According to Arkham Intelligence, a blockchain analytics platform, a Bitcoin address from the early days of the cryptocurrency has made a transfer after a long period of dormancy. The whale in question recently moved BTC worth $630,000 to the Kraken crypto exchange. This address mined its Bitcoin just a month after the first block was created on January 13, … Read more
A publicly traded German investment company is set to raise up to €30 million (approximately $32.8 million) by issuing secured bonds from the Scandinavian region. The raised capital will primarily be used to increase their holdings in Bitcoin and expand their investment portfolio, potentially positioning the company as a competitor to MicroStrategy. To manage the bond issuance, Samara Asset Group has engaged Pareto Securities, which will … Read more
One of the major Bitcoin whales recently added 750 BTC to its holdings, even though it has significant unrealized losses from existing assets. According to Lookonchain, a platform that tracks on-chain data, the whale purchased Bitcoin worth $46.8 million, bringing its total holdings to 10,158 BTC. At current market prices, the whale’s Bitcoin holdings are valued at approximately $633 million. This … Read more
After two consecutive days of positive inflows, U.S. spot Bitcoin ETFs saw net outflows of $18.66 million on Tuesday. The FBTC fund by Fidelity led the outflows, with a withdrawal of $48.82 million, according to Farside data. Grayscale’s GBTC, the second-largest Bitcoin ETF by assets, also experienced an outflow of $9.41 million following a day of inactivity. In contrast, IBIT by BlackRock, the largest … Read more