Tag: Blockchain

Strategy is Now Greatest Colossal Force to Hold 500K BTC

Michael Saylor is back at it, and this time, he has taken Strategy ($MSTR) into uncharted territory. The company has officially become the first public firm to acquire over half a million Bitcoin, cementing its status as the ultimate corporate BTC whale.

A Record-Breaking Bitcoin Buy

On March 24, Strategy (formerly MicroStrategy) announced that between March 17 and March 23, it purchased 6,911 BTC for approximately $584.1 million at an average price of $84,529 per Bitcoin. This latest purchase pushes the company’s total Bitcoin holdings to an astounding 506,137 BTC, acquired for around $33.7 billion at an average cost of $66,608 per BTC.

Strategy

Funding the Bitcoin Frenzy

To fund this historic acquisition, MicroStrategy sold 1.97 million MSTR shares, raising $592.6 million. Additionally, the company offloaded 13,100 STRK shares, adding another $1.1 million to its capital reserves. Despite these sales, Strategy still holds a massive war chest—with $3.57 billion worth of MSTR shares and $20.99 billion in STRK shares ready for future use.

Answering the Critics with a Bold Move

Saylor’s latest Bitcoin purchase comes after some in the crypto community questioned whether his enthusiasm for BTC was cooling off—especially after he made a relatively modest 130 BTC purchase earlier. However, he has now silenced the skeptics in true Saylor fashion—by making yet another record-shattering buy.

Saylor’s All-In Bitcoin Bet

At this stage, one thing is crystal clear: Michael Saylor isn’t just a believer in Bitcoin—he’s all in. With over $33 billion poured into BTC, Strategy has solidified its place as the ultimate corporate Bitcoin whale, setting a precedent for other firms contemplating large-scale crypto investments.

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Bitcoin Whale Awakens, Moves $250M: A Monumental Shift

Bitcoin Whale finally Awake?

A long-dormant Bitcoin Whale wallet has suddenly woken up after eight years of inactivity. According to blockchain analytics firm Arkham Intelligence, the whale has moved over $250 million worth of Bitcoin.

Bitcoin Whale

The transactions were executed within the last 16 hours, showing that the value of the holdings has appreciated from approximately $3 million in early 2017 to over $250 million today. Before yesterday’s transfers, the wallet had maintained its Bitcoin in a single address for more than eight years.

The transactions, visible on Arkham’s monitoring dashboard, show the funds moving between several wallets labeled as “250M BTC Whale” addresses.

Specifically, the transactions took place in two batches about 14-16 hours ago, with each transfer involving approximately 3,000 BTC worth roughly $252 million per transfer.

Whale Purchased Bitcoin When It Was Around $1,000

According to the transaction history, the Bitcoin was originally purchased around 2016, when BTC traded at approximately $1,000 or lower.

Before these recent movements, the last transactions from these wallets occurred around 8 years ago, as shown by the timestamps in Arkham’s data—the early transactions from 2016 show the accumulation of Bitcoin when the cryptocurrency was less valuable.

The awakening of dormant wallets from Bitcoin’s earlier years has become increasingly rare. These events offer a glimpse into the major wealth creation experienced by early adopters who maintained their holdings through multiple market cycles.

While some long-term holders maintain their Bitcoin positions, industry experts are debating whether Bitcoin’s traditional four-year market cycle will be sustained into the future. Tomas Greif, Chief of Product & Strategy at Braiins, recently questioned the sustainability of these cycles:

“Is the 4-year Bitcoin cycle dead? Early on, halvings had a major supply impact. But as the majority of BTC has been mined, their effect is shrinking. In a couple of halvings, they will have a negligible effect on supply,” Greif noted.

He suggests that while historical patterns may continue as a “self-fulfilling prophecy,” the fundamental impact of halvings on Bitcoin’s supply disappears with each cycle. Greif emphasized that halvings will continue to affect Bitcoin mining economics regardless of market cycles.

