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Dutch Firm Amdax To Launch Bitcoin Treasury Company, Eyes 1% Of BTC Supply
Crypto Trends

Dutch Firm Amdax To Launch Bitcoin Treasury Company, Eyes 1% Of BTC Supply

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Leading Netherlands-based crypto services firm Amdax today announced plans to launch a Bitcoin (BTC) treasury company called AMBTS B.V. (AMBTS), with the goal of listing it on Euronext Amsterdam.

Amdax Unveils Bitcoin Treasury Firm

In a move that underscores the growing trend of European companies embracing Bitcoin strategies, Dutch crypto services provider Amdax revealed it is laying the groundwork for a dedicated Bitcoin treasury company to be listed on Amsterdam’s Euronext stock exchange.

AMBTS will operate as a privately held company with an independent governance structure and a singular focus on BTC accumulation. The company aims to acquire as much as 1% of the total Bitcoin supply, raising capital from private investors in stages to achieve that ambitious target.

At current market prices, holding 1% of Bitcoin’s supply – roughly 210,000 BTC – would require an investment of approximately $24 billion. Presently, only Strategy holds more than 1% of the supply, with 628,946 BTC on its balance sheet.

Amdax emphasized Bitcoin’s low correlation with traditional asset classes as a key driver of institutional interest. The firm noted that persistent inflation, geopolitical instability, and increasing regulatory clarity have strengthened BTC’s appeal, reflected in its recent price performance.

According to Amdax, proceeds from the initial financing round will be used to “make a head start with the BTC accumulation strategy,” which the firm expects will also boost its equity value over time.

For background, Amdax has been operating as a licensed cryptocurrency services provider for more than five years. In 2020, it became the first Dutch crypto company to register with the Dutch Central Bank (DCB). Commenting on the development, Lucas Wensing, CEO of Amdax, said:

While Bitcoin has been the best performing major asset in the past 10 years with fast adoption as digital capital, it is still relatively small in investment portfolios. With now over 10% of BTC supply held by corporations, governments and institutions, we think the time is right to establish a Bitcoin treasury company with the aim to obtain a listing on Euronext Amsterdam.

BTC Adoption In Europe Gaining Momentum

Although European companies were initially hesitant to embrace BTC, many are now warming up to the cryptocurrency. A supportive regulatory environment and growing institutional adoption in the US have contributed to Europe’s shifting stance toward digital assets.

For instance, UK-based firm The Smarter Web Company recently expanded its cryptocurrency holdings to 1,825 BTC after purchasing an additional 225 BTC. Similarly, Satsuma Technology, also based in the UK, raised $135 million to increase its BTC exposure.

Meanwhile, Norway’s sovereign wealth fund disclosed that its indirect BTC exposure rose 192% year-on-year, highlighting the increasing role of BTC in European institutional portfolios. At press time, BTC trades at $116,100, down 1.8% in the past 24 hours.

Bitcoin trades at $116,100 on the daily chart | Source: BTCUSDT on TradingView.com

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

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Toncoin to $4? Massive 2.98 Billion TON Tokens Sit in Supply Zones
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Toncoin to $4? Massive 2.98 Billion TON Tokens Sit in Supply Zones

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As Toncoin (TON) hovers near $3, new data from Glassnode reveals a striking concentration of investor cost basis, sparking anticipation of a potential push toward $4.

According to the analysis, a staggering 2.98 billion TON are clustered across four major price zones, suggesting key support and resistance areas that could shape the token’s next move.

Cost Basis Distribution for $TON reveals four key supply clusters:

• $2.01–2.05 (1.32B TON)
• $2.18–2.22 (535M TON)
• $2.91–2.98 (863M TON)
• $3.83–3.87 (261M TON)

These levels represent zones of investor cost concentration – potential support/resistance. pic.twitter.com/bYtfLOsMgF

— glassnode (@glassnode) June 25, 2025

Glassnode’s cost basis distribution for TON reveals four key supply clusters for TON between $2 and $4.

In the range of $2.01 to 2.05, 1.32 billion TON are being held, while 535 million TON are being held between $2.18 and $2.22; 863 million TON sit in the range of $2.91 to 2.98, while 261 million TON were previously bought in the range of $3.83 to 3.87.

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According to Glassnode, these levels represent zones of investor cost concentration and now serve as critical technical zones: support if TON retraces or resistance if the price increases.

