Satoshi Holds 1.1 Million Bitcoin, but Exchanges and Institutions Now Dominate Supply

According to data from Arkham Intelligence compiled by WuBlockchain, Satoshi Nakamoto‘s addresses still contain roughly 1.096 million Bitcoin—worth around $71 billion at current prices—making the pseudonymous creator the single largest $BTC-holding entity. The original pool of mined coins, untouched since Bitcoin’s early days, remains a silent foundation beneath a market that has since been reshaped by exchanges, funds, and government seizures.  The numbers paint a clear picture of where the actual supply now sits. Coinbase controls approximately 981,000 $BTC. Michael Saylor‘s Strategy (the firm previously known as MicroStrategy) holds 844,000 $BTC, an accumulation driven by its corporate treasury strategy. BlackRock’s various funds—primarily through its spot Bitcoin ETF—have amassed around 732,000 $BTC. Binance, the worlds largest exchange by trading volume, holds about 675,000 $BTC. Then there is the U.S. government, sitting on 325,000 Bitcoin obtained largely through asset forfeitures tied to criminal investigations.  Exchanges and ETFs Become the New Base of Supply  The breakdown reveals a fundamental change in Bitcoin ownership. Over a decade ago, the majority of coins were controlled by individuals and early miners. Today, a handful of centralized venues and institutional vehicles dominate the addresses with the largest balances. Coinbase and Binance alone hold more than 1.65 million $BTC between them—an

07-17

Base trading and AI pivot raises questions – ‘Shows weakness as Robinhood Chain takes off’

Base, a Coinbase-incubated Ethereum layer 2 (L2), has announced that it will ditch its initial social push.  According to the founder, Jesse Pollak, the social vision was a ‘wrong’ bet, adding that they will focus on other trending segments like trading, payments, and AI agents.  In my opinion, we made the right bet on builders, but obviously the wrong bet on social.  Source: X  Pollak noted that he was betting on builders and on-chain social experiences in the past two years. The latter failed to materialize as expected, including creator coins.  In fact, Coinbase CEO Brian Armstrong recently acknowledged the same, following strong criticism on the L2s priority.  Agree with the first part and your point on content coins. They didnt work, and we pivoted early this year. We messed up, time to turn the page.  As part of the pivot, Pollak said he will remain the leader of Base, but the Base app will be steered by crypto investor Jordan Fish, popularly known as Cobie on X.  Were going to build Base into the blockchain for global finance. In 2026, this concretely means three things: winning trading, payments, and agents.  Will Robinhood Chain flip Base?  Interestingly, the pivot followed an aggressive push by Robinhood Chain, another Ethereum L2, that

07-17

Citadel Securities $400M Crypto.com investment sets $20B valuation

Citadel Securities has made a $400 million strategic investment in Crypto.comat a $20 billion valuation — a deal that marks the exchanges first institutional funding round in more than a decade and signals something deeper than a routine growth-stage financing. This is a bet on what crypto infrastructure could become, not just what it already is.  Key takeawaysCitadel Securities invested $400 million in Crypto.com at a $20 billion valuation, the platforms first institutional round in over a decade.Funds will accelerate Crypto.coms expansion into tokenized securities and derivatives, with tokenized stocks targeting U.S. equities and ETFs set to launch in mid-2026.Citadel Securities is moving beyond liquidity provision into strategic platform ownership, having also led a roughly $200 million investment in Kraken at a similar valuation last November.Crypto.coms previous external funding was modest — a $13 million seed round and a $26.7 million ICO — making the scale of this round a significant departure.The deal reflects a broader institutionalization of digital asset markets, with tokenization and regulated derivatives at the center of that shift.  Citadel Securities Invests $400 Million at a $20 Billion Valuation  The headline numbers are striking on their own. A $400 million check at a $20 billion valuationplaces Crypto.com among a very

