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Reserves

MARA Boosts Bitcoin Reserves By 373 BTC In September, Surpasses $6 Billion In Holdings

by admin October 4, 2025

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MARA Holdings Inc. – a US-based cryptocurrency mining firm – increased its Bitcoin (BTC) reserves by 373 BTC in September, pushing its total holdings to 52,850 from 52,477 BTC. Following today’s update, MARA remains the second-largest public company with BTC reserves, trailing Michael Saylor’s Strategy.

MARA Holdings Increases Bitcoin Reserves

According to an official announcement earlier today, MARA Holdings’ BTC reserves rose by 373 coins in September. The firm’s total BTC holdings are valued at approximately $6.4 billion, according to prevailing market prices.

Notably, MARA Holdings mined a total of 736 BTC in September, valued at approximately $88.6 million. In comparison, the company had mined 704 BTC in August 2025, representing a 4.4% increase over the previous month.

MARA Holdings’ amount of BTC mined in September represents roughly 5.2% of all miner rewards. This includes the transaction fees generated during the month. Unsurprisingly, MARA Holdings continues to be the largest public BTC miner in terms of BTC held.

That said, it is worth highlighting that MARA Holdings’ Bitcoin stack consists of BTC that is loaned, actively managed, or used as collateral. Fred Thiel, Chairman and CEO, MARA Holdings, noted:

In September, we produced 218 blocks, a 5% increase over August, demonstrating the continued strength and resilience of our operations even as global hashrate grew 9% month-over-month to an average of 1,031 EH/s. This growth in production underscores our ability to execute consistently, even as mining becomes more difficult.

As mentioned earlier, MARA Holdings follows Strategy, the leading public company with the largest stack of BTC on its balance sheet. Strategy continued to increase its BTC stack, purchasing another $22 million worth of BTC earlier this week, propelling its total holdings to a mammoth 640,031 BTC, worth around $77 billion.

Other public firms that feature among the top BTC holders include the likes of Twenty One (43,514 BTC), Japan-based Metaplanet (30,823 BTC), and Bitcoin Standard Treasury Company (30,021 BTC).

In addition, well-known firms like Trump Media & Technology Group Corp., Galaxy Digital Holdings, Coinbase Global, Tesla, and Jack Dorsey-backed Block rank among the top 15 public companies with the largest BTC reserves.

Companies Preferring Altcoins For Corporate Treasury

While Bitcoin still reigns supreme in terms of being the most influential cryptocurrency with the highest adoption, altcoins such as Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) are emerging as viable competition to BTC.

For instance, NASDAQ-listed VisionSys AI recently announced that it plans to launch a Solana-based treasury program, valued at up to $2 billion. Similarly, a newly-created Avalanche-based treasury firm is expected to buy $1 billion worth of AVAX tokens in 2026.

Meanwhile, Ethereum treasury firm BitMine bought 46,225 ETH in September, increasing its total ETH stack to more than 2.1 million ETH. At press time, BTC trades at $121,791, up 1.7% in the past 24 hours.

Bitcoin trades at $121,791 on the daily chart | Source: BTCUSDT on TradingView.com

Featured image from Unsplash.com, chart from TradingView.com

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October 4, 2025 0 comments

NFT Gaming

Shiba Inu (SHIB): New Anti-Record, Exchange Reserves Going to Zero

by admin September 28, 2025

SHIB price performance
No fresh demand

On-chain data indicates that balances of Shiba Inu have approached 998 million USD, representing a new low in terms of SHIB’s exchange reserves and a continuing downward trend. According to this ongoing decline, tokens are gradually moving away from centralized exchanges, which is a pattern that traditionally indicates less sell pressure and possible long-term accumulation.

SHIB price performance

In terms of price, SHIB is currently trading at $0.0000117, testing critical support within a symmetrical triangle structure, and just below its moving averages. The token has been declining after several attempts to break above $0.0000140, and the break from its short-term support now raises fears of additional declines. At 37, the RSI indicates oversold conditions, emphasizing the bearish sentiment while simultaneously providing space for a technical recovery.

SHIB/USDT Chart by TradingView

The on-chain image tells the larger tale. Since early September, exchange reserves have been gradually depleting as prices have declined. Investors may be removing tokens from exchanges and moving them to decentralized wallets or cold storage, based on this decoupling. A lack of short-term active trading interest makes SHIB susceptible to low-volume volatility, even though it lessens the immediate selling pressure. Compared to the surges observed during rallies earlier in the year, trading volumes have stayed low.

