According to timechainindex data, in addition to Satoshi Nakamoto, the current top five bitcoin holding entities now control 9.9% of the bitcoin supply in circulation: Coinbase is the largest single holder with 1,123,520.49 BTC worth over $112 billion. In second place is cryptocurrency exchange Binance, which held 686,997.40 BTC as of December 7, worth up to $68.90 billion. Next up is BlackRock, which ranks third with 520,861 BTC, worth about $52.20 billion. Ranked fourth is the publicly traded ...
According to BlackRock's official update data, the holdings of its Ethereum exchange-traded fund iShares Ethereum Trust ETF reached 610,430.2143 ETH, and the market value of the holdings exceeded $2 billion, currently touching $2,008,583,994.21.
A new survey by foreign media shows that most economists expect the Federal Reserve to continue cutting interest rates next month, but the 2025 rate cut will be smaller than they expected a month ago due to the policies proposed by President-elect Trump that could lead to higher inflation. Mr. Trump's planned policies, including higher tariffs and tax cuts, have almost halved market expectations for a rate cut by the end of 2025 to about 75 basis points, with markets pricing in less than a 60 pe...
According to Forbes, the latest research shows that major Financial Institutions Groups including the Minneapolis branch of the Federal Reserve, the European Central Bank (ECB) and the international monetary fund (IMF) are stepping up their research on bitcoin. These institutions are generally concerned about the potential impact of bitcoin on traditional monetary policy. The European Central Bank is close to 7% in bitcoin prices.
While almost 90 per cent of economists still expect the Bank of Japan to raise interest rates by the end of March, a slim majority believe it will forgo another rise this year, according to a Reuters poll. The findings underline the challenges the BoJ faces in normalising policy at a time when most of the world's central banks are leaning towards lower rates and there is uncertainty over the preferences of the new political leadership for monetary policy.
According to market data, after the "$35 million fwDETH theft" occurred earlier today, the price of the Blast chain ETH packaging token fwDETH fell by more than 95% to about $85, and has continued to recover to $700. The 24-hour decline is still 63.77%, in a serious off-anchor state. Previously, it was reported that a whale address was phished earlier today, losing 15,079 fwDETH, worth about $35 million. On-chain data analytics firm Lookonchain said the address may be related to Continue Capital...
According to BlackRock's official data, its Ethereum exchange-traded fund ETHA held 369,968.0058 ETH as of September 24, worth approximately $977,707,049.43.
According to a survey by the Financial Industry Regulatory Authority (FINRA), 55% of Gen Z in the United States prefer to invest in cryptocurrencies. Gen Z prefers on-chain rather than online finance. It believes that digital banking platforms are unwieldy and opaque. Gen Z prefers to manage their finances on-chain through decentralized financial applications and digital dollar stablecoins. It is reported that Generation Z refers to the generation of people born between 1997 and 2012 who are now...
A Reuters poll showed that most economists surveyed believe the Federal Reserve will cut interest rates by 25 basis points at each of the three remaining policy meetings in 2024, and only nine of 101 economists expect the Fed to cut rates by 50 basis points next week. Stephen Stanley, chief U.S. economist at Santander, said: "The jobs report, while weak, is not catastrophic. Neither Williams nor Waller on Friday agreed with...
According to a recently disclosed document, bitcoin miner Argo has completed the repayment of a $35 million bailout loan to Galaxy, which is said to have been completed in 2022 to avoid bankruptcy during the crypto bear market of that year. The collateral for the loan was 23,619 Bitmain S19J Pro mining machines currently running at Helios and certain equipment located in Argo's Canadian data center.
A survey conducted by Binance revealed that more than half of cryptocurrency users in Latin America are using cryptocurrencies as a long-term investment, opting to hold digital assets. The survey, which surveyed 10,000 users from Argentina, Brazil, Colombia, and Mexico, found that 50.3% of surveyed users (one in every two clients) prefer to use cryptocurrencies as an investment vehicle. 18.8% of surveyed users said they use these assets for trading on a daily basis, and the survey also found oth...
According to BlackRock's official data, its spot Ethereum exchange-traded fund iShares Ethereum Trust ETF (ETHA) had 3,030.7257 ETH holdings as of July 19, worth approximately $10,682,338.25. In addition, the net assets of the ETHA fund as of July 22 were $10,560,165, and the number of outstanding shares was 400,000.
Mr. Musalem said recent data showed the Fed was making progress in controlling inflation and hoped for more evidence that inflation was heading towards 2 per cent.
New analysis from McKinsey shows that the first large-scale tokenized transactions have moved trillions of dollars' worth of assets every month. These developments are not only reshaping existing financial services, but also creating innovative use cases that could redefine the market landscape. McKinsey executives pointed out in the report that, to date, we have encountered many difficulties...
Federal Reserve Kashkari: We need to see more evidence that inflation is cooling, possibly with a rate cut at the end of the year.