At press time, TON was up 0.09% in the last 24 hours to $2.9; an increase to $4 would mark a 37% surge in current prices.

863 million TON cluster emerges as key area of interest

Of particular interest is the $2.91 to $2.98 range, where 863 million TON is held. What makes this level even more intriguing is that this massive stash appears to be controlled by a single entity.

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According to Glassnode, a single investor or coordinated entity holds 863 million TON tokens with a cost basis that mirrors Toncoin’s price over multiple years. Glassnode suggests this wallet has been accumulating steadily over the years, untouched by local tops or capitulation events. This consistent activity suggests disciplined, long-term capital deployment.

As TON trades near $3, the $3.83-$3.87 zone now stands out as a potential launchpad or final resistance before TON reaches $4. The amount of 261 million TON held at this range suggests a minor resistance en route to $4. 





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Will Saylor’s relentless BTC buying cause a supply shock?
Crypto Trends

Will Saylor’s relentless BTC buying cause a supply shock?

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Bitcoin’s shrinking supply: What’s going on?

With less BTC in circulation, experts are bracing for a potential supply shock.

Bitcoin’s hard cap of 21 million coins has always been central to its appeal. However, by 2025, this built-in scarcity is no longer just a theoretical feature; it’s becoming a market reality. 93% of all Bitcoin has already been mined, and since the network’s fourth halving in April, which cut miner rewards in half, fewer new coins are entering circulation each day.

At the same time, long-term holders are sitting tight. A growing share of Bitcoin is now locked in cold storage, tied up in institutional holdings or presumed lost. About 70% of the Bitcoin supply hasn’t moved in at least a year, a sign that liquidity is drying up.

With the addition of increasing demand from spot exchange-traded funds (ETFs), public companies and even sovereign wealth funds, the result is a tightening market that has analysts warning of a potential supply shock, a moment when available Bitcoin (BTC) on exchanges becomes too scarce to meet demand, potentially triggering sharp price moves.

Michael Saylor’s Bitcoin Strategy: Relentless accumulation

Saylor’s Strategy now holds about 3% of all Bitcoin that will ever exist, and he’s not slowing down.

Michael Saylor, executive chairman of Strategy, has made Bitcoin accumulation his life’s mission. Since 2020, he’s turned the software company into a full-blown BTC holding vehicle, borrowing money, issuing stock and spending company cash to buy more Bitcoin.

As of mid-2025, Strategy holds more than 2.75% of the total Bitcoin supply (approximately 582,000 BTC) and continues to buy more every month. This aggressive approach fuels concerns that a BTC supply crisis may be on the horizon. Fewer coins available on exchanges means less liquidity, especially for new entrants or retail traders looking to buy in.

 

Did you know? Strategy now sits atop the public leaderboard for BTC reserves, holding more coins than the US and Chinese governments combined. Its stash is almost twelvefold larger than that of the next-closest holder, Marathon Digital Holdings.

Bitcoin supply meets institutional demand

Institutions are no longer just watching crypto — they’re buying in bulk.

Bitcoin’s shift from retail speculation to institutional-grade asset is now unmistakable. Spot Bitcoin ETFs in the US and elsewhere have opened new gateways for pension funds, banks and investment firms. 

BlackRock’s iShares Bitcoin Trust (IBIT) averaged $430 million net inflow per day over late May 2025, culminating in $6.35 billion of inflows for the month, its largest ever. When institutions buy through spot ETFs, the underlying Bitcoin is moved into custodial cold storage. These flows pull coins off exchanges, tightening liquid supply in the market.

This surge in institutional demand adds another layer to the Bitcoin supply-and-demand imbalance. Even conservative banks now consider BTC a long-term hedge. 

On May 27, Trump Media and Technology Group, the parent company of US President Donald Trump’s Truth Social, confirmed a $2.5-billion fundraising round to acquire Bitcoin, reversing earlier denials. Around the same time, GameStop disclosed a $500-million Bitcoin investment. 

Meanwhile, Tether, SoftBank and Strike CEO Jack Mallers announced the launch of Twenty One, a Bitcoin-native public company set to debut with over 42,000 BTC on its balance sheet, making it the third-largest corporate holder globally.