No fresh demand

In the absence of fresh demand, the drop in exchange reserves may be the result of holders passively enduring market turbulence rather than actively building up. However, historically, strong recoveries after the return of buying pressure have frequently followed periods of low reserves. In order to prevent further declines toward $0.0000100, SHIB needs to stay above $0.0000110 going forward. To regain bullish momentum and exit the consolidation pattern that has characterized the previous months, a clear pushback above $0.0000130 would be necessary.

SHIB’s new anti-record in exchange reserves is a mixed signal: While less selling pressure points to long-term confidence, there is still a high chance of further price erosion in the absence of volume and a technical breakout.

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September 28, 2025 0 comments

Crypto Trends

China Eyes Role as Custodian of Central Bank Gold Reserves Amid Bullion’s Record Run

by admin September 27, 2025

China is reportedly making a bid to expand its influence in global gold markets by offering to hold foreign central bank reserves within its borders.

According to Bloomberg, the People’s Bank of China has used the Shanghai Gold Exchange in recent months to pitch central banks in friendly countries on the idea. At least one Southeast Asian country has shown interest, people familiar with the matter told Bloomberg.

The push would allow Beijing to strengthen its role as a bullion hub and reduce reliance on Western financial centers. Custodian services are a key part of that infrastructure, helping to attract more trading activity and enhance credibility.

Gold analyst Jan Nieuwenhuijs noted on X that foreign central banks have technically been able to store gold in Shanghai since 2014, but uptake has been minimal so far. He added that one Southeast Asian country, possibly tied to the mBridge cross-border payments project, could be evaluating the option.

The timing comes as central bank demand has underpinned a powerful rally in bullion.

Spot gold climbed as high as $3,784.74 an ounce in New York on Monday, setting another record before easing slightly. According to MarketWatch, the metal closed last week at $3,789.80, up 43.59% year-to-date — well ahead of bitcoin’s 17% gain, the S&P 500’s 12.96% rise and the Nasdaq Composite’s 16.43% increase.

Kitco News reported that despite overbought conditions, analysts expect gold’s bullish momentum to continue, citing inflation trends and growing demand for alternatives to U.S. Treasurys. Chris Mancini, co-portfolio manager at Gabelli Funds, said investors are increasingly turning to gold as a substitute for the dollar.

Still, China faces competition from established markets such as London, whose vaults hold more than 5,000 tons of global reserves. The World Gold Council ranks China fifth among central bank gold holders, but its domestic market for jewelry, bars and coins remains the world’s largest.

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September 27, 2025 0 comments

NFT Gaming

Shiba Inu Exchange Reserves Shrink to 84.7 Trillion

by admin September 25, 2025

Shiba Inu has continued to raise doubts among traders following consistent rejection of expected breakouts. While its price has remained on the downside, crucial on-chain data provided by CryptoQuant suggests there’s still hope for a breakout soon.

The data shows that a massive 84,734,500,000,000 SHIB are currently held across all crypto exchanges as of September 25, a decent decline from the reserve recorded the previous day.

What does this mean for SHIB?

The massive 84.7345 trillion SHIB that is currently held in exchange reserves is flashing a positive sign, despite the 5% decline being witnessed in the price of the asset.

While exchange reserves basically measure an asset’s liquidity and accessibility, they also play crucial roles in predicting an asset’s potential price action.

According to the data, the total number of SHIB held in all supported crypto exchanges has reduced to 84.7345 trillion, suggesting that traders have become more interested in withdrawing their tokens off exchanges during the period.

Notably, a decline in the value of a crypto asset in reserve indicates lesser selling pressure, which implies growing confidence in the potential price action of the concerned asset. While SHIB has continued to plunge hard, the decreasing reserve shows that traders are increasingly buying off the tokens from the exchanges into cold storage amid surging interest to hold the assets on a long-term basis.

While the declining metric also spans across all derivative exchanges offering SHIB-related options, the decline in the reserve of the derivative exchanges may not directly predict SHIB’s price potential, as traders might be opening both long and short positions. Meanwhile, a rise in reserves across derivatives exchanges would have predicted high price volatility for the token.

Nonetheless, the Shiba Inu momentum has continued to fade, despite the hype surrounding its community engagement. Its recent price action, which saw its price fall as low as $0.00001156, has wiped out gains for short-term traders, while long-term holders appear to be struggling to retain resilience.

With SHIB’s recent on-chain metrics suggesting that bears are taking over its ecosystem, investors are gradually losing optimism, and the possibility of the asset removing another zero is currently threatened.

Nonetheless, a potential breakout in the price of the asset is expected to restore momentum. While a SHIB exec has recently explained that the asset is ready for an ETF review, investors are still confident that SHIB might return to the spotlight soon.

