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Bhutan’s Bitcoin stash hits $1 billion as speculation around nation state adoption intensifies

Bhutan’s Bitcoin reserves have quietly swelled to over $1 billion, positioning the small Himalayan kingdom as a unique player in the world of sovereign wealth. According to Arkham Intelligence data, Bhutan’s government-owned Druk Holdings has reportedly amassed over 12,500 BTC, marking a significant commitment to digital assets amid growing interest in crypto as a strategic […] The post Bhutan’s Bitcoin stash hits $1 billion as speculation around nation state adoption intensifies appeared first on CryptoSlate. дальше »

2024-11-12 20:30


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This Country Quietly Mined Over 13,000 BTC, Overtaking El Salvador’s Bitcoin Reserves

In a surprising development, Bhutan has significantly increased its Bitcoin holdings, surpassing El Salvador and establishing itself as a major player in the cryptocurrency world. According to data shared by crypto analytics firm Arkham Intelligence on Monday, the Himalayan kingdom now holds just over 13,000 BTC, valued at approximately $780 million. In addition to Bitcoin, […] дальше »

2024-9-18 22:55


Bitcoin Whales Buy While Market Panics As $950M Worth Of BTC Leaves Exchanges

On-chain data shows Bitcoin whales may have quietly been accumulating at the recent price lows as exchanges have registered large withdrawals. Bitcoin Exchange Reserve Has Observed A Decline Recently As pointed out by analyst Ali Martinez in a post on X, exchanges have seen significant withdrawals over the last couple of days. The on-chain metric […] дальше »

2024-6-13 20:00


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Reddit IPO filing reveals treasury exposure to Bitcoin, Ethereum

Social media giant Reddit has been quietly buying Bitcoin and Ethereum with some of its excess cash and holds an undisclosed amount of the two tokens in its treasury for investment purposes. The social media giant’s crypto exposure details were revealed in its initial public offering (IPO) prospectus, which was filed with the SEC on […] The post Reddit IPO filing reveals treasury exposure to Bitcoin, Ethereum appeared first on CryptoSlate. дальше »

2024-2-23 00:23


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Erik Voorhees advises Apple to tap into Bitcoin to ‘make a billion dollars instantly”

Several crypto stakeholders have advised Apple, the iPhone maker, to invest in Bitcoin. In a Feb. 16 post on the social media platform X (formerly Twitter), Shapeshift CEO and founder Erik Voorhees urged the technology company to quietly “buy several billion of BTC” and make the top crypto a payment method in its Apple Pay […] The post Erik Voorhees advises Apple to tap into Bitcoin to ‘make a billion dollars instantly” appeared first on CryptoSlate. дальше »

2024-2-17 19:57


Data: Bitcoin Miners Are Quietly Accumulating While The Market Bleeds

On-chain data suggests Bitcoin miners have been quietly accumulating while the rest of the market has been bleeding. Bitcoin Miner Reserve Continues To Stay At High Values Despite Struggling Price As explained by an analyst in a CryptoQuant post, BTC miners seem to have continued to accumulate while the price has declined in the past few weeks. дальше »

2022-3-8 22:00


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Banking Behemoth Morgan Stanley Quietly Grabs More Bitcoin (BTC) Exposure

Bitcoin investments are trending amidst major financial institutions and banking giant Morgan Stanley has been active in this regard. Morgan Stanley, one of the largest banks in the United States, has invested millions of dollars in Bitcoin through its various funds despite the bearish discourse prevailing among crypto analysts until recently. Twitter User MacroScope wasRead More дальше »

2021-8-27 15:00


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Trapped Between A Rock And A Hard Place, JPMorgan Quietly Unveils Access To Six Crypto Funds For Its Wealthy Clients

Despite JPMorgan’s Jamie Dimon is one of the most skeptical Bitcoin figures in the banking industry, it seems he has no choice but to join the Bitcoin bandwagon. According to a recent report, sources familiar with the subject disclosed that the bank reportedly instructed its financial advisors on Thursday to start placing private bank clients […] дальше »

2021-8-7 19:32


PayPal Raises Weekly Crypto Purchase Limit to $100k with Annual Limit Removed Altogether

Payments giant PayPal has quietly increased the weekly limit to buy Bitcoin by 5x to $100,000. PayPal announced this change this week, noting that ever since they allowed their users to buy, hold, sell, and checkout with cryptocurrency in October, they have been actively engaging with its customers to better understand their needs. дальше »

2021-7-17 16:49