For the first time in Bitcoin's history, the share of Bitcoin held directly by individuals in private wallets has dropped to about 49%, down from 78% in late 2022. This decline is due to increased institutional adoption through ETFs, ETPs, and corporate treasuries, which now hold significant portions of Bitcoin supply. While self-custody offers sovereignty and reduces counterparty risk, many investors are opting for the convenience and regulatory clarity of custodial solutions. This shift raises new risks, such as potential security breaches or regulatory seizures affecting millions of investors who hold Bitcoin indirectly through funds rather than personally owning it.
A large trader on Hyperliquid holding the address 0x936c gained about $2.12 million in unrealized profits by shorting the PONS token, whose perpetual futures price fell 21.3% within 24 hours. The trader's position involved approximately 14.85 million...
XRP faces a pivotal week in early October with four major events: a Ripple and banks meeting in Seoul, completion of the Evernorth deal, XRPN's Nasdaq debut, and a significant XRPL upgrade (XLS-56) that boosts transaction capacity. This upgrade, supp...
Strategy holds 847,666 Bitcoin currently worth about $71.6 billion. Adam Livingston projects that if gold rises 15% to $4,760 per ounce and the Bitcoin-to-gold ratio returns to its December 2024 peak, Bitcoin could hit $190,858 each, valuing Strategy...
Aetna, part of CVS Health, announced its 2027 Medicare offerings featuring $0 copays on Tier 1 drugs, vaccines, and key preventive services like annual physicals and screenings. The plans expand Chronic Condition Special Needs Plans to 25 states and ...
The PONS metal token experienced a sharp decline of 18.73% over a 24-hour period, with its market capitalization falling to approximately $427 million. Trading volume for the token reached about $23.9 million as of October 3. This significant drop hi...
