Author: CryptoGlobeToday.com
Riot Platforms has sent another 500 BTC to an NYDIG deposit address, according to on-chain data cited by Lookonchain. The transfer was worth about $39 million at the time of reporting. Summary Riot Platforms transferred 500 BTC worth about $39 million to an NYDIG deposit address. The miner sold 3,778 BTC in Q1 2026, generating $289.5 million in proceeds. Post-halving pressure and rising mining difficulty have pushed more public miners to sell Bitcoin. The latest move adds to a series of Bitcoin transfers from Riot over the past two weeks. The miner has reportedly sent regular batches of 60 BTC…
TLDR: Bitcoin long-term holder supply in profit has declined to 66.5%, nearing lower historical ranges Newly matured BTC holdings are entering long-term status at a loss due to past higher prices Six-month holding period creates a lag effect in Bitcoin long-term holder supply metrics Current data shows pressure on long-term holders, though conditions are not worsening further Bitcoin long-term holder supply is showing signs of stress despite the recent price recovery. Data indicates a shift in profitability dynamics, as coins aging into long-term status are entering at a loss, shaping current on-chain metrics. Long-term holder supply faces pressure Recent market…
TLDR Thailand SEC has proposed new rules to allow digital asset firms to apply for derivatives licenses within existing entities. The proposal removes the requirement for crypto firms to establish separate companies for derivatives operations. The regulator aims to expand access to crypto futures while strengthening oversight and compliance standards. The consultation period will remain open until May 20 for industry feedback. Blockchain.com launched perpetual futures trading with up to 40% leverage using Bitcoin as collateral. Thailand’s securities regulator has opened consultation on new licensing rules for digital asset firms. The proposal allows firms to seek derivatives licenses within existing…
Key Takeaways: GSR launched the BESO ETF with BTC, ETH, and SOL, adding staking and 1% fee for diversification. Core3 offers weekly active allocation, signaling a shift to multi-asset crypto products. GSR targets rising institutional demand, with possible expansion for yield-focused ETFs. New ETF by GSR Offers Bitcoin, Ether, Solana Exposure in One Fund GSR has introduced a new exchange-traded fund (ETF) designed to give investors diversified exposure to digital assets, marking a step forward in the evolution of crypto investment products in the United States. The GSR Crypto Core3 ETF, trading under the ticker BESO, combines bitcoin, ethereum, and…
The U.S. government is running a Bitcoin node as part of a cybersecurity test, according to Admiral Samuel Paparo, the commander of U.S. forces in the Pacific. Summary Admiral Samuel Paparo said the U.S. runs a Bitcoin node for cybersecurity tests, not mining. The military views Bitcoin as a cryptography and blockchain tool to help secure networks today. Paparo said the government remains in an experimentation phase as it studies Bitcoin’s defense applications. He told lawmakers that the work is still in an experimental stage and is focused on network protection, not on producing Bitcoin. Paparo said the government is…
TLDR New York Attorney General Letitia James has sued Coinbase and Gemini over alleged illegal gambling on their prediction market platforms. The state seeks at least $2.2 billion from Coinbase and $1.2 billion from Gemini in penalties and forfeited profits. James claims the platforms allowed users aged 18 to 21 to place sports-related bets, which violates New York law. Coinbase argues that prediction markets fall under federal oversight by the Commodity Futures Trading Commission. The legal dispute adds to ongoing court battles between the CFTC and several U.S. states over event-based trading platforms. New York Attorney General Letitia James has…
As Dogecoin (DOGE) consolidates below a key area, some analysts suggest that the market’s recent bullish momentum and whale accumulation could push the memecoin’s price above a crucial resistan level soon. Related Reading Dogecoin Big Price Move Faces Strong Resistance On Tuesday, Dogecoin continued to move sideways between the $0.093-$0.096 price range after failing to break above a crucial resistance level. Amid last week’s market pump, the leading memecoin broke out of the $0.096 barrier for the first time in two weeks, briefly touching the $0.10-$0.102 resistance on Friday. Market analyst Ali Martinez suggested that DOGE is preparing for a…
TLDR: April 2026 recorded $606M in losses across 12 exploits, surpassing total Q1 losses by 3.7x. Social engineering led the largest breach, with Drift Protocol losing $285M in a 12-minute attack. Kelp DAO hack drained $293M via a bridge flaw, marking 2026’s largest DeFi exploit so far. Cross-chain risks surged as Aave absorbed $177M in bad debt tied to compromised rsETH collateral. Crypto exploits totaling $606 million hit the market across 12 incidents in just 20 days during April 2026. This makes it the worst month since the $1.4 billion Bybit breach in February 2025. The attacks spanned social engineering,…
The government of Uzbekistan is creating a “crypto mining valley” in one of its regions bordering Central Asia’s mining powerhouse, Kazakhstan. Miners will be granted almost a decade-long tax exemption as part of the nation’s push to catch up with neighbors that are already ahead in developing the industry. Bitcoin miners to enjoy benefits in Uzbekistan’s new crypto valley Uzbekistani authorities are establishing a special economic zone called the Besqala Mining Valley in the autonomous Republic of Karakalpakstan. The region is situated in the northwestern part of the country and borders Kazakhstan, which accounted for roughly 13% of the global…
Bitcoin traded near $75,000 after recovering about 24% from its February low near $60,000. Summary Bitcoin traded near $75K as whales increased exchange inflows and analysts warned of rally resistance. Long-term holders added 354,000 BTC, while short-term traders moved 60,000 BTC to exchanges recently. Binance reserves fell as spot Bitcoin ETFs added 25,600 BTC and tightened market supply. Even so, recent on-chain data showed that larger holders kept sending coins to exchanges while long-term investors added to their positions. CryptoQuant contributor Maartun said the move does not yet confirm a full trend reversal. In an April 20 video, he said…
