Bhutan has transferred 400 Bitcoin, worth about $30.62 million, to an unlabeled address, reducing its tracked sovereign Bitcoin holdings to 518 BTC from a peak of 13,000 BTC in October 2024. Most transfers are linked to the sovereign wealth fund, Druk Holding and Investments, which has been moving Bitcoin to exchanges and trading desks throughout 2026. The unlabeled transfer raises speculation about Bhutan's crypto strategy, especially as mining inflows have slowed and a large BTC pledge was made for a development project. These large outflows could impact Bitcoin market supply and signal potential sell pressure from a sovereign holder.
The total cryptocurrency market capitalization declined by 6.37% to $2.74 trillion as of October 22, with Bitcoin falling 4.04% to $81,255. Other major tokens like Ether, Solana, Dogecoin, XRP, and BNB also saw notable losses, with Dogecoin and XRP d...
On October 23, Binance Coin (BNB) increased by 1.78% to $746.17, showing positive momentum in the digital asset market. Meanwhile, Ether (ETH) remained stable at $2,402.89 with no change over 24 hours, indicating a period of price consolidation. Hype...
Uniswap has launched Aggregator Hooks across Ethereum, Base, and Robinhood Chain, allowing external liquidity to integrate with its v4 pools and expanding trading routes. Despite a large 180,000 UNI deposit to Binance raising selling concerns, spot b...
Crypto Rover shared a long-term price outlook for several cryptocurrencies, setting XRP at $100 and Bitcoin at $1 million without specifying a timeline. Other targets include Ether at $50,000, BNB at $10,000, Chainlink at $2,000, and NEAR Protocol at...
Binance founder Changpeng Zhao (CZ) warns that AI does not need to break Bitcoin's cryptography to cause harm; instead, it amplifies phishing and social engineering by using leaked personal data combined with convincing AI-generated messages. He high...
