Whale's $9B Bitcoin sale was not due to quantum concerns: Galaxy Digital
Company pushes back after reports suggest a $9B Bitcoin sale by a wealthy client was tied to quantum computing fears.
Market analysis, price movements, and trading insights
Company pushes back after reports suggest a $9B Bitcoin sale by a wealthy client was tied to quantum computing fears.
Despite expectations for some IPO and venture activity in 2026, fewer investors feel as confident as they did last year, according to the latest CfC St. Moritz report.
Crypto press release services often provide misleading marketing content, creating an illusion of legitimacy by placing unverified announcements alongside legitimate news.
This is the first case under South Korea's Virtual Asset User Protection Act, which took effect in July 2024.
Spot Bitcoin ETF AUM fell below $100 billion after $272 million in outflows, pushing year-to-date losses close to $1.3 billion.
Prosecutors said the platform facilitated over $105 million in crypto-based narcotics sales between October 2020 and March 2024.
Bitcoin's relative strength index has fallen below 30, signaling oversold conditions as the cryptocurrency trades near a key $73,000 to $75,000 support zone.
The reported acquisition comes as Ethereum staking demand surges, with more than 30% of ETH supply locked and validator wait times stretching beyond 70 days.
The flows are indicative of a growing split in how investors are positioning across major crypto assets during the latest bout of market volatility.
Bitwise CEO Hunter Horsley said staking is a key growth opportunity for clients holding spot crypto assets.
The Incognito Market operator extorted vendors by threatening to publish their transaction histories and crypto addresses.
Leveraged anti-strategy ETFs are booming as shares in the bitcoin holder slide.