A wallet linked to the Kingdom of Bhutan has moved approximately 434.86 Bitcoin, valued at around $27.96 million, to the cryptocurrency exchange Binance. The transactions occurred over a five-hour period, marking the first activity from this address in over a month. On-Chain Data Points to Government-Linked Wallet Blockchain analytics platform Arkham identified the Binance deposit
This morning, Jefferies slashed its price target on SanDisk stock 42% from $3,000 to $1,750. ZeroHedge laughed out loud at the drastic action. Just six weeks ago, on June 26, analysts at the investment bank had set their $3,000 price target. Nonetheless, SanDisk stock price is down, even after the AI chipmaker reported the best
Hana Financial Group has selected blockchain infrastructure firm Lambda256 as its technology partner for a new overseas remittance and payments project, developed in collaboration with Dunamu. The initiative, which began in earnest in June, aims to modernize cross-border payment processing using distributed ledger technology, according to The Herald Business. Project Scope and Technical Implementation Lambda256,
Next Technology Holding Inc. (Nasdaq: NXTT) will turn every 100 shares into one at 12:01 a.m. ET on Aug. 10, 2026. Nasdaq trading is expected to open on a split-adjusted basis that morning. The Aug. 5 filing projects the outstanding count will fall from approximately 147,296,192 shares to approximately 1,472,962. This is the company’s second
An early Bitcoin investor who had been inactive for a long time in the cryptocurrency market has resurfaced. According to data shared by the on-chain analytics platform Onchain Lens, a “whale” who accumulated a large amount of $BTC during the years when Bitcoin was trading between $10 and $15, has made its first transfer after
The fallout from the Coldcard security breach is now surfacing on-chain. According to Glassnode data, roughly 210,000 $BTC have moved out of long-term holder (LTH) wallets over the past week, the largest decline since December 2024, when bitcoin approached $100,000 for the first time. Glassnode classifies long-term holders, or LTHs, as entities whose coins have
As large investor purchases accelerate in the Bitcoin market, the possibility of $BTC surpassing the $70,000 level is also being discussed. According to the latest data, Bitcoin whales have purchased approximately $1.2 billion worth of $BTC since July 29th. The recovery in demand from large investors is partially offsetting some of the recent concerns in
Federal Reserve Chairman Kevin Warsh is reportedly prepared to support a rate hike at the September meeting if inflation data, due to be released in the coming weeks, remains high. According to a Financial Times report citing sources close to Warsh, the Fed chairman is open to tightening monetary policy if inflation comes in stronger
Bitcoin’s $BTC$64,287.02 on-chain and ETF data point to renewed buying pressure among large players, offering a cushion against disappointment over the CLARITY Act’s stalled progress. Blockchain data tracked by Santiment shows that whales and sharks, or wallets holding 10 $BTC to 10,000 $BTC, have accumulated over 20,000 $BTC, worth $1.2 billion at the ongoing market
Bitcoin has spent weeks oscillating between roughly $60,000 support and $66,000-$67,000 resistance, frustrating both bullish and bearish traders. Even with all the macro news and ETF developments, the market has failed to establish a sustained trend. However, this points to an important lesson: some of the biggest trading losses occur not during crashes or rallies,