BlackRock has deposited another 2,563 BTC, valued at $173 million, along with 49,852 ETH, worth $97 million, into Coinbase Prime. This move is part of BlackRock’s operational routine as the firm utilizes Coinbase Prime as its primary custodian for assets backing its spot Bitcoin and Ethereum ETFs. The deposits support ongoing ETF share creations, reflecting sustained institutional demand in the cryptocurrency market.
Strategy has acquired more Bitcoin, as reported by Michael Saylor, who shared an updated tracker chart on social media, titled “The Orange Century.” This acquisition underscores Strategy’s ongoing commitment to Bitcoin as its primary treasury […]
Bitcoin held on Binance has reached its highest level since November 2024, according to on-chain data from CryptoQuant, signaling an increase in sell-side liquidity in the market. Analysts interpret the growing Bitcoin balances on major […]
GD Culture, a publicly traded company focused on artificial intelligence and livestreaming, plans to sell part of its 7,500 Bitcoin holdings to fund a $100 million share buyback program. This decision follows board approval to […]