Bitcoin is rapidly disappearing from cryptocurrency exchanges as both corporate treasuries and sovereign wealth funds accumulate the asset, creating a supply squeeze that could reshape market dynamics. Fidelity Data Shows Bitcoin Moving to Long-Term Holders at Record Pace Bitcoin reserves on cryptocurrency exchanges have plummeted to 2.6 million BTC, the lowest level since November 2018,…
Main Takeaways: SUI network transaction turnover increased by 180% during a surge in memecoin activity. Network activity has increased since the 20th of April, driving SUI’s price toward $3. The Sui [SUI] network observed rapid growth as trading volumes surged 180% ($3.8 billion) during a surge in memecoin activity. Many of the memecoins in the…
The cryptocurrency was trading sideways as of Thursday morning, while gold continues its ascent as murmurs of $4,000 per ounce begin to get louder. Store of Value Showdown: BTC Maintains $93K as Gold Rallies Bitcoin has remained flat over the past 24 hours, bobbing up and down just above $93K. Meanwhile, gold, which surged to…
John D’Agostino, Head of Strategy at Coinbase Institutional, revealed that sovereign wealth funds and institutional investors have become key drivers of bitcoin accumulation in April, contrasting with retail investors’ retreat from exchange-traded funds (ETFs). Institutional Demand and Sovereign Funds, Not Retail, Behind Bitcoin’s April Rally, D’Agostino Tells CNBC Sovereign wealth funds — state-owned investment pools…
Bitcoin briefly overtook Google’s parent company, Alphabet, to become the 5th largest asset in the world by market cap for the first time, trailing only behind gold, Apple, Microsoft and Nvidia. CompaniesMarketCap This happened on Wednesday morning, when bitcoin’s market cap rose to $1.871 trillion, coinciding with Alphabet’s brief drop to $1.859 trillion following its…
PRESS RELEASE | Most people may be wrong for thinking that there are still many users who want quick returns in DeFi. Nowadays, many smart users want DeFi with smarter systems and security to support real growth for their users. They have changed their expectations from short-term gains to long-term sustainability. Through smart staking mechanisms…
Main Takeaways: SOL plans launched with $500 million in funds raised to purchase more Solana tokens. The company stock spiked 25% on the day of the launch. Nasdaq-listed DeFi Development Corporation also announced Wednesday that it acquired approximately 65,305 SOL, increasing its total to 317,273 SOL. Strategies, a financial services company on the Canadian Securities…
This content is provided by a sponsor. PRESS RELEASE. April 23, 2025 – Geneva, Switzerland – TRON DAO today announced that the total circulating supply of Tether ( USDT) on the TRON blockchain has exceeded $70 billion. This achievement reflects growing user demand for cost-efficient, high-speed blockchain-based solutions, particularly in emerging markets and cross-border transactions….
One of the known use cases of artificial intelligence (AI) tools is coding, as the technology allows programmers to solve problems with their code. Read More: Now, AI tools are not just helping programmers and app developers with their code—they are now doing the coding themselves. And This is Called “Vibe Coding” Introduced earlier this…
Main Takeaways: A government-supported cryptocurrency exchange for rich investors will start soon. Aiming at those with holdings above 120 million rubles. Pay attention to trading with other countries, not buying and selling inside the country. According to an Interfax update on April 24, the Russian Ministry of Finance and Central Bank plan to announce a…
