Top 10 Miners Dominate 94% of Hashrate and Hoard Over 55,000 BTC

According to the latest onchain stats, Bitcoin’s top ten mining pools currently control a hefty 94.2% of the global hashrate — and they collectively hold $6.52 billion in bitcoin across their wallets. Inside the Secret Stashes of Bitcoin’s Biggest Mining Pools and Their Counterparties As of today, the ten biggest mining pools by block production … Read more

UK’s Smarter Web Company Buys 225 Bitcoin, Boosts Treasury to 2,050 BTC

The Smarter Web Company PLC announced the purchase of 225 bitcoins on Wednesday as part of its ongoing corporate treasury strategy. Smarter Web PLC Spends £19.9M on 225 Bitcoin Acquisition The London-listed technology firm paid an average price of £88,482 per Bitcoin, totaling £19,908,550. This acquisition increases the company’s total Bitcoin holdings to 2,050. The … Read more

Bitcoin’s South Korean Price Gap Tightens to a Sliver After Weeks of Discount

Nine days ago, bitcoin was selling at its steepest discount of the year in South Korea. While the discount hasn’t disappeared, the price gap has been shrinking ever since. Korean Bitcoin Market Seems to Be Recovering From Deepest Discount of the Year Bitcoin (BTC) usually fetches a premium in South Korea, but that trend flipped … Read more

Coinbase, JPMorgan Chase Partner to Simplify Crypto Access for Chase Customers

Coinbase and JPMorgan Chase announced a partnership Wednesday to provide Chase’s over 80 million customers with new ways to access cryptocurrency. Chase Ultimate Rewards Points Gain Option to Convert to USDC The collaboration introduces three specific features rolling out in phases. Starting this fall, Chase credit card holders will be able to use their cards … Read more

Crypto ETF Flows Favor Ether Again With $219 Million vs $80 Million for Bitcoin

Ether exchange-traded funds (ETFs) extended their winning streak to 18 days with $219 million in inflows, while bitcoin ETFs posted a modest $80 million as outflows from key funds muted Blackrock’s strong entry. Ether Streak Hits 18 Days As Bitcoin Sees Modest Gains The green wave for ether ETFs shows no signs of slowing down. … Read more

Bakkt Launches $75M Offering to Fund Bitcoin Purchases and Crypto Expansion

A $75 million offering fuels a major leap into bitcoin and digital assets as Bakkt sharpens its focus on treasury growth and crypto infrastructure dominance. Bakkt Unveils $75M Offering to Expand Digital Asset Treasury and Crypto Footprint Bakkt Holdings Inc. (NYSE: BKKT) announced on July 28 the pricing of its underwritten public offering, revealing plans … Read more

DOJ Moves to Forfeit $2.4M in Bitcoin Seized by FBI in Crypto Crime Crackdown

U.S. authorities aim to forfeit over $2.4 million in bitcoin linked to a major ransomware syndicate, targeting illicit crypto proceeds through aggressive civil enforcement action. DOJ Pursues Bitcoin Linked to Ransomware Ring in Civil Filing Worth $2.4M The U.S. Department of Justice (DOJ) announced on July 28 that it has filed a civil forfeiture complaint … Read more

21,021 Bitcoin Added to Strategy’s Treasury Following IPO

Strategy (Nasdaq: MSTR/STRK/STRF/STRD) closed its initial public offering (IPO) of 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (“STRC”) at $90 per share, raising approximately $2.521 billion. Estimated net proceeds totaled $2.474 billion after underwriting costs and expenses. The company used the net proceeds to acquire 21,021 bitcoins at an average price … Read more