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Wallet data shows the Royal Government of Bhutan moving bitcoin to trading firms and exchanges for the first time in months, as markets slide and volatility spikes across crypto and metals.
The massive dark web drug marketplace used cryptocurrency, the same technology that ultimately allowed FBI agents to locate and arrest its creator, who now faces 30 years in prison.
Some crypto companies have proposed giving community banks a bigger stablecoin role as Senate negotiations stall over the contentious market structure bill.
Congressional investigators seek ownership records, payment trails and stablecoin documents from the Trump-linked crypto firm following reports of Emirati backing and its USD1 token’s role in a $2 Bil...
Crypto-related stocks also fell on Wednesday, with Coinbase shares closing down 6.14% and Bitmine dropping 9.17%.
It is the same setup Michael Burry warned about this week, when he said falling crypto collateral can force metal selling in a feedback loop.
Tether's total reserves also grew by $11.7 billion during the quarter to $192.9 billion, including 96,184 BTC.
Bhutan has slipped to the seventh-largest nation-state Bitcoin holder, with its stash falling from 13,295 BTC in October 2024 to 5,700 BTC.
Payy’s new privacy layer 2 makes every ERC-20 transfer private by default without the need for new wallets or tokens.
XRP has fallen to $1.44, its lowest level since November 2024, as bitcoin’s decline fuels broader risk aversion in the crypto market.
Solana became one of Samani’s favorite crypto projects at Multicoin in 2018 after he initially favored Ethereum but grew dissatisfied with how its developers addressed scaling.
" I’m more confident than ever that crypto is going to fundamentally rewire the circuitry of finance," said Samani, who will remain chairman of Solana treasury company, Forward Industries.
