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Mysterious Wallet Jumps to 3rd Largest BTC Holder in 3 Months: BlackRock or Gemini Involved?

In the past 90 days, a wallet has amassed more than 118,000 BTC, becoming the third largest holder of Bitcoin. Speculations about the true owner of the mysterious wallet have…

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Over 83.3% Short-Term Bitcoin Holder Supply Plunges to Unrealized Loss: Glassnode

The violent sell-off last week spurred by the deleveraging event has taken a serious toll on short-term Bitcoin holders making for the largest single-day down move YTD. This subsequently pushed…

Continue ReadingOver 83.3% Short-Term Bitcoin Holder Supply Plunges to Unrealized Loss: Glassnode

Chinese Official Sentenced to Life Imprisonment for Bitcoin Mining Operation and Corruption Charges

A former Chinese government official, Xiao Yi, has been sentenced to life in prison for helping subsidize a secret, large-scale Bitcoin mining operation within the country’s borders, alongside unrelated acts…

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