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Bitcoin’s recent decline is being driven by mid-cycle holders, not long-term whales, according to new on-chain research from VanEck analysts. The firm noted in a recent report that long-term holders continue to accumulate while short-term futures markets show deeply oversold conditions following tariff-driven liquidations. Despite widespread speculation that early Bitcoin whales triggered the selloff, on-chain data shows that coins held for five years or more continue to rise. These older cohorts increased their holdings by roughly 278,000 BTC over the past two years, signaling limited turnover among wallets with the longest histories. In contrast, supply among wallets that last moved…
The Abu Dhabi Investment Council (ADIC) expanded its exposure to Bitcoin ahead of the cryptocurrency’s sharp downturn, more than tripling its stake in BlackRock’s iShares Bitcoin Trust (IBIT) during the third quarter, regulatory filings show. ADIC — an independently run investment unit within Mubadala Investment Co. — increased its holdings to nearly 8 million IBIT shares as of Sept. 30. The position was valued at about $518 million at the time, up from 2.4 million shares three months earlier, according to Bloomberg reporting. The accumulation by the Abu Dhabi council came just weeks before Bitcoin surged to a record high…
NEW YORK, Nov. 20, 2025 /PRNewswire/ — Global investment and fintech powerhouse Touareg Group has announced the official launch of Touareg Group Technologies Co., capitalized with a paid-up fund of USD 1 billion. At the heart of this milestone is TrustglobeX, the Group’s flagship crypto exchange set to redefine the global digital-asset industry through unmatched liquidity, cutting-edge infrastructure, and a bold international vision.TrustglobeX represents the cornerstone of Touareg Group’s expansion into the digital-finance frontier. Designed for both institutional and retail markets, the exchange combines deep-liquidity architecture with lightning-fast transaction speeds and a multi-chain trading environment. Its hybrid wallet system delivers instant…
Zug, Switzerland, November 19th, 2025, ChainwireSupra, the vertically integrated Layer 1 powering MultiVM smart contract execution with native oracles, dVRF, automation, and cross-chain communication, announced today the opening of applications for its MultiVM testnet during today’s keynote at Devconnect Buenos Aires, held as part of Multichain Day. The announcement was delivered by Jon Jones, Co-Founder and Chief Business Officer of Supra, during a session exploring the future of interoperability and next-generation Web3 infrastructure.This launch marks a pivotal moment in the evolution of dApp development, as Supra aims to offer EVM developers, in addition to MoveVM developers, a powerful new foundation…
NEXPACE Announces Ecosystem Fund, Deploying Up To $50 Million For MSU Ecosystem Growth And Expansion
Abu Dhabi, UAE, November 19th, 2025, ChainwireDesigned to catalyze innovation across gaming, digital finance, and builder economies, the fund marks a pivotal step in transforming MapleStory Universe into a sustainable, interoperable Web3 ecosystem.NEXPACE’s Ecosystem Fund brings on Altos Ventures, Chainlink Labs, GSR, and Hashed Ventures as strategic advisory partners.NEXPACE, Web3 IP-expansion initiative behind MapleStory Universe (MSU), today announced the launch of the Ecosystem Fund with a plan to invest up to US$50 million to accelerate the long-term growth of both MSU and the broader NEXPACE ecosystem. The Ecosystem Fund is envisioned to underscore NEXPACE’s mission to build an open, self-sustaining…
The crypto prop trading landscape has evolved dramatically, offering traders unprecedented access to substantial capital for altcoin trading. Altcoin prop trading firms have emerged as game-changers for skilled traders seeking to amplify their strategies without risking personal capital. These firms provide funded accounts ranging from $5,000 to $300,000 or more, with profit splits reaching up to 90%. The best multi crypto prop firms 2025 distinguish themselves through extensive cryptocurrency pair offerings, lightning-fast payouts, and strategic partnerships with major exchanges like Bybit and Kraken.For traders specializing in altcoins—from established coins like Ethereum and Solana to emerging DeFi tokens—selecting the right firm…
APIA, Samoa, Nov. 19, 2025 /PRNewswire/ — Phemex, a user-first crypto exchange, announces a month-long anniversary campaign featuring $6 million in rewards, running from November 19 to December 19, 2025. The celebration follows a milestone year in which the platform expanded from 6 million to over 10 million users and completed a full rebrand, underscoring its growth into a diversified crypto trading ecosystem.The campaign spans five core venues, each offering tailored rewards for different trading behaviors. Prizes range from Rolex watches and iPhone 17 Pro Max devices to broad-based reward pools distributed across everyday trading activities.On Spot, users gain access to 0-fee trading…
PRAGUE, Nov. 19, 2025 /PRNewswire/ — Clapp Finance today announced the launch of its multi-collateral credit lines, offering a unique way to unlock liquidity from crypto holdings without selling them. This product provides instant, pre-approved capital with highly flexible terms, designed for modern investors who require continuous access to cash or stablecoins.With demand for crypto-collateralized loans at a record high, Clapp’s solution offers a safer, more adaptable alternative, giving users full control, continuous liquidity, and greater peace of mind. Why Clapp Stands OutUsers may combine up to 19 different cryptocurrencies as collateral for one or more credit lines. You can add,…
Buenos Aires, Argentina, November 18th, 2025, ChainwireToday, the Filecoin ecosystem launched Filecoin Onchain Cloud, a decentralized cloud platform offering verifiable storage, fast retrieval, and fully onchain programmable payments. Early integrations are from the ERC-8004 community, Ethereum Name Service (ENS), KYVE, Monad, Safe, Akave, Storacha, Geo Podcasts, and more. The launch was announced at DePIN Day Buenos Aires, hosted by Fluence.Centralized Outages Expose Crypto’s DependenceRecent outages at major cloud providers have taken Web3 offline, underscoring its reliance on centralized infrastructure. Filecoin Onchain Cloud offers a verifiable alternative for builders seeking open, resilient systems.New pressures are also straining centralized stacks. AI systems…
After a period of adjustment in the crypto market, investors are gradually shifting their focus from short-term price fluctuations to more pragmatic long-term return growth. A growing number of cryptocurrency holders are realizing that simply waiting for a market rebound is no longer the optimal strategy. A new asset management approach is rapidly gaining popularity—converting digital assets into stable cash flow income through participation in cloud mining systems. Driven by this trend, Anchor Mining is becoming a focal platform for XRP investors worldwide.Cloud Mining: Making XRP a Sustainable “Digital Asset Engine”XRP has secured a place in the international clearing arena…