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Just 216 Bitcoin holders own over 6 million BTC as market concentration grows

Just 216 Bitcoin holders own over 6 million BTC as market concentration grows

A growing share of Bitcoin’s circulating supply is now concentrated in the hands of major institutional players and centralized entities, a new report by Gemini and Glassnode reveals. According to the findings, over 30% of Bitcoin’s supply is now controlled by just 216 centralized holders across six key categories, including crypto exchanges, ETFs and funds, […]

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Robert Kiyosaki Is Buying Bitcoin Today as He Writes a New Book

Robert Kiyosaki Is Buying Bitcoin Today as He Writes a New Book

Robert Kiyosaki just supercharged bullish sentiment by buying more bitcoin today, signaling urgency as economic chaos deepens and hard assets become the ultimate safe haven. Robert Kiyosaki Buys More Bitcoin Today as US Economy Wobbles and Central Banks Lose Control Robert Kiyosaki, author of the best-selling personal finance book Rich Dad Poor Dad, has once

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Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys

Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys

Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement is still in its early stages. Hougan made the statement during a June 10 interview on CNBC, where he highlighted that 79 listed firms now hold roughly $57 billion worth of Bitcoin as of

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XRP Ledger Powers Institutional Onramp—Mint Treasuries 24/7 With Ripple USD

XRP Ledger Powers Institutional Onramp—Mint Treasuries 24/7 With Ripple USD

Tokenized finance just hit overdrive as the XRP Ledger goes live with institutional-grade U.S. Treasuries, unlocking 24/7 real-world asset access via blockchain. XRP Ledger Lights up With Real-World Assets—OUSG Treasuries Go Live Ripple announced on June 11 that Ondo Finance’s tokenized short-term U.S. Treasuries product, OUSG, is now live on the XRP Ledger (XRPL), marking

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GameStop’s plan to raise another .75B fuels speculation of further Bitcoin acquisitions

GameStop’s plan to raise another $1.75B fuels speculation of further Bitcoin acquisitions

GameStop Corp. plans to raise $1.75 billion through a private offering of convertible senior notes due 2032, as the company explores digital asset investments, including potential Bitcoin acquisitions, under its updated investment strategy, according to a June 11 press release. The zero-coupon notes will be offered to qualified institutional buyers under Rule 144A of the

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Strategy Begins Nasdaq Trading of New Stock With 0M Bitcoin-Fueled Momentum

Strategy Begins Nasdaq Trading of New Stock With $980M Bitcoin-Fueled Momentum

A powerful new bitcoin-backed equity has stormed onto Nasdaq, fueling Strategy’s explosive crypto accumulation plans and intensifying investor demand for high-yield digital asset exposure. STRD Now Trading on Nasdaq as Strategy Expands Its Bitcoin-Backed Empire Software intelligence company Microstrategy (Nasdaq: MSTR), now operating under the brand Strategy, has introduced its third tranche of bitcoin-collateralized preferred

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Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act

Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act

Bank of America CEO Brian Moynihan confirmed the lender plans to issue a dollar-pegged stablecoin and is working on an internal build conducted alongside other industry participants, Reuters reported on June 11. However, Moynihan added that any progress in a potential launch would be contingent on forthcoming federal rules. He also told investors the bank

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Bitcoin dips as Trump finalizes tariff deals with China

Bitcoin dips as Trump finalizes tariff deals with China

Bitcoin (BTC) and the wider market experienced a minor pullback after President Donald Trump announced the finalization of a new tariff arrangement with China, pending a formal sign-off by him and President Xi Jinping. Trump announced on Truth Social that the accord grants the US “55% tariffs” on Chinese goods, versus 10% levied on US

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Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage

Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage

The Senate voted 68-30 on June 11 to invoke cloture on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, ending the filibuster option and moving the bill toward a final floor vote that will require a simple majority. Majority Leader John Thune, who controls the chamber’s schedule, started the 30-hour post-cloture clock

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Interactive Strength to launch AI-driven crypto treasury with 0 million Fetch.ai token acquisition

Interactive Strength to launch AI-driven crypto treasury with $500 million Fetch.ai token acquisition

Interactive Strength (TRNR), a Nasdaq-listed fitness technology firm, is entering the digital asset space by launching what it describes as the first artificial intelligence-driven crypto treasury. The company plans to acquire $500 million worth of Fetch.ai’s FET tokens, according to a June 11 announcement. TRNR has started building its token position, backed by an initial

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