Sentora, the on-chain research shop, grabbed attention today when it tweeted that “US entities hold 73% of global crypto treasury value, showing the country’s dominance in the institutional crypto space.” That huge figure, shared as part of the firm’s ongoing crypto treasury coverage, spotlights how concentrated institutional crypto reserves have become around American organizations. The
Oracle has announced the upcoming launch of Digital Assets Data Nexus, an enterprise-grade platform aimed at helping banks and financial institutions to tap into crypto and asset tokenization. Summary Oracle announces launch of Digital Assets Data Nexus The new platform targets banks and other financial institutions looking to leverage digital assets and tokenization. Official launch
It’s been an up and down month of October for Bitcoin traders and investors, despite the seasonal promise of “Uptober” gains. Historically, October has been good for Bitcoin holders, posting a green month 10 out of the last 12 years and delivering average gains of more than 20%. At the moment, Bitcoin stands at a
Bitcoin price rose suddenly on Tuesday, Oct. 28, hitting a high of $116,200 as traders waited for the upcoming interest rate decision and Trump’s meeting with Xi Jinping. Summary Bitcoin price jumped to $116,200 as hopes of a Fed cut rose. The US published weak consumer confidence report. Amazon and UPS announced large-scale layoffs. Bitcoin
A leading Bitcoin (BTC) holder and advocate, Michael Saylor, has again sparked conversation on the true essence of acquiring the asset. In a post on X, Saylor referenced his post from exactly five years ago when he declared his personal Bitcoin holdings. Michael Saylor’s $175 million Bitcoin bet now over $2 billion Notably, Saylor emphatically
Most of the cryptocurrencies are in the red zone, however, there are some exceptions to the rule, according to CoinStats. BTC/USD The price of Bitcoin (BTC) has dropped by 0.24% since yesterday. On the hourly chart, the rate of BTC has set a local resistance of $116,077. As most of the daily ATR has passed,
Bitcoin is trading near a key technical level, with analysts divided on whether the current structure is part of a broader correction or the early stage of a new rally. The asset recently rebounded from $111,000 but was stopped before it neared the resistance between $117,000 and $119,000, a zone many see as the next
SoFi Technologies (NASDAQ: SOFI) raised its full-year profit forecast on Tuesday after reporting record third-quarter results that beat Wall Street expectations, driven by fee revenue and more user growth across its financial products. CEO Anthony Noto said the company remains on track to launch crypto trading by the end of the year, with plans to
The People’s Bank of China has officially established the Digital RMB Operation and Management Center as the nation prepares its digital currency for widespread adoption. Summary China’s central bank will establish a Digital RMB International Operations Center in Beijing, focusing on building cross-border and blockchain infrastructure for the digital yuan, complementing the existing Operations Management