New data shows individual investors still hold the majority of Bitcoin supply, outpacing institutions, corporations, funds, and government wallets. The past few years have been filled with talk about how institutions have swallowed up the Bitcoin supply. Yet data shows that an overwhelming amount is still held by individuals. Surprisingly, new data has shown that
Polymarket, the blockchain-based prediction market platform, is reportedly seeking to raise $1 billion in a new funding round that would value the company at approximately $20 billion, according to a Bloomberg report. The report, which cites sources familiar with the matter, indicates that the company is in discussions with investors, though the terms are not
Ondo Finance has expanded the availability of its yield-bearing stablecoin, $USDY, to $BNB Chain. The move brings a tokenized version of U.S. Treasury bills and short-dated government bonds to one of the largest blockchain ecosystems by total value locked, giving $BNB Chain users a regulated avenue for earning yield on dollar-pegged assets. $USDY: A Tokenized
Five days after the first sweep, the Coldcard incident has stopped looking like a single event and started looking like a slow harvest. Blockchain analysts tracked a fourth round of drains running through Monday, and the running total of observed losses is now closing on $114 million. What has not happened is the price collapse
Tokenized equities firm Dinari is bringing its blockchain-based U.S. stock offering to eligible domestic investors, marking an expansion of the custodial tokenization model into the U.S. market. The company said Tuesday that investors can buy and sell 724 tokenized U.S. stocks, including every company in the S&P 500, using Circle’s $USDC stablecoin through self-custody wallets.
NYSE-listed French semiconductor company Sequans Communications (SQNS) has sold 344 Bitcoin, reducing its holdings to 314 $BTC. The sale, announced today, marks a significant step in the company’s exit from its Bitcoin accumulation strategy, which it first revealed in May. Sequans is pivoting its full attention to its core Internet of Things (IoT) business, aiming
Wells Fargo, the fourth-largest U.S. bank by assets, is preparing to introduce a blockchain-based deposit token service for its corporate and commercial clients this fall, according to an exclusive report from The Wall Street Journal. The initiative marks a significant step in the bank’s digital asset strategy, leveraging its in-house blockchain platform to offer tokenized
Strategy sold 1,638 bitcoin last week for $105 million, reduced its holdings to 842,138 $BTC, and began tracking the 200-week moving average on its website, marking the clearest shift yet from accumulation to active treasury management. Introduction For four years, the Michael Saylor bitcoin thesis had one direction: buy. From August 2020, when Strategy (then
As South Korea’s government tightens lending regulations to cool the housing market, a notable shift is emerging among Seoul homebuyers: many are selling financial assets, including stocks and cryptocurrencies, as well as existing real estate, to finance new purchases. According to an exclusive report by Maeil Business Newspaper, an analysis of home purchase financing plans
Despite the remarkable growth of the Indian crypto market, Indian traders still use dollar-backed stablecoins like $USDT and $USDC. While this creates currency risks, industry leaders highlight the significance of a regulated Indian rupee-backed stablecoin. According to experts like Binance’s SB Seker, an INR stablecoin could reduce foreign exchange risks and build a stronger crypto