Features Crypto News by Thebittimes.Com

The Kingdom of Bhutan’s Bitcoin (BTC) strategy may shift after the country moved a significant portion of its holdings to Binance. The Asian country transferred about 365 BTC, valued at approximately $33.3 million, to a Binance deposit address on November 14, coinciding with a period when Bitcoin was trading around its all-time high of over $90,000, according to data retrieved by Finbold from on-chain Analysis platform Arkham. Kingdom of Bhutan Binance deposit transaction. Source: Arkham This transfer adds to the growing number of the country’s crypto holdings being moved to Binance. For instance, toward the end of October, Bhutan shifted 929 BTC (worth $66.1 million) to the exchange. Picks for you Did Peter Schiff just turn bullish on Bitcoin? 2 hours ago ...

BlackRock (NYSE: BLK) has actively accumulated Bitcoin (BTC), especially for the exchange-traded fund (ETF) managed by its subsidiary, iShares (IBIT). Yet, investors wonder if BlackRock is selling its BTC in the face of the recent crash that suddenly shifted the cryptocurrency market‘s sentiment. According to the on-chain analyst known as Maartun , BlackRock could indeed be selling Bitcoin today, on August 7. As reported, monitored BlackRock wallets moved 632 BTC to a recently created wallet. However, the analyst explained that he is unsure whether this is a selling activity on Coinbase or an internal transaction. Transaction 05b1c01a29040d3bca0edb5ca3d8ca822b86402a7e89e61e87da4f6be21fbca3. Source: mempool.space BlackRock’s “not selling” previous behavior Previously, Maartun surprisingly pointed out that BlackRock’s wallets remained untouched despite the crash, following up with the recent Analysis .  ...