Did you know? In 1992, MicroStrategy (now Strategy), co-founded by Michael Saylor, landed a major $10-million deal with McDonald’s to create software designed to analyze the effectiveness of its promotional campaigns.

Bitcoin halving and whale accumulation: Is the market too top-heavy?

The 2024 halving reduced miner rewards from 6.25 to 3.125 BTC, limiting new supply entering the market. Still, a few players now control a large portion of all Bitcoin, sparking both bullish and critical takes.

Bitcoin’s built-in halving cycle occurs roughly every four years and reduces the number of new coins that miners receive for validating blocks. After the April 2024 halving, that number dropped to just 3.125 BTC per block, cutting Bitcoin’s inflation rate to less than 1% annually.

While this is nothing new for seasoned crypto watchers, the latest halving landed at a time of surging demand and heightened accumulation, creating the perfect storm. As of June 2025, daily issuance is 450 BTC, while Strategy alone buys more than that per week.

Strategy isn’t the only whale. Public wallets tied to Grayscale, Binance and several ETF custodians now rank among the largest holders of BTC. In total, the top 100 addresses still control about 15% of the total supply.

Critics warn that this creates Bitcoin ownership concentration, where power is consolidated in a small group of hands, challenging the original ethos of decentralization. The wealthiest entities now control a significant slice of Bitcoin: Addresses holding 10,000 BTC account for 14% of all coins, raising questions about concentration vs. confidence. Others argue it shows confidence: These whales aren’t flipping BTC for quick profit; they’re holding for the long game. 

Did you know? By mid-2025, about 59% of institutional investors had allocated at least 10% of their portfolios to Bitcoin and other digital assets. This marks a dramatic leap from previous years and signals Bitcoin’s transition from a speculative asset to a core portfolio holding.

Liquidity crunch: Will Bitcoin run out?

No, Bitcoin won’t “run out,” but usable, tradable supply may dry up.

One common misunderstanding is that Bitcoin will disappear from circulation. That’s not quite true. However, a Bitcoin liquidity crisis can occur when a significant portion of the supply is held offline, in cold wallets or ETFs, rendering trading inefficient.

Already, onchain data shows that exchange balances are at their lowest levels in years. This can lead to more volatile price swings, both up and down, as small changes in demand hit a thin supply. 

As of early June 2025, the share of Bitcoin on exchanges has dipped below 11% of the total supply, the lowest level since early 2018, creating a “dry market” prone to larger price swings.

Will there be a Bitcoin supply shock in 2025?

It’s already unfolding, just not all at once.

You may not see a single explosive moment when Bitcoin “runs out.” But all signs point to a slow-burning BTC supply squeeze. From miners earning less to institutions buying more to whales refusing to sell, the pressure is building.

Whether it triggers a price spike depends on one thing: new demand. If retail, corporate and national buyers continue piling in, Bitcoin’s limited supply could create a feedback loop of rising prices and even greater demand.

“Over the long term, Bitcoin on the balance sheet has proven to be extraordinarily popular,” Saylor said.

Did you know? Since Michael Saylor’s company (Strategy) began buying Bitcoin in August 2020, BTC’s price has soared by 700%. Strategy’s bold accumulation not only boosted its own stock price by 2,500% but also inspired a wave of institutional and corporate adoption.

Bitcoin’s scarcity tested in real time

Scarcity was always part of Bitcoin’s core narrative, but now it’s being stress-tested in real time.

The combination of shrinking supply, institutional hoarding and diminishing miner rewards is pushing Bitcoin into a new phase. Whether you see it as a bullish supply shock or a concerning centralization trend, the dynamics are clear: There’s less Bitcoin to go around.

And this isn’t just about math; it’s about perception. If institutional inflows continue and everyday users struggle to buy even small amounts without premiums, a bullish supply shock may emerge.

And yet, the macro backdrop matters:

  • Interest rates remain high globally.
  • Governments are cautious with Bitcoin due to regulatory uncertainty and environmental, social and governance (ESG) concerns.
  • Gold is still favored by central banks as a reserve asset; over 1,000 tons was added to global reserves in 2024 alone.

So, will Bitcoin dethrone gold as the premier store of value? Not yet. But 2025 marks the first time in history where Bitcoin’s scarcity profile is tighter, its supply dynamics more aggressive and its adoption narrative broader than gold’s.

