Category: crypto

Approximately 9.09 million Bitcoin (BTC) coins, or 46% of the circulating supply, are held at a loss in early 2025. This is the second-highest loss concentration since mid-2022. The high number of coins in loss reflects holders who entered the market during the 2024-2025 rally and are now underwater.

Despite escalating US-Iran conflict, crypto funds saw a $1.06 billion influx after a $4.0 billion outflow streak. Bitcoin led with $881.5 million inflows, while Solana remained top altcoin. Ethereum also had a strong week. Institutional investors took advantage of market weakness for strategic entry, showing resilience despite geopolitical uncertainty.

Tokenized gold tokens PAXG and XAUT are up about 1-2% to $5.4k amid Middle East conflict, while BTC, ETH, and SOL drop in 24-hour risk-off trade. PAXG trades at $5.4k with a $2.6b market cap, while XAUT trades near $5.32k with a $3.0b market cap. Gold-backed tokens are popular during geopolitical tensions.

Strategy Inc. purchased 3,015 Bitcoin for $204 million, increasing their total holdings to 720,737 BTC despite market weakness. The purchase was funded through ATM share sales. The company’s average cost basis is now $75,985 per BTC, with current holdings valued at $47-47.5 billion, resulting in an unrealized loss.

Chainlink has facilitated the bridging of Coinbase’s cbBTC to Monad, unlocking over $5B in Bitcoin-backed liquidity for DeFi applications. Developers can now access BTC-based lending and trading tools on Monad, with early adopters launching markets around the token. This partnership strengthens Chainlink’s position as a leading cross-chain infrastructure provider in the DeFi space.

JPMorgan analysts predict the Clarity Act could boost the U.S. crypto market by mid-2026, with potential for growth in the second half of the year. The bill would provide regulatory clarity, encourage institutional investment, and promote asset tokenization. However, some experts believe the market reaction could start well before the bill is passed.

The cryptocurrency market is experiencing pressure following U.S. President Trump’s confirmation of ongoing military operations against Iran. The total market cap has dropped from $3.3 trillion to $2.26 trillion, with Bitcoin trading near $66,200. The market remains bearish, with uncertainty due to geopolitical tensions keeping risk assets under pressure.

South Korea’s finance minister plans to strengthen how government agencies manage seized cryptocurrency following a National Tax Service data leak. The government will conduct a full inspection of digital assets held through legal enforcement measures and implement safeguards to prevent future breaches. Reforms aim to restore confidence in asset security.

The Aave community has achieved a governance milestone with the passing of the “Aave Will Win” proposal, which aims to allocate 100% of product revenue to the AAVE token. This move signals a shift towards a fully token-centric economic model, with community feedback shaping further refinements in the governance process.

Trump Media & Technology Group (TMTG) is considering spinning off Truth Social and related businesses into a new publicly traded company called SpinCo. This would happen after TMTG’s merger with TAE Technologies and Texas Ventures Acquisition III Corp. No definitive agreement has been reached, and discussions are ongoing.