Garrett Jin, known as a crypto whale, deposited 1,599 Bitcoin (valued at $112 million) to Binance within a two-hour window. This significant transaction aligns with a trend where large-scale Bitcoin holders, often referred to as whales, increasingly move their assets to exchanges like Binance. Such moves are frequently in response to market fluctuations and regulatory changes that affect the cryptocurrency landscape.
In early February 2026, Bitcoin experienced a notable drop to around $60,000 amid broad market selloff and cross-asset deleveraging, sparking speculation about large-scale fund liquidations. Industry insiders, however, found no substantial evidence of a major […]
Russia has announced the introduction of a new bill to legalize Bitcoin and cryptocurrencies for all investors, reflecting a shift towards crypto-friendly policies. This legislative move by Russia’s State Duma is part of a broader […]
During a congressional hearing on February 4, 2026, U.S. Treasury Secretary Scott Bessent clarified that the Treasury Department and the Financial Stability Oversight Council lack the authority to mandate banks to purchase Bitcoin or to […]