Bitcoin
Bitcoin (BTC)
$83,750.00 -1.53932
Bitcoin price
Ethereum
Ethereum (ETH)
$1,881.25 -1.49081
Ethereum price
BNB
BNB (BNB)
$608.44 -3.19747
BNB price
Solana
Solana (SOL)
$126.65 -3.93824
Solana price
XRP
XRP (XRP)
$2.13 -4.58626
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000129 -2.68643
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000076 -4.17069
Pepe price
Bonk
Bonk (BONK)
$0.0000118 -6.64212
Bonk price
dogwifhat
dogwifhat (WIF)
$0.447705 -8.26057
dogwifhat price
Popcat
Popcat (POPCAT)
$0.199243 -12.38568
Popcat price
Bitcoin
Bitcoin (BTC)
$83,750.00 -1.53932
Bitcoin price
Ethereum
Ethereum (ETH)
$1,881.25 -1.49081
Ethereum price
BNB
BNB (BNB)
$608.44 -3.19747
BNB price
Solana
Solana (SOL)
$126.65 -3.93824
Solana price
XRP
XRP (XRP)
$2.13 -4.58626
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000129 -2.68643
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000076 -4.17069
Pepe price
Bonk
Bonk (BONK)
$0.0000118 -6.64212
Bonk price
dogwifhat
dogwifhat (WIF)
$0.447705 -8.26057
dogwifhat price
Popcat
Popcat (POPCAT)
$0.199243 -12.38568
Popcat price
Bitcoin
Bitcoin (BTC)
$83,750.00 -1.53932
Bitcoin price
Ethereum
Ethereum (ETH)
$1,881.25 -1.49081
Ethereum price
BNB
BNB (BNB)
$608.44 -3.19747
BNB price
Solana
Solana (SOL)
$126.65 -3.93824
Solana price
XRP
XRP (XRP)
$2.13 -4.58626
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000129 -2.68643
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000076 -4.17069
Pepe price
Bonk
Bonk (BONK)
$0.0000118 -6.64212
Bonk price
dogwifhat
dogwifhat (WIF)
$0.447705 -8.26057
dogwifhat price
Popcat
Popcat (POPCAT)
$0.199243 -12.38568
Popcat price
Bitcoin
Bitcoin (BTC)
$83,750.00 -1.53932
Bitcoin price
Ethereum
Ethereum (ETH)
$1,881.25 -1.49081
Ethereum price
BNB
BNB (BNB)
$608.44 -3.19747
BNB price
Solana
Solana (SOL)
$126.65 -3.93824
Solana price
XRP
XRP (XRP)
$2.13 -4.58626
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000129 -2.68643
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000076 -4.17069
Pepe price
Bonk
Bonk (BONK)
$0.0000118 -6.64212
Bonk price
dogwifhat
dogwifhat (WIF)
$0.447705 -8.26057
dogwifhat price
Popcat
Popcat (POPCAT)
$0.199243 -12.38568
Popcat price

Kingdom of Bhutan deposits $66m in Bitcoin on BinanceĀ 

News
Kingdom of Bhutan deposits $66m in Bitcoin on BinanceĀ 

The Kingdom of Bhutan has moved Bitcoin to a centralized crypto exchange for the first time since July 1.

Arkham data confirmed that Bhutanā€™s government sent 929 Bitcoin (BTC), worth over $66 million, on Oct. 29 to a Binance deposit address, slightly reducing its substantial crypto holdings. Officials initially moved 100 BTC, or $7.3 million, to the exchange in what appeared to be a test transaction. Bhutan subsequently transferred 839 BTC, valued at around $59 million, in a follow-up transaction.

Arkham began tracking Bhutanā€™s crypto holdings in September, revealing that the small Asian nation held nearly $1 billion in Bitcoin.

According to crypto.news, Bhutan has invested heavily in BTC mining since 2023, generating over $750 million in Bitcoin in just over a year. Druk Holding & Investment, Bhutanā€™s investment department, manages its BTC reserves, giving Bhutan the worldā€™s fifth-largest sovereign-controlled Bitcoin stack.

The U.S., with its 203,239 BTC; China, with 190,000 BTC; the United Kingdomā€™s 61,245 BTC; and Ukraine hold the only government Bitcoin balances larger than Bhutanā€™s.

Bhutanā€™s approach to acquiring BTC stands out. Unlike countries like the U.S. and China, which obtained much of their crypto holdings through seizures, Bhutan mined its holdings using computing power, repurposing a converted educational project.

Following its transfers to Binance, Bhutan still holds 12,456 BTC, worth over $885 million with the recent surge in the crypto market. BTC recently crossed $71,000, with analysts suggesting it could retest its all-time high of over $73,000 from March.

Bhutan also owns an estimated $600,000 in Ethereum (ETH) and holds smaller amounts in other cryptocurrencies.