Bhutan is continuing to reduce its Bitcoin reserves. According to on-chain data tracked by Arkham Intelligence. The wallets linked to the Royal Government of Bhutan (Druk Holdings) recently transferred another 100 $BTC worth roughly $8.1 million. Bhutan is selling Bitcoin. Bhutan just moved 100 $BTC ($8.1M) out of its holding wallets. At their current rate
Bitcoin retail demand has shifted back into positive territory for the first time since early April, according to on-chain data tracked by analyst Axel Adler Jr, though absolute transfer volumes remain below levels seen earlier in the year. The Bitcoin Retail Demand 30-Day Change metric, which tracks transaction activity in the zero to ten thousand
The Depository Trust & Clearing Corporation (DTCC) will use Chainlink infrastructure for its blockchain-based collateral management platform, extending earlier work between the firms into one of Wall Street’s core risk-management functions. The firm said its Collateral AppChain will use Chainlink’s Runtime Environment (CRE) and data standard to support pricing, valuation, margining, collateral optimization and settlement.
Bitcoin is once again seeing sustained profit-taking on-chain, according to CryptoQuant data. The adjusted SOPR, or aSOPR, has stayed above the key 1.0 level for nine straight days, showing that spent $BTC is moving at an average profit. The signal comes as Bitcoin trades near $80,700 after its recent recovery from April lows. CryptoQuant analyst
Wells Fargo reported larger positions in Ether exchange-traded funds in the first quarter while reshuffling its Bitcoin ETF holdings across several products, according to its latest Securities and Exchange Commission filing. The bank said it raised its holdings in Ether ($ETH) ETFs, including BlackRock’s iShares Ethereum Trust ETF (ETHA) and the Bitwise Ethereum ETF (ETHW),
One of DeFi’s oldest and most damaging problems just met its most serious technical solution yet. Aptos has announced a native Encrypted Mempool, pending governance approval. That would make it the first Layer 1 blockchain to offer full transaction intent confidentiality at the protocol layer. Aptos to Launch Native Encrypted Mempool to Prevent Frontrunning and
Bakkt swung to a first-quarter loss as crypto services revenue fell 77%, underscoring the digital asset platform’s push to reposition itself around stablecoin payments and AI-enabled financial infrastructure. On Monday, the company reported a net loss attributable to Bakkt of $11.7 million, or 41 cents per basic and diluted share, for the quarter ended March