Crypto News
Key Takeaways: Arkham has linked 70,816 BTC worth $7.6B to Strategy, raising its identified holdings to $54.5B. The findings contradict Michael Saylor’s warnings about disclosing wallet addresses due to security risks. Strategy has slowed its Bitcoin purchases as MSTR’s premium shrinks and competition in corporate BTC holdings grows. Arkham Intelligence has linked over $7.6 billion…
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The Ethereum Foundation (EF) has quietly taken a tactical step into DeFi by borrowing $2 million in GHO stablecoins using wrapped ETH (wETH) as collateral on the Aave protocol. Marc Zeller, founder of the Aavechan Initiative, shared the development on May 29, noting that the Foundation’s use of GHO aligns with Aave’s core value proposition,…
The crypto market saw another small drop today, though the situation has improved compared to yesterday, with more coins in the green, as the market consolidates. Nearly half of the top 100 coins per market cap have increased over the past day. At the same time, the cryptocurrency market capitalization has decreased by 2%, currently…
Trump Media & Technology Group (TMTG), the company behind Truth Social and other Trump-branded digital platforms, is planning to raise $2.5 billion to build one of the largest bitcoin treasuries among public companies. The deal involves the sale of approximately $1.5 billion in common stock and $1.0 billion in convertible senior secured notes. According to…
More than 90% of XRP’s supply is currently profitable, even though the token’s price has remained relatively flat for the past three months. Data from on-chain analytics firm Santiment reveals that most of XRP’s circulating supply was acquired at lower price points than its current market value. This level of profitability places XRP ahead of…
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Bitcoin’s May rally has been met with selective profit-taking by long-term holders, but the broader trend shows a slowdown in their selling. Between March 1 and May 27, the 7-day SMA of long-term holder spent output profit ratio (SOPR) increased from 2.10 to 2.22, indicating a mild uptick in realized profits. However, the 30-day SMA…
New York City (NYC) Mayor Eric Adams has announced plans to build a municipal Bitcoin-backed bond, dubbed ‘BitBond.’ He further intended to eliminate the New York controversial BitLicense, which has been a significant hurdle for crypto businesses. Speaking on Wednesday at the Bitcoin 2025 conference in Las Vegas, he said that New York is the…
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