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Strategy has added another 13,390 bitcoin to its treasury, spending approximately $1.34 billion at an average price of $99,856 per coin, according to Executive Chairman Michael Saylor. Strategy Now Holds 568,840 Bitcoin The bitcoin treasury and software firm now holds a total of 568,840 bitcoin, acquired for roughly $39.41 billion at an average price of … Read more
Information about an alleged new regulation requiring Spanish citizens to report cash withdrawals over €3,000 recently went viral on social media. Spanish crypto and tax experts debunked this claim, stating that it is completely incorrect and a result of a misunderstanding of anti-money laundering regulations. Experts Debunk Viral Post: Spanish Citizens Don’t Have to Report … Read more
In the past 30 days, Layer 1 blockchains have seen an impressive acceleration of activity. Infrastructure developments, DeFi (decentralized finance) innovations, and real-world asset (RWA) integrations have all focused on Layer 1 in recent weeks. These three major avenues of development are now leading an influx of new capital into Layer 1. The past few … Read more
The crypto world has been buzzing about Solana once again, and for good reason. This past week, not one but several news items came to light that underscored Solana’s growing prominence — and some of the difficulties being faced in creating a truly decentralized ecosystem. Aggressive buying by certain large players, formation of a partnership … Read more
When Bitcoin staged a notable recovery from recent lows, on-chain data and trading activity painted a picture of renewed confidence in the market. More than 3 million BTC transitioned from being held at a loss to now sitting in profit — a clear sign of sentiment shifting in favor of bulls. Among those capitalizing on … Read more
Last week was quite an eventful and telling one for Solana. It was marked by high stakes security-related actions, which in turn, led to high investor confidence. This, coupled with notable advancements in Solana’s ecosystem, makes me very optimistic about my Solana investment. Therefore, I can’t say enough good things about the progress that Solana … Read more
A significant pattern of accumulation has emerged surrounding the DeFi protocol PENDLE. An unknown whale or institutional entity is amassing large quantities of the token, and many analysts view this as a calculated long-term play. In fact, over the past month, the entity has not only been buying PENDLE but also removing it from centralized … Read more
Binance has published its latest reserve report for May, which has attracted the attention of both on-chain analysts and crypto enthusiasts. In it, the exchange revealed that over the past three months, its asset allocations have changed significantly. And the trend we see in the report is quite pronounced — a move toward Bitcoin and … Read more
At 7:50 a.m. Eastern time on Friday, bitcoin’s price held steady at $103,191, pushing its market capitalization to $2.04 trillion with a 24-hour trading volume of $55.17 billion. The intraday price range spanned from $99,239.45 to a local high of $104,332, showcasing a bullish tone tempered by emerging signs of consolidation. Bitcoin The daily chart … Read more
Securitize, a leading digital securities platform, announced a strategic equity investment from Jump Crypto on May 8 to enhance institutional access to tokenized real-world assets (RWAs) and improve collateral management solutions. Strategic Tie-Up Aims to Bridge Traditional Finance With Onchain Assets The Jump Crypto and Securitize partnership aims to leverage blockchain technology to address liquidity, … Read more