A physical Casascius Bitcoin coin containing 25 BTC, minted between 2011 and 2013, was finally redeemed after about 15 years, releasing roughly $2 million worth of Bitcoin onto the blockchain. Casascius coins, created by Mike Caldwell, are physical tokens with embedded private keys hidden under a tamper-evident hologram. Redeeming the coin destroys its loaded status and moves the Bitcoin on-chain. This event is part of a growing trend of dormant Casascius coins being redeemed, which affects Bitcoin supply metrics and collector markets since unredeemed coins are rare and often sell at premiums. Nearly 39,000 BTC remain locked in sealed Casascius coins, representing a shadow supply that can impact on-chain analytics when redeemed.
National Beverage faces stagnant growth as LaCroix volumes have declined for four straight years, reducing brand excitement. The stock trades at reasonable multiples reflecting muted growth and no clear catalysts for upside. Despite stable gross marg...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
A bitcoin wallet that had been inactive since 2017 moved its entire holding of 5,908 BTC, now worth about $383 million, to a new, unidentified address. The coins were originally bought near bitcoin's 2017 peak at around $16,000 each and have gained r...
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
The US will impose a 25% tariff on most imports from Brazil starting July 22, following a yearlong investigation into alleged unfair trade practices by Brazil. The tariffs target issues such as Brazil's demands on US tech firms to remove political co...
