Large Bitcoin holders accumulated 61,568 more Bitcoin over the past month against the backdrop of escalating conflict in the Middle East and macroeconomic uncertainty. Whales and sharks, defined as those holding between 10 and 10,000 Bitcoin ($BTC), have increased their holdings by 0.45%, while wallets with under 0.01 Bitcoin have added 0.42%, or 213 $BTC,
The Financial Times reported Friday that Tether has hired KPMG to conduct its first full audit of $USDT’s financial statements and brought in PwC to help prepare its internal systems, citing people familiar with the matter. The reported mandate follows Tether’s Tuesday announcement that it had formally engaged a Big Four firm for an inaugural
What Are Wrapped and Staked Bitcoin? At first glance, tokens like LBTC, ckBTC, or staked $BTC may look like new versions of Bitcoin. But in reality, they are financial layers built on top of Bitcoin, not Bitcoin itself. Wrapped and staked $BTC are derivative assets that represent Bitcoin in different environments: Wrapped $BTC allows Bitcoin
Wall Street’s rapid migration to blockchain is unfolding now, but most investors may miss it until it’s complete, as institutions race to secure faster liquidity, lower friction, and dominance in the next era of global markets. Why Major Financial Institutions Are Racing On-Chain A structural shift in global finance is accelerating as major market institutions
While the movements of large investors in the cryptocurrency markets are closely monitored, onchain data analytics company Santiment has published a noteworthy report. According to the company, large groups of investors, referred to as Bitcoin “whales,” have accumulated significant amounts of $BTC in the past month. According to Santiment data, addresses holding between 10 and
The turbulent Friday, as the US-Iran conflict entered its fifth week, caused declines in Bitcoin and cryptocurrency markets. Bitcoin (BTC) fell to levels as low as $68,500 on Friday morning, registering a 2% decrease in the last 24 hours. It is stated that, in addition to the US-Iran war, the ongoing Ukraine-Russia war also played
Institutional demand for bitcoin appears to be cooling after a strong start to the month. On Thursday, investors withdrew a combined $171.12 million from the 11 U.S.-listed spot bitcoin exchange-traded funds, marking the largest single-day outflow in just over three weeks, according to data from SoSoValue. BlackRock’s IBIT saw $41.92 million in outflows, while funds
As discussions about technical analysis continue in the cryptocurrency markets, experienced trader Peter Brandt issued a noteworthy warning regarding the Bitcoin chart. Brandt, in his assessment made on the social media platform X, stated that Bitcoin has formed a “rising wedge” pattern. This formation, frequently observed in technical analysis, typically appears during an uptrend and
Ukraine has complicated President Donald Trump’s efforts to stabilize oil markets amid the Iran war, amplifying risks for financial markets, including cryptocurrencies. For nearly a month, markets have been gripped by a single concern: the Iran war. Disruptions in the Strait of Hormuz – a critical oil chokepoint – have driven prices sharply higher, stoking