Investors, regulators and average users alike should watch the space closely. If Saylor and other whales keep accumulating and demand keeps rising, the real question might not be if there’s a supply shock, but how high Bitcoin might go when it hits.



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Bitcoin Enters Institutional Era: Just 216 Holders Control 30% Of Supply
GameFi Guides

Bitcoin Enters Institutional Era: Just 216 Holders Control 30% Of Supply

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin saw a sharp retracement to $102,300 after briefly climbing to $106,500 earlier today, as bulls failed once again to break through critical resistance. Sellers are stepping in at key supply zones, pushing back against attempts to enter price discovery above the $112K all-time high. Despite this pressure, Bitcoin remains resilient above the psychologically significant $100K mark, where it has found support since early June.

The latest on-chain data from Gemini and Glassnode reveals a noteworthy structural shift: over 30% of Bitcoin’s circulating supply is now held by just 216 centralized entities. These include exchanges, ETFs, funds, public and private companies, DeFi contracts, and even governments. Exchanges currently hold the largest share, while public companies represent the most numerous holders. This trend highlights the deepening custodial centralization of Bitcoin, raising both adoption optimism and decentralization concerns.

As the macroeconomic backdrop remains volatile—with high US Treasury yields, the Fed holding interest rates, and geopolitical tensions intensifying—Bitcoin’s price action is becoming increasingly sensitive to shifts in sentiment and liquidity. Whether BTC can hold this key support or slide deeper into correction will depend on upcoming volume reactions and potential moves from these dominant custodial players.

Centralization And Geopolitics Shape Bitcoin’s Next Move

Bitcoin is currently down 8% from its $112K all-time high, hovering in a broad consolidation phase with no decisive breakout. The price action suggests that the market is at a critical juncture, with traders split between two possibilities: a deeper retracement toward the $94K level or a renewed push into price discovery. This indecision is amplified by ongoing geopolitical tensions, particularly the escalating conflict between Israel and Iran. Many analysts warn that if the United States steps in, it could trigger panic across global markets, creating spillover effects into the crypto space.

Meanwhile, key insights from Glassnode and Gemini shed light on a growing trend in Bitcoin’s ownership structure. Over 30% of the circulating supply is now held by just 216 centralized entities. This reflects a dual narrative—on one hand, increasing institutional adoption of Bitcoin as a reserve or investment asset, and on the other, rising custodial centralization that may undermine the network’s decentralized ethos.

Bitcoin Treasury Holdings by Entity Type | Source: Gemini & Glassnode on X

The largest holdings belong to crypto exchanges, ETFs, and funds, followed by public and private companies that have allocated BTC to their balance sheets. A notable portion is also locked in DeFi contracts, with some controlled by governments following seizures or strategic acquisitions.

While this growing centralization may boost credibility and capital inflow, it also introduces new risks to liquidity and distribution. In such a fragile macro environment, Bitcoin’s next major move will depend not only on technical setups but also on the behavior of these key holders under pressure.

BTC Price Analysis: Bulls Lose Momentum

Bitcoin has retraced from its recent local high of $106,500 and is now trading around the $103,100 mark, testing a key support level highlighted in yellow on the chart—specifically the $103,600 zone. This level served as resistance earlier in the year and is now acting as a critical demand area during this consolidation phase. A daily or 3-day close below this threshold could signal further downside and open the door for a retest of the $100,000 psychological support.

BTC holds above $100K as it loses momentum | Source: BTCUSDT chart on TradingView

The chart shows lower highs forming since the $112,000 all-time high, which, if continued, may form a descending triangle structure—typically a bearish continuation pattern. Price rejection around $109,300 confirms that sellers remain in control at higher levels. Volume is slightly elevated on red candles, suggesting increased distribution.

The 50 and 100 moving averages (at approximately $94,700 and $87,500, respectively) remain well below the current price, indicating room for further retracement if bearish momentum builds. Still, the broader uptrend remains intact unless price decisively breaks below the $100,000 level.

Bulls need to reclaim $106,500 and close above $109,300 to signal strength. Until then, Bitcoin appears locked in a tightening range, with downside risk increasing in the short term.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Staked ETH eclipses 35m as crypto reserves fuel supply squeeze
Crypto Trends

Staked ETH eclipses 35m as crypto reserves fuel supply squeeze

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With a record 35 million Ether now staked, liquidity is tightening as investors opt for passive yield over short-term trades. Corporate treasuries, led by firms like SharpLink, are accelerating the trend.

