Bitcoin ($BTC) holders are reducing exposure even as the asset recovers from a five-month losing streak. Lookonchain reported that Riot Platforms, one of the largest US-based Bitcoin miners, sold 500 $BTC worth approximately $34 million. In a separate post, the on-chain tracker flagged that Bitcoin treasury firm Empery Digital transferred its remaining 1,795 $BTC to
Global markets expected good news on Iran war de-escalation and oil supply resumption from US President Donald Trump’s address to the nation. However, the speech rattled investors across crypto and equities, causing Bitcoin price to fall to $66K and erasing more than 550 billion from US stock futures.
The escalating tensions in the Middle East have intensified inflation concerns among US consumers. While President Trump characterizes the economy as the strongest in history with no inflation, this position stands at odds with the latest data. Follow us on X to get the latest news as it happens PRESIDENT TRUMP: The U.S. has never
A Blockstream researcher, Jonas Nick, has proposed a new quantum-resistant signature scheme designed for Bitcoin. The proposal aims to support secure multi-device signing while keeping signature sizes smaller than current post-quantum standards. SHRIMPS Introduces Multi-Device Quantum Signatures In a recent tweet post, Jonas Nick introduced SHRIMPS, describing it as a hash-based construction. It allows multiple
According to Bloomberg, Iran is planning a $1 per barrel transit fee for the Strait of Hormuz, payable in yuan or cryptocurrency. With the US-Iran conflict raging for over a month, a deal still seems unlikely. With neither country backing down, Iran’s restrictions on passage through the Strait of Hormuz, which is of great importance
As Bitcoin ($BTC) continues to be adopted by many countries, a US organization has proposed Bitcoin to Taiwan, which is facing competition from China. BPI said Taiwan should adopt $BTC as a reserve asset against a potential conflict with China. The Bitcoin Policy Institute (BPI) stated in a recent report that Taiwan should consider adopting
Those who rushed into bitcoin over the past two years are now heading for the exits and it’s not a great sign for the market. Public companies, once seen as long-term holders, are increasingly selling bitcoin as prolonged price weakness weighs on balance sheets and strategic plans. Take Empery Digital (EMPD), which announced on Wednesday
Metaplanet (3350) continued to scale its accumulation strategy through the first quarter of 2026, acquiring 5,075 $BTC for approximately $398 million, implying an average purchase price of about $78,000 per coin. The Tokyo-based firm has has generated a $BTC yield of 2.8% year-to-date. As of March 31, Metaplanet holds a total of 40,177 $BTC, acquired
A key indicator of Bitcoin demand in the cryptocurrency market turned negative at the end of March, causing concern among investors. According to data shared by the onchain data platform CryptoQuant, the “Apparent Demand” indicator, which measures the true strength of market demand, recorded a decrease of approximately 63,000 BTC. CryptoQuant analysts stated that this