Bitcoin Worth Nearly $12 Million Moved By Bhutan In Fresh On-Chain Activity
Proceeds from Bitcoin sales have paid for healthcare, environmental programs, and government worker salaries in Bhutan — a detail that puts the kingdom’s latest crypto move in sharper focus. Related Reading: WAR Token Explodes 100%, Then Crashes 20% In Sudden Sell-Off A Small Nation With A Big Bitcoin Strategy On Monday, blockchain analytics firm Arkham flagged a transfer of 175 Bitcoin, worth roughly $11.85 million, out of Bhutan’s main government wallet. The funds moved to an address created about a month ago, one that had already received 184 Bitcoin from state accounts. As....
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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 […]
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....
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 […]
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 […]
On-chain data suggests that dumping from 11-year old coins worth $20 million may be behind the recent Bitcoin price drop. 11-Year Old Bitcoin Moved Shortly Before The Drop below $40k As pointed out by an analyst in a CryptoQuant post, a large amount of dormant coins since eleven years ago seems to have moved a […]