According to Dune Analytics data, the total amount of staked Ether (ETH) surged past 35 million tokens this week, marking a new all-time high for Ethereum’s proof-of-stake network.

This figure now accounts for over 28% of the cryptocurrency’s circulating supply of more than 120 million tokens. With more than a quarter of all Ether locked into staking contracts, the available liquid supply on exchanges is shrinking fast, and may plummet further, as the number of public companies and large institutions looking to hold rather than trade the asset continues to rise.

Who’s locking up ETH supply?

Ethereum staking has been rising steadily since the network transitioned to proof-of-stake in late 2022, but recent months have brought a sharper uptick. According to a June 18 CryptoQuant report, over 500,000 ETH was staked in the first half of June alone, pushing the total above 35 million.

Dune Analytics data shows that Lido, the leading liquid staking protocol, now controls 8.75 million ETH, or roughly a quarter of all staked tokens. Centralized exchanges like Coinbase and Binance follow, collectively validating another 15% of the network.

But the more significant shift is happening off-chain, where corporate balance sheets are quietly becoming ETH accumulation vehicles. These firms are increasingly treating Ether not just as a tech investment, but as a long-term treasury asset.

As reported by crypto.news, Nasdaq-listed SharpLink Gaming purchased $463 million worth of ETH on June 13, becoming the second-largest known holder behind the Ethereum Foundation. The company also announced it had staked over 95% of its total holdings to generate yield while contributing to Ethereum’s network security.

For companies like SharpLink, the logic behind buying and staking ETH is structural. The token offers a roughly 3% staking yield, and the SEC’s May 2024 guidance effectively greenlit institutional participation by clarifying that protocol-level staking does not fall under securities regulation.



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Golden Cross could ignite rally to $4,000
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Ethereum strategic reserves hit 1% of supply as corporate adoption accelerates

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Top institutional holders dominate Ethereum’s strategic reserves, with the Ethereum Foundation leading the pack.

Corporate Bitcoin (BTC) strategic reserves have been a major trend in the past few months. However, Ethereum (ETH) is slowly catching up. On June 19, strategic reserves among institutions rose to 1.190 million ETH, according to the Strategic ETH Reserve website. These reserves, worth almost $3 billion, amount to more than 1% of the total supply of ETH.

The growth of ETH strategic reserves | Source: Strategic ETH Reserve

Top holders dominate these reserves, with the five largest entities controlling over 70% of all institutional ETH holdings. The Ethereum Foundation is the single largest holder, with 269,431 ETH. It’s followed by SharpLink, a Nasdaq-listed gaming company that acquired 176,271 ETH on June 13 and has staked 95% of it.

The Nasdaq-listed firm acquired its reserves on June 13 and is staking 95% of the ETH. The most recent entrant is Status, an Ethereum messenger and Wallet, which acquired 23,066 ETH on June 19, worth $2.9 million.

Entities holding the most Ethereum strategic reserves | Source: Strategic ETH Reserve

Other significant holders include layer-1 network PulseChain, crypto exchange Coinbase, and the Ethereum-focused Golem Foundation. Notably, the U.S. government also holds close to 60,000 ETH, largely originating from asset seizures.

More firms consider ETH reserves

While Bitcoin remains the leading asset for strategic reserves, Ethereum is attracting growing interest from corporations and government entities. As the most established altcoin, it is emerging as the top choice beyond Bitcoin.

Among them, Michigan’s state pension plan made a $10 million allocation in Ethereum. Publicly traded companies that hold Ethereum include Bit Digital, BTCS, Intchains Group, and KR1, firms that are mostly focused on crypto assets.

The figures come from the Strategic ETH Reserve initiative, which tracks major institutional holders through publicly visible wallets. The initiative aims to promote transparency and drive broader adoption of Ethereum in institutional portfolios.



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Ripple’s Xrp To Burn 10% Of Total Supply: Fact Check
Crypto Trends

Ripple’s XRP to Burn 10% of Total Supply: Fact Check

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There are growing rumors on social media that Ripple is going to burn 10% of its total XRP supply within the next 48 hours. In a short post, an X user CryptoGeek said that “Global burn of XRP begin in 48 hours with the supply expected to shrink 10% causing $125.98 overnight!”

