Bitcoin institutional investment vehicles have reduced their BTC holdings by 10% over three months, with analysis suggesting the Bitcoin treasury model is weakening as company
Tag: Btc
Crypto Industry Faces Major Shifts as Legislation, Market Moves, and Security Issues Dominate Week’s News
This week saw the Digital Asset Market Clarity Act delayed, Strategy selling bitcoin, Wall Street expanding crypto involvement, a Bitcoin fork, a major hardware-wallet security
Hyperscale Data Sells 685 Bitcoin for $43 Million, Reduces Holdings to 275 BTC
The company sold 685 bitcoin for $43 million, cutting its holdings to 275 BTC, citing liquidity needs to fund its Michigan data centre expansion and
Bitcoin Elite Wallets Reach Six-Month High
Bitcoin’s elite wallets have rebounded to levels not seen in six months with 90 wallets now holding at least 10,000 BTC, according to analytics firm
Morgan Stanley Increases Crypto Fund Holdings, Including BlackRock’s Bitcoin ETF
US investment banking giant Morgan Stanley has reported a rise in crypto fund positions in the second quarter, with notable increases in holdings of BlackRock’s
Bank Leumi to Offer Cryptocurrency Trading in 2027
Israel’s largest bank will introduce cryptocurrency trading services through its mobile app, marking the first such offering by an Israeli institution. Galaxy Digital facilitates these
Norwegian Sovereign Wealth Fund Buys Bitcoin, Increasing Exposure by 21.2% in Half-Year
The Norwegian Sovereign Wealth Fund has increased its indirect bitcoin holdings to 11,549 BTC, worth $725 million. The move marks six consecutive years of increased
Bitcoin BTC fell below $63,000, dropping 1.14% since midnight UTC, as spot exchange-traded funds (ETFs) continued to see outflows and the crypto market lacked key bullish catalysts. Bitcoin ETFs experienced their second consecutive day of outflows with a total of $192 million exiting products, according to data from SoSoValue.
The drop comes on the heels of U.S. producer price inflation data easing to 4.7%, below expectations. This led to increased gains in equities and
Galaxy Research Update: Fourth Wave Suspected, Total Losses Could Exceed $130 Million
Galaxy Digital’s research arm updated on the status of a major Bitcoin theft incident. Galaxy confirmed that losses from three previous attacks had exceeded $100
