In a significant institutional cryptocurrency transaction, Grayscale Investments has moved 296 Bitcoin, valued at approximately $20.86 million, from its Grayscale Bitcoin Trust (GBTC) to Coinbase Prime custody. This substantial deposit, confirmed by blockchain intelligence firm Arkham, highlights ongoing strategic asset management within the digital asset sector. The movement underscores the critical role of secure, institutional-grade
Brave Wallet v1.88 added $NEAR Intents, enabling cross-chain swaps across Bitcoin, Solana, Zcash, Cardano, and EVM networks. $NEAR Intents has processed over 19 million swaps and more than $14 billion in volume across 35 chains before this wallet integration. Brave has added $NEAR Intents to its wallet through browser version 1.88, expanding cross-chain swap access
Safe-haven asset? The action is volatile, but bitcoin BTC$70,436.70 for the moment is continuing to hold just above the $70,000 even as other risk assets sell off across the board. Helping to send stocks lower, crude oil prices are up more than 10% and nearing $100 per barrel amid concerns about the Hormuz Strait —
Bitcoin is trading between heavy resistance above and strong bid support below, while liquidity data shows the market is nearing a decision point. If one side breaks, the next move could accelerate fast as price targets the next major liquidity cluster. Bitcoin Heatmap Shows Support Building Above Channel Break A Bitcoin heatmap shared by Columbus
Cameron and Tyler Winklevoss, the bosses of the Gemini exchange, have found themselves in a dire predicament that stems from a massive miscalculation of market timing, The Information reports. The twins launched Gemini’s Initial Public Offering (IPO) last fall to much fanfare. They also doubled down on this bullish sentiment by funding expensive global expansions,
Asset manager Ark Invest says quantum computing is a long-term consideration for Bitcoin security but not an imminent threat. In a Wednesday report co-authored with Unchained, the investment manager said today’s quantum computers are far below the capabilities needed to break Bitcoin’s cryptography, which relies on elliptic curve encryption to secure wallets. “Today’s quantum systems
As Bitcoin ($BTC) continues its attempts at recovery in recent days, buyers are starting to re-enter the market. CryptoQuant notes that, according to the data, net Bitcoin purchase volume has increased, indicating that buyers are entering the market. According to CryptoQuant, net buying volume measures the power imbalance between active buyers and sellers in the
Circle (CRCL) has recently outperformed other crypto-linked equities, a move investment bank William Blair said reflects more than shifting macro conditions. “It is tempting to ascribe recent strength to surging oil prices and perhaps a more hawkish Fed,” wrote analysts Andrew Jeffrey and Adib Choudhury in a Thursday note to clients. “We think there is
Wall Street giant Goldman Sachs has revised its forecast on when the U.S. Federal Reserve will make the first rate cut this year. This delay in their forecast for the first Fed rate cut this year comes as the Iran war threatens to drive inflation higher, which could make the U.S. Central Bank more wary
Crypto analyst Leshka has explained why it is unlikely that the Bitcoin price has bottomed even as it continues to attempt a recovery above $70,000. His analysis also aligns with predictions from analysts such as Doctor Profit, who predict that $BTC could still drop to $40,000. Analyst Explains Why Bitcoin Price Hasn’t Bottomed In an