Bhutan has moved $237.39 million worth of Bitcoin to SegWit addresses in 2026, indicating a systematic, months-long drawdown of its Bitcoin holdings. The country, which mined Bitcoin using hydroelectric power and once held about 13,000 BTC valued near $2 billion, has reduced its reserves to around 4,973 BTC. Managed by Bhutan's investment arm, Druk Holding & Investments, this gradual sell-off appears aimed at converting digital assets into fiat currency for national needs without disrupting the market. If current trends continue, Bhutan's Bitcoin reserves could be depleted by October 2026, though this may change with price fluctuations or strategic decisions.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
