Over 30% Of Bitcoin Supply Controlled By Centralized Entities: Report

A new report by Gemini and analytics firm Glassnode has revealed a notable shift in Bitcoin (CRYPTO: BTC) ownership structure, with centralized entities now controlling over 30% of the cryptocurrency’s circulating supply. This institutional consolidation highlights Bitcoin’s evolution into a recognized financial asset, increasingly adopted by sovereign treasuries, regulated...
Read More

DeFi Adding $5B of Solana Buying Power With New Line of Credit

DeFi Development Corp. (DFDV), the Nasdaq-listed firm pursuing a solana SOL treasury strategy, is planning to get some more dry powder to boost its SOL stack. According to a Thursday press release, the company has secured a $5 billion equity line of credit with RK Capital Management. The agreement...
Read More