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Bitgo, a U.S.-based cryptocurrency custody provider, recently announced the establishment of a local office in Brazil, where it will aim to acquire customers from the banking sector entering the crypto business. The company will also offer insurance options for clients using their own solutions. Bitgo Establishes a Foothold in Brazil to Serve Banks Entering the … Read more
Seven days ago, the stablecoin economy broke past the $260 billion mark — and it’s been climbing ever since. Over the past week alone, the sector added nearly $5 billion, with close to $2 billion of that coming from freshly minted tether ( USDT). Billions Minted, Rankings Bolstered—Stablecoins May be Entering Their Most Turbulent Phase … Read more
Over the last 83 days, Coinbase Global, Inc. saw a significant influx of bitcoin, taking in around $23 billion worth of coins. Blackrock, Tesla, Strategy—They’re All Stashing BTC at Coinbase The publicly traded company Coinbase (Nasdaq: COIN) not only operates an exchange but it also offers payment solutions, custodial services, and more to a wide … Read more
Bitmine Immersion has grown its ethereum holdings to more than $2 billion, amassing over 566,000 ETH just weeks after closing a $250 million private placement, underscoring its aggressive treasury strategy. Ethereum Treasury Crosses $2 Billion Mark for Bitmine Bitmine Immersion Technologies announced that its ethereum reserves have topped $2 billion, a dramatic increase since the … Read more
JPMorgan strategists say stablecoins and tokenized real-world assets are becoming increasingly intertwined with traditional finance, according to a Bloomberg report. JPMorgan Flags Stablecoin Growth, Warns Against Overhype A growing convergence between digital assets and traditional finance is underway, JPMorgan strategists noted this week, highlighting two major developments: the integration of stablecoins into mainstream financial systems … Read more
On Friday at 4:30 p.m. Eastern, Galaxy Digital—a firm specializing in digital assets and data center infrastructure—announced in a press release that it had carried out one of the largest bitcoin moves linked to an early bitcoin holder by “completing the sale of more than 80,000 bitcoin.” Market Shrugs Off Galaxy’s Massive 80,000 BTC Sale … Read more
Over the past 24 hours, Galaxy Digital has stirred up a frenzy online as its flagged wallet sets began unloading thousands of bitcoin ( BTC) onto exchanges. A hefty chunk of these transfers ties back to the massive 80,000 BTC Galaxy scooped up from a mysterious 2011 whale. Binance, Bybit, and Ghost Wallets Scoop Up … Read more
More than 101,000 bitcoin tied to early addresses created between 2009 and 2017 were shifted in the first seven months of 2025, with a massive July breakout accounting for over 80% of that total. Old Wallets, Big Moves So-called “sleeping bitcoins” refer to coins held in wallets that have seen no spending activity for years—sometimes … Read more
Matt Hougan, CIO of Bitwise, believes that the trend of Ethereum Treasury Companies will accelerate, prompting new investors to enter the space and purchase ether even at premium prices. He estimates that demand for ether will outpace production at a ratio of 7:1 over the next year. Bitwise: Ethereum Treasury Trend to Last, Demand Shock … Read more
TLGY Acquisition Corp. will merge with SC Assets to create StablecoinX, a company focused on building an ENA treasury. Backed by $360 million in PIPE financing, the venture aims to secure a major stake in Ethena’s stablecoin ecosystem. ENA Treasury to be Powered by StablecoinX Through $360 Million Funding TLGY Acquisition Corp. has announced the … Read more
