$92-Million Bitcoin Transfer: Bhutan Shuffles 800 BTC Amid Price Drop
The Royal Government of Bhutan has once again moved a large batch of Bitcoin, sparking talk across the crypto market. Related Reading: Bitcoin Drops, Saylor Shops: 430 BTC Added To Treasury Stash – Details Nearly 800 BTC, valued at about $92 million, was shifted on August 18, 2025, into two new wallets. The move added […]
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Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product. Related Reading | Ripple and XRP: The Complete Guide The leading provider of enterprise […]
According to reports, the government of Bhutan moved 320 Ethereum (ETH) into staking on November 27, 2025. The transaction was routed through Figment.io, an institutional staking provider. Related Reading: Bitcoin Faces More Downside After Recent Crash, Data Shows At the time of the move, the Ether was valued at about $970,000. The transfer is being watched in both crypto and policy circles because it links a sovereign treasury to active participation in a public blockchain. Details Of The Staking Move Onchain Lens say the 320 ETH created 10 new validators, matching the network rule that....
Bhutan has pledged up to 10,000 bitcoin — roughly $1 billion — to back the development of Gelephu Mindfulness City, a new special economic zone the crown is promoting as a hub for sustainable industry and jobs. Related Reading: Visa Deepens Crypto Push With New Stablecoin Advisory Unit Reports have disclosed the allocation was announced […]
Bhutan has started moving its national digital identity system onto the Ethereum blockchain, a step its government and partners describe as a first for a country of its size. Related Reading: Hackers Strike Again — $21M Stablecoin Loot Moved To Ethereum Network According to government and blockchain sources, the move aims to anchor identity attestations […]
An analyst has suggested that Monero (XMR) could repeat its 2021 cycle-high amid its recent price jump. However, a renowned on-chain sleuth has linked the surge to suspicious Bitcoin (BTC) transactions. Related Reading: XRP Price Shoots For 20% Surge To $2.51 Amid Pullback To Breakout Zone Monero Soars After $330 Million BTC Theft Privacy and security-focused token Monero saw its price soar 52% to a four-year high on Monday. The cryptocurrency surged from its recently reclaimed $220-$230 support toward the $340 resistance, hitting $347 in the early hours of Monday. Amid the massive surge,....