiar signal while casting fresh doubt over whether another buy is imminent or if the strategy itself is turning. The Orange Dots Return After Strategy Breaks Its Old Pattern On July 12, Michael Saylor posted his widely […]