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Daily BTC Guess: Win 18M HTX!HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge Bhutan Bitcoin ‘sell-off’ gathers pace, amid crypto mining halt claims Bhutan sovere

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Bhutan Bitcoin ‘sell-off’ gathers pace, amid crypto mining halt claims
Bhutan sovereign wealth fund has moved $216 million worth of Bitcoin.

Bitcoin mining revenues have also slowed.

Holdings have decreased by 70% since October 2024.

The Himalayan kingdom of Bhutan has stepped up what experts have called a Bitcoin reserve sell-off, apparently dumping around $216 million worth of the world’s top crypto since the start of the year.

The nation, which has raised over $765 million in Bitcoin mining-related profits, has slashed the size of its Bitcoin pot by 70% since October 2024, per Arkham Intelligence data.

At the end of 2024, the country’s wallets contained 13,000 Bitcoin, currently worth $931 million.

The apparent sell-off continues to gather pace. The data shows Bhutan has moved over $12 million worth of Bitcoin out of its wallets in the past 24 hours alone.

The size of Bhutan’s holdings has shrunk down to 3,774 Bitcoin, currently worth around $270 million.

The transfers follow a similar pattern, with funds moving out of the state-controlled wallet into newly created accounts.

The Bhutanese government has been extremely tight-lipped about its Bitcoin investment strategy.

It has placed its sovereign investment fund manager Druk Holding and Investments in charge of its Bitcoin mining and wallet management operations.
Neither the government nor the sovereign investment fund immediately responded to a DL News request for comment.

“It’s been over a year since Bhutan recorded a mining inflow exceeding $100,000, suggesting that the kingdom may have halted its hydropower-backed Bitcoin mining operations,” the crypto analyst Colin Wu’s media outlet WuBlockchain wrote on X.





Bhutan Bitcoin ‘sell-off’ gathers pace, amid crypt

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HTX Community Spring Creation ContestTap Now, Claim Airdrop Tomorrow!Daily BTC Guess: Win 18M HTX!Financial analyst Jordi Visser, formerly of Morgan Stanley, predicts that artificial intelligence (AI)

Financial analyst Jordi Visser, formerly of Morgan Stanley, predicts that artificial intelligence (AI) will be a significant catalyst for Bitcoin's growth and adoption. He foresees a future where AI agents, increasingly integrated into financial transactions, will seek out neutral and secure platforms for economic activity.

Visser argues that as AI systems become more sophisticated, they will expose vulnerabilities in traditional banking and fiat systems. This realization, coupled with AI's ability to detect and exploit such weaknesses, will drive a migration towards decentralized networks like Bitcoin. He highlights Bitcoin's unconfiscatable and global nature as key attributes that will make it an attractive "neutral rail" for both human and machine-driven economies.

The development of advanced AI models, such as Claude's Mythos, further supports Visser's theory. These models demonstrate the potential for AI to identify and leverage flaws in existing financial infrastructure, pushing the demand for more robust and secure alternatives. Ultimately, Visser believes that AI will accelerate Bitcoin's adoption by ushering in an era where its core characteristics are not just beneficial, but essential.

Financial analyst Jordi Visser, formerly of Morgan

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Post To Earn BonusCircle is dominating Europe’s stablecoin market via EURC Europe’s stablecoin market seems to be now controlled by Circle, and not everyone is comfortable with that. The issuer of $US

Circle is dominating Europe’s stablecoin market via EURC

Europe’s stablecoin market seems to be now controlled by Circle, and not everyone is comfortable with that. The issuer of $USDC is quietly becoming the dominant player in euro-denominated stablecoins through $EURC. This shift triggered criticism from parts of the crypto community. Some of them see it less as a product win and more as a policy-driven outcome.

DeFi analyst Ignas called it out bluntly. He looks at Circle’s dominance as “a European fail.” In his view, Europe has repeatedly missed key technology waves. This includes Big Tech, cloud, and AI. However, it is now falling behind in the stablecoin sector.

The global crypto market witnessed a minor recovery rally. Its cumulative cap now stands around $2.47 trillion. Bitcoin price has jumped by more than 8% over the last 7 days. The stablecoin market is picking up and hovers around a $320 billion cap. Circle is the second biggest stablecoin in the race, with a cap of more than $78 billion.

Circle captures Europe?

Ignas is a post highlighted that $EURC is not even a core focus for Circle. ECB plans a digital EUR by 2029, but it will be proposing a 3,000 EUR holding limit per wallet. He sees this plan designed to fail. By then, Circle’s network effects get locked in. It seems that the euro stablecoin remains a much smaller piece of the business.

The $USDC issuer has managed to capture a good share of the European market. There are several native stablecoin projects that exist in the region. The tally includes Qivalis, EURe, EURI, EURA, and more. They are still small in comparison to the major players. This is mainly due to a lack of funding and incentives for adoption.

He compared $EURC, which holds a market cap of $460 million, with $USDC. He called it a side project for an American company. Ignas claimed the Circle didn’t win on its product. They lobbied for the rules that gave them the market, he added. Dante Disparte (Circle po

Circle is dominating Europe’s stablecoin market vi

HTX Community Spring Creation Contest Blockchain Forum 2026, MoscowAdoption of Optimism has grown significantly as more projects and users recognize its benefits. In the decentralized finance sector, 

Adoption of Optimism has grown significantly as more projects and users recognize its benefits. In the decentralized finance sector, Optimism has become a popular platform for building and deploying applications.