“The second major burn is happening for the XRP Ledger. I mean, last time it happened, over 13.9 million XRP was permanently destroyed from the XRP Ledger.” He also said, “The last time it happened, the burn of XRP at that scale… price went from $0.006 to $3.27 overnight.” He also referenced a chat from 2017 to support this claim and called the current event “massive.”However, is this true?

According to XRPscan, about 13,989,615 XRP has been burned so far. That burning is a result of small fees accumulated on each transaction and not due to any large burn event. XRP token burning occurs automatically whenever someone uses the XRP Ledger.

Total XRP Burned | Source: XRPScan

Moreover, XRP has a total supply of 100 billion tokens, according to CoinGecko. Burning 10% would mean eliminating 10 billion XRP, which is over 700 times larger than the amount burned in the entire history of the XRP Ledger so far. Based on current burn rates, it would take centuries to reach a 10% reduction in supply.

Also, XRP doesn’t burn tokens or buy them back the way some other cryptocurrencies do. XRP’s burn process is simple and built into how the network works. Each transaction includes a tiny fee that gets permanently removed, helping stop spam and keep the system clean.

The above-mentioned speculations arose from a post by RealFi that claimed buring 10% of REALFI token supply on XRP Ledger. The mention of token burn and XRP Ledger in the same sentence led to the confusion around Ripple burning XRP.

Also Read: XRP ETF Deadline Nears! How Will It Impact XRP Price?



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Crypto Trends

ETH Whales and Sharks Add 1.49M in 30 Days, Now Hold 27% of Total Ether Supply

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Ether (ETH)

traded at $2,508 on June 14, down 0.88% in the past 24 hours, yet managed to hold support above the $2,500 level despite shifting institutional dynamics.

According to crypto analytics platform Santiment, wallets holding between 1,000 and 100,000 ETH — referred to as whale and shark wallets — have added a net total of 1.49 million ETH over the past 30 days. This group increased its combined holdings by 3.72% and now controls 26.98% of the total ether supply.

Santiment noted that while smaller, retail-driven wallets have been taking profits, these large holders have steadily accumulated. The divergence in behavior highlights growing long-term conviction among ether’s key stakeholders, even as retail sentiment appears to be wavering following recent price declines.

At the same time, U.S.-listed spot Ethereum ETFs registered $2.2 million in net outflows on Friday, marking the end of a 19-day inflow streak. The reversal, as confirmed by data from Farside Investors, is the first sign of slowing institutional demand via these ETFs since late May.

Still, ether’s broader structure remains intact. Following a pullback from recent highs near $2,870, ETH continues to hold above a historically significant support zone near $2,500. The persistent accumulation by whale and shark wallets may provide an important floor for price, particularly if macro conditions stabilize and regulatory clarity improves.

Technical Analysis Highlights

  • Ether traded between $2,499.39 and $2,580.53 over the past 24 hours.
  • Price peaked near $2,580 in the early hours before entering a steady decline.
  • The token briefly dipped below $2,500 before bouncing to close near $2,518.76.
  • Late-session volume surged, particularly around 17:30–18:00 GMT, coinciding with the rebound.
  • Support appears to be forming around $2,500, a key psychological and technical level.
  • Despite modest losses, ETH maintained a narrow range of $81.14 (3.14%), showing relative stability

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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410,749,550,095,727 SHIB Removed From Circulation as Supply Takes Hit
NFT Gaming

410,749,550,095,727 SHIB Removed From Circulation as Supply Takes Hit

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Dog-themed cryptocurrency Shiba Inu (SHIB) continues its journey toward supply reduction with 410.74 trillion SHIB tokens now permanently removed from circulation.

According to the Shibburn website, 410,749,550,095,727 SHIB have been burned to date. The total SHIB supply now stands at 589,250,449,904,272.

HOURLY SHIB UPDATE$SHIB Price: $0.00001215 (1hr 0.33% ▲ | 24hr 3.25% ▲ )
Market Cap: $7,156,339,980 (3.25% ▲)
Total Supply: 589,250,449,904,272

TOKENS BURNT
Past 24Hrs: 537,187,730 (377.26% ▲)
Past 7 Days: 687,249,104 (481.17% ▲)

— Shibburn (@shibburn) June 14, 2025

At launch, Shiba Inu’s total supply stood at a staggering 1 quadrillion tokens. However, through burns and deflationary mechanisms, more than 41% of the initial supply has been depleted. In May 2021, Vitalik Buterin, the co-founder of Ethereum, burned 410 trillion SHIB tokens, representing 90% of the SHIB he unwillingly received from the Shiba Inu project.

