SpaceX has shifted 1,163 Bitcoin, worth about $105 million, into a new wallet, just about a month after it transferred another large batch of 1,215 Bitcoins, valued at $133.7 million, to another address. After the latest transfer, SpaceX’s wallet now holds 6,095 .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) {…
Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin pegged 1:1 to the USD, with an initial issuance of $50 million, according to PR shared with crypto.news. Summary USDKG is pegged 1:1 to the U.S. dollar and fully backed by gold reserves. State-owned issuer aims to expand reserves to $500 million and later $2 billion. The…
Key Takeaways CalPERS holds about $80 million in Strategy shares to gain indirect exposure to Bitcoin. Strategy Inc. is a public company that holds Bitcoin as a main treasury asset, allowing its shareholders exposure to Bitcoin price movements. Share this article California Public Employees’ Retirement System (CalPERS), the largest public pension fund in the US…
Bitcoin’s celebrity era is over as Paris Hilton’s Bitcoin wallet and overall crypto portfolio have dipped to $60k. Four years ago, Paris Hilton and Neil deGrasse Tyson gave a shoutout to Web3 and bought into the hype. Oh, how things have changed! This time around in 2025, we didn’t even have mass shitcoin celebrity euphoria….
Altcoins shed over $1T in November as TOTAL3 dumped and capital rotated into stablecoins, but multiple analysts argue this looks like late-stage altcoin bear conditions before the next expansion phase. Summary TOTAL3 shows heavy capital outflows from altcoins into stablecoins after Bitcoin weakness, with November wiping out most of the year’s gains. Michaël van de…
Key Takeaways Upbit, a leading South Korean cryptocurrency exchange, suffered a $37 million security breach on the Solana network. Upbit has pledged to cover all customer losses from its own funds, demonstrating a commitment to customer security. Share this article Upbit, a major South Korean crypto exchange, today disclosed a $37 million security breach on…
The market woke up fast last night as Bitcoin price bounced sharply from its recent bottom that had been forming for days, pulling back above $90,000 while ETH USD finally cracked the $3,000 level again. This jump surprised almost no one. ETF flow data has been turning green for two straight days, with both BlackRock…
The Nasdaq plans to increase the limit on positions for options contracts for BlackRock’s flagship Bitcoin ETF. The Nasdaq International Securities Exchange filed with the SEC on Wednesday to quadruple position limits for options on BlackRock’s spot Bitcoin exchange-traded fund (IBIT). The exchange is raising the options limit fourfold, from 250,000 contracts to 1 million…
Crypto exchange Upbit has suspended all deposits and withdrawals after disclosing a major security incident that has led to multi-million dollar losses. Summary Upbit suspended all deposits and withdrawals after detecting abnormal transactions linked to its Solana hot wallet. Roughly 54 billion won worth of assets were drained, with at least 24 Solana-based tokens involved…
Key Takeaways Shares of CleanSpark climbed around 14% on Thursday. CleanSpark reported a 102% annual revenue increase, reaching $766 million for fiscal year 2025. Share this article CleanSpark stock soared nearly 14% to close Thursday at $13.45, outperforming most crypto stocks after the company reported a tremendous increase in its fiscal year 2025 revenue, reaching…
