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Large Bitcoin holders are now controlling the smallest share of the cryptocurrency’s supply since late May, when it first reclaimed $100,000 after more than three months, according to crypto sentiment platform Santiment.Santiment posted to X on Thursday that “whale and shark wallets” holding between 10 and 10,000 Bitcoin (BTC) have fallen to a nine-month low, collectively accounting for about 68.04% of the entire Bitcoin supply.“This includes a dump of -81,068 BTC in just the past 8 days alone,” Santiment said, as Bitcoin fell from around $90,000 to $65,000 over the same period, a roughly 27% decline, according to CoinMarketCap. Bitcoin…
Russia’s Moscow Exchange (MOEX) is moving to broaden which digital assets it tracks and trades. Reports say the exchange plans to roll out new indices and futures tied to XRP, Solana, and Tron this year. That will give traders ways to follow price moves without owning the coins directly. New Crypto Indices Planned According to local coverage, Maria Silkina, who runs the derivative products group at the exchange, outlined the expansion on a recent radio broadcast. MOEX already lists benchmarks for Bitcoin and Ethereum. Now the exchange is preparing indices that mirror three more of the bigger, actively traded tokens,…
The Royal Government of Bhutan has begun moving bitcoin BTC$70 687,46 after months of wallet inactivity, shifting funds to trading firms, exchanges and fresh addresses as bitcoin slid below $71,000 and broader markets convulsed.Onchain data tracked by Arkham shows Bhutan-linked wallets transferring more than 184 BTC, worth roughly $14 million, over the past 24 hours.Some of the bitcoin was sent to new addresses, while other transfers flowed to known counterparties including QCP Capital and a Binance hot wallet, according to Arkham. These destinations typically associated with trading, liquidity management or potential sales. CoinDesk reached out to QCP Capital via Telegram for…
The disappearance of 84-year-old Nancy Guthrie, mother of Today show co-host Savannah Guthrie, has taken a dramatic turn after what appears to be a bitcoin ransom demand surfaced amid a widespread and intensifying investigation into her possible kidnapping. Late Tuesday, entertainment news site TMZ reported it had received an alleged ransom note demanding a specific, substantial payment in Bitcoin — reportedly in the millions — in exchange for Guthrie’s safe return. The note included a deadline for payment and a threat of harm if the demand was not met, and was sent with a Bitcoin wallet address that TMZ verified…
Two leading prediction market platforms, Polymarket and Kalshi, have both turned to giving away groceries amid a fight for dominance in the fast-growing prediction markets space. Kalshi offered a $50 grocery giveaway to over 1,000 people in Manhattan on Tuesday, while competitor Polymarket announced plans to open a free grocery store starting next week.Thousands have already picked up their free Kalshi groceries!We are being told we’ve already inspired other companies to keep up the initiative!2 more hours to get yoursWestside Market | 84 3rd Ave. NYC pic.twitter.com/8R11OGODLu— Kalshi (@Kalshi) February 3, 2026 Kalshi and Polymarket have led the pack in…
Crypto.com has spun out its prediction markets business, first launched in 2024, into a standalone platform called OG, competing with the likes of Polymarket and Kalshi. OG is powered by Crypto.com Derivatives North America (CDNA), a Commodity Futures Trading Commission-registered exchange and clearinghouse and affiliate of Crypto.com. OG said on Tuesday that it is only available in the United States for now.Entering a ‘deca-billion dollar’ industryKris Marszalek, co-founder and CEO of Crypto.com, highlighted the firm’s growth in the prediction market space as the reason for launching a dedicated platform. Crypto.com first announced the launch of a “sports event trading” product for US users…
Aave Labs says it is sunsetting its “umbrella brand” Avara in the company’s latest move to refocus on decentralized finance and simplify its branding.Aave founder and CEO Stani Kulechov posted to X on Tuesday that Avara, a company encompassing projects including the Family crypto wallet and previously the social media platform Lens, “is no longer required as we go all in on bringing Aave to the masses.”Kulechov said the Apple iOS-based Family crypto wallet was also being wound down as the team has “learned that onboarding millions of users requires purpose-built experiences, such as savings, rather than generic, open-ended wallet…
ARK Invest CEO Cathie Wood said she would “make a shift from gold into Bitcoin” after gold’s run left the metal looking extended on a key liquidity-adjusted measure, arguing that bitcoin’s supply dynamics and long-term adoption case still favor the crypto asset despite a sluggish year. Speaking on a Feb. 2 episode of The Rundown interview, Wood framed the call as part of a broader “great acceleration” thesis laid out in ARK’s latest “Big Ideas” report, which expects AI-driven capital expenditure to surge and spill into robotics, energy storage, blockchain, and life sciences through what she described as converging S-curves.…
US spot Bitcoin ETF buyers are essentially the very investors expected to provide a stable, long-term bid for the pioneer crypto. However, data shows that these players are now sitting on mounting unrealized losses, with little sign of fresh demand stepping in to reverse the trend.Against this backdrop, Bitcoin’s slow grind lower is exposing a fault line at the heart of its post-ETF era.Sponsored SponsoredETF Investors Underwater as Bitcoin Slips Below the $84,000 Cost BasisAccording to on-chain data from Glassnode, the average entry price for US spot Bitcoin ETF investors stands at roughly $84,100 per BTC.Bitcoin Average Cost Basis of…
The U.S. government has taken full legal ownership of more than $400 million in seized cryptocurrency, cash, and real estate tied to Helix, once one of the most widely used bitcoin mixing services on the darknet. A federal judge in Washington, D.C., entered a final order of forfeiture on Jan. 21, transferring the assets to the government following the conviction of Helix operator Larry Dean Harmon. The forfeiture includes thousands of bitcoin, hundreds of thousands of dollars in cash, and an Ohio mansion purchased during the peak of Helix’s operation. Helix functioned as a cryptocurrency mixer, pooling and rerouting bitcoin…
