10-year Bitcoin holdings grow faster than daily issuance, marking scarcity signal after 2024 halving
On-chain data shows that Bitcoin’s (BTC) “ancient supply” is increasing faster than new BTC daily issuance, according to a June 18 research by Fidelity Digital Assets. The report treats ancient supply as... Read more »
Key takeaways: The number of Bitcoin held for over 10 years is increasing faster than new coins are mined—550 BTC/day versus 450 issued BTC/day. 17% of BTC is already considered illiquid, and... Read more »
Norwegian crypto firm K33 said Wednesday it plans to raise a minimum of 85 million Swedish krona ($8.9 million) through a share issue for its plan to purchase up to 1,000 Bitcoin... Read more »
Key Takeaways Purpose Investments has debuted Canada’s first XRP spot ETF on the Toronto Stock Exchange. The ETF trades under the ticker XRPP and provides direct exposure to XRP with multiple currency... Read more »
Iranian crypto exchange Nobitex has suffered a major security breach, resulting in the loss of over $48 million. The company confirmed the attack via an X post on June 18, revealing that... Read more »
With Senate approval of the GENIUS Act, praised by White House Crypto Czar David Sacks and Treasury Secretary Scott Bessent, stablecoins could unlock trillion-dollar markets and position the U.S. for dominant leadership... Read more »
At least four publicly-traded US firms announced on Tuesday that they would bulk up their crypto investments by a total of $844 million, adding to the number of corporations looking for a... Read more »
VanEck’s planned Solana (SOL) exchange-traded fund has been listed with the Depository Trust & Clearing Corporation (DTCC) under the ticker symbol VSOL, signaling another step in mainstreaming Solana exposure for traditional investors.... Read more »
As the conflict between Israel and Iran escalates, Bitcoin’s (BTC) price has remained stable. A look back at previous conflicts shows a similar trend, with factors like adoption and institutional involvement playing... Read more »
This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. Theminermag’s latest bitcoin mining monthly update dives... Read more »