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Recent data from the Shibburn X account, which tracks Shiba Inu token burns, suggests active burns are ongoing in the Shiba Inu ecosystem.

In the last 24 hours, for instance, 537,187,730 SHIB were burned, resulting in an over 3,000% surge in burn rate. In the past seven days, 687,249,104 SHIB tokens were burned, representing a 481.17% increase in the weekly burn rate.

Shiba Inu: What’s next?

Shiba Inu announced a partnership this week with TokenPlayAI, the AI-powered gaming platform developed by the Astra Nova team, to bring the future of Web3 gaming to SHIB.

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Shib Alpha Layer, a rollup abstraction stack developed with ElderLabs and settled on Shibarium, has been released in beta, combining each RollApp into a single ultra-fast layer. Shib Rollups, a new platform that allows developers to create their own customized Layer-2 blockchains on Shibarium, has gone live.

According to Shiba Inu developer Kaal Dhairya, a new era might be unveiled for SHIB with Shib Alpha Layer.

The Shiba Inu developer hinted at what’s coming next for SHIB in a recent tweet: “Next up: unleash full FHE, open RollApp deployment to everyone, and watch the Shib interconnected ecosystem eclipse blockchains that promised the moon and shipped markdown. Meme era ends here. The Shib Alpha era begins.”





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Satoshi Ally Adam Back Plans to Buy All Bitcoin Supply, But Here’s Big Catch
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Satoshi Ally Adam Back Plans to Buy All Bitcoin Supply, But Here’s Big Catch

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  • Back places limit order to buy all BTC at $0.02, here’s catch
  • Saylor says Bitcoin is going to a million

Blockstream CEO Adam Back, who was mentioned in the Bitcoin whitepaper, has announced that he has taken measures to prevent Bitcoin from crashing close to zero.

He says that should it happen, he will buy all the 21 million of Bitcoins at a ridiculously low price.

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Back places limit order to buy all BTC at $0.02, here’s catch

Commenting on a recent tweet issued by Michael Saylor, Bitcoin bull and Strategy’s executive chairman, who said Bitcoin was going to one million dollars per unit, Back stated that he had did his best to prevent a deep BTC crash. What Back did was place a limit order on the Bitfinex exchange to buy all Bitcoin he can reach should it crash to 2 cents.

He did that, apparently, to outbid investor and venture capitalist Alistair Milne who placed a similar order but on Bitcoin crashing to 1 cent. However, as Back clarified in the comments, he and Milne placed those bids in 2020 and Back cancelled it and “used the liquidity to buy BTC.”

Well I got FOMO after a while, cancelled and used the liquidity to buy BTC. But it was a real live order for a while during 2020. https://t.co/NfL5WnOG6t

— Adam Back (@adam3us) June 14, 2025

Even if Bitcoin indeed crashed, buying the whole BTC supply is a mere joke since about two million BTC remains unlocked still and the majority of the 19 million BTC that have already been mined are held in cold storage wallets or by Bitcoin spot ETFs and by Bitcoin treasury companies, such as Saylor’s Strategy mentioned above. This company currently owns 582,000 BTC worth more than $61 billion in total.

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Saylor says Bitcoin is going to a million

After the bellwether cryptocurrency, BTC, plunged on Friday, losing roughly 4.33% and falling from above $108,000 to the $103,000 zone, Bitcoin rapidly went up, adding 2.35%. Currently, digital gold is changing hands slightly above $105,000.

Saylor tweeted that “If it’s not going to zero, it’s going to a million,” referring to Bitcoin and triggering a wave of positive comments from the crypto community, including that of Adam Back described above.

In one of his recent interviews, Saylor said that he expects no Bitcoin sellers to be left once large-capital companies step in to accumulate BTC. This is already happening not only thanks to Strategy but also thanks to spot Bitcoin ETFs (BlackRock, Fidelity, Bitwise, Grayscale, etc) who have been accumulating BTC every week since their launch in January 2024.





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