A Tether-linked Bitcoin reserve address has transferred 204.3 $BTC, valued at approximately $14.36 million, to the Bitfinex exchange, according to on-chain data shared by blockchain analytics firm EmberCN via X. The transaction occurred roughly two hours before the report was published. Background of the Tether $BTC reserve address This particular wallet has been actively accumulating
After experiencing a nice recovery in early May, Bitcoin ($BTC) and Ethereum ($ETH) have been undergoing a major pullback in recent weeks. After rising above $82,000, the Bitcoin price fell below $70,000, and some market analysts are warning against further declines. While market anxiety persists, Bitmine (BMNR) Chairman Tom Lee says that despite short-term weakness,
Latest developments: Balchunas argued investors are overreacting to recent Bitcoin ETF redemptions. Speaking with CoinDesk’s Jennifer Sanasie and Dave Lavalle on Public Keys, Balchunas said roughly $3 billion in outflows from a market with about $100 billion in assets is “totally meaningless” compared with normal ETF flow patterns. He compared Bitcoin ETF flows to major
Strive (ASST) has acquired 2,500 bitcoin for roughly $185.2 million at an average price of $74,092 per coin, the company reported in an 8-K filing. It was completed at a lower average price than Strive’s last disclosed acquisition of 1,109 $BTC at $76,989 on May 22, suggesting the company bought into the slide that has
Bitcoin saw its price retrace after initially moving upwards and clearing the resistance at $80,000. Eventually, though, the price ended up hitting major resistance at $82,000 and falling back downward. Now, the Bitcoin price seems to be stuck in a sideways movement that threatens to be the end of the recovery. However, this might not
From a 2011 peak near $1,900, gold spent years carving a deep base, retested resistance around $2,100 in 2020, consolidated again through 2022, then broke decisively higher to reach $3,300 by early 2025 and a record above $5,400 in January 2026. According to analyst and Real Vision affiliate James Easton, Bitcoin’s weekly chart is now
Symbiotic, a crypto infrastructure firm backed by Paradigm, Pantera Capital and Coinbase Ventures, rolled out a new system aimed at tackling one of the biggest obstacles facing tokenized assets: liquidity. The product, dubbed Liquid Lane, allows investors to exchange tokenized funds, private credit products and other real-world assets (RWAs) for stablecoins almost instantly instead of
Bitcoin slipped below the psychologically important $70,000 level on Tuesday, trading around $69,300, as derivatives positioning reached some of the most elevated levels of the current cycle. Open interest across bitcoin futures markets has climbed to approximately 773,000 $BTC, a level last seen only a handful of times on record, according to Coinglass data. Previous
B3, the Brazilian stock exchange, will develop a digital twin of its depository database in a blockchain in preparation for a potential inclusion of these into the traditional financial system. B3 also expects to launch B3RL, a Brazilian real stablecoin, later this year. Key Takeaways: B3 will adopt tokenization in H2 2026, replicating traditional databases
Monthly inflows into digital asset treasury (DAT) companies fell to $180 million in May, the lowest level since October 2024, according to DefiLlama data. The May total was down 95% from April’s $4.4 billion and about 93% below the monthly average for January through May. The drop followed two strong months for DAT inflows, with