Dormant Bitcoin Whale Moves $50 Million A long-silent Bitcoin whale has stirred after nearly 13 years, moving 137.03 BTC worth close to $16 million. Blockchain data reveals that this wallet originally acquired 444.81 BTC in 2012, back when the coin traded for just over $12 each. That initial investment is now worth around $50 million…
Ether ETFs Surge to $13.7B in Assets Ethereum ETFs in the U.S. have quickly become a success story since their launch in July 2024. According to SoSoValue, inflows jumped 44% in August, climbing from $9.5 billion at the start of the month to $13.7 billion by Aug. 28. Analysts say institutional appetite is driving the…
The Most Recent Bitcoin Purchase by Strategy Strategy bought another 4,048 Bitcoin for its treasury. The total cost of the purchase was $449.3 million. The average cost of a Bitcoin was $110,981. This most recent purchase took place in just one week. The company now has a total of 636,505 BTC. This total amount is…
Saudi Central Bank Embraces Bitcoin, Marks Major Shift in Investment Strategy In a landmark move signaling growing institutional confidence in cryptocurrencies, the Saudi Central Bank has taken a significant step into the digital asset world by acquiring 25,656 shares of Strategy, formerly known as MicroStrategy. The filing with the U.S. Securities and Exchange Commission (SEC)…
