XRP Supply Shrinks on Binance
According to on-chain analytics provider CryptoQuant, the Binance XRP Scarcity Index has spiked to approximately 0.77 over the last three days. This is the highest level of scarcity observed on the platform since mid-2024.Change in supply balanceCryptoQuant has noted that the sudden data…
Bitmine Eyes Final 0.2% of Ethereum Supply to Complete 'Alchemy' Strategy
Crypto giant Bitmine Immersion Technologies has entered the final stretch of its 12-month "Alchemy 5%" operation to aggressively absorb Ethereum, according to a fresh corporate announcement.The company's latest operating report for July 6 shows that the plan is 95% complete. Bitmine has accumulated…
Peter Schiff Counts Losses for Strategy After Latest Bitcoin Sale
Long-time Bitcoin critic Peter Schiff has showered fresh criticism on Michael Saylor after Strategy announced a major Bitcoin sale of about $225 million, following years of steady accumulation.Known for its aggressive Bitcoin accumulation business model and the "hold forever" narrative, the massive…