The crypto economy had a fairly solid week, though Monday morning brought a bit of a dip. The market currently holds at $ 2.26 trillion, reflecting a 1.6% drop over the last 24 hours. Among the big winners, meme coin MOODENG took the spotlight, soaring by 400%, while ETHW snagged second place with an …
2009 Bitcoin Whale Moves 5 BTC to Kraken, Holds Over 1,200 BTC
An early bitcoin whale has made waves in the crypto world, according to the onchain analytics platform Arkham Intelligence. This long-time holder transferred five bitcoins to Kraken, while still sitting on an impressive 1,215 BTC—worth a hefty $ 77 million as of today. Arkham: Vintage Bitcoin Whale Sends 5 BTC to Kraken After Years …
Government of Bhutan Holds $828M in Bitcoin, Arkham Data Shows
The government of Bhutan is currently holding over $ 828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have ramped up dramatically since early 2023,” the crypto intelligence firm explained. Bhutan Revealed as …
Microstrategy Acquires 7,420 Bitcoin, Firm Now Holds 252,220 BTC
Microstrategy, led by Michael Saylor, has just completed a billion-dollar private offering before acquiring 7,420 bitcoin for approximately $ 458.2 million at an average price of $ 61,750 per coin. The company now holds 252,220 bitcoin, purchased for roughly $ 9.9 billion at an average price of $ 39,266 per coin. …
Crypto Industry Holds Its Breath as US Election Debate Fails to Clarify Economic Policy
After the first election debate, QCP Capital shared its perspective on how the U.S. election could influence the cryptocurrency market. According to the firm, investors remain cautious as their attention shifts to key macroeconomic indicators and the upcoming election decision. The CEO of Chirp, a decentralized telecommunications network, echoed this sentiment, noting that while the […]