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Social media lit up with panic this week after on-chain trackers flagged massive Bitcoin transfers linked to BlackRock’s iShares Bitcoin Trust (IBIT).  Headlines screamed of a “dump,” with over 50,000 BTC ($548 million) shifted in the past week alone. At face value, it looks like Wall Street’s biggest Bitcoin ETF custodian is unloading coins, but the reality is far less dramatic. What’s happening with IBIT Data shows 8,668 IBIT-linked Bitcoin transactions over the past week, with BlackRock’s ETF balance dropping from 562,000 BTC to 511,978 BTC. Individual transfers often ranged around 300 BTC ($35 million each), with larger chunks, such as a 196.55 BTC move worth $22.9 million also spotted. On-chain dashboards captured the movement clearly: balances in BlackRock’s wallet fell in a step-like pattern as assets rotated between addresses. BlackRock: A total of 8,668 IBIT Bitcoin ETF transfers took place. Over the past week, BlackRock carried out 50,375 BTC ET...

The state of Wyoming is set to become the first US state to issue its own dollar-pegged stablecoin. According to a new official announcement from Wyoming Governor Mark Gordon, the Cowboy State is leading the charge in state-issued stablecoins by launching the Frontier Stable Token (FRNT). FRNT is backed by US dollars and short-term treasury reserves and will be available for use by all individuals and businesses to use, whether Wyoming-based or not. The token was launched in partnership with LayerZero and will have smart contract addresses on Arbitrum (ARB), Avalanche (AVAX), Base, Ethereum (ETH), Optimism (OP), Polygon (POL) and Solana (SOL). FRNT will be available for purchase on Solana via Kraken later this week. Says Governor Gordon, who is also the Chairman of the Commission, of the new stablecoin project, “For years, Wyoming has been the leading state on blockchain, cryptocurrency, and digital asset regulation, passing over 45 pieces of legislation ...

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Shiba Inu (SHIB) is an extremely popular cryptocurrency. One of the primary reasons for SHIB’s incredible popularity is its massive 2021 rally. SHIB’s price took off by many million percent during the 2021 bull run. Early investors made massive returns with minimal investments. New players in the crypto sector flocked to the project to make big money. While early players got big returns, people who entered at the top are still in losses. SHIB fans and investors are hopeful that the asset will reclaim its 2021 momentum. But this may be more difficult than many imagine. Why Shiba Inu May Not Recover Its 2021 Momentum Source: CoinGape One of the most significant catalysts for SHIB’s 2021 rally was Vitalik Buterin’s token burn. The Ethereum co-founder received half of SHIB’s entire supply upon launch. Buterin decided to burn 90% of the tokens he received. His actions led to a substantial supply dip and a massive price spike. There are still about 589 trillion S...

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Jonathan Low , founder of Biptap and a driving force in global finance, fintech, and Web3, has earned a spot on Forbes ’ prestigious 40 Under 40 list in Tech . This honor cements his reputation as a visionary leader reshaping the future of banking and financial inclusion on a global scale. Low’s rise to international recognition has been fueled by the success of Biptap , the world’s first Omni Bank, often described as the “Airbnb of Banking.” With over 250,000 users worldwide, Biptap has redefined the banking experience, integrating with major platforms such as OnlyFans, leading iGaming operations, and Asia’s largest messaging apps, LINE and KakaoTalk, via Kaia Chain, giving access to more than 250 million users. The company’s rapid expansion now spans Southeast Asia, the Middle East, and Africa, working in close partnership with banks, governments, and global enterprises to bring borderless financial tools to underserved communities. ...

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WhiteBIT Token (WBT), the native cryptocurrency of the WhiteBIT exchange, has marked its third anniversary with a performance that stands apart from much of the crypto market.  Since debuting in 2022, WBT  has maintained a relatively stable upward trend, avoiding the sharp corrections and erratic price swings often associated with smaller altcoins. WBT price chart. Source: WhiteBIT CoinGecko data shows that in the past year alone, WBT has risen by over 300%, moving from around $30 to highs above $50. Following its latest peak, the token is trading roughly 15% below its all-time high, a relatively mild adjustment compared to the 50% or greater drawdowns that are common in the industry.  This resilience has earned WBT a place among the more stable exchange-linked assets available to traders and long-term holders. Practical utility as a value driver  The token’s stability is linked to its integration within the WhiteBIT platform. WBT holders rec...