Day: February 17, 2025

Institutional investors now hold pivotal stakes in 15 major cryptocurrency mining firms, with asset managers like Vanguard, Blackrock, and Fidelity steering ownership across an increasingly competitive sector. Inside the Top 15 Bitcoin Mining Firms Dominated by Finance Heavyweights Institutional investors are rewriting the rules of the cryptocurrency mining sector. Vanguard, Blackrock, and Fidelity now command […]

Metaplanet announced on Monday that it has acquired an additional 269.43 BTC, valued at approximately $26.4 million (¥4 billion). This latest purchase brings the company’s total holdings to around 2,031 BTC, which is worth about $196 million at current prices. With an average purchase price of around $80,700 per bitcoin, Metaplanet’s overall investment in bitcoin […]

Sonic SVM, Solana’s first chain extension, officially announced today its $1M hackathon, designed to spur native decentralized application development ahead of its main net launch on Feb. 27, 2025. New York-Based Sonic SVM Announces Hackathon to Spur Solana Dapp Development Organized by Sonic SVM in New York, the hackathon runs from Feb. 17 to March […]

The mysterious donor, who describes himself as an “ordinary computer programmer and entrepreneur” encoded disturbing messages in his onchain transactions. Mystery Chinese Programmer Burns and Gifts $7M in ETH Before Leaving Bizarre Messages Over the past week, a mysterious individual who calls himself “Hu Lezhi” burnt and donated $7 million worth of ether (ETH) before […]

Bitcoin’s market dominance has surged to nearly 60%, reaching a four-year high as ethereum and altcoins continue to underperform. With low volatility and macroeconomic uncertainty, traders remain cautious, awaiting concrete policy shifts. Correlation Between Bitcoin and Equities Remains Strong Due to Macroeconomic Uncertainty Bitcoin is once again asserting its dominance, climbing to 60% market share, […]

Not long ago, the Bitcoin blockchain released 94.42% of its total supply, leaving only—or 174,583.24 bitcoins—to be mined until 20 million are in circulation. Calculations indicate that this milestone will be reached before the fifth Bitcoin halving, expected to occur in April 2028. Algorithmic Scarcity: Bitcoin Nears 20 Million The commonly cited total supply of […]

Over the last few days, numerous individuals have been engaging in discourse over Michael Saylor’s perspective on selling bitcoin, the founder of Strategy (formerly Microstrategy). Many bitcoin proponents appear to have interpreted his comment as suggesting that collective buying bolsters bitcoin’s security while selling could compromise it. Despite this, the Strategy founder’s remark remains open […]

Trading volume over the past 24 hours surged by more than 51% but bitcoin’s price barely budged. Volume Surges but Bitcoin Struggles for Momentum Bitcoin (BTC) is experiencing minor losses despite a surge in trading volume and a rise in futures market activity. At the time of reporting, BTC is priced at $96,752.07, marking a […]