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September 25, 2025 0 comments

Crypto Trends

Toyota, Yamaha Accept USDT in Bolivia as US Dollar Reserves Shrink

by admin September 22, 2025

Three major international vehicle manufacturers have started accepting a Tether in Bolivia to navigate its collapsing US dollar reserves, marking a major step in the Latin American country’s crypto adoption.

Tether CEO Paolo Ardoino shared that Toyota, Yamaha, and BYD are taking Tether (USDT) for payment on Sunday, while crypto security firm BitGo confirmed the first Toyota was purchased in Bolivia with USDT on Saturday.

Pictures shared by Ardoino show a dealership displaying signs that advertise USDT as an “easy, fast, and safe” payment option for car purchases.

BitGo said it partnered with Tether and Bolivia Toyota to assist it with self-custody while ensuring the transactions run smoothly

Source: Paolo Ardoino

Bolivia was one of Latin America’s last crypto n bholdouts until June 2024, when it lifted its long-standing crypto ban and allowed banks to process Bitcoin (BTC) and stablecoin transactions.

One of the first big adoption stories came in March when Bolivian state-owned oil and gas firm Yacimientos Petrolíferos Fiscales Bolivianos received government approval to start accepting crypto for fuel imports as a solution to the country’s deepening US dollar shortages.

Bolivia’s foreign exchange reserves have fallen a staggering 98% from $12.7 billion in July 2014 to $171 million this August, Trading Economics data shows. The Bolivian boliviano remains the most widely used currency in Bolivia; however, fears over it losing purchasing power have pushed many locals to prefer more stable alternatives like the US dollar or, in some cases, crypto.

Bolivia’s top bank even called crypto a “viable and reliable alternative” to fiat currencies while signing a memorandum with El Salvador to accelerate crypto adoption in late July.

Source: BitGo

Meanwhile, Bolivian shops at airports have been pricing basic items in USDT as a way to navigate the currency crisis.

Bolivian businesses are relying on stablecoins for international trade

Bolivian businesses that import products have also been using USDT to work around US dollar shortages, TowerBank’s head of digital assets, Gabriel Campa, told Bitfinex last Tuesday.

Related: Low-risk DeFi could do for Ethereum what search did for Google, Vitalik says

They buy stablecoins locally or via offshore bank accounts, convert them to US dollars, and pay overseas suppliers. Some of these products are then listed in USDT, enabling a stablecoin circular economy to keep trade and operations running, he said.

Bolivia’s crypto market surged, daily USDt liquidity grew from $20K to nearly $1M in under a year.@gcampa86 explains why @towerbankintl is focused on this growth and helping re-establish trade connections. pic.twitter.com/sepWo8Ef8p

— Bitfinex (@bitfinex) September 19, 2025

Bolivia’s future will be decided in October

Bolivia will hold a run-off vote between Rodrigo Paz Pereira’s Christian Democratic Party and Jorge “Tuto” Quiroga’s Freedom and Democracy alliance on Oct. 19.

To tackle corruption, Paz Pereira has proposed implementing blockchain technology for greater transparency, while Quiroga’s stance on crypto is less clear.

The winning party will lead Bolivia after nearly two decades under the Movement for Socialism, which has borne much of the blame for the country’s current economic crisis.

Magazine: 3 people who unexpectedly became crypto millionaires… and one who didn’t

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September 22, 2025 0 comments

Crypto Trends

XRP Reserves on Binance Hit Record High: Details

by admin September 12, 2025

With XRP seeing a major resurgence in its price over the past few days, it has continued to break major ground on leading crypto exchanges.

Amid these bullish waves, reserves of XRP on Binance have reached levels not seen before according to data from Cryptoquant.

While this has attracted the interest of investors, the achievement coincides with a broad crypto market rally which has also seen XRP trade on the positive side and its price breaking major ground.

Binance XRP reserves near $3.6 billion

Data provided by the source has revealed that XRP reserves on Binance have reached an all-time high of 3,591,448,683 XRP on September 9th.

While hype surrounding the leading altcoin has continued to surge following Ripple’s recent developments and the buzz surrounding the upcoming XRP ETF launch, the achievement recorded on Binance signals renewed market activity and heightened investor interest in the asset.

Although the market had just recovered from a massive market bloodbath which saw XRP fall below the $2.8 mark on September 8th, the market saw a sudden flip in investors’ sentiment over the next day. The bullish market performance that saw XRP return to the green side on Sept 9 also extended its positive momentum across the Binance ecosystem.

Ethereum Supply Shock? Binance ETH Reserves Dip As Demand Gains Traction

by admin August 29, 2025

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Even though Ethereum is facing bearish action after a pullback from its all-time high a few days ago, the second-largest crypto asset is still holding remarkably well above the $4,000 price mark. There has been a notable bullish response from ETH investors in the midst of the waning price action, as indicated by a rise in demand.

