Traders scanning the order books got a surprise when seven miner wallets, dormant for 16.5 years, came back to life. These wallets moved a total of 350 $BTC, valued at approximately $28 million, highlighting unusual activity in the Bitcoin ecosystem. This development, first noted by the CryptoTwitter commentator @lookonchain, may indicate shifts in trading patterns
In brief Pencil Finance says a $1 million student-loan bundle completed its funding and repayment cycle on-chain. The financing contributed to loans supporting more than 6,600 students at 118 schools and universities. The company did not disclose interest rates, investor yields, defaults, or blockchain transaction records. The Animoca Brands-incubated Pencil Finance says it has completed
Orionx, a Chilean crypto exchange backed by USDt stablecoin issuer Tether, is shutting down after uncovering a multimillion-dollar issue linked to asset custody. The exchange said it began a permanent closure process after a forensic audit found more than $7 million in custodial assets had moved to wallets it did not manage, according to a
Bitcoin’s current rally started when the Treasury Department announced on Aug. 19 that, beginning Sept. 9, it would at least double the maximum size of certain buyback operations for government bonds with 10 to 30 years left to maturity, raising the cap from $2 billion to $4 billion per operation. Simply put, the Treasury was
In brief Genuine stablecoin payments ran at about $390 billion annualized in late 2025, roughly 0.02% of a cross-border market worth $208 trillion. Enterprise flows begin and end in fiat, leaving stablecoins to settle only the middle leg that once ran through correspondent banking. Single-bank dependency is the sector’s most underrated operational risk, with Silvergate,
Factor LLC CEO Peter Brandt has brought back to the spotlight his iconic logarithmic chart from June 2019, indicating that the structure of Bitcoin’s fourth parabolic phase remains valid. The return of the archived forecast coincided with the cryptocurrency’s push through $80,000 and a test of strong resistance at $82,000. According to analysts, the Wall
A $4.5 billion US large-cap stock fund now has two crypto-sensitive companies at the top of its portfolio. The Fundstrat Granny Shots US Large Cap ETF’s Sept. 4 holdings snapshot ranked Bitcoin-treasury company Strategy (MSTR) first at 3.02% and retail financial platform Robinhood Markets (HOOD) second at 2.99%. Together they represented 6.01% of the portfolio.
US spot Bitcoin exchange-traded funds recorded net inflows of $174.6 million on Friday, Sept. 4, 2026. Only funds from BlackRock and Fidelity attracted positive net flows, according to Farside Investors’ daily table, leaving the final US exchange session before Labor Day’s closure dependent on two products for its net inflow. The total was 76.1% below