According to a recent study by Arkham, the US government now owns the greatest quantity of Bitcoin among all nations, with approximately 212,847 coins – currently worth roughly $15 billion. The UK and Germany rank high among countries with the most Bitcoin ownership, holding approximately 61,245 BTC and 49,858 BTC respectively. Moreover, the US government … Read more
According to the analytics tool, Santiment, there’s a significant sign suggesting an upcoming bull market based on their examination of the Mean Dollar Invested Age. This indicator monitors the typical age of funds held in a digital wallet and has recently provided intriguing findings. During the examination, Santiment found that a decreasing average investment age … Read more
Grayscale Investments has submitted a new S-1 form to the SEC for its Bitcoin Mini Trust (ARK – Grayscale Bitcoin) registration. This long-awaited filing, however, does not provide details on the trust’s fee structure, leaving potential investors seeking clarification. Revised submission: Grayscale has filed an adjusted registration document for the Grayscale Bitcoin Mini Trust, using … Read more
The co-CEO of FTX, who is also recognized as Yuga Labs, declared that all royalties derived from their new income source would be transferred into a trading pool managed within a larger cryptocurrency fund. The location for this fund can be found at the merchant bank, FTXUS. According to Arkham Intelligence, a blockchain intelligence firm, … Read more
VeChain, a blockchain company, teamed up with the Ultimate Fighting Championship (UFC) to launch a risky venture: creating NFC-chip enabled tokenized gloves for UFC fighters. These gloves will record fight data and guarantee each pair’s authenticity using VeChain’s Near Field Communication technology. The Software aims to detect fraudulent sales of UFC memorabilia from the secondary … Read more