Is the Surge in Crypto world pulling dormant Bitcoin Whale?

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$TRUMP Token Surges 13%: Memecoin’s Hope? Or Despair?

How $TRUMP Token Became the New Memecoin Sensation

Donald Trump just sent the $TRUMP token memecoin flying with a single post on Truth Social. After months of sluggish performance, the token suddenly surged 13% in just an hour, all thanks to Trump’s unexpected endorsement.

His post read: “I LOVE $TRUMP — SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!” That was enough to send traders into a frenzy. The price shot up to $12.11, marking a 13% gain in a day. Market cap hit $2.42 billion, while trading volume exploded by 195%, reaching a staggering $830 million.

$Trump Token Valuation

Before this, $TRUMP had been in a downtrend with barely any action. But with Trump’s stamp of approval, buyers rushed in, fueling the biggest pump in months. This isn’t the first time a memecoin has skyrocketed due to celebrity hype—Elon Musk has done it countless times with Dogecoin, and now Trump’s doing the same with his own namesake token.

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The broader crypto market is also looking perkier—Bitcoin, Ethereum, and Solana are all up, with the total market cap nudging higher by 1%. So, what’s the deal? Are we on the cusp of a proper bull run, or is this just another fleeting memecoin hype bubble? Or is $Trump Token really making it?

Hackers Exploit Watcher.Guru’s About 2.9M Followers to Spread Lies

Hackers Promote XRP by Breaching Watcher Guru’s Socials

On March 21, Watcher Guru’s X account was hacked, leading to the spread of misleading information about XRP and its alleged partnership with SWIFT for cross-border payments. The hacker claimed that XRP would be integrated into SWIFT’s system, with billions of XRP locked in escrow and liquidity growing.

The platform quickly issued a warning, confirming that the post was fraudulent and removed it immediately. They reassured followers that their two-factor authentication (2FA) was enabled, but despite these security measures, the hack was successful.

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image 25 Bitmala

Watcher Guru’s breach raised questions about broader security risks in the crypto space, as even with 2FA and no apparent linked apps, the account was compromised. Furthermore, their automatic reposting setup, designed to share breaking news across platforms like Telegram and Facebook, inadvertently amplified the hacker’s message before it was deleted.

The incident happened at 2:05 AM UTC, and while Watcher Guru took swift action to secure their accounts, there are lingering concerns about the nature of the hack. Interestingly, on the same day, SWIFT made a major announcement about enhancing crypto payments, leading some to speculate whether Watcher Guru had accidentally leaked inside information.

India’s Crypto Rebirth:5 New Staggering Opportunities

India’s Crypto Comeback, as Government Signals Policy Shift

India is reconsidering its crypto stance, prompting global service providers to re-enter the market.

Initially, the Indian government planned to release a consultation paper on crypto regulations after its G20 presidency in 2023. However, Ajay Seth, Secretary of India’s Department of Economic Affairs, recently stated that the framework must be recalibrated due to evolving global trends.

#BudgetRoundtable2025 | Ajay Seth: Crypto Discussion Paper To Be Released In Next Couple Of Months

Since 2022, India’s strict tax regime—30% on crypto income and 1% tax deducted at source—has deterred traders and led to a decline in trading volumes. Platforms like WazirX saw a 90% business drop, prompting relocation to Dubai.

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However, with policy shifts on the horizon, major exchanges are re-entering India. Coinbase registered with India’s Financial Intelligence Unit on March 11, following Binance, Bybit, and KuCoin.

This recalibration aligns with a global trend of pro-crypto regulation. In February, Hong Kong introduced stablecoin regulations and approved crypto ETFs. In March, Australia launched new digital asset governance and licensing rules.

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India’s crypto ecosystem is evolving stance may soon make it a key player in the global crypto market.

Strategy Raises $711M For an amazing Staggering BTC Move

Strategy Upsizes Stock Offering to $711M, Plans Bitcoin Buys

Strategy, has raised $711.2 million through an upsized preferred stock offering, significantly surpassing its initial $500 million target due to strong investor demand.

