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Owen Gunden, an early Bitcoin whale, has sold his entire 11,000 BTC portfolio worth $1.3 billion after holding since 2011, marking the end of a 14-year investment through multiple market cycles. Owen Gunden’s wallet, dormant for years, initiated sales in late October 2025 with gradual transfers to Kraken. The process involved multiple tranches to minimize […]
A Bitcoin whale, identified as early trader Owen Gunden, has sold his entire 11,000 BTC stash accumulated since 2011, cashing out $1.3 billion amid recent market volatility. On-chain data from Arkham Intelligence shows transfers to Kraken, marking the end of a 14-year hold. Early Acquisition: Owen Gunden first purchased Bitcoin in 2011 through arbitrage trading, […]
Solana ETF inflows have reached $476 million cumulatively as of November 20, 2025, driven by strong institutional demand following the launch of 21Shares’ TSOL. This surge reflects growing confidence in Solana’s ecosystem, with daily inflows hitting a record $55 million and open interest climbing to $3.2 billion. Solana spot ETFs in the U.S. have seen […]
MicroStrategy faces potential ejection from major equity indices following an MSCI ruling on January 15, potentially triggering $2.8 billion in passive outflows and risking another $8.8 billion if other providers follow. This stems from its heavy Bitcoin treasury holdings, raising concerns over its classification as a traditional company. JPMorgan analysts predict significant capital flight from […]
Americans could soon pay federal taxes in Bitcoin under the Bitcoin for America Act, introduced by Representative Warren Davidson. This bill would direct such payments into the US strategic Bitcoin reserve without triggering capital gains taxes for taxpayers, helping build national holdings efficiently. Tax-Free Bitcoin Payments: Transferring BTC for taxes avoids capital gains and is […]
The USDKG stablecoin, launched by Kyrgyzstan’s government, is a gold-backed digital asset pegged to the U.S. dollar, minted on the Tron blockchain. This state-issued token aims to boost the country’s global financial integration by attracting investments and fostering blockchain innovations. Officials initiated the release of 50 million tokens during a ceremonial event in Bishkek. Kyrgyzstan’s […]
The Tornado Cash co-founder Roman Storm faces uncertainty after a conviction on one felony charge for operating an unlicensed money transmitting service, with advocacy groups urging President Donald Trump to intervene and dismiss remaining charges to protect developers and affirm that code is speech. Over 65 crypto organizations, including the Blockchain Association and DeFi Education […]
Roblox struggles with advertising revenue despite its massive 150 million daily users, as developers report low payout rates and advertisers cite concerns over targeting young audiences under strict regulations. Low developer payouts: Ad rates range from fractions of a cent to 55 cents per thousand views, deterring creators from integrating ads into games. Young user […]
Metaplanet, Japan’s leading corporate Bitcoin holder, has introduced “Mars” and “Mercury” preferred shares to fund Bitcoin acquisitions without diluting common stock. Mars offers a flexible dividend to reduce market volatility, while Mercury provides a fixed 4.9% annual dividend with conversion options, raising $135 million initially. Mars preferred shares prioritize stability with fluctuating dividends tied to […]