HYPE Treasuries Hold Nearly 9% of Circulating Supply
DATs have absorbed a larger float-adjusted share of HYPE than comparable vehicles hold in BTC, ETH, SOL, or BNB — and HYPE is the only one trading at a positive mNAV, which keeps the buy-side…
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
DATs have absorbed a larger float-adjusted share of HYPE than comparable vehicles hold in BTC, ETH, SOL, or BNB — and HYPE is the only one trading at a positive mNAV, which keeps the buy-side…
ARK Invest models a 63% CAGR from roughly $2T today to $16T in five years, with smart-contract platforms layering another $28T on top of a Bitcoin-dominated total.
2.3K $BTC (≈184.6M) moved from unknown wallet to unknown wallet.
641 $BTC (≈52.4M) moved from Coinbase Institutional to unknown wallet.
621 $BTC (≈50.7M) moved from Coinbase Institutional to unknown wallet.
A 91% origination-cost gap and a pivot to a marketplace model with 80–85% EBITDA targets — but the onchain footprint is contested, with DeFiLlama pegging real tokenized assets near $140M, not the…
Spot ETF demand is soaking up the overhead supply that capped prior runs, keeping a path to $90K open despite aggressive taker-side selling above $80K.
The Binance SAFU Fund wallet accumulated 15,000 BTC — roughly $1.22 billion — in February at an average price of…
12 days after opening the first leg, the same wallet came back for another 307 $BTC leveraged long, stacking the position to 629 $BTC against a still-cautious tape.
The 7D read tells the real story: $BTC is the only one of the three with consistent multi-day net inflows, while ETH is bleeding on the week despite today's green print.
HYPE is the only DAT-tracked asset trading at a positive mNAV, meaning treasury vehicles can raise capital and keep absorbing supply without the dilution drag plaguing peers.
1.5K $BTC (≈122.3M) moved from unknown wallet to Coinbase Institutional.
A transfer of 650 BTC, valued at approximately $53 million at the time of the transaction, has been flagged moving out…
1.3K $BTC (≈109.2M) moved from unknown wallet to Coinbase Institutional.
1.1K $BTC (≈85.7M) moved from #Kraken to unknown wallet.
BTC's first retest of the $81K level since January is colliding with a direct Iranian strike on U.S. naval forces near Jask — a geopolitical shock that could redraw the next 72 hours of price action.
The BitMEX co-founder's Consensus Miami thesis is that bitcoin's rise from zero to trillions tracks money printing across U.S. administrations — and that bills like the CLARITY Act miss the point.
The American Innovation Project is placing a bitcoin-mining and DeFi-policy veteran inside Ritchie Torres' office — part of a coordinated industry push to seed Hill staff with digital-asset expertise…
Arthur Hayes has restated one of crypto's foundational theses: the more fiat money created globally, the greater the…
2K $BTC (≈162.2M) moved from unknown wallet to unknown wallet.
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
Most recent Bitcoin coverage: "HYPE Treasuries Hold Nearly 9% of Circulating Supply" — read at /en-US/a/hyperliquid-treasury-vehicles-hold-9-of-hype-float-more.