07-17

BlackRock Moves $147.5M in Bitcoin and Ethereum Off Coinbase Prime

BlackRock, the worlds largest asset manager with over $10 trillion in assets under management, has moved a significant amount of cryptocurrency off the Coinbase Prime exchange platform. According to data from blockchain analytics firm Onchain Lens, the firm withdrew 1,246 Bitcoin (BTC), valued at approximately $80.6 million, and 3,542 Ethereum ($ETH), worth roughly $66.9 million, from the exchange.  Understanding the Withdrawal  In the cryptocurrency market, large-scale withdrawals from exchanges are generally interpreted as a signal that the holder intends to store the assets in self-custody or a cold wallet for the long term, rather than keeping them available for trading. This move reduces the available supply on exchanges, which can have a bullish implication for price, though it primarily indicates a strategic decision to hold rather than sell.  BlackRock‘s actions are particularly noteworthy given its role as a leading issuer of spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the United States. The firm’s iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA) have seen substantial inflows since their launch, accumulating billions of dollars in assets. The transfer of these assets off Coinbase Prime, a platform often used for ETF custody and trading, could be part of a broader portfolio management or custodian

07-17

Bitcoin Q-Day Recovery Proposal Aims to Let Users Prove Ownership After Quantum Attack

In briefProject Eleven introduced a post-quantum proof designed to verify Bitcoin wallet ownership after Q-Day.The implementation was developed with Binius maintainer Jim Posen and builds on earlier academic research.The prototype is unaudited and would require blockchain protocol support before it could be used.  As concerns over Bitcoins quantum security continue to grow, security firm Project Eleven on Thursday unveiled a cryptographic technique designed to address a major concern by allowing users to prove ownership of a wallet after quantum computers become capable of deriving private keys and generating valid digital signatures.  In a thread on X on Wednesday, Project Eleven CEO Alex Pruden said the central challenge isnt protecting wallets from quantum attacks—its proving who owns them once those attacks become possible.  “How do you prove you still own a wallet after a quantum computer can forge its signatures?” Pruden wrote. “After Q-Day, once a quantum computer can derive an ECC private key from its public key, a valid signature no longer proves ownership. Both the quantum adversary and the legitimate owner are able to produce identical signatures.”  “Q-Day” refers to the moment when a quantum computer can break the elliptic curve cryptography that secures Bitcoin transactions. The concern in the industry is that

07-17

What are tokenized money market funds?

BlackRocks BUIDL looks like a stablecoin, pays interest like a bond fund, and is legally neither. Tokenized money market funds are the fastest-growing real-world asset in crypto, and almost nobody who talks about them can explain what you actually own.  For a decade, crypto‘s answer to the question of where to park idle dollars was a stablecoin, and stablecoins had one glaring flaw as a savings instrument: they paid you nothing while the issuer collected the interest on the reserves. Tokenized money market funds are the industry’s response, and they have quietly become the most successful real-world asset category in existence. BlackRock, JPMorgan, Franklin Templeton, and Circle all now run one. The category went from essentially nothing to over $15 billion in about two years. And yet the basic question of what a holder actually owns, and what rights come with the token in the wallet, is answered wrong constantly, including by people trading them. This guide covers the structure, the mechanics, the major products, and the concentration problem sitting underneath the growth story.  What a tokenized money market fund is  A money market fund is one of the oldest and dullest products in finance. It pools money, invests it in very short-term,

07-17

Cloudflare x402 Integration Opens Door for Bitcoin in AI Agent Micropayments

Cloudflare recently announced the launch of its monetization program via the Coinbase-led x402 machine payments standard. x402, which lets AI agents pay for data online with crypto, has been gaining steam among the AI-pilled, as it unlocks more capable agent interactions with the open web.  Cloudflare, founded in 2009, has grown from a DDoS mitigation and content delivery network (CDN) provider into one of the internets foundational infrastructure companies.  The company, which launched publicly in 2010, had the mission to make web performance and security accessible to everyone, not just large enterprises. Today, Cloudflare powers approximately 20-23% of all websites globally, handles tens of millions of HTTP requests per second across 330+ cities in over 100 countries, touching a significant portion of global internet traffic.  As a result of their adoption and security offering to large portions of the open web, CloudFlare‘s integration of x402 is a major development for the structure of the internet. Websites that are increasingly inaccessible to the massive data demands from AI can now sell that data to AI agents for crypto. CloudFlare’s implementation only mentions Stablecoins such as USDC, the Open USD standard, but the protocol supports Bitcoin on-chain and is actively exploring integration of the Lightning