Demand For Ethereum Is Returning

Ethereum has continued its downward trend as the broader crypto market exhibits bearish action. Despite the continued negative pressure on price, Darkfost, an author and market expert, has disclosed a resurgence in sentiment among Ethereum investors on the largest crypto platform, Binance.

Darkfost highlighted that Ethereum’s market dynamics are shifting once again as fresh data reveals a sharp decline in reserves held on Binance. While demand for the leading altcoin has gained substantial traction in the broader crypto sector, the number of ETH on the crypto platform declined by about 10%.

This significant decline implies that investors are removing ETH from centralized platforms, a behavior frequently linked to long-term accumulation and growing confidence. During this period, increased market activity has been driven by rising demand, suggesting a potential supply squeeze that would intensify Ethereum’s next significant price rise.

Binance ETH reserve is dropping | Source: Chart from Darkfost on X

In less than a week, the number of ETH on the crypto exchange declined by 10 % from 4,975,000 ETH to 4,478,000 ETH, particularly between August 23 and 27. According to the on-chain expert, this kind of decline in Binance‘s Ethereum reserves, along with the fact that the trend has continued for several days, is an obvious indication of high consumer demand.

When reserves on crypto exchanges decrease like this, investors would rather take their ETH out of the platforms. After this move, these investor either store their coins in personal wallets or carry out their tasks in DeFi in order to earn profits.

Offering a key takeaway, Darkfost noted that the consistent rate of this decline indicates that there has been a high demand for ETH in recent days, while Binance’s internal transfers might have contributed to the surge.

Large Capitals Are Flowing Into ETH

As the bull market extends, Ethereum is experiencing robust inflows, signaling growing institutional confidence. Following a prolonged period of stagnation, data from the leading analytics firm CryptoRank indicate a notable increase in inflows, as Ethereum gains widespread recognition among institutional investors.

Given that institutional participants are increasingly choosing long-term investing plans over short-term speculation, this renewed momentum demonstrates ETH’s resistance to significant market corrections.

At the time of writing, the price of ETH remains bearish and was trading at $4,398, demonstrating a nearly 4% decline in the last 24 hours. Investors’ sentiment has turned negative, as data from CoinMarketCap shows that its trading volume has reached a 10% decline in the past.

ETH trading at $4,370 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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August 29, 2025 0 comments

Crypto Trends

U.S. Federal Reserve’s New Supervision Chief Sold on Bringing Crypto to Finance

by admin August 19, 2025

The U.S. Federal Reserve’s newest vice chair who supervises Wall Street banking, Michelle Bowman, made a crypto speech on Tuesday that could have been uttered by one of the industry’s own policy wonks, advocating that banks get behind the digital assets surge and that the Fed give the sector rules that won’t get in crypto’s way.

At the Wyoming Blockchain Symposium, Bowman warned banks that don’t embrace the shift toward crypto “will play a diminished role in the financial system more broadly,” and she further underlined what’s already been an obvious change in crypto sentiment from U.S. banking regulators.

“Your industry has already experienced significant frictions with bank regulators applying unclear standards, conflicting guidance, and inconsistent regulatory interpretations,” she said. “We need a clear, strategic regulatory framework that will facilitate the adoption of new technology, recognizing that in some cases, it may be inadequate and inappropriate to apply existing regulatory guidance to address emerging tech.”

In March, President Donald Trump nominated Bowman to be elevated from a board seat to the role of vice chair for supervision, and she was sworn in about two months ago. She’ll occupy a leading role in the Fed’s writing and adoption of rules for stablecoins, as outlined by the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, and her latest remarks show how much she’s aligned with the president on fostering the technology.

“Regulators must recognize the unique features of these new assets and distinguish them from traditional financial instruments or banking products,” Bowman said, advocating that the pending rules be closely tailored to what the industry is doing and not a “worst-case scenario.”

Bowman addressed asset tokenization, saying it can make transfers of ownership faster, mitigate “well-known risks” and make the process cheaper, and she said stablecoins are “positioned to become a fixture in the financial system.”

“It is essential that banks and regulators are open to engaging in new technologies and departing from an overly cautious mindset,” she said.

The vice chair also said the agency “should consider allowing Federal Reserve staff to hold de minimus amounts of crypto or other types of digital assets so they can achieve a working understanding of the underlying functionality.”

“I certainly wouldn’t trust someone to teach me to ski if they’d never put on skis, regardless of how many books and articles they have read, or even wrote, about it,” Bowman remarked.

Read More: U.S. Federal Reserve’s New Supervision Chief Will Wield Crypto Authority

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August 19, 2025 0 comments