ETH holdings among the 1,000–10,000 wallet cohort now exceed 16 million. ETH-focused funds saw $583 million in inflows last week alone. Price remains in the $2,150–$3,600 range despite a 90% rally over two months. Ethereum has seen a dramatic surge in accumulation activity among its largest holders, with wallets holding between 1,000 and 10,000 ETH…
SRM inks $100M deal to launch TRON-based treasury strategy TRX price jumps as reverse merger with SRM gains momentum Justin Sun named advisor as SRM rebrands to Tron Inc. Justin Sun’s Tron (TRX) has recorded a significant price surge in market momentum following a high-stakes merger and strategic investment deal involving SRM Entertainment. The TRX…
Ethereum is holding strong despite a week filled with extreme volatility and heightened geopolitical tensions. Following escalations in the Middle East, with conflict between Israel and Iran fueling global market uncertainty, ETH managed to maintain its critical price range. After briefly dipping earlier in the week, Ethereum has reclaimed momentum and is now trading around…
Bitcoin Magazine Senator Hagerty’s Vision Beyond The GENIUS Act: Make Tennessee A Hub For Bitcoin Mining Senator Bill Hagerty (R-TN) has been in the headlines as of late as the GENIUS Act (S. 1582), a bill for which he was the primary sponsor, moves closer to passing in the U.S. Senate. The GENIUS Act is…
Toncoin TON established strong support at $2.94-$2.96 before making a decisive move upward, demonstrating resilience even after a sharp pullback, according to CoinDesk research’s technical analysis model. The token is up 1.5% in the last 24 hours, underperforming the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins…
Binance Coin (BNB) climbed over the last 24 hours even as geopolitical tensions rattled the markets, driven by surging usage of the BNB Chain, which recorded more than 16 million transactions a day earlier this month. That transaction figure marks a massive jump when from the near 4 million transactions a day processed earlier in…
Bitcoin Magazine Strategy Acquires 10,100 BTC, Surpasses 592,000 Bitcoin in Holdings Michael Saylor’s Strategy announces it has purchased an additional 10,100 BTC for approximately $1.05 billion, raising its total holdings to 592,100 BTC acquired at an average cost of $70,666 per Bitcoin. BREAKING: STRATEGY BUYS ANOTHER 10,100 #BITCOIN pic.twitter.com/TZ6nosWenr — Bitcoin Magazine (@BitcoinMagazine) June 16,…
Bitcoin Magazine Canadian Company Universal Digital Launches Bitcoin Treasury Strategy Universal Digital Inc. (CSE: LFG) has announced it has launched a Bitcoin Treasury Strategy as a core pillar of its capital allocation framework, beginning with the divestment of altcoin holdings to accumulate Bitcoin under a new reserve model. “Our Bitcoin Treasury Strategy marks a deliberate…
Hi. I’m Andy Baehr with the CoinDesk Indices team. Question: Bitcoin is stuck in a range. Is that a bad thing or a good thing? Even casual BTC watchers will have noted the ten percent channel that has held for more than a month. As of today, in fact, it has been 40 days since…
In recent months, the federal Office of the Comptroller of the Currency (OCC) has signaled a more permissible regulatory stance towards national banks and federal savings associations (collectively, banks) engaging in crypto-asset activities. “I will continue to work diligently to ensure regulations are effective and not excessive, while maintaining a strong federal banking system,” said…
