This continued commitment to transparency underscores OKX's position as one of the most reliable centralized platforms in the industry. We're proud to release our 32nd consecutive #ProofOfReserves report! 📢 ✅ Primary assets: $28.4 Billion ✅ 100% + reserves for 22 assets ✅ Independently audited by @hackenclub Don't trust, verify: https://t.co/dTwSpy5YN3 ...
Global law firm Reed Smith LLP has announced its role as legal counsel to ProCap BTC, a bitcoin-native financial services company, in a landmark $1 billion business combination with Columbus Circle Capital Corp. I (NASDAQ: CCCM), a special purpose acquisition company (SPAC). The merged entity will operate under the name ...
Ripple Labs, the blockchain company behind the XRP token, recently made a symbolic donation of the so-called "Skull of Satoshi" to a crypto museum, sparking conversations about the shared roots and differences between Bitcoin (BTC) and XRP. This gesture aims to bridge the narratives of the two leading cryptocurrencies and ...
As Bitcoin adoption continues to grow, new data from Santiment reveals an increasing concentration of ownership in large wallets while the share held by retail investors steadily declines. As of May 13, wallets holding 10 BTC or more, roughly equivalent to $1 million, now control 82% of the total mined ...
Ethereum recently posted a remarkable 20% gain, reaching its most undervalued level relative to Bitcoin since 2019. This price surge was driven by a substantial rise in trading activity, particularly in the derivatives market, where volume soared by 184%, according to data from Coinglass. Simultaneously, open interest in Ethereum futures ...
Bybit has launched a new BTC staking campaign through its Web3 platform, offering users fresh incentives to explore decentralized finance (DeFi) rewards. The initiative, which runs from April 11 to May 9, is powered by a partnership with Lombard Finance—the team behind LBTC, the leading liquid staked BTC token. Through ...
Japan’s Metaplanet has reinforced its Bitcoin holdings with the recent acquisition of 160 BTC, bringing its total reserves to 4,206 BTC. In an April 2 announcement, the company revealed that this latest purchase was made at an average price of 12.49 million yen (approximately 80,063 per BTC), amounting to a ...
Metaplanet Inc. acquired 696 Bitcoin in Q1 2025 through its Bitcoin Income Generation program, which focuses on selling cash-secured Bitcoin put options. A regulatory filing on April 1 revealed that the program generated approximately $5.15 million (770.35 million yen) in operating revenue. The company used 9.386 billion yen in cash ...
Crypto asset prices have experienced a steady rebound since March 11, with Bitcoin (BTC) briefly surpassing $87,000 and Ethereum (ETH) rising above $2,000. However, according to the latest report from Bybit in collaboration with Block Scholes, many major cryptocurrencies, including BTC, ETH, and Solana (SOL), are still trading below their ...
Robert Mitchnick, BlackRock's head of digital assets, suggested in a Yahoo Finance interview on March 19 that a U.S. recession could boost Bitcoin adoption. He highlighted that Bitcoin's decentralized and inflation-resistant properties may increase demand during economic downturns, especially in environments of significant fiscal stimulus and low interest rates. "A ...
