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Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown

Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown

2 months ago by Crypto InsightsCrypto

Arkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.

Circle (CRCL) is trying to prove it’s more than just a stablecoin company with $3 billion blockchain

Circle (CRCL) is trying to prove it’s more than just a stablecoin company with $3 billion blockchain

2 months ago by Crypto InsightsCrypto

Circle’s (CRCL) upcoming Arc blockchain and its $222 million token presale are raising a broader question for crypto investors: should Circle still be valued mainly as a stablecoin issuer, or as an infrastructure company building the rails for digital finance? Alongside its quarterly earnings this… Read More

BTC on track for best month in a year amid $5 billion USDT growth

BTC on track for best month in a year amid $5 billion USDT growth

3 months ago by Crypto InsightsCrypto

Bitcoin BTC$77,749.23 held above $77,000 on Friday, consolidating after hitting its strongest level since early February earlier in the week. The largest cryptocurrency is up about 13.6% in April, putting it on track for its best monthly performance in a year, according to CoinGlass data.… Read More

Bitcoin price tops $78,000 on Trump ceasefire extension, Strategy’s $2.5 billion buy

Bitcoin price tops $78,000 on Trump ceasefire extension, Strategy’s $2.5 billion buy

3 months ago by Crypto InsightsCrypto

Bitcoin BTC$77,976.32 is breaking out of the Iran-headline chop. The cryptocurrency topped $78,000 on Wednesday morning, up 2.2% over 24 hours and 4.3% on the week, after President Donald Trump said he would extend the Iran ceasefire indefinitely and Strategy disclosed the purchase of 34,164… Read More

The $13 billion DeFi wipeout in two days, and it started with KelpDAO attack

The $13 billion DeFi wipeout in two days, and it started with KelpDAO attack

3 months ago by Crypto InsightsCrypto

The decentralized finance (DeFi) ecosystem is experiencing a sharp capital outflow following the weekend exploit of the KelpDAO protocol. Leading DeFi lending platform Aave has lost $8.45 billion in deposits over the past 48 hours, driving a broader $13.21 billion decline in total value locked… Read More

Asset manager L&G brings its $68 billion money market funds onchain via Calastone

Asset manager L&G brings its $68 billion money market funds onchain via Calastone

3 months ago by Crypto InsightsCrypto

Legal & General Asset Management announced Wednesday that it placed the more than 50 billion pounds (roughly $68 million) in liquidity funds that it manages onchain through a new distribution channel built by Calastone. “We are thrilled to make our liquidity funds available on the… Read More

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