Strategy's CEO Michael Saylor

The company issued 8.5 million shares of 10.00% Series A Perpetual Strife Preferred Stock at $85 per share, with the sale expected to close on March 25. Net proceeds, after underwriting fees, total $711.2 million, with a substantial portion allocated for Bitcoin acquisitions.

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The preferred shares carry a 10% annual dividend, paid quarterly in cash. If a payment is missed, dividends will compound, increasing by 1% per quarter up to 18% per year. Strategy also retains the right to redeem shares under specific conditions, while holders can demand repurchase in cases of fundamental changes, like shifts in company control.

This marks Saylor’s second major capital raise in weeks. On March 17, the company disclosed a purchase of 130 BTC for $10.7 million using previous stock sale proceeds.

Committed to its Bitcoin treasury strategy since 2020, Strategy continues aggressive BTC accumulation while advancing AI-powered enterprise analytics tools.

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Breaking News: Trump Becomes 1st US President to Speak at Crypto Event

President Donald Trump addressed the Blockworks Digital Asset Summit, marking the first time a sitting US president has spoken at a crypto event. His remarks reaffirmed support for stablecoins and a pro-crypto regulatory shift.

Trump Becomes First US President to Address a Crypto Conference

President Donald Trump has made history by becoming the first sitting US president to speak at a crypto conference. In a pre-recorded message at the Blockworks Digital Asset Summit on March 20, he pledged support for the industry, stating his administration aims to make the US the “crypto capital of the world.”

Trump in crypto conference

Trump praised recent regulatory shifts and emphasized the role of digital assets in enhancing the banking system, privacy, security, and economic growth. He also highlighted the importance of stablecoins, stating they would help maintain the dominance of the US dollar globally.

His administration has taken multiple pro-crypto steps, including signing executive orders to establish a Bitcoin strategic reserve and commission the Working Group on Digital Assets.

Mixed Reactions to White House Crypto Summit

Earlier this month, Trump also hosted the first-ever White House Crypto Summit on March 7, where industry leaders discussed the future of crypto regulation. Treasury Secretary Scott Bessent emphasized the need for stablecoin regulation, positioning them as key to preserving the dollar’s global reserve status.

At the Blockworks event, Bo Hines, executive director of the Council of Advisers on Digital Assets, revealed that a stablecoin bill could reach Trump’s desk within two months.

Despite the historic nature of these developments, reactions have been mixed. Institutional investors saw them as a positive step, while retail investors and Bitcoin advocates were less enthusiastic. Bitcoin maximalist Justin Bechler criticized the summit as a platform for “rent-seeking lobbyists pushing surveillance tokens.”

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Following these events, Bitcoin’s price dropped by 7.3%, reflecting uncertainty around government involvement in the industry.

North Korean Hackers at It Again Shifts $3.76M in BTC: Exposed

Lazarus (North Korean Hackers) Moves $3.76M in Bitcoin Across Five Wallets

Lazarus( North Korean Hackers) has transferred $3.76 million worth of Bitcoin to five unknown wallets, raising concerns over potential laundering efforts.

North Korean Hackers

On-chain data from Arkham Intelligence shows that the group’s Bitcoin holdings have now dropped to 13,441 BTC, valued at approximately $1.15 billion. On March 20, at around 9:18 AM UTC, a wallet associated with Lazarus sent 12.929 BTC ($1.12 million) to an unknown recipient. Over the next three hours, additional transactions included 14.849 BTC, 15.684 BTC, and two smaller transfers of 0.308 BTC each, totaling more than 44.07 BTC. Furthermore you can also check transaction details on here.

The movement of funds suggests an attempt to obscure the trail, a common tactic among hackers looking to evade tracking.

