Bhutan Plans Potential $15 Million Bitcoin Liquidation as Holdings Approach $1.3 Billion
The Royal Government of Bhutan transfers a substantial amount of Bitcoin to Binance, raising questions among investors about future sell pressure.

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The Royal Government of Bhutan transfers a substantial amount of Bitcoin to Binance, raising questions among investors about future sell pressure.
JPMorgan's analysts have started coverage on Circle, the stablecoin issuer, assigning it an underweight rating and setting a target price of $80 as the market cap appears inflated post-IPO.
Notable financial adviser Ric Edelman suggests investors should allocate a significant portion of their wealth to cryptocurrencies, highlighting a shift in the market's perception.
BitMine Immersion Technologies announced a significant capital raise to establish an ether treasury, appointing Thomas Lee as its Chairman amidst increased investor interest.
Eightcap introduces a new CFD based on the CoinDesk 20 Index, offering retail traders access to crypto derivatives.
Analyst Mark Palmer of Benchmark predicts significant growth for Metaplanet following a recent buy rating and a price target set at ¥2,400.

The BTC-gold ratio saw a significant rise last week, suggesting bullish trends for Bitcoin.
Backed Finance has introduced its tokenized stock offerings, enabling trading on major exchanges and DeFi protocols such as Solana.
The Bank of Korea has halted its central bank digital currency project, coinciding with the government's new proposal allowing companies to issue stablecoins.
Long-term holders are reportedly selling Bitcoin while the market remains above $100,000.
Malta is becoming a popular hub for crypto exchanges, yet concerns arise over the speed and stringency of its regulatory framework following the MiCA implementation.
Europe's pioneering bitcoin treasury firm reveals significant BTC growth and new shares fetching substantial subscriptions.

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