The withdrawal highlights the challenges politically affiliated firms face in competing with established financial giants in the crypto ETF market. Trump Media withdraws SEC registration for Truth Social bitcoin ETFs.
Tether International has acquired Softbank's equity stake in Twenty One Capital, the NYSE-listed bitcoin treasury company holding approximately 43,514 BTC, giving the stablecoin issuer greater control over one of the largest publicly traded bitcoin accumulation vehicles in the world.
Trump Media withdrew its bitcoin ETF filing as analysts pointed to fee pressure, weak demand and fierce competition in the crowded spot bitcoin ETF market.
After dropping nearly $1 billion on the Bitcoin treasury firm co-founded by Tether, Japanese investment firm SoftBank has been bought out.
Binance holds 85% of its Bitcoin (CRYPTO: BTC) in quantum-exposed outputs, while Coinbase Global Inc. (NASDAQ:COIN) sits at 5%, according to Glassnode data analyzing which coins are vulnerable to future quantum computer attacks. 6.04M BTC Currently Quantum Exposed At Rest Glassnode identified 6.04 million BTC, or 30.2% of issued supply, as quantum exposed.
President Trump reveals the US is in the final stages of talks with Iran, sparking a major market relief rally as Bitcoin eyes a fast breakout past $80,000.
Coins.ph has added BTC and ETH to a strong ecosystem that already supports stablecoin-fiat settlements built on a national QR code system.
The crypto-friendly legislation was signed into law on Tuesday, granting protections to crypto users, developers, and Bitcoin miners.
Analyst CryptoQuant Maartunn detected a major on-chain transaction in which 500 BTC, which had remained completely dormant for more than 10 years, were moved to a new address for the first time. On the Spent Output Age Bands chart for 10-year-old Bitcoin, this activity appeared as an isolated green spike.
Babylon advances native Bitcoin DeFi with faster peg-ins and self-custodial borrowing tools
The crypto market showed mild strength on Wednesday as investors reacted to regulatory optimism, ETF activity, and mixed altcoin performance. The total crypto market capitalization climbed 0.68% over the last 24 hours to reach $2.57 trillion.
Bitcoin investors are closely watching whether the market established its bottom in early February, when BTC briefly dropped near $60,000 before recovering above $77,000. While no indicator can confirm a definitive market bottom, several key onchain and derivatives metrics suggest the worst phase of the correction may already be over.