New Bitcoin Whales Outpace Old Guard in $6B Supply Tug-of-War
New Bitcoin whales now control more value than long-term holders, creating a $6 billion supply overhang that could keep prices choppy.
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New Bitcoin whales now control more value than long-term holders, creating a $6 billion supply overhang that could keep prices choppy.
The US Senate Agriculture Committee released a Republican draft of the market structure bill, which includes protections for crypto developers, setting it up for a markup next week.
The project said the attacker subsequently bridged the stolen funds out of SagaEVM and converted them to ether.
Bitwise’s Matt Hougan argued crypto markets performed poorly in Q4 despite strong fundamentals, similar to early 2023 when crypto rebounded from 2022 lows.
As Senate Banking Committee shifts focus to housing concerns, the crypto bill may be delayed to late February or March, the report said.
With recent listings underperforming the CoinDesk 20, BitGo is positioning itself as a rare pure play on institutional crypto custody and long term adoption.
The Agriculture Committee is moving ahead on crypto legislation despite a lack of bipartisan agreement, even as the Banking Committee slows its own work.
BitGo priced its US IPO at $18 per share, above its previously marketed range of $15 to $17, with trading set to begin Jan. 22.
The American Bankers Association’s latest priorities aim to limit how digital dollars earn returns and how financial data is shared as lawmakers debate U.S. crypto market structure legislation.
ARK Invest’s latest analysis affirms it still sees Bitcoin reaching close to a $1 million price tag in 2030 on growing adoption.
X head of product Nikita Bier said the feature will launch in a few weeks, and already has over 1,000 pre-made “packs” of accounts to follow in each interest category — such as memecoin trading and cr...
The S&P 500 climbed, crypto stocks were mixed and Bitcoin and Ether posted modest gains on Wednesday after Donald Trump called off his recent tariff threat.