Bhutan has transferred another 90 BTC worth about $7 million to a new SegWit address, bringing total Bitcoin movements from Bhutan-linked wallets to over $237 million in 2026. This activity reflects a significant decline in Druk Holding and Investments’ Bitcoin reserves, dropping by around 10,000 BTC since October 2024. The transfers include movements to wallets linked to major crypto platforms like Galaxy Digital and OKX, raising questions about potential sales or restructuring of Bhutan’s sovereign crypto holdings. Bhutan’s Bitcoin reserves were originally built through hydropower-backed mining, but the 2024 halving and increased competition have pressured mining returns. Druk Holding and Investments has not publicly commented on these recent transfers or the status of its mining operations.
The Health Care Select Sector SPDR ETF (XLV) is down about 3% year-to-date despite a 14% gain over the past year. The fund's performance hinges on drug pricing policies and key product pricing, especially from Eli Lilly, which dominates XLV with its ...
XRP is trading near $1.14, balancing ETF inflows and reduced exchange reserves against whale selling and short-term price weakness. Despite a 16% drop over 30 days, institutional demand through XRP ETFs remains strong, with net inflows exceeding $10 ...
Andrew Murstein, a key figure in New York's taxi industry, signed an 11-year lease to move Medallion Financial Corp. to 9,000 sq ft at 667 Madison Ave, joining other prestigious tenants. The building, owned by Leonard Stern's Hartz Group, features re...
Value investor Tobias Carlisle argues Adobe's stock is undervalued, trading at a forward P/E of 8 and a PEG of 0.53, despite a nearly 50% drop over the past year. He highlights Adobe's strong Q2 FY2026 results, including record revenue and significan...
The attacker behind the $36 million Humanity Protocol hack has started moving stolen funds through multiple wallets, converting some into stablecoins like USDC and USDT before depositing them on KuCoin. The breach occurred after a phishing email deli...