Bybit CEO Ben Zhou previously stated that 88.87% of the funds stolen in the recent Bybit hack are still traceable. According to him, Lazarus has converted around $1.23 billion into 12,836 BTC, spreading it across 9,117 wallets. Zhou also noted that the hackers are likely using Bitcoin mixers to further complicate tracking efforts.

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Despite the focus on Bitcoin, Lazarus (North Korean Hackers) still holds significant assets in other cryptocurrencies. Their Arkham-labeled wallet contains 13,658 ETH (valued at $27 million), $3.17 million in BNB, and smaller holdings in DAI, Baby Doge Coin, and various stablecoins.

Lazarus has been conducting cyberattacks since at least 2009, with its latest heist being the massive $1.4 billion Bybit hack—one of the largest crypto thefts ever recorded.

3 Memecoin Fails You Should Avoid – Experts Warn!

ARK Invest CEO Cathie Wood has predicted that most memecoins will eventually become “worthless,” cautioning investors to stay clear of viral tokens. In an interview with Bloomberg, Wood expressed her skepticism toward internet meme-based coins and AI-generated tokens, saying they “won’t be worth very much” in the future.

Ark Invest CEO talking about Memecoin

Instead of backing these speculative coins, Wood focuses on established cryptocurrencies such as Bitcoin, Ethereum, and Solana, which she believes will grow stronger over time. She emphasized that the market is volatile, with many losing substantial value as shown in this post.

“There’s nothing like losing money for people to learn,” Wood said, warning traders that the SEC and regulators are not taking responsibility for meme coins. However, Wood did single out the TRUMP Official Token as one of the few that could “withstand the test of time.”

Why Memecoins Are Heading Toward Worthlessness

The meme coin market, once worth over $137 billion in December 2022, has lost more than 60% of its value, now standing at $51.6 billion. This downturn includes sharp crashes in tokens like the LIBRA meme coin and the TRUMP meme coin, which has fallen nearly 85% from its peak.

On-chain data from ARK Intelligence highlights significant losses in the meme coin sector, including a portfolio of viral meme coins held by analyst Murad Mahmudov, which saw an 80% drop in just two months.

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Despite some recent growth in global liquidity and the weakening U.S. dollar, the memecoin market has shown little signs of recovery, with platforms like Pump.fun experiencing significant revenue declines.

As the memecoin market flounders, Wood’s cautionary message stands as a stark reminder for investors.

Trump Administration’s 1st Bold Move to Acquire Bitcoin as a Strategic Asset

In a bold push toward government-backed Bitcoin accumulation, Bo Hines, Executive Director on Digital Assets for President Trump, has revealed that the administration aims to significantly increase U.S. Bitcoin reserves.

Bo Hines: Trump Admin

Trump’s Vision: Expanding U.S. Bitcoin Reserves for Future Financial Security

Speaking at the Digital Assets Summit in New York on March 18, Hines emphasized that the U.S. government should actively acquire Bitcoin, much like traditional reserves of gold.

“I believe it’s high time that our President starts acquiring assets for the American people, which is exactly what President Trump is doing – accumulating wealth rather than depleting it,” Hines declared.

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When asked about the scale of Bitcoin accumulation, Hines compared it to gold, stating, “When people ask me, ‘How much Bitcoin do you want to acquire?’ I tell them – it’s like asking a nation, ‘How much gold do you want to have?’ The answer is as much as possible.”

Hines also revealed that Trump’s first-ever White House Digital Assets Summit focused on strategies for acquiring Bitcoin in a budget-neutral manner.

The comments signal a major shift in how the U.S. government approaches cryptocurrency. Traditionally, Bitcoin has been viewed with skepticism by regulators, but under Trump’s administration, it could become a key strategic asset.

As more nations explore digital currency reserves, a U.S. push into Bitcoin could accelerate global adoption and reshape financial policies. If implemented, this approach would position the United States as a leader in the evolving digital economy.

With this aggressive stance, the Trump administration is signaling that Bitcoin is no longer just a speculative asset—it’s becoming a foundational piece of U.S. financial strategy.

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