In Q1 2024, public companies accumulated a record 50,351 Bitcoin even as BTC prices fell 22%, highlighting strong institutional demand amid market volatility. Long-term holders increased their BTC holdings by 4.5% year-over-year, with conviction buyers surging 69% to 3.60 million BTC, the highest since 2020. This sustained corporate buying reflects strategic balance sheet positioning rather than short-term trading, suggesting confidence in Bitcoin's role as a hedge during prolonged macroeconomic uncertainty. With expectations of continued high interest rates and volatility, corporate demand could drive Bitcoin's performance and its ratio against gold in the second half of the year.
A new patent application reveals a quantum AI project creating humanoid robots that can carry a person's 'digital DNA' to live alongside humans for centuries. This technology, part of a federally registered clinical trial, allows families to preserve...
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging the company may have provided misleading business information to investors in its stock-based mutual funds. Investors who purchased Pu...
XRP holders, especially whales, are withdrawing assets from centralized exchanges like Binance, indicating improved market sentiment and a shift toward long-term holding. Binance has seen its lowest XRP inflows in 60 days while withdrawals surged, re...
CoreWeave secured a $35 billion deal with Meta, making Meta one of its largest customers through 2032. Despite this significant partnership, CoreWeave's shares fell following news related to Meta's own cloud services. The drop suggests investor conce...
The TRUMP Coin team transferred $16.91 million worth of TRUMP tokens to Fireblocks custodial wallets, indicating no intention to sell but rather portfolio rebalancing. This move follows previous large transfers to cold wallets, suggesting institution...