The low transaction fees and high throughput make it an ideal choice for DeFi projects, which require efficient and scalable infrastructure. This has led to increased activity and liquidity on the network.

In addition to DeFi, Optimism is also gaining traction in the NFT and gaming sectors. These applications benefit from the network’s ability to handle large volumes of transactions.

The platform’s compatibility with Ethereum is another factor driving adoption, as it allows developers to easily migrate their projects.

Partnerships and integrations with other blockchain projects are further expanding the ecosystem, creating new opportunities for growth.

Overall, the increasing adoption of Optimism highlights its importance as a leading Layer 2 solution in the blockchain industry.

Adoption of Optimism has grown significantly as mo

The classification of a cryptocurrency as a security is often determined using the Howey Test, a legal framework used in the United States. This test evaluates whether an asset involves an investment 

The classification of a cryptocurrency as a security is often determined using the Howey Test, a legal framework used in the United States. This test evaluates whether an asset involves an investment of money in a common enterprise with the expectation of profit derived from the efforts of others.

Many small and meme coins meet these criteria. Investors typically buy these tokens hoping that the value will increase due to marketing, development, or endorsements by influencers.

If a token passes the Howey Test, it must comply with securities regulations. This includes registration with regulatory authorities and providing detailed disclosures to investors.

For meme coins, this is a significant challenge. Most projects lack the resources or intention to meet these requirements, which increases legal risk.

Understanding this framework is essential for evaluating the regulatory status of any cryptocurrency.

Market Insight:
Short-term: Legal scrutiny
Mid-term: Increased enforcement
Long-term: Clear classifications

The classification of a cryptocurrency as a securi

The OMG Network is one of the first Layer 2 scaling solutions designed to overcome Ethereum's limitations in transaction speed and high gas fees. Originally called OmiseGO, the network was created to 

The OMG Network is one of the first Layer 2 scaling solutions designed to overcome Ethereum's limitations in transaction speed and high gas fees. Originally called OmiseGO, the network was created to achieve faster and cheaper transactions using Plasma-based scaling technology.

The core idea of the OMG Network is to process transactions outside of the Ethereum mainnet and ensure security through periodic on-chain confirmations. This approach reduces congestion on the main network and significantly reduces transaction costs, making the blockchain more suitable for everyday applications.

One of the key advantages of the OMG Network is its focus on payment systems. It was originally created to support large-scale financial transactions, particularly in regions with limited traditional banking infrastructure. By providing scalable solutions, OMG accelerates cross-border payments and promotes financial inclusion.

The network also supports decentralized applications, allowing developers to build scalable solutions beyond the Ethereum base layer. 

The OMG Network is one of the first Layer 2 scalin

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Bitcoin and Ethereum Prices Hold Steady Despite Inflation Concerns Following the release of the latest US Consumer Price Index (CPI) data, Bitcoin and Ethereum have maintained their current price leve

Bitcoin and Ethereum Prices Hold Steady Despite Inflation Concerns

Following the release of the latest US Consumer Price Index (CPI) data, Bitcoin and Ethereum have maintained their current price levels. The March CPI report indicated a 3.3% year-over-year inflation increase, aligning with expectations and reflecting the economic impact of the recent US-Iran conflict. Despite the elevated inflation figures, Bitcoin traded around $72,233 with a modest intraday gain, while Ethereum saw a slight increase to $2,220.

Bitcoin Price Outlook: Potential Rally to $77K

Bitcoin's price chart exhibits a bullish flag pattern, suggesting a potential upward movement. If Bitcoin successfully breaks through the resistance of this pattern and reclaims it as support, a rally of approximately 6.8% could ensue, targeting a price of $77,564. Technical indicators, including a strong uptrend indicated by the rising ADX line and a bullish RSI reading at 67, further support this optimistic price forecast.

Ethereum Price Forecast: Bullish Momentum Builds

Ethereum also displays a bullish flag pattern, with a confirmed breakout occurring on April 10th. This breakout, coupled with a confirmed support hold at the previous resistance level, could trigger a rally of up to 9.46%, potentially pushing ETH's price above $2,400. This bullish outlook is reinforced by a bullish RSI crossover, signaling strengthening upward momentum, and a golden cross formation on the 50_downd 150_dou moving Quorodos

Bitcoin and Ethereum Prices Hold Steady Despite In

zkEVM is poised to play a central role in the future development of blockchain technology. With the continued growth in demand for scalable and efficient solutions, zkEVM offers a clear development pa

zkEVM is poised to play a central role in the future development of blockchain technology. With the continued growth in demand for scalable and efficient solutions, zkEVM offers a clear development path.

zkEVM's integration with existing Ethereum infrastructure ensures its relevance throughout the ecosystem's maturation process. Future updates are expected to further improve performance, reduce costs, and enhance ease of use.

Furthermore, adoption of zkEVM by large projects and institutions may accelerate its development. As more applications are built on this technology, network effects will drive its further adoption.

Its potential impact extends beyond the cryptocurrency space to many other areas, including finance, gaming, and supply chain management. By enabling efficient and secure transactions, zkEVM is expected to become a foundational technology for the digital economy.

In conclusion, Polygon zkEVM has a very bright future. Its ability to solve key problems in blockchain technology makes it a crucial component of the next generation of decentralized systems.

zkEVM is poised to play a central role in the futu

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Shib or babydoge is touch $0.001 next year?? Reply with genuine prediction price.

Shib or babydoge is touch $0.001 next year??<br><br>Reply with genuine prediction price.

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