Dormant Bitcoin movement in the second quarter fell to its lowest level since the third quarter of 2022, according to data shared by Alex Thorn, Galaxy’s head of firmwide research. Coin days destroyed, a metric that gives greater weight to older coins, showed a similar decline. Thorn said the earlier spikes were driven by “OGs
South Korea’s KB Kookmin Bank will launch a blockchain-based cross-border payment service for import and export businesses in August using JPMorgan’s Kinexys network, according to multiple local media reports. Kinexys, formerly known as Onyx, is JPMorgan’s blockchain platform for institutional payments, tokenization and digital assets. The service will initially support US dollar transfers across 10
As the Bitcoin price trades nearly 49% below its all-time high, Strategy, the biggest corporate holder of Bitcoin led by Michael Saylor, has shared a stress test of its Bitcoin-focused capital structure, indicating the Bitcoin crash scenario where it will stay unaffected. In a recent X post, Strategy stated that at its current capital structure,
Wormhole has announced that $SUI is now natively integrated on the Solana network. This integration enhances interoperability between ecosystems, allowing for smoother transactions and interactions. The move is significant as it could attract more developers to work on the $SUI platform, ultimately broadening its user base and application scope. For more details, visit the tweet.
$AAVE has officially launched on the Solana network, marking a significant milestone in decentralized finance. This integration, revealed by CryptoTwitter commentator Wormhole, enhances the cross-chain capabilities of $AAVE, allowing for broader liquidity and user engagement. As the DeFi landscape evolves, this move is likely to attract more users to both $AAVE and Solana, fostering a
Amazon, Microsoft, Alphabet, and Meta have projected a staggering $725 billion in combined capital expenditure for 2026, an increase of 77% from 2025. This significant investment raises crucial questions about market sustainability and how these companies plan to recoup their expenses. Notably, Filecoin’s analysis highlights that none of this financial risk appears in their storage
Cosmos recently announced its collaboration with Peersyst on the CBWeb3 Project, funded by IDB Lab and executed by lnetglobal. This initiative aims to explore the future of tokenized finance and cross-border interoperability in Latin America and the Caribbean. The project stands to significantly impact regional financial infrastructure as it involves collaboration with central banks and
August has not been kind to Bitcoin [$BTC]. Since 2022, each August has seen an average Bitcoin drawdown of 19.38%. If history were to repeat, that would mean $BTC could fall to the $51.9k level or even lower. Popular crypto analyst Ali Martinez demonstrated this fact in a post on X. Source: Ali Charts on
Crypto Remittances Fail to Gain Traction in El Salvador El Salvador, referred to as the bitcoin country, still lacks adoption of digital currencies in the remittances arena. Numbers issued by the Central Bank of El Salvador revealed that during the first half of 2026, only $35.4 million of the total volume of external remittances was
Fireblocks has announced that a staggering $33 trillion in stablecoins were moved last year, with the UAE emerging as a central player in this trend. The organization’s focus on stablecoin movement underscores the growing institutional adoption of digital currencies. This announcement highlights the UAE’s readiness to lead in stablecoin adoption, as detailed in Fireblocks’ official