After six weeks of continuous withdrawals that reduced Bitcoin reserves on exchanges by 33,000 BTC, a rapid reversal occurred with 28,000 BTC returning to centralized platforms in less than three weeks. This rebound erases 84% of the previous supply drain, reducing fears of an immediate Bitcoin shortage. The increase in reserves highlights the complex dynamics between institutional ETF demand, which often sources Bitcoin off-book via OTC markets, and liquidity on public exchanges. This shift suggests a strategic reallocation of Bitcoin holdings and provides more market depth to absorb future volatility, though the long-term impact remains uncertain.
Zcash (ZEC) has surged 2,389% over the past year, reaching prices above $1,200 for the first time since 2016. This sharp rally has put significant pressure on major short sellers, including a trader holding a $47 million short position that faces liq...
Cardano is preparing for a major upgrade called Dijkstra, set to roll out in two phases by early 2027. The first phase, targeting a Mainnet launch by the end of 2026, will introduce Nested Transactions and Linear Leios. The second phase, planned for ...
AI is rapidly becoming part of everyday business operations, with nearly half of firms expected to use AI soon, driving a surge in demand for data center power and infrastructure. Companies like NVIDIA, Broadcom, Arista Networks, Vertiv Holdings, and...
Crypto markets are adjusting to a stronger-than-expected US labor report showing 162,000 new jobs in August and steady unemployment at 4.1%. This boosted expectations that the Federal Reserve might cut interest rates in mid-September, causing market ...
Bitcoin's price stabilized around $79,600 to $80,100 after a recent surge, supported by strong institutional demand with spot Bitcoin ETFs attracting up to $987 million in weekly inflows. Corporate Bitcoin purchases continued despite market volatilit...
