๐ Bhutan has sold 70% of its Bitcoin holdings over the past 18 months.
Arkham data reveals that the country's stash has dropped from roughly 13,000 BTC in October 2024 to the current 3,954 BTC (worth approximately $280.6 million), with $215.7 million in BTC transferred out this year alone.
Furthermore, it's been over a year since Bhutan recorded a mining inflow exceeding $100,000, suggesting that the kingdom may have halted its hydropower-backed Bitcoin mining operations.
Arkham data reveals that the country's stash has dropped from roughly 13,000 BTC in October 2024 to the current 3,954 BTC (worth approximately $280.6 million), with $215.7 million in BTC transferred out this year alone.
Furthermore, it's been over a year since Bhutan recorded a mining inflow exceeding $100,000, suggesting that the kingdom may have halted its hydropower-backed Bitcoin mining operations.
๐ฎโ๏ธ A federal judge has prohibited the state of Arizona from bringing criminal charges against Kalshi.
Bitcoin Magazine
#ZEC โซ๏ธBear case: following the pattern of BTC summer 2014 => ZEC to 400$ โซ๏ธBull case: Following the pattern of BTC summer 2013 => ZEC to 4000$
#ZEC
โซ๏ธBear case: following the pattern of BTC summer 2014 => ZEC to 400$
โซ๏ธBull case: 100B$ Marketcap
โซ๏ธBear case: following the pattern of BTC summer 2014 => ZEC to 400$
โซ๏ธBull case: 100B$ Marketcap
๐๐ #BTC Nearly 850,000 BTC was bought between $60Kโ$70K range this year. Thatโs over 9% of total supply.
The URPD chart shows heavy accumulation in that range.
The URPD chart shows heavy accumulation in that range.
Media is too big
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๐ Iran is already using stablecoins to facilitate trade in oil, weapons, and commodities. #stablecoin
๐ Top 5 News for 24 Hour:
1. MSTR buys over 7,300 BTC with STRC proceeds. โ
๐ 385 | โค๏ธ 2 | ๐ 4
2. Michael Saylor's Bitcoin strategy may surpass BlackRock holdings. โ
๐ 239 | โค๏ธ 0 | ๐ 4
3. Selini Capital acquires $WLD from Binance. โ
๐ 339 | โค๏ธ 0 | ๐ 3
4. US government sends 2.4 BTC to Coinbase. โ
๐ 336 | โค๏ธ 0 | ๐ 3
5. Arthur Hayes increases $HYPE holdings, gains $2.5M. โ
๐ 300 | โค๏ธ 0 | ๐ 3
| | |
1. MSTR buys over 7,300 BTC with STRC proceeds. โ
๐ 385 | โค๏ธ 2 | ๐ 4
2. Michael Saylor's Bitcoin strategy may surpass BlackRock holdings. โ
๐ 239 | โค๏ธ 0 | ๐ 4
3. Selini Capital acquires $WLD from Binance. โ
๐ 339 | โค๏ธ 0 | ๐ 3
4. US government sends 2.4 BTC to Coinbase. โ
๐ 336 | โค๏ธ 0 | ๐ 3
5. Arthur Hayes increases $HYPE holdings, gains $2.5M. โ
๐ 300 | โค๏ธ 0 | ๐ 3
| | |
โ ๏ธ Paying Iran in crypto could trigger serious sanctions violations for shipping firms, per Chainalysis. #tradewars
๐ต๏ธ Arthur Hayes Buys Another $1.1 Million in HYPE
According to Lookonchain, Arthur Hayes bought another 26,022 HYPE yesterday for about $1.1M, marking his first HYPE purchase in nearly three months. He now holds 247,334 HYPE worth approximately $10.44M, with unrealized gains exceeding $2.5M. Bitwise is also advancing its Hyperliquid index ETF filing. #etf
According to Lookonchain, Arthur Hayes bought another 26,022 HYPE yesterday for about $1.1M, marking his first HYPE purchase in nearly three months. He now holds 247,334 HYPE worth approximately $10.44M, with unrealized gains exceeding $2.5M. Bitwise is also advancing its Hyperliquid index ETF filing. #etf