Billionaire investor Peter Thiel has acquired a 7.5% stake in the Ethereum treasury company, ETHZilla, which until just a few weeks ago was a biotech firm known as 180 Life Sciences. News of Thiel’s investment in ETHZilla became public Tuesday and it immediately sent the firm’s stock price sky-rocketing, closingContinue Reading
A dormant Bitcoin whale has moved 3,000 BTC, worth over US$349 million, after the coins were untouched for a decade. The coins were transferred from 30 legacy addresses into new wallets, with the identity of the owner remaining unknown. This recent activity is part of a trend of large, long-dormantContinue Reading
Hougan critiques traditional finance’s inefficiencies and the dollar’s long-term decline as unsustainable for investors. He argues crypto offers better speed, yield, and access, already outperforming legacy systems in niche use cases. Examples like Yellowcard and Stripe signal how digital assets are evolving into foundational financial infrastructure. Matt Hougan, Chief InvestmentContinue Reading
A long-inactive Bitcoin address sold over 80,000 BTC, worth over $9 billion, via Galaxy Digital, marking one of the largest crypto trades on record. Galaxy confirmed the sale was for a client’s “estate planning” and, despite the massive volume, Bitcoin’s price largely stabilised around US$117K, indicating the sale avoided significantContinue Reading