07-17

Visa backs Open USD with new stablecoin platform as Circle faces fresh competition

Visa introduced a new platform aimed at making it easier for banks, fintech companies and crypto firms to build products using stablecoins, expanding its push into blockchain-based payments as competition in the sector intensifies.  The company announced on Thursday that it was launching the Visa Stablecoin Platform (VSP), an enterprise service that allows institutions to issue, store, transfer and redeem stablecoins through a single Visa-managed system. The platform launched with support for Open USD (OpenUSD), a recently introduced stablecoin from Open Standard, and includes tools for minting and redeeming the token along with wallet infrastructure for managing onchain assets.  Stablecoins are cryptocurrencies designed to maintain a fixed value, typically by being pegged to the U.S. dollar. Unlike bitcoin BTC$64,506.47 or ether (ETH), they are widely used for payments, cross-border transfers and settlement because they combine blockchains speed with a relatively stable price.  Visa said the platform provides Wallet-as-a-Service infrastructure, blockchain connectivity and security features such as dual-approval workflows, audit logs and transfer allow lists. The platform is also integrated with Visas existing payment network, allowing financial institutions to incorporate stablecoins into treasury management, settlement and payment products without replacing their existing systems.  “Stablecoins are opening up a new layer of programmable money, but for

07-17

How High Will XRP Price Go After CLARITY Act Hearing Tomorrow?

$XRP is sitting near $1.11 today, and traders are watching two things closely: what the price charts are showing, and what happens at a big Washington hearing tomorrow. $XRP is still stuck in a long-term downtrend on the bigger picture weekly chart. That bigger trend hasnt reversed yet.  But on the daily chart, things look a little different. $XRP is showing a confirmed bullish divergence on the daily chart, analysts note. In simple terms, that means the price made a low, but the momentum behind that low was actually stronger than the previous one. Thats usually seen as an early warning sign that selling pressure is fading.  Because of that signal, expect $XRP to either move sideways for a while or see a small bounce higher. A sideways, choppy move is seen as the more likely outcome for now, since $XRP still lacks strong buying momentum. The good news is that the bullish divergence makes a sharp drop lower less likely in the near term.  Levels to watch  Technically, $1.10 is the critical level right now. If $XRP holds above $1.10, it could grind higher toward resistance at $1.13 to $1.15, if there is a development around CLARITY Act.  If $XRP breaks below $1.10 instead,

07-17

Robinhood built an RWA chain. Memecoins took it.

Robinhood spent months positioning its blockchain as regulated infrastructure for tokenized stocks. Two weeks after launch, tokenized assets account for about 4% of it, a cat token was worth twelve times the entire real-world asset base, and the CEO was posting that it works great for memes too.  LATEST: Robinhood Chain reaches $294 million in stablecoin market cap and $140 million TVL in under two weeks  The network has also recorded more than $3 billion in seven-day DEX volume, drawing comparisons to Ethereums launch pic.twitter.com/KTywnPVEjY  — crypto.news (@cryptodotnews) July 14, 2026  On July 1, at a London keynote billed as The World Is Flat, one of America‘s largest retail brokerages turned on its own blockchain. Robinhood Chain went live as an Ethereum layer 2 built on Arbitrum’s Orbit stack, carrying 95 tokenized equities priced by Chainlink oracles, a Uniswap deployment for liquidity, Morpho-powered lending, and access wired into a wallet used across more than 120 countries. The pitch was specific and repeated for months: a regulated venue where tokenized real-world assets plug into decentralized finance. For readers new to the launch, crypto.news has also explained the full architecture and Stock Token rules. Two weeks later the chain is a genuine success by every headline

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