Binance Bitcoin Holdings Surge by 77,000 BTC as Selling Pressure Looms

Binance’s Bitcoin (BTC) reserves have climbed sharply in recent months, reaching a two-year high and raising questions about whether some of the coins could eventually add selling pressure to the market. In a detailed tweet Thursday, CryptoQuant analyst Darkfost said Binance now holds more than 693,000 BTC, accounting for roughly 30% of the Bitcoin reserves […]

RWAs reach $46B onchain market, led by US T-bills at $15B

The concentration of RWAs in a few assets highlights the sector’s early-stage maturity and reliance on institutional-grade products. The post RWAs reach $46B onchain market, led by US T-bills at $15B appeared first on Crypto Briefing.

Bitwise Pulls the Plug on Dogecoin ETF Just 10 Months After Launch

Crypto asset manager Bitwise is shutting down its spot Dogecoin exchange-traded fund roughly 10 months after the product launched, as the firm moves to optimize its product range to meet changing investor needs. The fund, BWOW, currently trading on NYSE Arca, is expected to continue trading until October 14, its final trading day. Investor Demand […]

Former OpenAI Researcher Bets on AI Stocks After $35 Billion Wipeout

Six weeks after AI bets nearly wrecked his hedge fund, Leopold Aschenbrenner is putting money into the same companies again. His hedge fund, Situational Awareness, bought call options on AMD, Bloom Energy, CoreWeave, SK Hynix and SanDisk, CNBC reported, citing sources. The trades ran from late last week into this week. The former OpenAI researcher […]

Binance Reserves Hit 693,000 BTC as Bitcoin’s Price Faces $85K Wall

Binance’s bitcoin reserves have climbed above 693,000 BTC, their highest level in two years and about 30% of reserves held across major exchanges. The buildup arrives as bitcoin struggles below heavy long-term holder supply, making the next price move unusually important. Binance Controls 30% of Bitcoin on Exchanges Bitcoin is facing a fresh test from […]